NZ Oil & Gas (NZO)

**Lion** · 11-09-2007, 06:04 PM

Originally Posted by STRAT

Hi Fellas just out......

(NZOG announcement)

Ahem . . . see my post of 3 hours ago!

"Timing is everything" ??

**Balance** · 11-09-2007, 09:03 PM

Originally Posted by dsurf

Quote:
Originally Posted by dsurf
Why don't NZO release the following type announcement.

"We are making a lot of money. We know that PRC is seriously undervalued. We are going to increase our stake by buying on market up to 5% of PRC."

The PRC price would have to increase given only 128K on the offer & then the NZO price would follow & then the ood's would too

Quote by MacDunk
I really dont want to disillussion you but if they did that, then bastards like me would buy up big then sell back to the blue eyed brigade. The truth is nobody knows the value of PRC until the numbers come out. The traders would take you to the cleaners mate. MACDUNK

Er no, as always - please float back down to earth - NZO are announcing then bastards like you would buy up big - then you can hold the parcel til NZO start buying at thier leisure.

I am not involved - just pointing out that it would send a positive message by NZO for pee all $

You could not have got your assumptions more wrong.

NZO would come across as the biggest idiot of all times as NZO cannot just buy 5%.

Under the takeover code, NZO would need to buy up to at least 50% and launch a formal bid.

There will be plenty of disappointed PRC shareholders very happy to sell out to NZO at $1.15.

Watch NZO share price drop like a lead balloon.

**shasta** · 11-09-2007, 09:19 PM

Balance

I'll ask you again, as you have a tendency to come on "knock a poster" spread your poison & run...

Are you holding any NZO/NZOOD/PRC?

**Balance** · 11-09-2007, 09:33 PM

Originally Posted by shasta

Balance

I'll ask you again, as you have a tendency to come on "knock a poster" spread your poison & run...

Are you holding any NZO/NZOOD/PRC?

Correcting someone who is so wrong with his/her assumptions is 'knock a poster' ? More like stopping him/her from serious misjudgements and errors, don't you agree?

I like reading this thread - it's a study in human behaviour and if I can point out the errors of the ways of some of the postings, I am happy to help out.

**shasta** · 11-09-2007, 09:43 PM

Originally Posted by Balance

Correcting someone who is so wrong with his/her assumptions is 'knock a poster' ? More like stopping him/her from serious misjudgements and errors, don't you agree?

I like reading this thread - it's a study in human behaviour and if I can point out the errors of the ways of some of the postings, I am happy to help out.

What so you're above any criticism yourself?

Who made you the authority on NZO, that you can point out errors?

You asked for a valuation a few pages back, i gave you one, no comment, why?

I don't see any disclosure anywhere from you, why?

You show up only to highlight bad news, & put your spin on it, why?

Try using some "balance' like your username suggests...

Do Sharebroker/Minder/Haka/Icehot/Sniper mean anything to you?

If you want ANY credibility on this thread, try answering some questions.

We all know the risks involved when investing in O&G companies, as well as coal companies, its the risk v reward we are after.

**boysy** · 11-09-2007, 09:51 PM

well said shasta balance put you money where your mouth and explain to us your superior investments ?

**bermuda** · 11-09-2007, 10:21 PM

Well I am still awaiting as to why Balance wants to send the first shipment of coking coal from Taranaki to Newcastle.

Sometimes a little knowledge is a dangerous thing.

Cmon Balance tell me it was a slip of the tongue. I mean we can have our fun on this thread but when it comes to facts let's get it right. yeah Right.

I am off for a month so all the best to all.Including you Balance.