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San Leon Share Chat (SLE)



Share Price: 34.4146Bid: 34.75Ask: 35.00Change: 0.00 (0.00%)No Movement on San Leon
Spread: 0.25Spread as %: 0.72%Open: 34.4146High: 0.00Low: 0.00Yesterday’s Close: 34.4146


Share Discussion for San Leon


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GPback
Posts: 4,003
Off Topic
Opinion:No Opinion
Price:34.4146
RE: This is well worth listening to
30 Jul '17
Well I'll accept the considerably lower (NOT) 67p. That is their price range lol. You couldn't make this up and laugh any louder.
 
RichinMinerals
Posts: 277
Off Topic
Opinion:No Opinion
Price:34.4146
RE: This is well worth listening to
30 Jul '17
I just thought, maybe the Chinese are going to take the advice from the non vested from the LSE BB as gospel and take their word that the books are dubious LOL.

Dear oh dear, things really are getting desperate for the position defenders on here, what will they do if the bidding exceeds 110p lol

Interesting times ahead, for the vested at least, worrying times for the defenders lol.

All in all, a big LOL and more LOLs

Regards

LOL
Brotherseven
Posts: 668
Off Topic
Opinion:No Opinion
Price:34.4146
RE: This is well worth listening to
30 Jul '17
Only problem is they won't be paying anything like .76p,more likely considerably lower ,after all assuming they have completed the DD and have had a closer look at the books and not forgetting the esteemed auditors are unable/unwilling to sign off ,doubling your investment is not likely.GL
GPback
Posts: 4,003
Off Topic
Opinion:No Opinion
Price:34.4146
RE: This is well worth listening to
30 Jul '17
Lol. 76p Chinese takeaway with other parties/offerers sounds very very lucrative to me. Can't wait to double my holding, if I can get it under 70p that is.
Brotherseven
Posts: 668
Off Topic
Opinion:No Opinion
Price:34.4146
RE: This is well worth listening to
30 Jul '17
There is a distinct possibility that SLE won't be paid any monies due by the nefarious NNPC thus I expect a Chinese takeaway at bargain basement prices heavily influenced by and discounted on this basis not that fanny will be disappointed in the least ,not sure where TF sits on the situation though one would assume that they will dictate the outcome in the near term,that said it's difficult to believe anything positive/outcome for small shareholders or LTHs most of whom have been royally shafted over Sle 's 7 y history .Time was when it was all about Turkey and Alpay before that Poland and the ROW and the end result has always been the same.GL to the 'vested'
stephen54321
Posts: 421
Off Topic
Opinion:No Opinion
Price:34.4146
RE: This is well worth listening to
30 Jul '17
for starters dan leon have not decided that they are going to issue dividens, they have only said , thats 1 of the options, the company could choose to purchase shares back instead of paying out dividens... secondly, with no payments being paid to san leon, dividens would ever happen untill the payments have been made. And this could take years by the look of it. So by then we will probably have to sell more shares to raise funds to keep the company going, which means if the company do choose to pay dividens, they wont be much per share...... so everything you like about the company, all depends on if we get paid or not.... im hoping for a buy out tbh ill take £1 per share but thats optimistic. Once san leon get paid, that would put san leon in a better possition to negotiate a good price... but everything depends on payments being made to san leon.... because as of yet , we have no income.
DojiStar
Posts: 146
Off Topic
Opinion:No Opinion
Price:34.4146
RE: RE: Slow boat from China
30 Jul '17
yeah, I know what your saying, but I don't think they have to give a new start date if someone else makes an offer. The two are unlikely to be linked imo, but the odd term "a party to the Offeror", does leave it open to interpretation.

All I would say is that the China great announcement looks far more serious than anything previously announced. China great named as the offeror, non-disclosure agreement signed, retaining GMP Securities (Firstenergy), 45 day time line.

Whether that means there will be an offer or not who knows. Not long to wait to find out either way.
RichinMinerals
Posts: 277
Off Topic
Opinion:No Opinion
Price:34.4146
This is well worth listening to
30 Jul '17
https://www.youtube.com/watch?v=0JOn0dWRVnQ&ab_channel=THEOIL&GASYEAR

I love the thought of a 17% dividend, somehow 76p isn't going to cut it with Tosca, come to think it I would rather keep my shares and reap the Dividend for the next 5 years, plus by then the share price will nom doubt be multiples anyhow.

Its triple digits now or keeping my shares.

Regards

Richi
Callasjunkie
Posts: 278
Off Topic
Opinion:No Opinion
Price:34.4146
RE: RE: Slow boat from China
30 Jul '17
Doji, I would be the first to agree that the Takeover Panel's data could be sloppy but for the time being it's the official record.
First, the SLE RNS of the 19 December stated that Geron Energy were not the Principal but acting on behalf of the Offeror. The Offeror was not disclosed.
Second, when China Great was disclosed by RNS as the potential bidder, the Panel did not alter the original date (19 December) applying and now naming Great China as the Offeror.
Third, if Geron was acting on behalf of a different party altogether, why did SLE not notify by RNS that the interest had lapsed?
Fourth, if Great China was an entirely new interest, why did the Takeover Panel not record an entirely new date in its notification listing for that separate approach?

As you imply, the Panel's information may not be correct. If you are right in your interpretation, I'd say its at least misleading and and at worst virtually worthless....but we cant be sure of that, it still remains the official record.
quelfromage1
Posts: 381
Off Topic
Opinion:No Opinion
Price:34.4146
RE: RE: Slow boat from China
29 Jul '17
Yes makes sense




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