Yes mate, I do remember. Always read your posts, lots of good info. I've just been woken up by tweetie pie chirping his head off outside my window! 8 working days remaining as old Zol, we have someone desperately buying up loose shares in the auctions. Nothing but a rising sp til then I would imagine. Bulp - welcome aboard. Both - with Bernanke cutting back on QE the obvious response was a sell off on the stock markets and bonds. Some interesting comments I picked up on CNBC was people will probably look to counter by investing in the energy markets, hello! With this St Petersburg economic forum going on, and Putin in attendance, I'm sure the Russian energy market will profit. Let's hope so and the sp reflects this next week.
im still looking over stuff too, so hopefully at the end of discussions we can all be clued up, so if i make an error or two please correct me:)
397.09 shares in issue at this moment in time.
473,157,416 to be issued
Plus add post consolidation - "The Company has entered into a conditional agreement with ARA Capital, the Company’s largest shareholder, obliging ARA Capital to subscribe for shares in the capital of the Company with an aggregate value of US$20 million (approximately £12.7 million) at a (pre-consolidation) subscription price of 3.5 pence per share and 70.0 pence per share (post consolidation), resulting in the issue of ****18,198,362**** New Ordinary Shares on completion of the Subscription in full"
Now post 4th july
After we work out Shares in issue:
We need to deduct:
Ara capital (44.9%) Bandbear (29.1%) Mr Sokolov and Mr Kamyshev (9.2%)
(plus M tompkins who has pre 4th 45m) take all that away from the 43 odd million shares in issue = extremely limited free float:)
with the 473 million extra shares to fund the aquisition added to the 397.09 shares in issue then once consolidation is done the 870.09 million shares in issue divided by 20 becomes only 43.50 million shares in issue . thats less than asos and with so few shares in issue then even with an sp of maybe £1.40 a share and with an oilfield the size of cornwall then in 10 years what could the sp be worth? . only have a small holding here but may just by on a monthly basis for years. potential here is huge. could this be a new asos , could we be looking at £40 a share by 2023 ?. i need a dark room and a lie down for the weekend , need to get my head around this , brain for what it is worth is grinding . a lot to think about. open discussion please one and all , we are in this together including roman and son !
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