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this will fly up like Echo and we can get our damn money back.
towards the end of the blog......https://soundcloud.com/doc-h-4/dlc-26-2-danny-darko-calls-it
Strange this is suspended and two trades showing on ADVFN today?
I'm actually of the opinion that if either of them has broken, its actually a good thing. I wasn't a fan of the deal anyway. Especially the SOU deal. Hopefully, we'll see a placing or something like that instead of issuing shares to SOU/PVE holders. Does anyone else agree, that would be a much better outcome?
Sorry no ding = binding
I find this all rather odd. There were no ding agreements already in place, so one or both of these agreements with sound or pvo has been potentially broken it would seem... have to wait in suspenders until morning. 7am RNS I reckon . It could be cold till then!
I do hope bad news on Italy resources is not going to be covered up by Far East play. ------------ We've already had the bad news, hopefully. The reserves downgrade. Don't worry though, the CEO says this doesn't matter as its just a paper excise (what the actual ****?!). They will update on both I assume at the same time. You can see from the last RNS, that is their intention. Will only be bad news if PVE assets are being pulled. It will actually be good news if the dog Sound folio is given the boot. Maybe the are going to re-think giving Sound energy holders shares? Again, that would be GOOD news. The only real downside I can see (naively, maybe) is if PVE shares get pulled from the deal. But then if that happens, then we don't get diluted and therefore even that, could be GOOD news... Make sense?
So no later than 2mrw eod but my guess would be pre-opening.................. "A further announcement will be made as soon as possible but in any event, no later than Tuesday 27 February, when the Company intends to update investors on its activities in South East Asia and the proposed acquisitions of SEHIL and PVO." I do hope bad news on Italy resources is not going to be covered up by Far East play.
Absolute fiasco. I just hope and pray its the sound assets getting the boot and not PVE assets.
Draft, you are either shite with arithmetic or shite with the truth. I�m edging towards both, at the moment. Gemstar, you are obviously an intellectual colossus. Please keep posting your erudition.
"As the Company is not yet in a position to give details of a termination agreement in respect to that element of the transaction that is in the process of negotiation," Why is there negotiation at this point ? Done & dusted apart from PVO dotting the i's. You'd expect the temporary suspension to be lifted after the announcement by Tuesday but not definite. Will the rules of the game change ?
Yup, and now you have been offered a leap into the unknown With helmsman Masterman gone AWOL
share is Enron, f'ing fiasco so far, im like 70% down.
Ha,ha,ha Sure you do
gemstar, you should leave well alone then and leave to those of us that do understand......
Not clear to me why SRON should be fooling around in Indonesia The mountains are high, and the emperor is far away.
It would be better if we didn't proceed with the Sound assets. Their best prospect- Laura- cannot proceed until there is legislation change in Italy.
Fair enough ...as a pxog holder I wouldn't of been happy about it, if that were the case ..thanks
I don't think there's any substance to the PXOG suggestion. The RNS yesterday refers to "a fundamental change to an element of the transaction". PXOG was never an element of the proposed transaction
If they aren�t in well that means a larger slice of the Asian pie for the rest of us, imo. Well that�s one way to look at it anyway...
Rumour on pxog board and twitter that sron want to buy out their 17% of Italy license but no idea if any truth in it ? aimho etc etc.
I agree, taken fro recent RNS........ The Company has received an irrevocable undertaking from Po Valley Energy, which holds 50 per cent. of the Company's Ordinary Shares, to vote in favour of the resolutions. Should Shareholders pass the requisite resolutions and, subject to the satisfaction of certain other conditions, admission of the enlarged Group is expected to take place on or around 9 April 2018..... Maybe there is a big deal that needs to be announced..
...really needs to liven up! The shares are suspended pending an announcement and there are hardly any posts, I find that strange. I think it will be very different in a few months time...
Nick, as. Sound holder I would probably agree that our Italian assets, which could be reasonably valuable, will take far too long to develop for the effort. My hope would be that the new Asian assets would dwarf them and get there first! However, the strings will have been pulled by James Parsons....that is what Sron gets out of this. No way will Sound not be involved, imo.
Speculating is fun, this is a chat board, after all. Fwiw I think Po are out, but makes little difference, just a small hurdle to jump. What is of real interest is what they will announce in Asia, I will be a holdermby virtue of Sound Energy, but have funds set aside to invest, just been waiting for the dust to settle. Think I waited a little too long...!