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eik

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Alias Born 10/24/2005

eik

Re: specbidder post# 22244

Sunday, 12/03/2006 11:36:23 AM

Sunday, December 03, 2006 11:36:23 AM

Post# of 46027
The offering will be done based on audit results and nomad recommendation. Theoretically, pink sheet price will be irrelevant at that time. Practically, if/when audit is done PPS will improve anyway and get closer to AIM offer. OTOH, my suggestion to NWOG management has always been: “Get out of Pinkyland and maybe even US markets at all! Take TatNeft experience as a pattern.” The problem: US markets are more liquid with higher trading volumes and more manipulative. If US float stays big enough it will definitely affect AIM prices.
IMO.