baragatan-1 well to be re-spudded nido petrole, page-110

Well if you notice the last flurry of activity it is obvious someone doesn't want this to run away. Who can buy at 33.5 or 34.5, I can't.
When management sold 20% of the company to one individual for 2.7 cents I really don't think they considered the consequences. Maybe they did but had no option as he was the only taker. Who knows.A little research on our largest holder is recommended. Especially his deal with TAP which gave him a huge war chest and will tell you how he likes to operate. Some of us flagged him as wanting a T/O as soon as it was announced he had taken his position. It's only become more obvious to me as time goes on. But it's all IMO of course and pure speculation.