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Can’t find it. My browsers wants to use .com all the time. Is there meant to be a gap before .co.uk ?
Aiminvestigations@lseg.com
They will investigate the directors nomad the associates for deliberately failing the company and its shareholders for self gain. This has to be looked into
Its sad times but time to put these in the bottom draw and see if it does come back to life in the future.
As for this Chat Board im sure it stays open, as i was also caught up in the WRN fiasco which delisted ages ago and that board still runs.. So if anyone hear's anything positive in the next few years then you should be able to post it here..
Good luck to you all on your other investments and i hope you claw back your losses elsewhere... Big S
Thanks knicol46.
I have seen these messages before on other boards but ignored them at the time.
It means there are uncrossed Auction orders on the table but no price can be matched. You sometimes see these Price Monitoring Extensions (PME) at 0900, 1100, 1400 and 1635 - these would be the times at which the Auction orders would attempt to match, if it succeeds it would come up as a U (uncrossed trade) and normal trading resumes. If it cannot match it would generate the PME message and give a 5 minute extension followed by a match or a final PME notice for another 5 minutes. Auction orders are only available if your broker allows DMA (DIrect Market Access) - it allows you to compete with other traders and not market makers during that 10 to 20 minute phase.
ive set a fourm up at magnoliapetroleum .co.uk if anyone wants a place to still chat
What is the reason for these RNS's? anybody?
Pointers Sisters CD. 'Exciting' Hardly played in the past few years.
I bought this CD with the intention that it would be played often and keep upsetting the 'folks' next door. But alas this was not meant to be.
Anyone interested please contact me.
Well boys and girls its time to say good-bye for now.!!!!!
I have had a lot of fun here with reading all your comments good and bad!
You never know MAGP may even be relisted one day!!!!! under a different Management / WED team.
I am going to hold under the CREST umbrella and hopefully may get some return before I start pushing up the daisies
signing off now with this little number ;-D
Guidedog7
https://www.youtube.com/watch?v=4L_yCwFD6Jo
I also have registered a complaint to to AIM regulation and copied in HL about the manner and conduct with which this was all conived, hope it rattles a few cages GLA
I've had to sell mine with the HSBC or they would have arranged for a certificate to be sent to me. I also sold in the Share Centre wasn't charged the full selling fee which was a relief. Still got some in Barclays don't trust them not to charge me the full amount they hopeless in my opinion.
Also if 31 Wells worth 1.5m are 60+ Wells worth 3m or 2m or ?m, whats the prob with spending 100000 on list, oh! WED don't need a listed Co. when they are supplying the investment and ? The odd expense.
I’ve sent an email to Aim regulation dept outlining my concerns and requesting an urgent review by them of the voting process which was clearly flawed, accidentally or otherwise. Companies house may be interested , as may the Financial Conduct authority if enough people register their concerns. Matra Petroleum delisted from Aim a few years back and all shareholders retained their shares. After a period in limbo land they have now relisted elsewhere and I’m able to buy and sell as normal. Cannot see any difference with MAGP, you can continue to hold in Sipp if desired.
Due to a neat trick the new shares were also of par value 0.1 p ie. 0.1x 100=10p minus 9.9 deferred = 0.1
Previous post shud read .. 490000 is just over 1% ..
Due to a neat trick the new shares were also of par value 0.1 p ie. 10p minus 9.9 deferred. It has been known for someone to wave an old share cert under the tellers nose with other shares in the past.
According to RNS's RFW had a peak number of shares of 49million odd before consolidation, so after that date had only 490,000 odd which is just over 0.1% ie. 1/1000 of the share capital plus a bit. WED could use or not use all of its 25% to vote (that is a question). Where did 75% of the shares come from?
ISDX, and yes I think they will disappear from that too. There will be no trading of the shares and the value of the shares will not be listed.
what was that america exchange thing that trades sometimes appeared on will that still be there or will that go too
ive got some in an isa, some in a sipp and some in a normal account
The shares I have are in a SIPP. I suppose I need to contact my provider to see if their policies will allow to hold my worthless delisted shares.
If they do not then what is the alternative? Sell them for .2p a pop?
If you have any concerns about the recent vote please report to the following.
AIM Regulation To contact AIM Regulation, please email aimregulation at londonstockexchange dot com or call ....
In case the above gets editored...
http://www.londonstockexchange.com/companies-and-advisors/aim/contact/contact-us.htm
and scroll down
are not allowed to be held in an ISA. So I am not sure what happens after tomorrow's delisting, presumably your broker is forced to withdraw them. I believe if you have share certificates you can hang on and hope to trade them later.
'On 6 June 2018, the Company announced there was a risk that it would not be able to publish its audited financial information for the year to 31 December 2017 by 30 June 2018. It now confirms that this is the case'.
Is this the reason that the new bank called in its loan?
From the RNS on Friday.
Why can't we have Management figures?
What are they hiding?
This is ridiculous to say they can't produce any 'Accounts'
'On 6 June 2018, the Company announced there was a risk that it would not be able to publish its audited financial information for the year to 31 December 2017 by 30 June 2018. It now confirms that this is the case'.