RE:RE:RE:blue star loves a actor steelimpega wrote: A year ago the stock was 40 cents and those suggesting the stock would be nearly $2 a year later were thought to be out to lunch. $3 to $5 is not out to lunch in my opinion if Stella is successful, perhaps another 6 to 12 months. Delek is moving now so they will capture the upside from here. Why else would they bid? Are they also out to lunch?
Impega, no argument that the share price could rise to $3.00 - $5.00 within six months to a year, if the PoO gets back up into the $115.00 range. IAE have a horse load of debt and they will be no where near having this paid off over the next year. And as such this stock will never see anything beyond the low $2.00 range in the near term. As for Delek, they are playing the long game here and expect to be in the North Sea for many, many years. I have no doubt that they see Stella and perhaps one of the other fields paying for the debt and then they will start making money on this deal and will no doubt make it for a number of years. No, $3.00 - $5.00 is truly pie in the sky thinking.