UK 12:24 Wednesday, 11 November 2026
Breaking news and expert analysis on fast-moving AIM and LSE listed shares
Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from ShareProphets). I have no business relationship with any company whose stock is mentioned in this article.
Today’s announcement of Ophir’s bid for Salamander Energy (SMDR) comes with a price tag (115.9p a share) which is less than one hoped for however given the curse which is upon this company at present and the new 30% collapse in oil prices post my original tip (HERE) I believe this is the best outcome possible. The ofer is 2% ahead of my original tip, no disaster but this is clearly a disappointment.
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