Thanks for that. I'm not sure it makes difference who's running it to be honest. Lots of boards complain of the same,....poor communication.....late updates etc etc...and so down...dilution...consolidated blah blah....plus aim. I won't buy any more again and whilst there may be spikes that's it and it depends who's going to get caught or get out in time. As I've said before.....all shares come down in the end on aim anyway. 99.9% mugs game. Best of luck ousting matt or giving him a performance improvement plan! It would make difference sadly but best of luck. Machine off OFF
Hi BlueOcean, unfortunately my post was cut in half, I didn't realise there was a limit or that I was droning on. The bit chopped off was trying to explain that a SEDA is not a shorting instrument, they lend money and are given shares to cover the loan which are sold at an agreed price with the company. As to BMD's blog, as a former director of an AIM company, he should know that you can't lie to a Nomad or your lawyers when putting out a statement like the SEDA one, I don't understand his attack on the CEO.
Good to hear Notable that you were on holiday, its always good to spend quality time with family away from all these markets. I am going to holiday for a month soon....:-) We are blessed with a New Born Baby recently, so it a beautiful atmosphere at home. No matter what our investments do, we all make our private life special. I am happy for you.
Coming to the Point, the Group is Big, ofcourse 90% are LTH, with high Averages. Everyone holds different opinions, some on BMD Side and Some on Ben Turney's. There is nothing wrong in it and we do respect each other. As I mentioned last time, I invited people into Committees, They do their own research and get the message across. BMD is obvously aware of this and he believed that some thing is there which he needs to highlight, he did his own workings, links, what he did is his own Article, nothing went from me. I personally like few people, BMD, Tom Winnifrith, Ben Turney, Mark, Zakmir, ofcouse DDH..only thing they have in common is they are not afriad to fight with Corporates if they believe something is not right. I just heard TW Audio, totally agree with him, we should not care what BMD was before. I am posting the link here, just in case if you want to hear it. http://www.*************.com/views/22475/tom-winnifrith-bearcast-i-don-t-care-if-brokerman-dan-used-to-be-a-ballet-dancer As I mentioned in previous post, company must come out and respond to that, as a holder I wish they say it Loud and clear, not via backdoor. And the work our group is doing is good, more people joining in, doing research, keeping an eye. But I would say Matt should conc on Asset Sale and get it done, Invest wisely, else if he fails then it would not be a pleasant one for any of us, including his own, as Matt holds shares. SP declines because Matt failed to clinch a deal not becasue of the work we do behind the scenes. As CEO if he has the ability he can make every wrong prediction wrong. Power of CEO, which he does not do perfectly. We are not going to stop doing our background work. If Matt leaves, all of you Guys will be running Mad but we will not, because we know what we have to do. All things are being put in place but quietly...sssshhhhhhhhhhh
Personally I have more confidence in Ben Turney than Matt Lofgran. I don't look at the Oil and Gas Industry Experince, but an attitude and willingness to do what is best for Share Holders. If a person like Ben is incharge, he will make the CEO work for the Share Holders. We have seen Matt and many of us believe Matt knows lot in O&G, but it is least if he could not deliver what he promised, simple. My Vote goes to Ben Turney.
Not hiding, just back from holiday, maybe my trading strategy over the decades is better than your charting software as I can take a nice long holiday a couple of times a year and there is no way I was going to disrupt my time away trying to decipher your posts on the boards. I also do not appreciate your insinuation that I have been insider trading �Notable are you there mate........any idea.....Only people who support Matt are those who gets benefited with inside information to make 20/30% here and there....� Have you ever stopped to think that what you have done over the recent past is seriously harm any recovery in the shares for long term holders, of which you state you are one? Your actions as far as I can see have been brought to the attention of a convicted thief who has set himself up as a champion of smaller investors. Really???? it wouldn�t surprise me if you hadn�t gotten in touch with this felon to help your cause. Let�s look at recent history with Bad Man Dan. Sets himself up as a Robin Hood type character who�s going to rescue long term shareholders in Sefton. In 2 months earns c�50,000 in fees and when his past catches up with him, as he never mentioned to advisers or shareholders about his criminal past, he sells all his shares awarded by the board he is a member of and makes c�110,000+ in the process in four months. Now not being a convicted thief myself I cannot comment with any certainty but would imagine that his new found career as a Robin Hood to smaller investors is a damn site more lucrative and far less risky than robbery. Making over �160,000 in just a matter of months would certainly point to that. What I believe you and your Bad Traders Club have done is alert BMD to the possibility of earning another �160,000+ in a short period of time in the guise of helping NTOG holders in the same way he �helped� Sefton shareholders, who I am sure didn�t make anything like what he earned, if anything at all. As to comment on convicted thief BMD�s post, whom you seem to trust, he suggests that Yorkville were shorting NTOG shares. According to Investopedia �Short Selling� is motivated by the belief that a securities price will decline, enabling it to be bought back at a lower price to make a profit. SEDA�s were created to give a more orderly market with which to raise capital. They lend companies money and companies issue them shares to do this in an orderly fashion at an agreed price. If a company needs to raise money, and for what other reason is there to list on a stock exchange, it can either issue new shares to investors, more likely at a discount to attract them quickly, in tough markets that discount can be very high. If you are unlucky the placing goes to a number of flippers who get out quickly creating a short term bear market in the stock and news can leak out that a company is raising money whi
ramu - population of Turkey might not agree with you on Dave being the greatest example of ethical human being- some months before Brexit debate he agreed to be the prime advocate of Turkey joining The EU - need I say more!
Datafeed and UK data supplied by NBTrader and Digital Look.
While London South East do their best to maintain the high quality of the information displayed on this site,
we cannot be held responsible for any loss due to incorrect information found here. All information is provided free of charge, 'as-is', and you use it at your own risk.
The contents of all 'Chat' messages should not be construed as advice and represent the opinions of the authors, not those of London South East Limited, or its affiliates.
London South East does not authorise or approve this content, and reserves the right to remove items at its discretion.