Hi Mark, and THANKS! My guess is that maybe Offor's doing it so the basis for negotiated premium won't be so absurdly low? (I personally think that if that's it, all shares below $6 should be bought up, but that's just me)
Mark, it makes perfect sense the Chineese would be buying all they can before the drilling results. Good drill results and the share price increases. It makes sense for them to be buying now.
Getting the feeling that we might be " IN PLAY " !!
i think what Mark is implyin here is that on the open market all shares abvailable will be bought up unitl the price is above $1.00/share. Could be SEO, SEO friends, could be SINOPEC.
After the price top a dollar then the buyout will unfold.
Yeah it makes sense. If whomever is buying for let's say $3 can buy shares on the open market for less than $1 why wouldn't they. They do not have to report until they get to 5% of the shares outstanding.