Post by
B2Invest on Aug 09, 2016 11:05am
Is it true that there is an offer on the table for buy out?
I heard there is an offer from a bigger company for $1.50 a share for RMP. Is that true?Anyone else heard it or is it just a rumour?
Comment by
Jonesing on Aug 09, 2016 11:09am
If there is they should take it!
Comment by
Ellesse on Aug 09, 2016 3:28pm
$1.50 if we are Lucky..... Sad... But that's reality on this market condition....
Comment by
Mulaman1 on Aug 09, 2016 7:46pm
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Comment by
Jonesing on Aug 09, 2016 8:00pm
Think you are mistaken... I did not post that an offer was out... Hope there is one but I don't think they really want to sell. They will benefit "little" from a sale. Any share they purchased over the years was more than 1.5 a share. Sure they get a lot of freebees but their own investment will be at a loss. As for how many shares... my average is 1.30.
Comment by
Mulaman1 on Aug 09, 2016 8:04pm
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Comment by
Jonesing on Aug 09, 2016 8:16pm
You know everyone keeps looking at the negatives, i agree it isn't great, but.. most companies have had there credit slashed. RMP will be below the new limit by year end. The other thing that bothers me is that if one did the dd they would have also know that the wells that RMP have run dry faster than most. Myself I expected oil to recover a little faster than it has.