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19.1% 2.5¢ emperor energy limited

fortescue weighs push into gas, page-9

  1. Albuera
    1,863 Posts.
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    30/05/14
    17:30
    Post #: 13439911
    A takeover suitor if there was one is not going to pay one tenth of a cent more than they have to.

    VWAP over last 30 days would be somewhere between 1.0c and 1.2c. Put a 100% premium on that and you get 2.0c to 2.4c.

    Not many takeovers if any are done at a 100% premium to the VWAP traded price.

    Punters dream on if it makes you feel good.

    Dream about Doyle pulling a rabbit out of a hat. The sp doubles or triples and then a takeover.

    Call that a fantasy dream !
    OBL Price at posting: 1.1¢ Sentiment: None Disclosure: Held
    Likes Created with Sketch. 1  Upvote
    lightbulb Created with Sketch.  Great analysis
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