still holding, being mainly a daytrader I always keep a default disclosure of no stock held, because at any given minute I could make the decision to sell out.
will be interesting to see what media speculation comes out in the UK tonight if Tower also goes into a trading halt tonight.
for those trying to do a back of an envelope valuation of a discovery in Uganda, the recent Tullow/Herritage transaction has set a price of $5 USD per un-developed barrel of reserves, meaning if infact GBP's has a discovery net to them of 25 million barrels in theory it would have an enterprise value of :
$125 million USD or $139 million AUD or 78c per share.
GBP Price at posting:
19.0¢ Sentiment: None Disclosure: Not Held