Utilico Insights - Jacqueline Broers assesses why Vietnam could be the darling of Asia for investors. Watch the full video here.
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and a quick lesson in issuing shares for the kindergarten class:
Assume a small business has 10 shareholders and that each shareholder owns one share, or 10%, of the company. If investors receive voting rights for company decisions based on share ownership, then each one would have 10% control.
Suppose the company then issues 10 new shares and a single investor buys them all. There are now 20 total shares outstanding and the new investor owns 50% of the company. Meanwhile, each original investor now owns just 5% of the company—one share out of 20 outstanding—because their ownership has been diluted by the new shares.
hope this help you al
it actulky tell you in the rns that more share be issued. tell me that is not share dilution.
note well alrik and look see the words in rns saying issuance of a substantial number of new ordinary shares in San Leon
ps matin hughs will do anythink to make money in long term. dilution now to make monies for himself nex year is his plan he dont cared about you alrik and sam.
this cumpuny not far off private now anyway not many normal shareholds most hold by tosca. just traders in and out now.
i just asking thank for reply but i do reserch on rto thing like this and it said it happuns. look see for yourself.
This process can also lead to new shares being issued for the incoming private company. This leads to share dilution, which can decrease existing shareholders' ownership and value in the company.
That's how I see it both Alaric and redeyemines, so I dont understand how callasjunkie and afu doesnt or are these two against what san leon are undertaking for their shareholders.
Even without knowing any of the details of the proposed deal, just what we do know, shod make everyone's mouth water..
.. At present we have an indirect 10% stake in OML18,... After the deal is completed, we will have about 25%,,thats an increase of 150%.
...As long as any dilution is less than that... Then we are winning.
and a quick lesson in issuing shares for the kindergarten class: it's NOT dilutive if the value of assets acquired exceed the value of the shares issued. unlikely that our major shareholder Martin Hughes would be interested in an rto that diluted the value of his holding if you think about it. which you clearly haven't. pretty simple really.
more phoney hokey cokey today i see...
Funny how those with no investment in san leon energy know what the final outcome of this rto.
The shares would be issued to Midwestern, not MLPL, and Midwestern would become the majority shareholder.
Any transaction would involve San Leon acquiring the outstanding shares not already owned by San Leon from Midwestern Leon Petroleum Limited (MLPL), which it would pay for by issuing shares to MLPL to the extent that MLPL would end up as San Leon’s majority shareholder
Up 7% today at present..
Couldnt agree more red, sle is on a winner , the yesterday losers who continually try to knock management and strategy are history and extremely untruthful.
25% of OML 18
20 % (plus ?) of ELI
15-30% (plus???) of OZA
5% of Barry
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-who cares whether some two bit poster has bought or sold a few shares---or what some other poster might be trying to insinuate.
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-This picture is growing by the second.
Just so we're clear, this phoney is now suggesting that the company has purposely leaked a $1/2B transaction in order that the shares be suspended and it can - what exactly? - avoid the market's wrath over increasing its ownership of the most valuable piece of new infrastructure in the Niger Delta in years as well as its all-in share of OML18? Q.E.D. this poster is a bad actor who hides behind innuendo-laden commentary and other posters who are even worse than he is......
Afame - yes seems we're thinking the same thing, all in all, a rather convenient way to put the share price on hold what with interim financial statements due out and Eli Akaso hook up still scheduled for the second half of 2021?
'....wonder how Tosca and the market are going to react to all that....?' You are of course exactly right, Al. This deal, as complicated as it might turn out to be, had 3 or 4 parties at the table at all times, and one of them will have ALWAYS been Martin Hughes and Tosca. And this is an absolutely perfect example of what I referenced not an hour or 2 ago about just how dangerous posters like BS can be. The snarky, open-ended implication of back room dealing - or worse - combined with the obscure 'inside baseball'-style references clearly meant to impute expertise where there is none. For why, you ask, since he clearly is not a traditional trolly type. I honestly don't know, but just because a motive is not immediately apparent does not mean that legitimate shareholders should not treat his particularly vague commentary with caution.
dont hold breath crispy. last time shares suspended for months and months and months no shareholder could get any of monies out. then the red lion announce that merger not happen.
the red lion always full of promis but most follow by dissupointment. but this cause up and down price and is great for profeshunal tradurs. this take me a year or two to cotton on.
now im in the monies. lol
Looking forward to the outcome of the rto. Hopefully we will get a nice jump in the share price at some point soonish.
Gla
'wonder how Tosca and the market are going to react to all that?'
even by the low standards you set yourself, BS, that is a remarkably dumb question. do you really think for one moment this negotiation could have been initiated without his full support and blessing?
close Racoman. close
PLUS-SLE will increase it's stake in ELI even further than today's announcement of 15%-----20% maybe ??--------------It's all just a tremendous cash cow.
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-Income and Divi's would be guaranteed forever.-----------and the SP will reflect it's new found income yield status.
Think they will be pleased as punch--------SLE will finish up with an indirect holding of about 25% in OML18
Midwestern would become the majority shareholder of San Leon - all based on the issuance of new shares to Midwestern in payment for San Leon acquiring MLPL - wonder how Tosca and the market are going to react to all that?
San Leon and Midwestern are in discussions for the Company to acquire the remaining 60% equity interest in MLPL from Midwestern. The consideration for this, and other matters, would be satisfied by the issuance of a substantial number of new ordinary shares in San Leon to Midwestern, such that Midwestern would become the majority shareholder of San Leon.
infurmation is there for evryone. it called histury of the red lion.
San Leon, the AIM listed company focused on oil and gas development and appraisal in Africa and Europe, received an indicative proposal from Midwestern Oil and Gas ("Midwestern") on 11 September 2017 for San Leon to acquire Midwestern's shares in Midwestern Leon Petroleum Limited ("MLPL"). Such an acquisition could have constituted a reverse takeover under AIM Rules for Companies (the "AIM Rules") and accordingly, following press speculation on 03 November 2017 concerning these discussions, the Company's ordinary shares ("Shares") were suspended from trading.