Ann: Unconditional on-market Takeover Bid for Tap Oil, page-32

I suppose it isn't daylight robbery if no one sells (and I am not a seller) . TAP was just starting to move again nicely (off the 5.1 c low) as oil price is ramping (average realization received of $59/BBL last Q), production outlook improving / upside through two exploration wells in Manora to be drilled in Q2. On top of that the company has zero debt. I understand the bottom feeders looking to take this out cheaply but I will be holding for a better bid or (more likely) for the assets to generate value far exceeding 7 cps.