does anyone know why ramco has all of a sudden taken off today ....i cant find any news out but all of a sudden up nearly 11

It hurts me to say but i bought in at 97p 10.000.000 of the b..... things but i have writen them off to my stupidity.so like you say time will tell

"Oil & Gas Exploration & Production EAD-Pleven (EPIC GAZ on the bulgarian stock exchange) - are the company interested in buying out Ramco - so say the rumours that are going round at the moment",

From jellyjerks on iii

Thanks SWW
Nam

A bit quick with the 0 10.000

Mojo
Yes, I was really concerned about your judgement there for a moment. Still, 10k@97p when you saw it plunge to low 20's must have been rather sickening.(Cliche falling knife etc). Keep the faith. Good luck.
Nam

Yes i bought mid march 04 went on holiday to America for three weeks at the end of march and the rest is history but as they say shares go down as well as up now befor i go on holiday i tend to sell what i have

Mojo
At least it will be a substantial uplift from the trough. Have a good time on hols.
Nam

Edited out.

Hi Nam that was last year i wen to america and the Ar.. fell out of ramco but thanks for your thoughts anyway not going away untill later on this year

Thanks again SWW
Mojo misunderstood post 87. (Putative Alzheimer's/vCJD candidate that I am).SWW post above does not bode well. Refusing to open books v.bad.
Nam

If that is true, I did say not validated.

In fact I am going to remove it as it may not be helpful at all.

After that I have to give up the keys again today.

Bah.

SWW - understood. English is my first language. :>)
Nam

Yep I know nam, I just feel that post may be a red herring.

SWW Appreciated.
Nam

Ramco bidders get legal warning
Robert Ballantyne


RAMCO ENERGY, the Aberdeen-based oil explorer headed by Steve Remp, has been warned by the Texas-based Anglo-Dutch that it intends to pursue its claim for $16m damages and costs awarded in an American legal case, and that any buyer for Ramco should be aware of the claim.
The warning followed Ramcos announcement to the stock market that it had received an approach and talks were continuing that could lead to an offer for the whole company. Ramcos shares which had fallen from highs of 400p last year after drilling problems in its offshore Irish gas fields doubled to 56p during the week before closing at 47p on Friday.

Analysts are sceptical about the mystery bidder and question why the share price should rise when it was more likely that any offer would be at a discount. Confirmation that the Texans will pursue their legal claim is likely to further damage the share price.

The legal action dates from 2003, when Ramco and its partner Halliburton were found to be in breach of confidentiality contracts.
http://www.timesonline.co.uk/article/0,,2095-1502195,00.html

Today's results went down well!

I particularly liked the pick up around 4pm. The offer price rising to 41p suggests shortage of stock IMO.

I'm hoping for a liitle more upward improvement tomorrow.

Nice to be back where I started with this one!


Fly by Night

Red

I am about where i started from now. Any thoughts on how far it will go ?Should i break even and run or go for the ride I thought that the money was gone so not to bothered, But its nice to see it move up Anyway whats your thoughts

the trend is upwardly mobile from now on. looking for 1.00p by year end and from there on who knows depending on the succesful sale of 7 heads and further drilling in good old monte.

Stick with it .... our time has come !!!

Thanks for that Well we have waited long enough and you know what the old saying is Everything comes to thoe's who wait and we have waited Take care