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16/04/18
11:30
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Originally posted by Bortgm
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Yeah still here mate, watching quietly from the grandstand. Don't get on here very often, limited news so the HC banter tends to be anger/frustration more than valuable content, can't blame peeps though, it's testing everyone's patience.
The macro picture is certainly improving, and likely to get better with the passage of time. I'm still confident it will happen, my concern is more about what it will look like for us. the recent Santos takeover bid just shows how shareholders can get fleeced during buy-outs. The hedge funds get looked after and get a seat at the table, the pleb shareholders get left holding the bag. If it can happen with STO it can certainly happen with us.
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Any take over bid would have to satisfy Baupost and Baltimore so it would be multiples of today's SP.
Around $2ps