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Was appointed to JKX Oil & took it private, appears this will be delisted also.
Yes. An Interim Dividend was announced at the end of May. This was paid out today, 15 june. I am still confused as to why the price is going up though, failing any positive news about the appointment of UK auditors, legal triumphs over beneficial ownership or the publishing of Annual Reports. It looks like the suspension of trading will probably go ahead on 3 July...
Can anybody shed any light as to why the price is holding up in the current climate?
hi
my account has been credited with some money from enwell energy but no reason has been given.does anybody know the reason please let me know. my email is mirmoha**********
man thanks
regards
reza
Terry
suspension,oh dear,didnt see that
14.30p.....could be the bottom..imo
Ex-Dividend date is T-2; this means that the 0.15GBP dividend is already locked in and the share price has consequently fallen by approx 0.15GBP. The 64 million dollar question is whether they will issue further dividends after the anticipated suspension of trading on 3 July... and possible eventual delisting...
…prior to divi announcement sp was 15p…on div day we are at exactly the same level…but with something like £50m less in the company accounts…undervalued before or overvalued now?…who knows…but not ver rational for sure…slava Ukraini…
Thanks Pumky. I was being dosy and do not often hold divi paying shares. It seems pointless mentioning the record date. Holding and or selling on the ex div date would get recorded anyway. We only need to know ex div and payment dates surely
Divi date 1st june
Don't understand why this has tanked today. I was expecting it to tank on the record day which is tomorrow.Anyone who had bought before recent price jump could have sold yesterday at a good profit and tanke a punt on the suspension by buying again today. At least they would get most back on the 15p divi, and still have their punt shares.
No news, but in is discounted by 15p in June. My take is it's a cheap punt.
ENW.L stock price has been pumping since the announcement of the 0.15GBP dividend. Given all of the other negative news I have read recently (revocation of licenses, cutting 12% of wells, delays in contracting a new auditor, leading to a possible suspension of trading on 3 July, Ukraine's reversal of beneficial ownership on their register...), I can't understand the recent and continuing price-rises... Please, does anyone have any positive recent news that I have overlooked?
I'm wondering if anybody knows how Enwell is doing with regard to finding a new auditor. It strikes me that an audit would preferable for everyone, given that it forces greater transparency!... I understand that under UK law, auditors are currently prohibited from working with sanctioned companies and individuals with links to Russia. Could it be that the Trust that now owns Mr Novinski's stake is in the name of his children??? Perhaps this could be taken to mean that beneficial ownership is "indirectly" connected to him... and Russia!? In any case, surely all a potential auditor needs is legal documentation that demonstrates that the company is no longer associated with a sanctioned organisation or individual, don't they?
I am wondering if it is legal for the Ukranian authorities to cancel Enwell's change of beneficial owner and put it back into the name of Mr Novinski? Maybe they are employing a delaying tactic, knowing that this act will eventually be overturned after a drawn out court battle...
Most of Novinskiy’s assets in Ukraine have by now been lost - Azovstal in Mariupol completely destroyed, most of the shopping malls across the country destroyed by Russian strikes, etc
Taking over the gas business will be the last straw
Novinskiy is a Russia-born, Russian citizen, who openly supports the Russian Orthodox Church
He wouldn’t survive in the current Ukrainian environment, in my view
15 th June Divi payment date
…this touched 50-60 p in the prewar years…and 15p divi/discount due Friday…
Finally out of this sh@t, with a reasonable profit. Waited way too long
Can’t see any meaningful future here. Assets eventually will be lost. Share suspension can easily last for many months, if not years
Didn't you say the same when thecSP wasx18 pence?
Up again! woohoo
My bad on the first prediction…the second will come through though…good evening alll..
I can see on a day high…with another nudge upwards tomorrow…bwdik…
Today for ENW.and VRS...both on the top risers on the leaderboard today......what do we think this will close on today?
Thoughts to older post
Ask Freddie Laker if you can't make money with political risks.