Buyer would be most likely those who has no exposure to oil and gas and perisai would be a perfect candidate to buy over and strip off the prime assets
Perisai has 14 years experience in og industry. Surely very cheap for a white knight to buy over. Good buy especially oil prices is bullish now. With the most recent announcement ie settlement of dispute with their JV partner, this counter will move upwards very soon.
People who had bought at 0.04 and sold at 0.06-0.075 made money. People who bought at 0.055 and above loss money and need wait longer time to made money before due
fundamentally it is uptrend now since the default case is settle. But waiting next week opec and non opec cut production, it should continue fly to 0.100. Be patient. :)
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
cashflow
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Posted by cashflow > 2016-12-23 17:10 | Report Abuse
All, sorry. I heard wrong speculation on the buyer. Bumi Armada has no interest for acquisition. Not sure who is the buyer now.