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Or maybe the SXX ceo is just being truthful.
Tsbs I think the big difference here is we are hoping for a farm in cash upfront or a full takeover/buyout with money/dividend and possible shares if a full takeover and then a relist as we are making a bigger profit going forward if doing things on our own.
SXX are years away from making a profit and need a big injection of cash to keep going they are already laying off 300 people where as according to ZAZA we produced 500,000bbls of oil in 2018 so can fund ourselves and more wells eventually going forward increasing profits.
GLA.
Thanks for the correction Earsbern. I'm not well-researched on SXX as I'm not in it and committed in other areas. Glad to know I can get done over outside of AIM too. Thanks for the warning.
Still not giving up hope on little ol' Frontera. She's still breathing....just....
I agree with every word you've said today, Bezzy. But one minor point of fact - SXX is in (or at least, was) in the LSE250, not AIM. Just shows, shorting and weak market controls are wreaking havoc with financial marketing, and genuine investors, are the victims even in more prominent market places.
Why do you think that TSBS?
The Govt. needs to ban shorting. These hedge funds are destroying businesses that otherwise may survive difficult times.
Please accept my apologies. I meant "female dog"
AIM - what a ***** of a place to try and make money!
Morning Coggy,
That looks like it's going to be bad news for them. Unless the rag have made a story or took it out of context to flog papers.
I had a look at the BB and I see some are stating that they think a 75% shareholder vote is required to enable the company to go private. I was going to say something but thought it wouldn't be received well.
Yes coggy sold a dream which turns into a nightmare