Adam I don't know what magna are doing, and I suspect neither do you or anyone else at this moment in time. All I am saying is there does not seem to be any selling of shares by any of the major shareholders. That is just my own opinion. Also just a point to you, this board is for people to discuss oex, if someone happens to disagree with you or have a different opinion to you, then don't you think threatening to filter them every 5 minutes is a bit childish.
This may take a bit of getting, but its so flaming great to hear somebody agree after all my research that the old bud network is at work here. Where you went from there about going forward together and deals worked moons ago. What are the best and worse possibilities of this. I have researched the worst and pasted some facts within the rules from legislative docs regarding my worst fears. so rather than clog this post, I will run it by you in the next, but will close this one that I actually talk to a couple of guys in the city circles who have been their for a long time. On first talk of goings on (not oilex) I got oh we here conspiracy theory all the time and we are regulated. Now they may be squeaky clean but no longer do we have the conspiracy theory carp. My main chat is with a broker who is an x mm, I'll continue in the next post as I have discussed the detailed rules my worst fears and ran it all by him.
how do you know what magna are doing, true it would be notified if their holding reduced by 1% or more, but 1% of what they have they can drive it down drive it down with a vengeance, mms will have no option but to follow, then they can place a delayed trade at low to buy back If its a biggy buy back that comes delayed or even after hours they basically can almost control their buy price within the spread. Never mind how many options have been purchased by them too to play in. Now rather than listen to the same trashing of my fears due to researched facts, I will state that I do not have a clue if that is being done. But with all the bud network it looks that way to me, Bring on the girly insulters as I wish to have a discussion with Chas over the facts of this matter if he's around and that bin is well used trust me guys use it.
I know you both have good intentions regarding contacting the managing director. However he is not in a position to give out any information regarded as price sensitive. As gubster just pointed out these things take time, and I for one am relaxed about the situation especially as magna or any other large shareholder do not appear to be selling. It is my understanding that every RNS costs £ 3000 to submit, so perhaps he feels it appropriate to wait for the flow results and put everything out at once. Good luck.
Where's he been then. India to check on Ops. All fine. Quick chat with the Govt. Then where's he been. Oh I know , nip over to China to put some finishing touches to a Farm in deal for Canning. You can't beat a good rumour :)
Do you really think he will tell you ? I have my doubts, personally, but anything is worth a try I guess. It has been quite a while now, so if something has gone amiss, it must be major. Hope not, maybe CEO is not that pro-active when it comes to news. He does come across as a bit subdued. Having said that, probably a stonking RNS in the morning now ! GL
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