No news is good news! any day now, Cathal very busy in the office apparently...advise all to call Fastnet if they think nought happening here
With the AGM coming up shortly, I am expecting announcements of new directors coming onboard shortly. Depending on the rep/calibre the announcements might give the sp a little bounce...
In response to a shareholder query I received the following from Fastnet "Following Friday’s General Meeting, we anticipate that there may be a further General Meeting in the months ahead when shareholders will be required to vote again. In this event, it would be most likely that such a General Meeting would be required regarding the acquisition or reverse takeover of a much larger company in the pharma sector, requiring a further vote by shareholders. ‎
I have been watching/posting on this board for 2 years however it would seem that all of a sudden we have been invaded by several w@@kers...
I think the POO is dropping so quickly that our friends in the Shale business will not have time to restructure etc which will hasten their demise...quicker the better
another nice day for FAST, long overdue...
I would say on of the reasons CF bought so many shares at a premium was to ensure he had a large enough block to help get the vote over the line...it would seem that this plan has been in the making for some time...
Also Barryroe profitable in the 30-40 dollar range
The other interesting thing was the fact that there was no financial exposure to the company as a result of Midleton yet the SP dropped 60%...
I don not want to mis quote but basically, I took it that the lack of certainty in forward oil prices rather than the low price itself is causing a major headache for potential partners. LOGP are optimistic that at some stage a deal will be done there is too much proven value in BR for it not to be developed. PVR are working very hard and counterparts are still in the room so (no surprises) it is ongoing, I am paraphrasing what was said.