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Interesting perspectives from you guys but if it were me, I would rather earn the respect do whats needed and rise to the challenge and be proved a winner rather than a failure and getting booted out. I suppose she could get booted out further down the line and still get a healthy dropsy after proving the 3 to 1 return on capital invested and making us all a few quid each first. C;mon BOD don't think its her nature to take the easy option and FAIL IMHO
As the company is clearly having a cash flow issue perhaps Rita would be good enough to consider payment in shares. 350k at 0.6p is erm... a lot of shares. actually just shy of 60m, or about 30% of the company. Perhaps she'll then request a GM with a couple of proposed board changes. You really couldn't make this up...
Yes clearly that is the cynical but realistic reason why not, probably. But one would hope that she and the board would buy some if their rhetoric of maximising shareholder value has credence.
Have the board got any options? They typically have a lot (usually massively in the money) that would enable them to quickly get a hefty chunk of the share capital. (I guess I could look at the paperwork) Obviously for RW if she gets booted off she gets $350k - if I was in her position I'd be smiling. Win-win! Why on earth would I waste my own cash to buy shares when I'll get a very handsome reward if I lose?
Robsky - I must admit that I'm surprised and slightly concerned that they've not loaded up at the current price. Can anybody think of a reason why they wouldn't have been able to do so?
Its the BOD and the company should be buying every available share to support the SP and beat SOS's 15% unless they are so confident they can win the vote. we might see a surge north Mr E if they start buying.
Morning Mr E yep same problem no tracking. I also have had no Corporate Actions notification from Share Price :-(. So can't vote as yet ! will they be waiting for NTOG response before they allow the notification to be published ?
The current direction of the SP suggests that 0.06p is quite possible over the next few weeks in the run up to the GM. Maybe get yourself the bargain of the year or maybe its good money after bad? Anybody tempted?
Not sure why the system placed ********** over the company name? Let's try a different variant: TD Direct Investing
All, Please be bothered to Vote, I'd really like to see the actions carried by more than 50% of the share capital. Obviously I have a view on which way I believe is best for myself, the majority of the share holders and the company (in that order), but more importantly you need to vote such that direction is decided by the majority of the share holders. Don't think just because you only hold 1m or even 100k of shares it doesn't matter, they all count and they all add towards the total. Vote Vote Vote.
Voting very easy and FREE for TD ********** customers, about 5 clicks of the mouse and you're done.
For me at least Google finance has stopped tracking MAGP on the 16/06/2017. Is anybody else seeing the same problem?
Probably the MMs making hay as usual.
Anyone know why were dropping off a cliff??.....the current nonsense with the BOD shouldn't effect the Mcap as we have no outcome yet.
Likewise with the Halifax, just registered my votes against resolutions by phone. Took all of 2 mins if that. Dead easy .GLA GandT xx
Just thought you may like to know the following wells have been spud. Bishop North 2-14/11/2H - FEBRUARY 2 2017, Pickle 2-9/4/33H - APRIL 10 2017, Jana 1-3/10H - FEBRUARY 17 2017, Jo Ann 2H-18X - May 20 2017, Jo Ann 3H-18X - May 22 2017, Pauline 1-24/25/36H - May 25 2017, Pauline 2-24/25H - May 26 2017, Pauline 3-24/25H - May 23 2017, Pauline 4-24/25H - May 24 2017, Celesta 2-5-32XH - May 27 2017.
I'm with H&L and Halifax and you can register your vote over the phone. Mine all done, against the resolutions. I'm in the red corner, make sure you all vote!
Very good Mr E. Jokes aside NTOG and SOS could do with reading because this can of worms will not do either Company any good far to much negativity.. Best luck all..
ahh !! fake news , oh well ,made me laugh anyway. Cheers
I phoned barclays they said would email in next couple of days.
Just been told halifax to sent forms shortly. I'm still with Rita as i like the longer term plan rather than a cash shell without seeming direction also pirates of ntog seem very arrogant with shareholders
Stogmot It's a spoof by Mr. English
Eh I think he's kidding lol
Nice to hear ,just interested where this information comes from ,to sooth my nerves. Cheers all .
Mr. English Post recommended