Arrow Exploration Takeover Rumours (AXL)

Since AXL started going sideways at circa 17p some 18 months ago, VLE(+147%), AET(+54%) and AXL(+47%) have been my best performing O&G investments.......in a sector, that despite very strong cash flow generation has been surprisingly challenging for investors. Since AXL's London Oct 2021 IPO (2.5 years ago)the comparative performances of the three companies has been: +671% VLE +292% AXL +175% AET My average investment holding period for these three investments is 1.73 years with an average return of +108% (AXL holding has generated the most £capital gain) The other O&G investments have largely gone sideways with the exception of JSE which is -62%, down to 34% below the average buy price, ADV a circa 70% crystallised loss, and SAVE which is +227% but currently suspended pending Government approval for a reverse takeover. AIMHO/DYOR

What fear? What about the buyer R123? I can sell £25,0000 AXL worth in one go and have been able to sell 100,000 shares at any time for months and months, if not the year. The fear only works on those overexposed to AXL. This is only a small part of my portfolio and many here. Remember there are already shorts on AXL and they won't be able to close when we violently re-rate upwards or receive a takeover bid. With oil price low, COP behind us and rates falling, then now is the time for M&A. A 34p bid would be a punch in balls for us but even bigger punch for a short. @rockyride, I agree about lumping RNS's together. I don't believe individual well success will have an impact on SP. If we fail the SP will only be down in the morning of the RNS to recover. We need material updates.

Pastybap most of my wealth is in a global tracker. What EMH does not take into consideration is the Arrow takeover price and this is what BOD at Arrow can add extra value, by building companies for takeover and then repeat. They have a track record of this. Any new discoveries and reserves updates are also upside to the share price and are not factored in by EMH. This is why I remain massively bullish on the upside.

MrS how's that work, lower the share price, lower the takeover offer would be to appeal to existing shareholders is my understanding. Are you sure your not drinking??

I am hoping to form a camp of investors who really want to keep the share price low making Arrow attractive for takeover where we will receive fair value. This is not a share for traders. I think this aligns with the BOD strategy in particular the past. The financial results at the end of the month (according to TradingView on Wednesday) where I am sure will show extremely strong cash flow and cash position, but I hope the share price stays incredible attractive for a takeover.