The latest Investing Matters Podcast with Jean Roche, Co-Manager of Schroder UK Mid Cap Investment Trust has just been released. Listen here.
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Malcy refers to the sale process. does he know that that the company is up for sale ,or does he refer to the sale of the oil we are pumping ?
looking at arrow oil, market cap £35mill, 'aiming for 3000 bopd in 18 months time, no gas ... sdx loads of gas getting to 3000bopd additionally and a market cap of £17mill..... somethings wrong here , I have loads of these
LuckCounts
SP when we know we are on target - later this year?
Luck, my feelings are almost identical.
After holding for so many years I am simply not going to jump ship. No matter how inept these execs are.
I expect we will see another 150,000 but today. Has been for two days in a row
I think it should be taken private. Then they could slash G&A and run down the assets.
They don’t need to go private to do that
"Nothing much to add here but to say that bringing the extra rig on is definitely good news for revenues in the short to medium term. What it does for the sale process is more difficult to judge…".
What sale process is Malcy referring to above, is he suggesting the company is up for sale?
Actually they do need to go private to do some of it. In 2021 SDX spent $634,000 in public company fees and $503,000 on consultants, including PR & IR.
Your suggestion was to to liquidate the assets and run down the company ,paying off the shareholders.End of company so no more fees .
Liquidating the assets means finding a buyer. I am sure there will be a few running rule over SDX.
Also, please vote not to e-elect Box and Reid at the AGM. We have until the 9th of June to register our votes. I have a lot of shares, but not in the context of Waha. You never know how they will vote, so please, use your votes fellow owners.
Well I see shares being sold for nothing again. Where's the buyback to support the sp.
It’s up to us who know the value.The seller is tactical to try and disillusion us.
share buy back starts when they receive the funds from sale of south disque in H2.. that's what the rns says,
Just bought a big amount at 10.15. Should soak up some of those sells.
Congrats on your 24 shares !
I had better buy some this afternoon then !
Thanks. seriously though I just can't bring myself to buy any shares and average down as I don't have any faith in these guys.
Have they moved this up on opening. Must be a uncrossed trade. Strange. Will look in later
Hmmm. Could be a rns coming. MM moving it up.
Tenaz energy corp announced agreement to acquire shares of SDX Energy in full valuing Sdx at $34.3 mm according to Reuters
that is about 13p if my math is correct
Hope this is not a takeover. As a shareholder we have been shafted.
I cant find that story... do you have a link to it ?