Register
Login:
Share:
Email Facebook Twitter

Michael Masterman talks on WRES potential & Tungsten market Watch here

Michael Masterman talks on WRES potential & Tungsten market


San Leon Share Chat (SLE)



Share Price: 55.25Bid: 55.25Ask: 56.00Change: 0.00 (0.00%)No Movement on San Leon
Spread: 0.75Spread as %: 1.36%Open: 54.00High: 55.75Low: 54.00Yesterday’s Close: 55.25


Share Discussion for San Leon


Thread View

Please login or register to post a message on Share Chat.

Posts per page:


BlackSwan
Posts: 468
Observation
Opinion:Buy
Price:55.75
RE: San Leon Directors
7 Mar '17
Brotherseven = it was my understanding Shell haven't walked away from Nigeria and that Shell buy our product off Eroton currently at a guaranteed price - Shell have wisely backed away from the oil front line so democratising the product for Nigerian national the ownership of the fields - I particularly liked the newly created Eroton subsidiary with increase field outputs tied to local share ownership - good move.
 
Brotherseven
Posts: 501
Off Topic
Opinion:No Opinion
Price:55.75
View Thread (2)
RE: San Leon Directors
7 Mar '17
Not sure,but T will get what they want ultimately however Nigeria may not materialise as they anticipate simply because it's Nigeria,and Shell have walked here just as Exxon exited Poland obviously our esteemed CEO has a different assessment of potential than proven industry leaders.The writing was always on the wall when T joined the Sle carousel.Time will tell but I expect T will have 100pc within the year .GL
cadell
Posts: 23
Off Topic
Opinion:No Opinion
Price:55.75
San Leon Directors
7 Mar '17
Seems to me that Fanning and Co are holding hands under the table with Tosca. Tosca still need more shares and want the SP to stay low. By giving no news whatsoever, the price will always tend to drift lower.
However, am I correct in assuming that in any squeeze out, the price offered to PI's cannot be lower than that paid by Tosca?
honestsid
Posts: 1,552
Observation
Opinion:No Opinion
Price:55.75
RE: Re: Squeeze out
7 Mar '17
Chinese may have walked long ago. All they had to do for due diligence is Google Oisin Fanning Sunday Times.

That may have put them off at a very early stage. Further research would have uncovered more stuff that may have scared them away.

We will only find out in time, same as previouly when all the hype about an offer came to zilch, as usual with SLE!

All in my humble opinion. Please do your own research, as the Chinese probably have done.
Brotherseven
Posts: 501
Off Topic
Opinion:No Opinion
Price:55.75
RE: Re: Squeeze out
7 Mar '17
One would have expected some news by now assuming that there was an interested party and one would expect a DD to have been finalised or thereabouts ?GL
quelfromage1
Posts: 315
Off Topic
Opinion:No Opinion
Price:55.75
Re: Squeeze out
7 Mar '17
barnaby

I also wouldn't be surprised if there iisn't formal confirmation that the Chineese have walked but from your following remarks I think you meant
"I wouldn't be surprised if there is formal confirmation that the Chinese have walked"
barnaby67
Posts: 917
Off Topic
Opinion:No Opinion
Price:56.00
View Thread (2)
RE: Squeeze out
6 Mar '17
I wouldn't be surprised if there iisn't formal confirmation that the Chineese have walked, which will trigger a fall and opportunity for some more heading to the door and buying from TF. I have no doubt that TF want to take this private and squeeze out II's that have held thinking they will be part of a good multibag. It may well be worth a lot more than current valuation but I have little doubt that anyone other than TF and their mates will eventually share some of that enhanced valuation. TF will sell through a bid process eventually but that will be once it's out of sight of current holders and AIm read.
Brotherseven
Posts: 501
Off Topic
Opinion:No Opinion
Price:56.00
RE: Squeeze out
6 Mar '17
I would tend to agree under normal circumstances but given the players I remain sceptical,firstly TFund is a highly active vulture hedge fund ,just look at the various short positions held on a number of listed companies that ,coincidentally for want of a better word ,are stressed.Additionally I suspect that the supposed Chinese investors have done a DD and have walked away from the deal and a shift south in SP will support my theory not that I could be bothered anymore with Sle antics,as someone has pointed out there are better places to deploy funds on AIM than remain as fodder for greedy hedge funds,all IMHO.Gl
quelfromage1
Posts: 315
Off Topic
Opinion:No Opinion
Price:56.00
Squeeze out
6 Mar '17
Well unless several of major holders get together this is unlikely - to do it on their own Tosca will have significantly increase their buying rate to get anywhere near 80%.
Brotherseven
Posts: 501
Off Topic
Opinion:No Opinion
Price:56.00
RE: The CEO
6 Mar '17
you refer to the great deal maker no doubt.lol




Share Price, Share Chat, Stock Market news at lse.co.uk
FREE Member Services
- Setup a personalised Watchlist and Virtual Portfolio.
- Gain access to LIVE real-time Regulatory News (RNS).
- View more Trades, Directors' Deals, and Broker Ratings.
Share Price, Share Chat, Stock Market news at lse.co.uk






Datafeed and UK data supplied by NBTrader and Digital Look. While London South East do their best to maintain the high quality of the information displayed on this site,
we cannot be held responsible for any loss due to incorrect information found here. All information is provided free of charge, 'as-is', and you use it at your own risk.
The contents of all 'Chat' messages should not be construed as advice and represent the opinions of the authors, not those of London South East Limited, or its affiliates.
London South East does not authorise or approve this content, and reserves the right to remove items at its discretion.