The latest Investing Matters Podcast episode featuring financial educator and author Jared Dillian has been released. Listen here.
London South East prides itself on its community spirit, and in order to keep the chat section problem free, we ask all members to follow these simple rules. In these rules, we refer to ourselves as "we", "us", "our". The user of the website is referred to as "you" and "your".
By posting on our share chat boards you are agreeing to the following:
The IP address of all posts is recorded to aid in enforcing these conditions. As a user you agree to any information you have entered being stored in a database. You agree that we have the right to remove, edit, move or close any topic or board at any time should we see fit. You agree that we have the right to remove any post without notice. You agree that we have the right to suspend your account without notice.
Please note some users may not behave properly and may post content that is misleading, untrue or offensive.
It is not possible for us to fully monitor all content all of the time but where we have actually received notice of any content that is potentially misleading, untrue, offensive, unlawful, infringes third party rights or is potentially in breach of these terms and conditions, then we will review such content, decide whether to remove it from this website and act accordingly.
Premium Members are members that have a premium subscription with London South East. You can subscribe here.
London South East does not endorse such members, and posts should not be construed as advice and represent the opinions of the authors, not those of London South East Ltd, or its affiliates.
We desperately need to see some good news to get people buying and the sp moving. Gla.
Buying will commence soon.. no doubt about it.. ;-)
Quite chilled Callum, when it hits 15 I shall be happier as its worth a good punt at that point.
Been here a long time Zag ,chill
It can hit $200 but if there is no oil being produced it makes no difference.
So happy I didn't stick around after the .26 mark, seems that there is still a long way to go before the mystical GOI arrives.
JPMorgan sees oil hitting $125/barrel next year, $150 in 2023"
https://uk.investing.com/news/commodities-news/jpmorgan-sees-oil-hitting-125barrel-next-year-150-in-2023-2522110
Correct towzer, it got discussed here the other day. The shares were previously held in escrow, indeed shame about drop in price recently.
Thanks Espen,
I note as of today Armour (AJQ-ASX) shares are only worth $357,647 at todays close of 0.021 cents (down from 6 cents this time last year due to poor fraccing results! )
The view is this year towzer, as it was specified with quarterly report as being planned in the upcoming (current) q. Same goes for Armour share sales, where it was funnily enough mentioned “December” quarter. So assume in coming weeks before turkey will be in the table for most.
Hopefully the GOI approval comes before the raising so less shares required to be sold. Assuming of course the share price is much higher after the news!
Any ideas on when the raising is scheduled?
Alan, I guess that’ll depend on the price at time of placing, including discount applied. Cap is 25% without approval but in quarterly report they specified a fixed $amt.
So after raising, outstanding shares with be around 6.3B ??
They dont need to be able to attend to vote, but I am sure you are right about being confident the resolutions would pass.
Will we ever get goi ?
As a guess they were unable to attend but given confidence that all resolutions would pass…?
Yes, it did make me wonder, especially as they seem to have voted last year.
Does make you wonder…
Looking at votes cast and abstentions it is obvious that Oilex's biggest shareholder, Republic, do not bother to vote. Surprising. Gka.
Agm results on asx. Unsurprisingly all resolutions passed including capacity to raise with 10% more shares. Exciting. Not. Gla.
Monday another fun day in Oilex history then.
And followed by a raising day after AGM I noticed. Let’s see what Monday brings.
Yes, last year’s rns was nothing but a table with resolution outcome, pretty dull.
Guess the later time was to accommodate Roland via Zoom or whatever. Last year it was at 10 am. Gla.
So they have it late in the day, quick rubber stamp of the resolutions and straight up the pub. Lol.
AGM was 4pm AWST Which was 8am UK time.
;-)
Espen
Twitter a friendly place where there more truth then some other places if u know what I mean ;)
#oex https://t.co/j7u7moCUdR https://twitter.com/2870394/status/1464304838808899592?s=20