... let me blather on a bit longer ... It's hard to be sure at this point how any furture business combination may be structured, and it's hard to gauge what the future effect will be to existing shareholders, but there is certainly some risk that existing shareholders will lose some of the benefits of future growth if the company must be 60% owned by Nigerian shareholders.
Hopefully the value proposition of any future business combination will eventually explain how the interests of existing shareholders will be adequately protected when controlled by the new 60% owners.
Right now, I like concentrating on the great news about dividends and the increased NPV of the company that results from the increased reserves. Mart has a great opportunity to have strong growth in production, reserves, revenues, and profits over the next few years.
If we really do get some positive new analyst coverage in the near future, we should see some good upward momentum in stock price as well. The fact that Mart is a growth stock that now pays a very generous dividend means it fits into wealth managers' accounts much better.