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Petro Rio S.A. HRTPF

"Petro Rio SA is engaged in exploration and production of oil and gas in Brazil and abroad. The Company is currently engaged in the hydrocarbon production in Polvo field."


GREY:HRTPF - Post by User

Comment by gusgoldon May 11, 2013 7:00pm
78 Views
Post# 21368482

RE: MM - Adult Supervision...not so much

RE: MM - Adult Supervision...not so much

 

as far as I know it would take a shareholder vote to sell the company cheap to a hedge fund. I don't see it happening before the 3 drills are completed and the solimoes written off. Plus, if a hedge fund saw great value here, why buy the company for $3 when you can buy all the shares you want for $1.27 and a lot less a week from now

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