Europa Oil & Gas (holdin... Takeover Rumours (EOG)

Yes, the lifting of the shale gas moratorium and also Petrichor lining up their takeover….

Probably more to do with RBD getting their cash in. 9.8m m/cap and 5.2 million in cash,and hopefully now increasing. I’m hoping for a takeover.

Paul has stated that they are not coming in to takeover and run the company, only for a short period, but to reduce costs and perform a strategic review that involves both merger, trade sale, something I also believe the current board would be loath to do considering their to 2 executives cost the Company over 600,000 UKP a year

If the board thought this was a takeover target they would be dipping their hands into their pockets to buy shares. I reckon a few of these directors are worth £5m+.

we are hoping for a takeover bid at 3p