Speak out to all public Need to be exposed to New York Times, CBC
PRE is not a tiny company, while a over ten billion dollars one three years ago instead. It is a low cost operated, $28/bl, profitable, healthy and well managed, risk hedged companyWhy is its SP dropping down two years ago from over $23/share to today's status like a free fall object so much faster than oil price fall? Why last year ALFA who owns over18.9% of PRE at cost $15/share-- billion dollars, wants to buy out PRE at $6.5/share? Why O"HARA who owns over 18.1% of PRE at cost over $10/share--over several hundred millions dollars, is against ALFA's action? And now, another so called financial company Catalyst who plays as another party to execute so called PRE reconstruction taking all common shareholders money asset away. Why ALFA simply, easily announced recognition of losing all investment and left without struggling for over billion dollar loss instead? Why O' Hara keeps silent all the time and without any compaint combating for over half billion dollars investment back? What deal is happening among AlFA, O'HARA and CATALYST and other big silent shareholders like TRAFIGURA BEHEER BV 10% at $4.42, so is LAZARD ASSET MANAGEMENT LLC? What relationship is among them?
Now oil market is recovering to BULL market about $50/bl and upwards along with time being, why MANAGEMENT and CATALYST and actually those bigs are just doing what they want robbing us smalls as they like? Are they law? Are they another government? Are they judges? Are they Court? We smalls need justice! This is scandal! We must release, speak out to all medias including NEW YORK TIMES, CBC...! We must get our money back! Those against law must be punished!