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Petro Rio S.A. HRTPF

Energy Oil & Gas E&P
"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

Petro Rio S.A. > MM - Adult Supervision...not so much
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Comment by gusgoldon May 11, 2013 7:00pm
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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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