I am not convinced that anyone is bidding on anything PVR have as there has only ever been just talk.. If this share price is too rocket it will be done in such a way that only the big boys will make money we will be diluted out as we are the bottom feeders. It has been set up like thay from day one. The s.p has been walked down so they can keep averaging down
There is a possibility would be bidder dilly dallying for chunk resulting board to come out fund raise as backup measure. They would have given ultimatum with time limit a week or two to close. If this falls through he would bang our doors, but am against diluting
I wonder was it Pagent who were the ii's starting the revolt against TOR, I am hoping at the end of the month this revolt will gather steam although very unlikely.
If there is light at the end of the tunnel you can be sure TOR wants a lot more than his 500k salary he is here for a massive cheque and not here for us clearly ..We will be totally diluted out
At this stage they know the status of the melody loan, the amount owed transocean and when it is due and yet we have been told nothing.
He doesnt even need all that. If he was any good he would make a deal on any asset, drill it and get it producing and then use proceeds to develop the others. Even just sell barryroe for whatever its worth.
Typical form from a badly run company. Absolutely disgraceful behavior after investors put their trust in this company during the last fund raising.
E100m, so only 3/4 of a billion shares at 10p resulting in circa 85% of the company being owned by new investors. I won't be surprised if it turns out to be mummy or daddy O'Reilly!
Was thinking the same we might as well forget about it if plus another billion shares are to be sold off.. curtains for the p.i I have lost big time on this and I am only now realising that it's over
Are we all for real to raise 100 million you would have sell 1 billion shares at 10 p a share
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