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San Leon Share Chat (SLE)



Share Price: 29.125Bid: 28.00Ask: 29.75Change: 0.00 (0.00%)No Movement on San Leon
Spread: 1.75Spread as %: 6.25%Open: 29.125High: 0.00Low: 0.00Yesterday’s Close: 29.125


Share Discussion for San Leon


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Callasjunkie
Posts: 139
Off Topic
Opinion:No Opinion
Price:29.125
RE: So boring!!!!
26 Apr '16
Infapound, I can fully understand that onlookers find this sparring boring, if not irritating. In my defence, my highlighting of a verifiable fact was dismissively contradicted by Smithy, even though I was using published SLE information.
To quote Kipling, I'm sure that you wouldnt like "the truth you've spoken twisted by knaves to set a trap for fools".
As I replied to Stephen, the level of remuneration IS an important issue. It led the Sunday Times to write an article in autumn 2014 ridiculing the SLE's management for their remuneration policy....and that publicity cannot be good for shareholders.
 
haifwit
Posts: 3,282
Answer
Opinion:Strong Buy
Price:29.125
infa
26 Apr '16
Answer honestsid but found out to be the oposit

Just more negative sentiment by the short sellers in a desperate atempt to lower the sp on open so they can try and get out very very obvious who said posters are
Infapound
Posts: 239
Observation
Opinion:Hold
Price:29.125
So boring!!!!
26 Apr '16
Callas
Go to an AGM and complain then. We don't get to vote on directors remuneration.
This is the AIM and this is an Oilie - it's on castor wheels!!
Hope you have a decent and well balanced portfolio??

GLA
Callasjunkie
Posts: 139
Off Topic
Opinion:No Opinion
Price:29.125
RE: I
26 Apr '16
I think that its an important issue when the Exec Chairman is paid €5.6m in the 5 years to 2014, when viewed against a market capitalisation of just €23m on suspension. If you dont think so, AIM is just the place for you.

And by the way, it's the shareholders' company, not OF's private property.
stephen54321
Posts: 347
Off Topic
Opinion:No Opinion
Price:29.125
RE: I
26 Apr '16
if your so sure of your findings and are confident in your research and know you are correct... why are you arguing about who's right and who's wrong ? its his company and he can pay himself what he wants... i have noticed there is a different agenda most weeks by different posters....funny old BB this place is lol..... just wait for a news update on our progress.
Infapound
Posts: 239
Off Topic
Opinion:No Opinion
Price:29.125
RE: RE:1
26 Apr '16
Sid who?!?!??
Callasjunkie
Posts: 139
Off Topic
Opinion:No Opinion
Price:29.125
RE: I
26 Apr '16
OF's remuneration per the audited 2014 Annual Report was €1.415 m. plus €50k fees.

Smithy, simple YES or NO?
.
haifwit
Posts: 3,282
Answer
Opinion:Strong Buy
Price:29.125
RE:1
26 Apr '16
Answer Sid

Some very desperate posting
smithy91
Posts: 249
Off Topic
Opinion:No Opinion
Price:29.125
I
26 Apr '16
believe it was 24th Nov 14.sorry!
smithy91
Posts: 249
Off Topic
Opinion:No Opinion
Price:29.125
I
26 Apr '16
still think you should call OF himself sunbeam, Im sure you would shed some light on your mistake!

from 2015 egm.

In addition to the above share options, at the AGM of San Leon on 26 September 2014 the
shareholders by ordinary resolution authorised the Board of Directors of San Leon to allot
Existing Ordinary Shares to Oisin Fanning a Director of the Company in lieu of the payment
to him of up to 80 per cent. of his basic salary payable in the year ended 31 December 2015
(the “Relevant Shares”). The number of the Relevant Shares will be determined according to
the closing price of such shares on AIM two business days prior to the date of allotment or
the nominal value (whichever is higher). The ordinary resolution of the shareholders
authorised the Board to allot the Relevant Shares to Mr. Fanning quarterly in arrears
beginning on 1 April 2015. No Relevant Shares have been allotted to Mr. Fanning.

and from the 2015 interims.

Cost reduction remains a priority for the Company and its Board. With effect from 1 January 2015, Oisin Fanning, Executive Chairman, has drawn only 20% of his salary in cash with the balance accruing in San Leon shares.

and what OF stated in aug 2014 ish!

http://www.*************.com/views/9292/video-of-san-leon-energy-presentation-at-*************-seminar-24th-november

OF states at this presentation his basic package at present is £160k and when sp hits 4.2/5p he gets £182k extra in stock totalling £342k. or £160k pa wage + £182K pa in shares when sp hits £4/£5 a share!. If sp goes back under £4/£5 the shares stop.

So for more clarification ring him! but something tells me you wont!




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