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I really like the look of the new website - very sleek and professional.
I think it also goes to show that they're on the ball, often things like this are a bit of an afterthought. A cracking platform to present information to investors and the likes
Yeah first link was just showing that there is something active then I found the beta site. Maybe it will go live soon.
New website is working for me now off that link Jadele
New website not yet live http://www.admenergyplc.com/beta/
Correct. Because,... the market cap is the market's current assessment of what the company is worth. Assuming sentiment doesn't change because of the consolidation or other news released at the same time, the market cap on Monday morning will be identical to what it was on Friday evening. Without a consolidation taking place, that's another way of saying the share price would open at the same price as it closed (because sentiment hasn't changed). With a consolidation (at 100:1) the price would open at exactly 100x the closing price. In practice of course, the market immediately nudges up or down on any day, and the coming Monday is no different. But 100x Friday's close is the base point against which it moves up or down.
Sensei even!!!
Bloody autotype
I've only been through one consoli before and that was 18 years ago.
As far as I can remember the value of your monetary shares / investment should not diminish (initially on the day), just the number of shares you hold. Of course the value will then rise and fall in line with the actual SP performance from there on.
If you were to start losing money from a consolidation then no one would vote for it. As i said its been a long time and Im rusty so all the Sensai out there feel free to let newbies and returnies know how this works..........
There's no way they'll just be banking on the AJE development, I can see them quickly getting 3-4 different developments on the go (through acquisitions or otherwise), which will allow for a more sustainable base to grow from.
As for a price to slice at, I've not really gave it much thought. I'm in a fortunate position that I'm happy to let my investment sit for the medium term and see where it goes. I see far less risk here than trying to play the AIM game and get burned.
The fundamentals here are very strong, so looking forward to sitting tight and see what the sheikhs plans are. I think it's a given that he'll want high-impact developments - he's not here for just a few thousand barrels a day for the new few years - that's for sure
In current line with SP, obviously.
Can someone explain something to me?
So it’s 100-1 consolidation from 0.01p to 1p.
So say for example I have 1,000,000 shares that would mean after consolidation I would have 10,000 shares.
Now if, hypothetically, my shares are worth £3,000 before consolidation at 0.03 does that mean post consolidation I would have 10,000 shares at 3p each or would I have 10,000 at 1p each?
I think what I’m asking is does the consolidation happen in line with the current SP or does it all go to 1p?
What are you thinking Quitie? Got to be a price to slice at, it's not going to go up in a linery way.
agreed, post consolidation with'll only take the company increasing in value by 200%.
A confirmed development plan for phase two of AJE (which all the partners continue to say will definitely be happening) along with a couple other high impact announcements and this'll be well clear of £1
well this will be the share of 2019, it will take no time for it to fly over £1 plus IMO GLA all
Will the £1 club happen? Hoping for a steady news flow to keep the momentum going. I maybe short sighted but £1 would sort me out. Then I'll be in to a boring steady share with a divi.
Is this the new website address:
http://www.admenergyplc.com/
I can see next week being a fantastic week for this share
So will the new ticker sp and shares available be ready for 8am Monday or tuesday
Wonder if Barclays is already updating shareholdings as I can't get access to my smart investor account where my shares are in their investment isa
1billion company. That's quite a statement. If anyone else had made the comment, I may of had my doubts. But you know what I actually think he means it. He's not going to have put his name on a company, without clear and concise direction. This has all the hallmarks of a share that's going to let the SP do the talking.
What's the betting once our new board member announced ADME gets massive coverage and press releases from then on
WhaGwaan I also like the outcome of the resolutions, haven't stopped laughing about it all day, wish I went to the AGM now just to see the faces as they read out the results of the resolutions. The sheikh is obviously clued up on the board and their mates and won't let them get in the way of his plans for a $1b company
Very excited about the prospects here. Not often a share gets a backer of this calibre.
Love the resolution outcome. Fed up with troughers gouging on investors without doing the one thing in their job description, delivery of accretive value.
Small profit taking? Safe method but slower stressful method in a stock like MXO IMO. Not to mention the huge miss when you're out as the SP inevitably creeps higher and higher. Admittedly I'm terribly pro buy and hold the bigger gains here.
1 week chart. Some people that believe in these methods may show interest.
With the fundamental interest this is the recipe for a big rise incoming perhaps.