Equal Energy Ltd EQU

20,000 shares bid for at $4 on US exchange

[raccoon2]

sense is the buy-out / re-org/ sale is nigh my guess is 20% premium over $4

any buyer on the sideline will have to act now with endless QE3 in U.S. ,oil to $125 soon.

[Nawaralsaadi]

A buyout or restructuring price would be much higher than a 20% upside from current levels, the upside is 50% to 100% from current levels, my current target is $7+ by year end if they become a trust or an oil weighted junior. Regards, Nawar

[raccoon2]

for getting me into this around $3.10!   I would not want to be short over this weekend, eh?   Someone wants to buy quietly up to 20,000.   If your 100% gain comes true I owe you a bottle of champagne!

[Nawaralsaadi]

You welcome, pleasure to hear that you are in the money with Equal. I agree, I think we are getting quite close to the review conclusion, my estimate is we are few days to few weeks away at the most. As for the bottle of Champagne, I will make sure to collect ;). Regards, Nawar