North Sea - Faroe bidding premium ? - North Sea - InvestorVillage

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Msg  39 of 48  at  11/29/2018 4:44:54 PM  by

Public_Heel


 In response to msg 38 by  seegoon
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Re: Faroe bidding premium ?

 Maybe, but I think the selloff was for two reasons:
 
 1) collapse of POO
 
 2) people assuming that October 4(?) would automatically bring a takeover bid from DNO. Of course, they aren't that stupid. they let it sink in that there would be no bid, then watched the price drop back to where they wanted it.


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