Rockrose Energy Takeover Rumours (RRE)

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Rockrose Energy Takeover Forum Posts

16-01-2019
Ordinarily I would jump at a 60%+ premium takeover, however not here. In all my years of investing I haven’t seen such a grossly undervalued share. I keep having to ask myself “what am I missing?” which I’m not yet able to answer...
25-10-2018
Yes could be worried about a lowball takeover plus Andrew Austin owns 23% so keen to protect his investment. He’s holding currently worth circa. £20m but he clearly believe we should be multiples higher so he’s very incentivised for a higher SP. With regards to production i believe it’s only 17000 when Aaran field comes online which is 2020-2021
Could they be worried about a takeover bid if the share price is so low? RRE are well undervalued based on some other oil companies.
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