Laura LauDaylight Energy LtdDAY.TOCOMMENTApr 05, 2010
Acquiring West Energy (WTL-T). Doesn't think there will be much arbitrage because you can either buy cash and shares or all shares and it looks like everyone will want cash and there is only so much cash available.
(Top Pick Jan 27/11, Up 7.62%) was taken out by a Chinese company. Didn’t predict it but clearly it was the smallest of the group. There will be more of a trend of this happening.
Being acquired by Sinopec International. He has tendered his holdings. When is a bid on the table and not likely to have counter bid, take the money and run.
Stock shot up when Sinopec Int made an offer to purchase at $10.08. If you own, he would suggest you take your money and run. There are still some regulatory hurdles.