Caspian Sunrise Takeover Rumours (CASP)

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Caspian Sunrise Takeover Price

Caspian Sunrise Takeover Forum Posts

From Results ' The purchase of 3ABest is subject to further due diligence, the entering into of a definitive binding agreement, compliance with the AIM Rules for related party transactions, the UK Takeover Code and the approval of the Company's Independent directors and shareholders. ' Revenue US$ million_ 2017 7.575m Forecast 7.735m Last year 1.571m __ BIG hike-Last Year
Off topic - us HUR about to go on a run on anticipation of likely takeover ??
Edit, 21% to be more precise. The remaining stake will be profit BUT not until it’s cashed up ! I will probably take the base stake plus some profits but depends on development. I’m hoping for the takeover that will obviously change decision making. All up in the air, nice problem to have.
Just a thought, could there be a bit of a reverse takeover strategy potentially going on here, without any hint of breaking the Aim rules of course?
The cycle of boom/bust has always been the bogeyman for the small explorer. The multinationals overproduction causes a glut of oil and gas production which brings the price of oil down below break even for many explorers then the big boys cut back on exploration and use up their reserves to stay solvent while the small companies either go bust or dilute to stay in business. The small companies that survive then become prime targets for takeover as the multis' rush in to replenish depleted stocks. I believe we are at that stage again now so that any tiddler with a big discovery on their hands will be able to name their price in the months ahead.
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