Diversified Energy Takeover Rumours (DEC)

Snowflake research just read the West Virginia law, the pending court case was withdrawn, a takeover offer has been made and Jim Kramer just announced the bumper 30% of dividend on bloomberg. Do sleep well chaps!

This is why I'm reluctant to invest in UK quoted companies that do most of their business in the USA. The United States is not the country we think it is, it shouts about free trade but creates obstacles for foreign companies and it's legal system is politicised and biased. Examples: After the Deepwater Horizon oil spill Obama made a point of calling BP 'British Petroleum' and American businesses that had suffered no loss where awarded compensation. Shortly after BATs takeover of Reynolds a major investigation into the tobacco industry was announced. Trans-Atlantic crossings by Concorde were delayed because the Americans decided it was 'too noisy'. Caveat Emptor!

Someone said this will be interesting takeover target, I would love to hear why you believe that?Right now I don’t think this is getting any takeover interest maybe if drifts to 50p which at the current rate is very possible.Also people getting excited about a 20% plus divi on a consistently share price it’s just madness, every time you reinvest it just ends up falling a little more.