Monday, March 02, 2009 9:42:19 PM
Personally I think/hope Addax will do a buyin with a stock swap say 30 to 1, and give SEO a large cash incentive. That would give us "jdz die-hards" the opportunity to stay on long term or cash out. Existing shareholders wouldnt care much if Addax continued to be brilliant and find more and more oil.imo
I think Addax is a steal at todays prices. Did you see how fast it ran up from 12!
My belief is the "investigation" is all that stands in the way. Can anyone get the latest info on the investigation? Will it ever end? It never really began, it just existed to depress our psp imo.
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