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Informed of name change ( Wi ) to Beacon Energy .
Appears I bought some on 27 May 2022 for 0.14p they appear to be a little higher today .
This note below from the buy day , but did not post the trade .
Andalas Energy the former name ( Changing name again not a good look )
All info on Bar 1 for 10 Consolidation when Andalas Energy
Would mean issuing about 6 billion shares although rather have an asset and continue than nothing.
Maybe they have something lined up.
it now has no assets, so it is a cash shell but with very little cash. if the company still have no asset, or have not raised at least £6mm by 27 Nov 2022 (6 months from date), potentially delisting is on the cards.
"Advance Energy says it will continue to evaluate oil and gas opportunities, with an emphasis on materiality and cash flow generation in line with its strategy." - what a joke of a statement, if they issue a statement of intent, it might help. waffle of nothingness like the above means nada. (here is some wool over you eyes, woosh!)
tulip changing hands?
You got that correct micru.... Improvement .
Most a load of losers IMHO
>I see no one can be bothered to explain a CA in April last year .
Nobody here owes you anything.
All info on Bar .
1 for 10 it is the former Andalas Energy.
I see no one can be bothered to explain a CA in April last year .
This RNS after 11am today .
IN BRIEF: Advance Energy shares fall as reverts to AIM cash shell
Fri, 27th May 2022 11:15
Advance Energy PLC - Isle of Man, UK-based oil and gas company - Says operator Carnarvon Petroleum Timor Lda has decided not to enter the next period of the TL-SO-T 19-14 production sharing contract. As a result, the Buffalo licence offshore Timor-Leste in south east Asia, lapses, and Advance Energy becomes an AIM Rule 15 cash shell on Friday. As a cash shell, it has to make an acquisition that constitutes a reverse takeover, or become an investing company within the next six months. The second would require the raising of at least GBP6 million. Should it do neither, shares will be suspended, and then potentially cancelled six months later.
Advance Energy says it will continue to evaluate oil and gas opportunities, with an emphasis on materiality and cash flow generation in line with its strategy.
Current stock price: 0.15 pence, down 19% on Friday
stunning buy. 10m at 0.15 woof woof!
Seems I have a small amount in my acc 4th or 9th April 2021 was there a CA ?
Hopefully someone can throw some light on it ?