If PVR had a serious takeover approach in 4Q 2014, it would been under an obligaion to disclose to the market. Treat leak to Titan with caution....PVR is second largest holding in their energy fund, so they can hardly be expected to be
This must be the statement of the year. If it is true, we should buy like madmen. Either way it really is some statement. At a fully diluted market cap of just £40m (as at 27 Feb 15) and with over 1bn (2C) boe in place at Barryroe alone, of which on the assumption that they farm down to say a net 40%, they will have a retained exposure to 400m boe, and with the company realistically targeting 5bn boe from within their entire portfolio then, by any stretch of the imagination, we believe this is one of the most extreme assymetric risk/reward profiles of any Oil E&P, indeed outright stock play, globally
Am amazed none of the articles or media is highlighting this, however they are spot on in informing speculations so people can buy; this is trap.
If anyone trust what am saying send this message on other billboards please.
It should have been 1:1, n moreover it's open offer for retail investors n not rights issue. TOR has mentioned its oversubscribed this time, if any retail investor didn't buy he would have allowed institutions to pick at the same price. He would have raised whatever desired amount with FairPlay but adopted to hit retail investors so hard. Can't we raise our voices together?
This is well orchestrated, they might lure more investments n dilute again in the name of Spanish point. Those who brought for years been hit so hard shirts been ripped out. Watch out take this ino .... Don't u all know .... Watch this space TOR famous quote
This is fraud played on retail investors by pvr n TOR, they diluted asset massively by selling 66 million of shares at 25 p to institutions I.e 5:1 where as for retail investors 1:4.4 this is called day light scam, robbers are on the streets. They are fooling all of us with the name of Barryrow asset, there should be fca inquiry in recent stock allocation. Huge scam this is, can't we raise our voices.? Anyone could advice how CEO can take such drastic dilution of stock n hitting retail investors so hard
am not falling for this scam again. if it is worth so much why is it priced at 28p. they expect me to buy again just so they can dump the stock again!! time to put up or shut up titan. show me da
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