Yes, I see $1.70 and 2+ million shares traded.
Has to be some type of news coming out very soon.
It is not the rising price of oil.
I agree. Big volume and spike in price. Somebody knows something. Can't be Gabon as they have said nothing about selling that asset.
if you look at option pricing, they all expect volatility
just don't know which way, either up big or down big is expected based on option pricing
ended up with over 52K shares traded, you have to wonder where the sellers are coming from or why they are selling now and not all of last year
35K+ shares traded today, not much yesterday, but the day before was 40K+.
Has there been a mention in a newsletter or by some advisor?
Maybe news out on the lawsuit?
looks like we did not get that year end miracle.
Maybe HNR splits into 2 companies and +petrol buys the shares of company that holds venezuela, then they still control Gabon.
looks like 4 days till memorandum on buyout expires.
No more extensions.
Will we get that approval?
. If it expires, what is the next step? Does a buyout for entire company happen instead?
Or is it just dropped because of falling oil prices?
Per latest press release, both parties are still interested in what is remaining.
However, one of them offered $300 million for entire company, so I doubt they will be really making a competitive offer for Big Star and Northern Star.
The second party made an offer for entire company. We don't know how much that was for. Yes, they are also still interested.