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Thursday, January 27, 2011

FT Alphaville Xcite bid rumour

http://ftalphaville.ft.com/blog/2011/01/27/471731/markets-live/

Xcite Energy Ltd (XEL:LSE): Last: 364.27, up 10.77 (+3.05%), High: 366.13, Low: 356.50, Volume: 485.62k
NH
bid rumours
NH
and also talk the test results are much better than expected

Probably complete garbage and with only 715,000 shares traded the market seems to agree.

1 comment:

  1. They are only ever rumours, but it gives people a bit of psychological buzz to think they MIGHT be true, or have some truth. There was a rumour a few weeks back Statoil were willing to pay £7.45. That's way too low. I hope that was only rumour! £10+ preferably nearer £15 is what I would hope for somewhere down the line. Anything over that would be fantastic.

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