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actually the sp is one thing you can't blame the bod for :)
that's down to more people selling than buying.
hope that is clear
Just in case there are any posters who believe that shareholders have any responsibility for the current SP,you are mad.....That is completely down to the BOD.
a lot more volume today compared to last couple of weeks
yes no point is squabbles, especially when you have no grounds.....Guaranteeing and suggesting are very very different propositions.
I think we can leave it there
Eric- you suggested that in your earlier posts on here. As promised I erased your data once you confirmed that you no longer wished to be part of the group- I thus do not have your e mail address.
I do not think it worthwhile to squabble- the BoD will respond and SAG will choose how to continue. Until that response is received arguments on here are pointless- as you stated I have a responsibility to 174 members to act on their behalf regardless of personal opinions. I have nothing to hide in our e mail exchanges so if you wish to publish them please go ahead
Jones , please could explain how tableleg is misleading others in this share as you quoted..... time to remind you to not mislead others. Please could you clarity if you are indeed a Share holder in Sound Energy or are you just interested in brining the share price down to effect other share holders value!!
If you have issues with Sound Energy.......as you have, why attack the genuine Share Holder.
Fwiw had another top up today.
time to remind you to not mislead others.
As far as I recall form our emails I have never even got near to saying that all members of the group are there for the wrong reason. I am more than happy to post our email exchanges, but I will need your permission via email please
As far as I am concerned if the share price drops much further I am going to fill my boots! I believe this deal can work & so the more shares I can add at these low prices the better. I know some might be maxed out & not in a position to do so & some might not trust the deal to be signed or just plain do not like the deal....but there must be plenty of beleagured long term shareholders & more recent ones who might welcome the chance to average down in the belief that once production is in full swing & we maybe have more discovered gas the share price should rise & they will receive more of a dividend payment. I am looking forward to this deal being wrapped up with the private equity fund & the Enigas consortium with Mohammed Sighiri taking its into the bright sunny uplands of Miroccan E&P!
Eric- are you guaranteeing that all 174 members are only in the group for their own nefarious purposes? That sounds pretty familiar too. You chose not to join for your own reasons(as did 2 others) and I will always respect those; I will continue to stand up for the remaining members and strive to get answers from the BoD - paradoxically that will also be of benefit to you and any other naysayers
Are you guaranteeing that every member of the group is there for the right reason, if so how?
Just a feeling? You believe every word they say? Ironically that sounds a little familiar....
I think the REAL shareholders want the SP to be higher?
I cannot think of any reason why a true shareholder want the SP to go down. But I am sure you will enlighten me.
Thanks for the swearing, nice touch.
Riddlers- If there is nothing to hide then no company would be fearful of the FCA being copied in; if there is.…………
Eric- you and I discussed at length via E mail the strategy, and you decided not to join; you are bonkers to suggest that all the people who have contacted me to join the group want the share price as low as possible to try and make money from it. We cant get the SP much lower for …..sake
also last week this was in the 4s. high of the week was 4.10 ?
maldini1 - good to hear that!
I added to my holding.
Jones1980 - I get some wrong but still believe the price will turn around otherwise I would have sold and not added.
chrishutch - You and your charts was telling the world that you bought in at a higher price the other day and was predicting this was going to fly into the 4p and above zone. Did you 'candle' go out?
You're not fooling anyone. Many here have been taken for a ride and are immune to it.
Nope you’re not.
am I the only one buying while the price is down here?
You must be unaware of the change of pipeline ownership back to Morocco and the end of the gas contract with Algeria along with the need to be energy independent. Morocco also looking at a LNG terminal to satisfy the growing energy needs of a country that's wants to be the gateway to Africa.
As I suspected for the genuine shareholders the questions relating to the efficacy of SAG are starting to materialise.
IMHO the group will no doubt have a membership who will gain financially from a drop in the SP.
Some in the group will just be happy to twist the knife, what fun.
PNE, only way to answer 1) check the price they pay for gas now. If less than the Sou, deal they will wait until Algerian gas runs low, or price hike happens. Why waste in-country resources when they can slow throttle their neighbour into an energy deficit.
The SP, unlikely to recover ten pence plus are no big players interested in buying Sou, shares. Effective dead in the water. No guarantee of a divvy, and funds for drilling be a priority of come from debt finance; guaranteed to repay.
Maybe you missed the SP drop from £1 to 3p? Maybe missed the fact the CEO, CFO and Chairman in quick succession jumped ship when they couldn't face 'their' public, the very same public who paid their wages. Maybe you missed the multiple occasions of carrot dangling which have now conveniently been removed from different online platforms?
Or maybe you're just lucky enough to have a very low average to dismiss Trellis's efforts. I'm certain many (as in the 150+ investors) who put their name down to get some answers, will get some comfort. 100% guarantee that if and when Richard gets a response, that you will be the first to know the contents.
Here is a brilliant post from a former long term holder (Appiamma. Maybe you missed it.....
I could identify a series of events( and often did) , from Nervesa discovery changing to missing gas, to a Plug&Play Sidi deal that turned ridiculously opaque and consequently morphed into miraculous multiple TCFs, pure nonsense Algerian analogies, hyperbolic share-price predictions, a Gherkin event that appeared purely to be a vehicle to promote Echo and for Parsons, Fumagalli and White ( the chairman of SOU at the time ffs) to rinse and repeat and exercise the warrant scheme that had proved so successful to CIP. Ultimately it was Parsons selling post TE-8 (and significantly seismic) under the guise of a trading plan that removed the need for him to restrict his trading in closed periods and offered him the opportunity to effectively trade 'inside' that should have been the biggest red flag of all. When he said Marco isn't just an investor, he's a become a friend was the surest sign that the CEO no longer thought himself a servant of the PI, but aligned his goals elsewhere.
I remained invested here purely on a belief in the Tendrara asset. Bit by bit that belief was eroded and I gradually sold. There are those who invested in the management, and I remain friends with some who still have faith - despite many conversations where I expressed reservations. Those of you who have berated, chastised and even threatened those faithful investors should be ashamed - there is no malintent, no conspiracy, no agenda. Just investors who believed the dream. If you are looking for someone to blame - look inward or to the management.
Finally I will say that I think this deal, Parsons, Davies and JJ exiting is a travesty. A cowardly act designed to extricate themselves from the hole they have dug (Maybe not JJ), a hope that they will walk away unscathed, a ruse to deflect the shining glare of the spotlight. Moreover, they leave the fox in charge of the hen house; after all he still needs his pound of flesh in bonds, despite making more than enough over the years through those generous warrants. He gave his friends free rein to sell, it was another flag worth noting, Do not trust him!
I genuinely wish a good outcome for those left in here, and it still may happen. However sometimes I get the feeling that there are
Great price on offer today. I took more at 3.20 it i looks like there is 32,940 left at that price!
do you actually expect people who can be 'persuaded' to invest in a gas explorer by hype to make rational decisions in other areas?
someone earlier actually hoped the company would go bust so the bod's free shares wouyld be worthless.
utterly rediculous comment, but sadly not surprising.
Apologies if I am missing something but there is one thing writing to the BOD and asking for answers and posing concerns etc, but another wiriting to the regulator. If anyone wants to see a financial benefit in the months and years ahead, posing the company and the deal to risk is beyond logic... unless I am of course missing something. You all will get more details when the full details are announced, there is a new CEO at the helm and from what I have read and heard, I was encouraged at the last FSC and I remain of the view that the deal, with its finer points to be explianed to us, will benefit and we all get a vote on it as well. Completely staggered.