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Tick up... I stand by my 14p topslice / sell target on sale news.
Another price monitoring extension? RNS incoming imo...
607 actually but LSE had a fit when posting...
2 x price monitoring extensions?
no idea
602?
602?
Yep......mate
hawk... its on the move....
Yep......mate
hawk... its on the move....
hawk... its on the move....
Not really - just sense prevailing and people positioning EARLY for the sale. imo.
Please keep it down I want one final top up today at some point!
Something happening now? 6.8 paid.
Under the radar - Yup... happy to build and hold here...
Looks that way fella....
Starting to think its worth more than $10m to the bidders... imo. Sitting tight here.
24m Total barrels. Wasn't economical at the time... ( $38.21 per bbl before discounts as at 31 December 2015.)
19.7m barrels in the Acreage PROVED in 2015? Licence until 2025.
No wonder lots of interested parties.
Looks like on the books value is around $10m - probably mis-reading it. Only 2.4x the mcap then (just for this?). + circa $14m cash?
£3m mcap.
From results:
"This preservation of its liquidity and capital resources should continue to attract acquisition and merger opportunities that will benefit from its current asset base along with its established management team and business processes.Careful evaluation of these opportunities will allow the Group to identify the prospects which offer operating activities which can be combined with our existing assets and management team to create revenue growth potential and lead to increased value for our shareholders."
Bought another just under £1k.Going to sit back relax and wait for sale now. GL.
It only took them 2 months to sell LLanos back in 2014 - $50m cash?
The disposal of the Llanos Assets was effected by the sale of the entire issued share capital of the Company's wholly owned subsidiary, Colombia Energy Development Company ("CEDCO") to the Purchaser (the "Transaction").  CEDCO held only the assets and liabilities relating to the Llanos Assets. The gross consideration for the sale of the Llanos Assets was US$50 million in cash, net of approximately US$1.0 million, adjusted for CEDCO operating income received and capital expenditures spent by Global during the period between the effective date, which for the purposes of the Transaction was set at 1 August 2014, and the closing date
I cant comment ;) But this one is one of the exception imo.
And here come the panic sellers... ffs hold for more than a day with this news!
Someone sold via NT at 6.2? I was getting 6.8 live to sell at the time. Dur. Never mind as I say... sale = cash. MCAP here currently LESS than cash.
Back at end of day will see where price is!
yup. Very nice. Spread tightened now... as I said... one to hold until next news. imo. dyor etc etc.