Venture Production Share Discussion Threads

[ludlow3] 24/8/2009 10:33

allover. and i am up 5300pounds on cna allready

[phillis] 24/8/2009 10:22

dead money

[phillis] 24/8/2009 10:01

Some toil Bom!

All over now.

Better to sell in the market and put the funds to work quickly

[ludlow3] 24/8/2009 09:57

have now got 47839 cna thank you vpc for the gift 4 cna for 1 vpc and divs and will double the share price

[cwa1] 24/8/2009 09:54

Looks like it's all over :-((

[bomfin] 24/8/2009 09:04

Is that all? Still toiling then.

[phillis] 24/8/2009 08:44

looks like CNA have hoovered up another million already

[bomfin] 24/8/2009 08:11

I wasn't out of the market! Only out of the country! and heading off again soon. But won't be selling VPC.

[phillis] 24/8/2009 08:09

.. but look at how much you have foregone by being out of the market for so many weeks

[bomfin] 24/8/2009 08:09

Currently also in Ithaca which is looking very strong with big cash balance and production relative to market cap. imho dyor

[bomfin] 24/8/2009 08:08

Will be quite a long time until I reinvest any proceeds! :-)

[lostit] 24/8/2009 08:01

I am still holding as well but will be following Bom on this one. If I do sell it will be to invest in Tullow next.

GL amigo's.

[phillis] 24/8/2009 07:49

In what will you invest the proceeds BOM?

[bomfin] 24/8/2009 07:16

Back from my hols!

Still holding. gl all.

[scatty] 23/8/2009 21:27

If/once 50% is reached, and offer is unconditional, can CNA then buy shares above the offer price at will?? From the Independent article above, "Centrica have extended the offer period until 14th September". If CNA buy shares tomorrow at 845p (not having mine!), what happens beyond the 50% acceptance level??

[phillis] 23/8/2009 16:55

CNA cannot pay more than 845p and shares that have been assented cannot be sold until that assent is withdrawn

[fatfin] 23/8/2009 16:37

If centrica, as cited in the times article, are going to try and buy shares in the open market tomorrow that should make them rise in value? Hang onto your shares and they will rise above the offer price. The if you were to sell anyway you will make more and centrica may end up buying shares that had been pledged and find they still do not get the 50%. I think there is more to play here yet.

Fatfin

[phillis] 23/8/2009 13:36

maybe the oil price will ride to the rescue?

[mitzis] 23/8/2009 07:40

They think its all over..

[hysteron] 22/8/2009 20:09

Salpara I think we will all have to wait a little longer before acknowledging that CNA have played a canny game. Personally I think they have handled it badly.

[fatfin] 22/8/2009 18:50

Bounty - Many thanks Fatfin

[salpara111] 22/8/2009 18:37

Not clear why everybody is still talking this one out, the city has spoken and for some time.
Look at how the VPC share price has performed over the last month....in exactly the same way as if there was an agreed takeover.
The hedgies apparently hold over 10% of VPC and there is absolutely no chance that they are going to hold onto the stock in the hope that they might get more 6 months down the line.
Hats off to CNA for playing a canny game.

[bountyhunter] 22/8/2009 16:37

Fatfin - IEC seem to have gone also so have shuffled things around there to fit HAWK in in alphabetical order