OEX 20.0% 0.6¢ oilex ltd

Is it a coincidence that there have been some very positive...

  1. 1,409 Posts.
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    Is it a coincidence that there have been some very positive activity on the LSE over recent days with some strong turn-over last night?

    I'm reading it as possibly a leaky ship, with those in the 'know' buying in to take advantage of whatever is coming down the chute.

    1/  If the doomsday scenarios are correct as mentioned above i.e. CR, poor results, then I would be expecting the opposite market response and a significant sell-off - unless, of course, a CR was directly linked to an outstanding flow test result (maybe the signs/initial flow rates are very promising). They may have found themselves a little short after additional costs and the QR/AGM would have revealed such a situation - so better to get it out of the way before hand.

    2/  Equally, Hanson's appear to have a T/O reputation.  Such a scenario may, likewise, be associated with better than expected initial flow rates and a suitor may be in the wings (Magna, other?) and Ron is doing some due diligence on getting the best price for shareholders and in managing such an eventuality.  
    • MBOs, MBIs and secondary buy-outs
    • Sourcing of acquisition targets
    • Valuation analysis of target companies/assets
    • Structuring transactions optimally to minimise purchaser risk
    • Sourcing of debt and equity funding to finance transactions
    • Bid Defences
    • Takeovers - recommended and hostile
    • Public-to-Private transactions
    The above could also explain the info hiatus over recent months .... maybe Ron has been aware of these (& other) live options and has been playing a very dower hand  - to manage expectations and not being driven by an overly excitable market to make a premature call.

    Let's just see how this unfolds - it could be juicy ....... or disappointing.  
    Realistically, you're never going to please everybody.
 
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