Doing DD research on Noble.....what's the deal with insiders selling prior to this split? Inquiring minds want to know? Not certain if I can get a better buy the day after the split, or double the shares at current prices...2:1
I like the company, and it's future. The Cyprus gas field has some major geo-political event to solve. Personally I think the EU will step up to the plate to secure gas rights to participating countries that pony up money to bail out Cyprus. Cyprus says long term gas revenue is off the table for bailout investment, Russia turned them down, but a majority of EU countries are getting choked by Russian gas contracts. Secure your gas future now for the EU, or continue to get choked by Russia's Gazprom. Politicians, world leaders say one thing.....but do differently in smoke filled backroom deals. I think Cyprus has no choice but to leverage their gas assets, now or in the short term future, making a deal with EU countries staging upfront bailout money in exchange for gas at cheaper prices for 20 years out.
Woah. Havent seen any posts here in ages. Welcome to the party everyone! Im a long time holder. Don't expexct a buyout (though its a great worst case scenario). This company is on the fast growth track. Get it in your retirement portfolio today.