RE: Anybody Know Who ML Are Buying For? Are they buying on behalf of the incoming group?
Africa Oil's Certified Advisor on NASDAQ OMX First North is Pareto Ohman AB. Pareto were behind Horns' recent massive $15M PP....
Are they buying for the new group at the behest of Pareto Öhman AB? Certainly Merrill Lynch are described as 'our good friends'....
"The Pareto group is a leading, independent Nordic financial services group, with shareholders’ equity of close to NOK 3.2 billion. Pareto Securities, the investment banking arm of the Pareto group, offers a wide range of financial services including equity and fixed income brokerage, equity and debt capital raisings, and advisory services in relation to mergers & acquisitions and restructurings. Pareto Securities reported operating revenues of NOK 1,230 million in 2010. Pareto Securities has approx. 370 employees, its head office in Oslo, and offices in Stockholm, New York, Singapore, Kristiansand, Stavanger, Bergen, Trondheim and Malmö." When we are told that PTV need not look beyond its trusted confines when money is an issue, this is the organization being referred to.
As Darrel Devine explains: 'we're all part of one big group' when talking about where PTV fits into the grand scheme of things. PTV is not only linked directly with Lundin through Keith Hill and Ian Gibbs, but also indelibly into all the corporate affiliations, the houses, the backers, the machine. It will not be sitting on the sidelines unattended; indeed, it enjoys all the comforts and accoutrements that a company one hundred times its size would have at its beck, under the Keith Hill Umbrella.
When it is time to switch PTV on you can bet it will go up like a thousand theatre lights, all at once. We've not even witnessed the final scene to Act I yet.
Cal