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Long suffering is the key word. But, Ben, every dog has its day and my view is that sometime soon, our day will come.
SmellyBen
How many did you manage to sell yesterday and today?
Ned - these boards have zero impact on share prices - especially such a tiny stock with hardly any comments - there are only 3 or 4 commentators so I wanted to give u a heads up as you seem a decent long sufferingbunch - if I had talked it up nothing would have happened and if I talked it down exactly the same - actions ie buys and sells are what matter
Smelly,I smell a rat,at least a phoney troll.Anyone who wanted to dispose of a substantial shareholding gradually in a tiny company with small share turnover would not announce his intentions publicly to other shareholders,thus ensuring a lower price for subsequent sales.Maybe he would talk the shares up beforehand not rubbish the company as you have done.You have an ulterior motive and are definitely not who you pretend to be.
Today was the last day, next week q2 begins, it appears no upfront offtake has been agreed.
It interesting, large international buyer wanted to pay installments for meagre $6.8m disposal of West Gharib.
We need news.. asap
No not all mine someone else is getting out too and who can blame them
So were all the trades yours today?
Just getting my head around of we have more sellers..
No fraid not - still about 4m to go !!! I did warn you guys ahead of time - the BoD are really poor - No progress, no comments nothing except cashing their pay cheques.
Mm's are trying to make a market here, clearly there is an overhang.
SmellyBen, have ypu finished selling?
With this board it doesn't surprise me
No... But never got a response from anyone at Sdx since squelch.
Smellyben
Those 5m shares will be mission to sell. Lolol
Judging by their lack of keeping the website up to date..don't think they care about us private investors. Hrmph
Never got a response from that email, have you?
You might get more joy through investor relations? I mean that's what "we" pay them for?
sdx@inhouseir.com
Presumably Jay’s is in similar pattern,but longer !!
GouldD@sdxenergygroup.com
McAvockW@sdxenergygroup.com
Maybe you could share their company email, we are all shareholders.
I agree with your take on the situation, Ned.
By the way,I emailed CEO Daniel Gould yesterday for comment
The only thing they havent done,yet,is to complete the Egyptian sale.Agreed they havent informed shareholders of progress but they feel there is nothing they can say without revealing sensitive market information.Why not await the deal and then decide what to do.I dont think you can lose that way.If the share price rises after the deal it is likely to be a big rise and you will have lost out hugely.Risk/reward suggests holding on Smelly
So you just ignore the facts then
No need of cash at all - these shares are in a sipp i can't touch for close to 2 decades !
I just don't trust a board who have completely failed to deliver what they said they would and have stayed completely silent on the fact - even if they pull out a great deal tomorrow I just can't trust them to meet their word going forward and so for me I can't invest in them.
Smelly, you may be in dire need of cash but otherwise I cannot understand your desire to offload.
SDX market cap is around £8.3.
The sale of WG will raise $6.9m and the sale of SD will be more than that as it will exceed 3/4 of the market cap and require a shareholder vote.The resulting cash will then exceed the market cap.Unless the Moroccan business has a minus value the share price is hugely beneath total assets so the prospect of a rise in price following the deal is almost certain.The chance of the share price falling is effectively nil so the risk /reward at this point is massively in favour of reward.Dont you think so ?
You never know when a big bid might come - otherwise I'm chipping way 4k at a time :)