re: Ann: PES: Pure Recommends BG Group Takeov...
Chris,
I hope sense will prevail and that AOE walks away from it all.
As I said before, DON'T SELL ANY OF THEIR SHARES TO BG. JUST GET A COUPLE OF SEATS ON THE BOARD, AND MAKE SURE THAT EVERYTHING IS RUN SMOOTHLY FROM THEN ON.
On top of that, they will share in the profits for ever and a day, AMEN, with the foot in the door, just in case...
As you said they have the money to buy smaller players out there, and there are quite a few out there, who are a bit short of cash.
Although both MPO and ESG are cashed up, IMHO they would make an excellent buy. MPO for instance have tenements just next door and are currently drilling to prove their tenements, in order to increase their sp value, and stave a T/O. Their current sp value is only reflected on their cash backing, and the rest is all for nothing, lol.
ESG too, has huge potential, and that could be a very good cherry to pick too. LOW HANGING MIND YOU.
My thoughts,
Buddy
AOE Price at posting:
$2.66 Sentiment: LT Buy Disclosure: Held