VOG 2005 New Thread

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kdwilson - Thu, 22 Dec 05 :

This is exactly why it is very risky going short of VOG! Management had the option to buy before the bullish findings so taking out the remaining stake at a snip looks like the steal of the century. If brokers valued VOG at 300p (fully risked as opposed to 500p stand alone), the upping its stake by 25% in the field that can contain 0.5tn cubic feet, if not a whole lot more, will lead to new price upgrades by brokers. If the market was valuing VOG at 30p for every 100p of value (100p price with fair value at 300p) then today's announcement should be worth 25p! THIS SHOULD NOW TRADE AT 120P AT LEAST. Watch the shorters scramble today!


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