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ayone know of any other all or nothing shares like this one?
Still here... I will go down with the ship :) or be rewarded well if they pull through! Max is worth far more than 0.16p if they get the deal through. They were trading at 2p when oil was $52 dollars, nothing fundamental has changed within max, or discoveries or bopd since then... Just the price of oil has dipped, and we need renegociate our bank terms and get the AGR investment as was still the case when trading at 2p, oil will rise to over $100 a barrel again at some point imo, which would leave us with a very small market cap, increasing bopd, and room for a share price rise, with bank terms based on sub $50 prices. All or nothing here, RNS 7am tommorow could be either way, hold onto your hats!
Your still here matey, your a stalwart, max are in a mess, they need every bit of luck to get out of this one, tough call but good luck
Well elaborated logical2010. Fingers crossed.
Could be good news given the wait. Or equally bad news as they are wrapping up the business to hand to the recievers. Still very dodgy here. Silence and no news has never been our friend with max. But must admit, i am feeling slightly more positive, tax bill due on 5th, so one has to think if there was nothing being discussed regards a plan to save the business, then we would of heard by now and max would of been put in admin. Could easily see a 700% rise once relisted, with a new bank facilty based on very low oil prices (bodes well for future increase) and investment from AGR then a strategy of what they plan to do with the money, if they get nur-1 back on the table we could be looking at 5p within 18months imo
Spot on Coggy. I have a feeling this long silence is going to give birth to THE MOTHER OF ALL RNS(s), however I am prepared for the worst scenario as well, and I give this a 0.00000001 chance of that happening given this long silence. It think it was easy to give the BAD news if they had any given that they had warned us several times that the consequences will be negative for all stakeholders in the Company if the ongoing discussions are not fruitful. Fingers crossed. Good morning all.
The crunch thing is survival. If they pull this off, with a deal that works for everyone, then the only way is up. Let's face it, the SP can't get any lower.
That would be LOVELY.
If survival is confirmed, I see 10p in eighteen months. :)
And a share price of 10p......Well we can all dream
Friday the 13th. Now for a nice juicy RNS on Monday morning reporting that all finances have been re-structured and that the company is a viable operation at $45 a barrel.
Oh God, i hadnt realised that, better keep everything crossed
If ever there was a day to deliver bad news, you couldn't pick a better one than Friday the 13th! If we get through today, it will be another positive step imo.
Definition of protracted ,I like the bit about the mother in law !
PROTRACTED Pronunciation (US): Dictionary entry overview: What does protracted mean? • PROTRACTED (adjective) The adjective PROTRACTED has 1 sense: 1. relatively long in duration; tediously protracted Familiarity information: PROTRACTED used as an adjective is very rare. Dictionary entry details • PROTRACTED (adjective) Sense 1 protracted [BACK TO TOP] Meaning: Relatively long in duration; tediously protracted Synonyms: drawn-out; extended; lengthy; prolonged; protracted Context examples: a drawn-out argument / an extended discussion / a lengthy visit from her mother-in-law / a prolonged and bitter struggle / protracted negotiations Similar: long (primarily temporal sense; being or indicating a relatively great or greater than average duration or passage of time or a duration as specified)
Tax bill due on 5th march.. Can only hope something has been agreed.
MrC, that's the million dollar question? Quiet as the grave just now. Over a month ago, according to the RNS, there was "only a short time available" to sort out a deal... since then, suspension, and nothing! On the premise no news is good news, we are hoping for the best, but temper that with the possibility of an impending Admin RNS too? 50/50. GLA.
Best of luck to you pal, im just starting out and this is my first punt, there aint the cash in print there used to be so gotta see where else to find some cash.
To this share?
And yes, certainly more exciting than printing :)
You got to be in it to win it. I've lost an absolute fortune on AIM since 2010. Slowly, but slowly clawing it back and am now cash positive. This little gamble will be a real treat if comes off. If it goes t*ts up, que sera, I'll live to fight another day :)
****in hell Coggy, if this works out it's caviar and champagne for you init.
Just a little punt then ,
It didnt cost me that much at my entry sp
You have £34.8k tied up in here?