A Buyout?IMO the little news update had alot more positives then the one negative. RA is going to shed even more positive light onto this company and going forward it is going to be hard to understand why some majors or Statoil would just let VLE operate on such a valueable asset. I firmly believe that with the new addition to the board that VLE are pushing things into high gear and going for the slam dunk. With a several month gap between the RA and the planned timing for the second drill being so long it would be kinda strange is there isnt a rush to start production up faster.
In that time period it would make sense that VLE management would accept a fair bid to sell the company to somone who could really make the most out of the find. A shareprice between 12-25$ seems to be most commonly referenced amount. Some people are throwing around alot higher than that and while that would be unreal I dont think its possible at this point (hopefully im wrong).
I dont know if this is a valid concern, but I do believe to get the best deal the shareprice will have to be hovering around where we had it briefly around 4.80-5.50$ would help us from getting lower offers. Im sure management can handle the negotiations well though.
Just like sharing thoughts and possiblities but of course anything can happen! This just seems to be borderlining on a sure thing with more positive news. Also does anyone think that they wouldnt want a buyout and to grow the company further. Being exploration I doubt it. Thanks!