Perhaps some more clarity on the 'bid' situation may emerge this week if reports that Dragon are asking Irish Takeover Panel to issue a 'put up or shut up' notice are true. If a bid around 600p is drawn out all well and good, if not, I am content to hold in the longer term for the value of the gas assets to be recognised and oil assets to be revalued.

http://www.hemscott.com/news/static/tfn/item.do?newsId=82811264521472

 

Devymaster

 

 

 

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