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That was 2.9m. Not 12.9m.
The Sheikh has not sold out. It was Lesoza. Read the TR1 from a few days ago.
Sure d9, but whatever is happening he is involved as the two trades together are not his exact holding by coincidence...
MS
I can’t see it being a typo. What would have caused there to be so many trades today else.
Thxs D9
Good to remind people of the positives and utter lunacy for him to walk.
As B4 would make no sense.
Has 2B a typo or something else. Warrants I think someone mentioned but don't know
Would this https://www.premiumtimesng.com/news/headlines/347226-its-official-15-companies-win-contracts-to-lift-nigerias-oil-for-2019-2020-full-list.html have any influence on HRH to sell? If indeed he has?
It doesn't make much sense for the Shaikh to take a large position in April and then go through with a name change ADM to his own in June 10, then to offload a few weeks later. It would do too much damage to his reputation any good in the wider financial world
"The Company has been considering a change of name for some time. The rationale for the name change to ADM Energy plc follows the recent strategic investment by Shaikh Ahmed Bin Dalmook Al Maktoum. The Company's strategic investor has an extensive network of influential contacts within the oil and gas industry and the Board regards his support for the Company as an important opportunity.
Further, the Board considers the Consolidation will help present the company in a more attractive light to institutional and high net worth investors."
Having the sheikh and top CEO is gold dust
the worse thing that could happen tomorrow is for the company to do nothing and leave the market to speculate on what is happening.
You reckon no sheikh is a good thing then. Brave call as it was his vision that bumped the price to 40p
Absolutely, out with the old in with the new.
AdrianUK you actually seem ok with this.
No just Lesoza Enterprise Limited. I expect Stefan has sold out and a new director will be announced. I read it in my tea leaves :)
Placing raised £500000, 1mil has just gone but how much of it was bought and where is it.
Bust....hope not but suck it up and take the pain
even if they owned the warrants, them, lesoza, winrose and Stefan, only have 12480000
What is their combined holding? 12900000?????
The most recent TR1 was from Lesoza Enterprises Ltd. I wonder if Stefan has sold out.
Clutching at straws tbh
Fourprinces, I think your right about Winrose and Lesoza selling out. There not needed anymore. Hopefully we will get all info tomorrow.
Yesterday status all investors still there.
http://www.admenergyplc.com/investors.html#significant
Website still there.
Whatever it is, we will see tomorrow.
MS
Tiold4tgat
Very good point indeed. Didn't think of that did we
Probably a couple of yuppie traders ****ing themselves with laughter in champagne bar somewhere...... We've really spooked those MF Pi's haha. I'll correct my typo in the morning lol
if it is a slip of the finger and is meant to be 2900000 instead of 12900000 then I understand lezosa selling up
Winrose and Lesoza are connected so if the warrants of 8m got placed with them they have over 13,000,000 between them. Might be them?
Looks like Lesoza Enterprise Limited sold out they owned the 2,900,000 shares. http://www.admenergyplc.com/investors.html