....except an onland dry well in Kazakhstan.
re Lerrab: As far as I know anyone can buy up to 30% of a company without making a formal bid. Only insider trading if acting on privileged info not available to the market. But I think bloggers might be better off having a damn good look at Sequa. Why is everything on hold until their corporate bond gets away for $300m? They had a major capitalisation in June 2014 that raised €600m on the Euronext Exchange....and they havent invested in a single announced project
re Ookyfly: You are correct. Under Rule 35.1 of the Takeover Code, a lapsed offer or declared intent to make an offer, the Offeror cannot make a new offer for 12 months, unless they can be convince the Panel that they are an exception. Proves you never believe a word you read in the media, particularly re AIM companies.
I've seen a few references to bloggers here saying they have at times shorted the stock. I was under impression that shorting was generally unavailable to the retail investor unless you had a stock that dealt in Options. Are there brokers that will offer this?
ABT Oil & Gas farmed into Helvic field in November 2013. However I cant find any reference to their share on PVR's website or anywhere else. Furthermore, I cant find any reference to them selling or surrendering their share. Have I missed an RNS?
re Sapinda: agree with atlanticshore. Sapinda chair has long record of bankruptcy and conviction for fraud in Germany. PVR would really be scrapping the barrel supping with these guys.
Re Drombeg RNS: Polarcus not listed as presenters at APPEX 3 day conference but appear to have a stand of some sort. Nothing about Drombeg developments on their website either. Exercise in deflection?
Re JB63: Exceptional candid response from PVR. Knowing that you were likely to publish blog, they must be trying to calm PI sentiment.
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