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If you decide to hold after June,imho you will find it very hard to find any info on this company ,alone financial accounts
Can anyone advise plz as company will b delisted on 6th June so do I have to sell my shares before that or what will happen if I don't want to sell and go with private company, and if I am allowed to hold on to my shares in pvt ltd company then later on how will I sell my shares and how will I know the value of them at that time, Guys help will be much appreciated
Gambier you wrote "delist gets them out of having to deal with small holder rights ". This is untrue. Do you wish to withdraw this comment before I report you. I also strongly believe that you are only here to deramp this share. Shame.
It delists because major shareholders didn't want to put in offer nor let it go under and be lost to creditors. Delist gets them out of having to deal with small holder rights and allows them to hand over a share of company to creditors to pay debt.
It has $300 of debt and 100 million barrels of 1P at net back of $19 per barrel , 20p is never going to be achieved.
20,p?? the sp was 4p when they announced the news
Hard to say but could get as high as 20p in June before it delists.
Very psychic. What price do you think we will get at end?
Lol I must be psychic
Yes you are correct Charlotte and wonder what happened to the 500k Ask at .93 ?
Think i am going to keep my shares in the new private company LTD, never done that before, worth a laugh as not got a great holding 5k worth, sent an e mail to Hargreaves Lansdowne to see ref how and if they will be able to sell the shares for me and the cost once they become Ltd.
We have rights for 10 years. Drag alongs etc. It's a nightmare for them. The big action will be in the last couple of days. If the sp went up now it would only attract more buyers. There may be a few up spikes to activate stops. Good luck and regards.
Don't think it will bother them
think we all will be as they will not want 1000s of small holders in a private company.
Hope so,I'm out before delistIng
That's what brings everyone to the stock market :p "I WANT MORE"
The only thing keeping me here is greed my average is 0.49
It will happen keep just the faith.
Things for sure the market makers do not want to be left with any shares come July,hoping for bigger volume
Its past any average u can think of, just write it off and sleep tight. Maybe, just maybe, u get it back from someone want to close come June.
What is you avarage?
I won't get much with my average, may as well hope for your miracle.
maybe he sold short already, and trying to close, oh dear, time is ticking
or better still Gambier Sell, and then you will learn for shure
Gambier, you talking nonsense, feels happy now? ;) Watch and learn my dear