Post by
bmouton on Jan 06, 2012 2:28pm
Genel
I believe someone had stated that Genel is presenting on Monday so perhaps they wanted some news to offer at the conference. If we have to wait until Monday then I would guess it will be released before the UK market open. Here's hoping for the best.
Comment by
scluri on Jan 06, 2012 2:37pm
My purchase price is about 30 cents.I have wached this share to godown after I bought.Would this new deal with Genel help in share price to go up? any idea pl. share thanks scluri
Comment by
EOIM on Jan 06, 2012 2:40pm
If this turns out to be full buyout, then I wouldn't be surprised if we get something between 40 cents to 60 cents consideting that the book value is around 30 cents thereby involving a 100% return excluding the premium for change of control.