Register
Login:
Share:
Email Facebook Twitter

SOU CEO responds to investor questions on its projects in Morocco and Italy. Watch here

Share ViewsEp. 20
SOU CEO responds to investor questions on its projects in Morocco and Italy


Xtract Share Chat (XTR)



Share Price: 0.0225Bid: 0.02Ask: 0.025Change: 0.00 (0.00%)No Movement on Xtract
Spread: 0.005Spread as %: 25.00%Open: 0.0225High: 0.0225Low: 0.0225Yesterday’s Close: 0.0225


Share Discussion for Xtract


Thread View

Please login or register to post a message on Share Chat.

Posts per page:


andy.p
Posts: 2,787
Off Topic
Opinion:No Opinion
Price:0.0225
RE: M'Lord
Fri 13:39
Fredo,
Look at the placing and the swap agreement as two completely different transactions and you may be less confused.
The 3.5b shares came about from the placing to raise £980k.
980,000/0,00028=3.5b.
Forget the 3.5b when calculating anything to do with the swap agreement as there is no relationship other than to generate the the 292m figure and even that is a bit of a red herring.
Instead of working down from the 3.5b work out how many shares would need to be sold at various prices to cover the payment due to XTR, even using the benchmark price of 0.0308p they would only need 2.8b shares to cover the 12 payments leaving 700m to cover the 13th (or 1st) payment.
Try to see through the smoke and mirrors and it becomes clearer.
Hope that helps you and your following.
 
Eish
Posts: 367
Premium Chat Member
Question
Opinion:No Opinion
Price:0.0225
Are you making money here?
Fri 13:16
I lost a bit here and gave up long ago. I frequently read this board just to keep in touch with developments at Manicam. But could I ask you regular contributors - Snooty, Saxon, Space and Scouser etc...
Are you actually making some profit here or are you waiting for better days next year or when CB gives us better news?
Buriedtreasure
Posts: 2,728
Off Topic
Opinion:No Opinion
Price:0.0225
Do we agree
Fri 13:02
That no news by Jan 1st would be a bit of a shambles?

I think so.

BT
BigTee123
Posts: 804
Off Topic
Opinion:Strong Buy
Price:0.0225
RE: M'Lord
Fri 10:06
The odds got a bit shorter with that 43m buy.
saxonway20
Posts: 5,074
Off Topic
Opinion:No Opinion
Price:0.0225
RE: M'Lord
Fri 10:01
Don't worry mate
As they say win/win situation
Lol

Have a good Friday
fredo1976
Posts: 314
Off Topic
Opinion:No Opinion
Price:0.0225
RE: M'Lord
Fri 09:54
Saxon, maybe just telling us that 16 percent shareholding has been crossed and now in the 15.

Without using 292m/month calcs for the 3.5b, I arrive to 3.217b using Andy.p calcs. Scratching my head. Anyway, I have to go.
saxonway20
Posts: 5,074
Off Topic
Opinion:No Opinion
Price:0.0225
M'Lord
Fri 09:46
What are the odds on RNs, please

1 traded
saxonway20
Posts: 5,074
Off Topic
Opinion:No Opinion
Price:0.0225
Obviously they are
Fri 09:27
Much happier to sell at 2

Never mind the win/win bull
Lol
saxonway20
Posts: 5,074
Off Topic
Opinion:No Opinion
Price:0.0225
A buy 43,434,804
Fri 09:25
25M sell
Buriedtreasure
Posts: 2,728
Off Topic
Opinion:No Opinion
Price:0.0225
Scouser
Fri 09:03
Sorry did i say Manica looked good.

Oops!!

No one noticed my mistake. And it was a mistake.

;-)

BT




Share Price, Share Chat, Stock Market news at lse.co.uk
FREE Member Services
- Setup a personalised Watchlist and Virtual Portfolio.
- Gain access to LIVE real-time Regulatory News (RNS).
- View more Trades, Directors' Deals, and Broker Ratings.
Share Price, Share Chat, Stock Market news at lse.co.uk






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.