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You have my sympathy, leas. Must be very frustrating. I’m with Alliance Trust Savings (now interactive investor). The trade team on the desk (based in Dundee) are always first class, but the online platform is poor, IMO.
One month today since the sales process began. I suppose it is possible that potential bidders are waiting on one another to start the ball rolling (if one ignores M&P’s 17p) and then to see management’s response before deciding when to play their respective hands. I also suppose it is possible no one wants to bid, but seems unlikely given what we all know and which has been posted many times here.
I am very frustrated at the lack of any operational update: OBA third party oil and Indico 2 particularly, but also Oxy progress and timetable. Perhaps mgmt has decided that it is irrelevant to update the market as the insiders in the dataroom will get their private q&as on such matters: ah well.
Unfortunately my shares are locked up in Administration when SVS went under so irrespective of share price movements or news I am stuffed until the shares get transferred.
Maxed out on investment ISA so longer this takes the better for me. We may get updates on Ind-2 in that timeframe so feeling positive overall.
yup.
just added at 17.44p - never did I ever think.
There are always "potential" issues with any AIM investments. Sentiment can change on a sixpence - but invariably the lowest lows are reached much faster than the highest highs every time.
Nevertheless, as AIM prospects go, I think Amer is as good a short - to medium term - investment as there is right now.
Underpinned by an albeit low offer, with other interested parties waiting in the wings, and a push by bigger fish to extend their exposure and investment into oil in the region.
Just a case of waiting for the market to respond in kind to the rising bids as they emerge. Worst case scenario as I see it is right now is a protracted bid process that drags out in silence raising concern among investors and encouraging a few to maybe even leave the venue in disappointment, before the party has really even got started.
Time to sit on your hands / add more if you can IMHO
GLA :-)
i sure have.
willec - i was a one company pony for many many years. i now think that is not the best. diversificaiton lead me here, and to other stocks. some good, some bad. i think it has been for the best overall.