Block Energy Takeover Rumours (BLOE)

Question is: How do you value a Quantum Leap or a pre-emptive bid for a takeover scenario here. The resource numbers are mind boggling and Market Capitalisation is tiny. Market Makers appear to be juggling and implementing 'smoke and mirrors' tactics. Derampers have been silenced and all is calm today. Hopefully Monday's presentation or RNS in the meantime will give long term holders a steer? We shall soon see ; ))

i can see a takeover or big JV imminent

No sign of any takeover. Haywood said Farm In. Negotiations for that could be prolonged and subject to politics. Haywood needs to demonstrate to the market that something is happening otherwise the Chinese will take Block for peanuts.

I see there are now a few punters dreaming of a takeover. Great job Haywood.