Results of Survey

The survey that asked what share price shareholders should settle for in the event of an actual bid for Emerald Energy has now closed.

The results are:

Price.....................Number of Votes...................%age
£7.50 or less......................6...............................3%
£7.50 to £10.....................35..............................19%
£10 to £12........................55.............................31%
£12 to £15........................30.............................16%
£15 or above.....................13...............................7%
Don't sell - too early.............38..............................21%

In total 177 votes, with a clear majority wanting over £10.00, and a significant minority suggesting that now is too early to sell - presumably because they can see too many value adding opportunities that are difficult to value at this time.