Hope we have more long term investors buying in and hold the shares ....than the price will increase tremendously. Right now the volume is due to short term profit takers.

As long as oil price is above usd26, Reach will be operating at profit. Long term investors should not worry - hold on to your shares. You will reap the fruit soon. Don't listen to sly foxes.

Maybe the 7.3m q has decided to be a long term investors!! :)

...which equates to almost USD3 bil revenue, at today's oil price! Surely the true value of the company shares is much more than TP issued by research houses this far!!

Well said Rowie!! Those jokers are full of BS!! No basis to support whatever BS they write here and they expect us to believe everything they write. Very disrespectful towards others in this forum.

On the bright side, USD up is good for Reach as the oil revenue is in USD.

Can anyone confirm the cut-off date for share purchase, in order to qualify to vote in the next round?

There's so much information and speculation on who will vote in which way....which seem more like "mind games" at play. As a serious investors, one should make his/her decision based on facts presented in the circular or other reliable information. Vote "Yes/No" if you think the asset is good or otherwise. It would be so much more beneficial to all in this forum, if one were to present facts/information on how good or bad the proposed QA is, instead of speculating on who votes which way, merely for short term gain. Nevertheless, everyone have the right to say what they want, as long as it is factual.

It doesn't matter now if the share price is pushed above 75sen. MTD knew the future potential/IRIR in REACH and they wouldn't want the QA to fail. This is probably why they purchased the 118mil shares from PAG directly, to get rid of PAG. All PAG wanted was the 76sen, and they have it now. The biggest yield investor is out of the way - thanks to MTC!!....now for the "YES" vote!!