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Share Views Episode 9 - Early Stage Investment Opportunities


Xcite Energy Share Chat (XEL)



Share Price: 2.13Bid: 2.13Ask: 2.15Change: 0.00 (0.00%)No Movement on Xcite Energy
Spread: 0.02Spread as %: 0.94%Open: 2.05High: 2.30Low: 2.05Yesterday’s Close: 2.13


Share Discussion for Xcite Energy


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jonjo
Posts: 5,335
Off Topic
Opinion:No Opinion
Price:2.50
RE: Ripe for quick takeover?
14 Sep '16
So - if you were looking to buy the company you would presumably like to do so in the cheapest possible manner which would be to dilute the hell out of all shareholders and pay the lowest amount in doing so. The BH on the way could do a DforE conversion, accept a pre agreed price say £50m and then retain some shares for the ride - which in that scenario leaves what for the PI's ??
 
Annikins
Posts: 457
Off Topic
Opinion:No Opinion
Price:2.50
RE: Ripe for quick takeover?
14 Sep '16
Put it this way, this is a window of opportunity for the opportunists

And what an opportunity it is

Mid caps could easily takeover Xcite in a jiffy

Never mind your bigger boys

What an addition to such companies as Premier or Tullow and such like
honestbob
Posts: 954
Off Topic
Opinion:No Opinion
Price:2.50
anikins
14 Sep '16
What you say is right - but why wouldnt you have bought at 5 p 10 p or even 50 or more - it is good question - but why hasn t anyone .

They couldn t have known it would drop this far or that some one else wouldn't have beaten them too it

I am not a lunatic conspiracy theorist but there is perhaps more to this than meets the eye
Annikins
Posts: 457
Off Topic
Opinion:No Opinion
Price:2.50
RE: Ripe for quick takeover?
14 Sep '16
Because suitors a) waited for a better price and b) we have been through an oil crash if you havent noticed! and c) opportunists now see the opportunity

$140m in bonds + £5m in bank + £30m takeover bid

= $48 cents a barrel!

WIth 500mb on the block and a proven 267 mb and a further area to drill

And an EWT costing circa $300m

Plus a forward model with many providers linked into the project, with finance at the ready with merely a "deposit" needed

Why wouldnt you buy Xcite?

Lets see, there is no cheaper proven oil in the North Sea

Thats a fact
jonjo
Posts: 5,335
Off Topic
Opinion:No Opinion
Price:2.50
RE: XEL is getting ready for a boun..
14 Sep '16
explain ??
honestbob
Posts: 954
Off Topic
Opinion:No Opinion
Price:2.50
4optomist
14 Sep '16
like it went up from 8p when you started ramping ?
4optimist2
Posts: 152
Observation
Opinion:Buy
Price:2.50
XEL is getting ready for a bounce
14 Sep '16
Consolidation of shares....
jonjo
Posts: 5,335
Off Topic
Opinion:No Opinion
Price:2.50
RE: Ripe for quick takeover?
14 Sep '16
Why do you think people are shorting this share?? It is impossible even if you wanted to - which I do not.

there is a possibility that someone would takeover this share by paying off the BH - the probable means by which this would be achieved is to offer an agreed sum to the BH - ask them to convert DforE and then buy the shareholding off of them post massive dilution IMO - as I said to you not pretty for the PI's - this is not a deramp buy an observation which while you may nor like is the most likely proposition IF there is a buyer in the wings
stew200
Posts: 5,401
Off Topic
Opinion:Strong Buy
Price:2.50
2 million buy order
14 Sep '16
Placed on the bid
hku821
Posts: 2,277
Off Topic
Opinion:No Opinion
Price:2.50
RE: Ripe for quick takeover?
14 Sep '16
Heading for 2p today, nobody has done a deal in 5 years with the BOD. Oil companies have obviously looked at this and for some reason no deal. Perhaps we have not been told everything or just not cost effective in current environment.

They will let this run down and the Bondholders will make a mint, the worse part is the compulsory purchase that CC informed us about if own over 90%.

Basically why buy it now when after 5 years zero interest? It could happen but the reality is this is a sinking ship and the captain is in the only lifeboat with all the cash.




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