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Does anyone have an Idea of what the directors averages are. That might be starting point for a valuation
there average + a premium
cheers
Aurora
I would like to add to this question, does anyone know what price any placings are held at if any ?
I think the last one in 2016 was about 27p.
If you look at the previous posts by well respected posters the valuation is $600m to $800m.
March 2016 @ 25p and Hargreave Hale took 36 million.
9 March 2016
Amerisur Resources Plc
Results of placing
Amerisur Resources Plc ("Amerisur" or the "Company"), the oil and gas producer and explorer focussed on South America, is pleased to announce the successful completion of the proposed placing, as announced earlier today (the "Placing").
A total of 106,000,000 new ordinary shares of 0.1 pence each in Amerisur (the "Placing Shares") have been placed by Stifel, Investec and RBC at a price of 25 pence per Placing Share, raising net proceeds of approximately US$35 million.
Sorry but where is this HH investment now?
Thankyou for taking the time to copy and paste that, I did end up going through everything myself, including all the directors...
The average all round for directors is 19.97p from what I can make of things.
Although I must add that is not taking into account Tracarta Ltd, a company in which ‘John Wardle’ has an interest in. From
what I can see they have an average of 12.91p
GA
HH taken over by Canaccord in 2017, having steadily increased share (and buying currently in the market : a million between 22nd and 24th July per 8.3) and now at 91,925,000. Our second largest holder after Michinoko at 134,452,585 (11.06%) and worth watching. They bought that last million at 17.795p.
I would think and hope they are not intentionally reducing production. Highly unlikely in my view. There is lots of reason why thoughput might be down. Possibly storing more due to oil price drop. (They did that before) could also be government taking there barrels from well head by truck again.
I find the lack of update regarding 3rd party crude disappointing
secondary journalism - see tacotac post Fri 13:10.
normally the follow on press would be good because we would need punters to buy in to raise the SP. but, as things stand, the return on AMER shares is depending on if and at what level big fish want to swallow us up. i doubt they are swayed, or even reading, the daily mail.