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IS IT A TAKE OVER TARGET????? (NMT)     

SUJEEVANN - 23 Feb 2004 20:19

This penny share had a roller coaster ride since it was founded in 1997.Even though its business is good BUT the management was totally crap who has no idea how to make gold dust to a gold bar.This business has a lot potential such as mediwatch,medisys,maelor and surgical innovation.They are very good at draining the company's wealth.At present they have nearly 13.5 million in cash (would be around 10 million after reduncy payments due to factory closed recently).I think it is going to be either taken over or merge with small tiddler like surgical innovation.How my prediction was turned out to be true as far as FORTUNE OIL is concerned.Hopefully it will also turn out to be a BIG WINNER.Good luck everyone*********

bharathi_raj - 17 Sep 2004 13:59 - 6 of 6

I for one at this price am willing to hand on - bought at 5p so even a take over at a 100% premium is a dead loss!!!!!!!!!!!!
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