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EXCLUSIVE: Oil analyst Barney Gray discusses the latest from Tower, Coro, Colter, Reabold & United Watch Here

EXCLUSIVE: Oil analyst Barney Gray discusses the latest from Tower, Coro, Colter, Reabold & United
UPDATE: #COPL set timeline for Q2/Q3 Nigeria drilling programme


Altona Energy Share Chat (ANR)



Share Price: 16.50Bid: 0.00Ask: 0.00Change: 0.00 (0.00%)No Movement on Altona
Spread: 0.00Spread as %: 0.00%Open: 16.50High: 0.00Low: 0.00Yesterday’s Close: 16.50


Share Discussion for Altona Energy




View all ANR Messages

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Posts per page:

jono44
Posts: 125
Opinion:No Opinion
Price:62.50
RE: Mr Zhang and Mr Ma
9 Jan '19
Hopefully the resolutions will fail and Lyth's position would then be untenable and he would have to resign.
Failing to get two directors removed would send a clear message to his partners and hopefully they will follow suit, and leave the remaining bod to appoint a CEO who is capable of returning shareholder value.
This does have the look of an orchestrated move to hand control to certain individuals, which if transpires would be unlawful and should be fully investigated, so a dangerous game is being played and shareholders are the one's who are suffering
 
Piltick
Posts: 3,436
Opinion:No Opinion
Price:62.50
RE: Mr Zhang and Mr Ma
9 Jan '19
Also, I have a very strong feeling that they have no intention of seeking a Nomad and that they are steering us headlong towards de-listing. Sadly I've been there before on more than one occasion! I have no idea what they would have to gain by doing that, but it certainly seems to me that that is the route that we are going. And when they come with a daft excuse for not being able to get a Nomad, it all seems very fishy to me.
reggie72
Posts: 5,977
Opinion:No Opinion
Price:62.50
RE: Mr Zhang and Mr Ma
9 Jan '19
yes no reason but to take control and lead us down this path of decimation!. what was the point of the consolidation other than to screw the SP further and so it doesn't look quite so bad. Lets not forget what the SP would be without this completely ridiculous call from the board!!!!!!. 0.06p ffs and they want us to vote them in.
Sunlituplands
Posts: 213
Opinion:No Opinion
Price:62.50
Mr Zhang and Mr Ma
9 Jan '19
Pilitick, you're quite right, there has been no explanation as to why they want to remove Zhang and Ma. There were unfounded rumours put about by the Board that they could not get a new Nomad with Chinese directors on the Board. This does not stand up to scrutiny. What I have heard, however, is that no Nomad will touch ANR having done their due diligence on Zorbas and Hogan - the puppet masters in this scandal. Please see my post last Thursday 14.42. It sets out Zhang's admirable strategy to get us on our feet again.




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