EMP 0.00% 0.9¢ emperor energy limited

Yes it is time for OBL to do a deal as their will be clean air....

  1. 2,031 Posts.
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    Yes it is time for OBL to do a deal as their will be clean air.

    Would be nice to see what analysts think of the value of the derby block? Now that we know that OBL have 50% and REY have 50%.

    The great thing is REY does get analysis done. We see it on hot copper. Very interested at what value experts place on the block. A lot more than OBL's market cap and a future rerating.

    Valuations are expected in doing any deal and would be handy for shareholders to know the true value.

    The under performance of the share price, really puts pressure on management. This is a blow to them, but could be a blessing to shareholders, as valuations, debts paid and deals need to be done.

    There is a real possibility OBL could be taken over now or a coup to replace management with an offer to shareholders of an alternative with bells and whistles.

    This is not the end, but the beginning.

    A complete over reaction. Fundamentals are still there.
 
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