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Max Petrol Share Chat (MXP)



Share Price: 1.085Bid: 1.07Ask: 1.10Change: 0.00 (0.00%)No Movement on Max Petrol
Spread: 0.03Spread as %: 2.80%Open: 1.07High: 1.085Low: 1.07Yesterday’s Close: 1.085


Share Discussion for Max Petrol (MXP)


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novicesharedeal
Posts: 11
Off Topic
Opinion:No Opinion
Price:1.09
Deal
13 Nov '14
Thanks for that, on that basis a purchase at these levels and anything sub 1.64 would generate profit - I always question anything that is too good to be true?
 
gekko01
Posts: 1,125
Off Topic
Opinion:Strong Buy
Price:1.15
View Thread (2)
RE: Deal
13 Nov '14
They only need a majority of share holders to approve the deal. With the current offer being above current share price i think the majority will no doubt vote in favour of the deal. But you never know there could be other offers for the company from other companies. So could get better offers.
novicesharedeal
Posts: 11
Off Topic
Opinion:No Opinion
Price:1.07
View Thread (2)
Deal
13 Nov '14
Please could some one explain what must happen in order for the 1.64 deal to go through?
gekko01
Posts: 1,125
Off Topic
Opinion:Strong Buy
Price:1.07
View Thread (2)
RE: So why
13 Nov '14
The problem with this company has been management. Now that they are being bought by AGR they will be better run. Offer price is still well above current level,so still a profit to be had.
catfish
Posts: 1,350
Off Topic
Opinion:No Opinion
Price:1.07
View Thread (2)
So why
13 Nov '14
didn't AGR just wait until this crock of ****e fell to half a penny and mop them up then on a gradual basis?
sharepriced
Posts: 9
Off Topic
Opinion:Strong Buy
Price:1.07
december
12 Nov '14
Between 20p - 50p end of december!
strider64
Posts: 265
Off Topic
Opinion:No Opinion
Price:1.05
Be Cautious this is Max
12 Nov '14
Max Petroleum,Dick Turpin,Jesse James,Robin Hood,Winona Ryder say no more.
NickiMinaj
Posts: 413
Off Topic
Opinion:Strong Sell
Price:1.10
Privatisation
12 Nov '14
Something like that.
They've raised money at the same price at which they're intending to buy shares back.
Net cash gain to Max = nil.
It's surely just a transfer of shares from PIs to Kazakhs.
newby2302
Posts: 85
Question
Opinion:No Opinion
Price:1.14
? TENDER?
12 Nov '14
Can anybody explain it to me, please:
· The Board has agreed with AGR Energy that the Company intends to undertake a share buyback by way of a tender offer to all Shareholders within six months following completion of the Subscription, at a price of 1.64 pence per Ordinary Share, as described below. It is intended that £10,000,000 will be available for the Tender Offer.

what meaning here *Tender* has? And what if there will be more sp from people to offer than £10mln? Will the price offered go down due to high volume of offered to tender shares??
andyarob
Posts: 551
Off Topic
Opinion:No Opinion
Price:1.10
SP
12 Nov '14
if plp can buy at 1,10 and sell at 1.64 why isnt everyone buying ?



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