IMHO forget NHC doing anything!
they had maybe 19% (or whatever) of Dart - threw out the old Board, put in Rob Neale as Chairman, then promptly sold off the coy to a UK mob. So they get a diluted stake in a UK coy ie a holding which is more liquid.
They had the "kingmaker" stake of 17.6% in Westside, with Rob Neale as Chairman, and NHC quickly sold out to the Chinese.
So my point is, NHC is dumping its stakes in these small companies.
So I will bet, that if someone offered NHC an avenue to get out of PGS, NHC would grab it!
But hey, I think that is a positive.
Because IF SXY or ORG has an interest, they know that NHC would probably be a willing seller. And the NHC parcel would be an excellent starting point for a predator.
cheers
PGS Price at posting:
2.0¢ Sentiment: None Disclosure: Held
