They had 16 million cash and market cap is only 25 million.
While Statoil is planning to spend 210 million for 65% of that 25! So the professional and expert Statoil values this company 10 to 20 times higher as the market who is indeed always wrong!
The same with Total investing in Central.
Somebody is buying and will make a bundle buying up al these shares for nothing.
Any day now a PR could come out about how much oil/gas from Owen.