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10% rise on google
Good stuff :) hope everyone has voted for on all points already or are planning to attend the meeting
And?????
******edold - rof. It deffo is.
It sure is our MX Oil plc ...
The link not working ....
So try this:
https://beta.companieshouse.gov.uk/company/05311866/filing-history
Are you Stephen mulhern by any chance ;-)
Hi Kentan.
Good try, but Its not our MX Oil plc.
ROF.
It said:
The Board of MX Oil plc has announced a reorganisation of the Company's Share Capital. Shareholders as at the close of business on Friday 7 June 2019 will have their holding consolidated, receiving 1 new share in place of every 100 previously held. The new consolidated Shares are expected on Monday 10 June 2019. Please note we will credit the Shares to your account upon receipt from the registrar which may not be before 8.00am on Monday 10 June 2019.
The Board is also proposing to change the name of the company from MX Oil plc to ADM Energy plc.
We will write to you following the Consolidation and Name Change to confirm how your holding has been affected.
Not a busy month really, just five bits of news and what ever else they are planning. 60p by end of June in new money:))
So in June we have consolidation, name change, full year results, new board member, another lift of crude
in the run up to it, yes, and certainly when it happens.
You then get a stock that doesn't shout "penny stock" at you at first glance, and the name change is for a reason and so the prospects are moved front and centre once we're ADM Energy.
One also might expect to see a positive impact on the SP in the run up to it, although I happen to believe that significant gains are to be made further down the line. Certainly, the opportunity to very significantly de-risk is likely in the coming week or so.
Yes, it reassures us all that the game is on and things are on track.
It also reassures to know that HL are on top of what's happening, so there'll be no hiccoughs their end.
Indeed, but reassuring to get confirmation all the same.
Yep - that matches the RNS on 22nd May: "It is expected that Admission will become effective and that dealings in the New Ordinary Shares will commence on or around 10 June 2019."
I have just had notification from Hargreaves Lansdown that consolidation and name change will happen at the close of business on the 7th June 2019.
Only take the advice of your own rational brain
Agreed with gilo. It's all smoke and mirrors. Nobody knows the timing of anything, and if the line that "we're all talking on Twitter about you have to get in by Wednesday" had any substance at least one person would have come here by now to explain why.
Haha, touched a nerve there thrash?
Nobody is making decisions on that nonsense. Just good to see what the substance to some posts is. That's all.
If you don't want to know then don't read it.
MS
Who cares? If you don’t DYOR then you deserve to get burned. Would you jump off a cliff because someone said it was a good idea???
So no come back on this mystery adviser then? Perhaps it was the Sheik himself. ;-0
Yep, all 3 of them LOL
VM2015 and smoke, have you found out why you were advised to get in before next Wednesday and who gave you that advise?
Not that I'm going to make any investment decision based on it but would be interesting to know why you felt compelled to write this and whether there is any substance to the remark.
Thanks
MS
Well, earlier is an understatement seac. The 3rd of May and reported now, almost a month later....
Just been on another BB where a major holder sold 3.4 percent from 7.4 percent without any TR1s at any point.
Goes to show you that rules about reporting seem to be quite 'flexible'.
MS