Long Run Explor Ltd Ord WFREF

RE:RE:RE:RE:RE:RE:RE:RE:no reason to make haste

[Reflect]

Okay; now you are sounding serious. So let us ask ourselves this.

Wouldn't it make sense that if a serious party were making a credible offer to buy into LRE - let's say at 1.40 for so many shares; wouldn't that party begin acquiring equity in LRE at a price accumulation of shares as many as possible below the the 1.40 initial offer & to also have a say in the Company.
And wouldn't this same logic apply at the Chinese offer of .52. There was no massive purchase of LRE shares nor did the Chinese acquire equity in LRE. Instead, LRE mgt. & a select group of shareholders offered their shares to support & give credibility & legalization of the offer. Even the market does not believe in these garbage deals.

If these offers were serious & credible; LRE would have jumped to 1.40 but it didn't. There was no purchasing of equity in LRE to reach this price. Look at the latest .52 offer. There is no massive purchase of shares below this bench mark.
This whole thing is a joke & the market is reacting accordingly.

You mention Crescent Point. Study the buying of Legacy Oil & Gas and how credible deals are done.