Regal Petroleum says is in early-stage offer talks

LONDON (AFX) - Regal Petroleum PLC said it is currently in very early stage discussions which may or may not lead to an offer being made for the company.

share has potential for high short term gain, however high risk share as well.

Your views appreciated cynic has it bottomed out ..it rose sharply today before falling back .. will the bidder return to talks.



my view is it is a buy.

Looks like the latest rns has caused panic and sell off overdone IMHO......should bounce from here and be over a quid in the morning....