sam i can be shareholder in same manur as like mr oisin fanning said he was. i gess calusjunkie could be to.
On 7 May 2020 Oisin Fanning, Chief Executive of San Leon, agreed to purchase 98,000,000 ordinary shares in San Leon from funds managed by Toscafund Asset Management LLP ("Toscafund") at a price of 21.0 pence per ordinary share. A PDMR notification by Mr Fanning was subsequently announced by the Company on 11 May 2020. The corresponding sale of ordinary shares by Toscafund was announced by the Company on 12 May 2020.
CJ he not inriched all the legal beguls. this one take him to court to get money he owed them.
https://www.legalbusiness.co.uk/blogs/herbert-smith-freehills-sues-client-san-leon-over-500k-legal-bill/
sam i am non holder today but mite go long mite go short mite sit on fence a while anytime now. i make loads from the red lion this year by not being long term punter. now just waitin for sp to hit 38pennies then it mite be time to short for a while. but if it hit 42pennies i mite go long. it easy when a ceo has such a way with words.
good luck sam whatevur how you trade. i go on fact not exagurated press ramp value or jam tomorow hearsay because histury show anouncmunt here only akurate 20percentages of time in last 10 year. lol.
those in the now trade share up down i think there must be a clever team here that make loads doing this for years and years. it not illegal to trade with the red lion and for easy money reasons like mr oising fannings often mistakun statments that power up price and power down price on disupointmunt.
this a trader dream share it aim and aim dont care about stric rules like ft100.
low of last year was just before mr oisin fanning announce his 20 millions share buy which strangly never happen. the red lion was save from plumeting to even big all time low by this mistake announce he make.
look see investur chronic say. Before the deal, San Leon had fallen to a multi-year low of 11p.
the not yet true anouncemunt of mr oisin fanning effeced share price bigtime upwards. of corse it woud a ceo say he has spent 20millions of pounds even if he hadnt yet. so was a good time to buy in. but then the truth come out in rns that no one wood borrow mr. oisin fanning 20 millions pounds. why wood they just google oisin fanning you dont need a credit refurunce aguncy. it all out in the public domain.
here one example i just found THE COMMISSIONERS FOR
HER MAJESTY’S REVENUE AND CUSTOMS v OISIN FANNING
https://www.patrickcannon.net/wp-content/uploads/2020/07/Decision-TC-2018-03634-Oisin-Fanning-9.07.2020.pdf
no dout report like this on investur chronic make share price go upwards for no reason because mr oisin fanning 20 million pounds share wernt paid for because no one give money away to him anymore. but share price still go up. then what happen when everyone told he didnt buy with dec rns. shares go down. easy trade with right timing.
Hefty director purchases are often used by companies as a beacon of confidence in the business, telling potential investors there is belief somewhere in the company. San Leon Energy (SLE) boss Oisin Fanning did much more than that this week: he upped his stake in the oil producer from 1.8 per cent to 24 per cent, at a price of £20.6m.
no he didnt.
bluril for clarety. do you saying it ok by aim rule to say in rns you own somthing when you not paid and dont have monies to pay and it not transfered to you in a legal tax revenue way
i look up this on tr1 stuff.
look see. In determining whether a notification is required, a person’s net holding may be assessed by reference to that person’s holdings at a point in time up to midnight of the day for which the determination is made
12 may 2020 tosca said in officul rns sanctshuned by aim rule. look see.
was informed on 11 May 2020 that funds managed by Toscafund Asset Management LLP held 228,771,927 ordinary shares in the Company, representing 50.85% of the issued share capital of the Company, following the sale of 98,000,000 ordinary shares on 7 May 2020.
i think that not true was it, no mony change hand. mr oisin fanning can not borrow any more money which is what rns 23 dec 2020 was saying.
look see rns say it has taken considerably longer for Mr Fanning to arrange financing than he expected. that mean he didnt buy any share but said he had using aim rule of disclosure in officul rns.
but visitor the rns on 11th may 2020 said mr oisin fanning was alredy owner of share and that the deal had bee done and dusted.
look see. it has been notified that Oisin Fanning, Chief Executive, has purchased a total of 98,000,000 ordinary shares at a price of 21.0 pence per share on 07 May 2020.
three top holders last week
Toscafund Asset Management LLP 330,570,719 73.5%
Midwestern Oil & Gas Co. Ltd. 59,298,536 13.2%
Oisín Fanning 9,495,864 2.11%
Look like tosca selling off slowley slowley so not spook the punters. note mr fanning is still only 2.11% not 24 percentages like he pretended he had last year
In the Netherlands, Amsterdam-headquartered Houthoff has led enforcement efforts against payments to Albania from international oil companies Shell and San Leon, while fellow Dutch firm Florent has made a similar application against payments from Italian oil company Eni.
The District Court of The Hague has upheld the attachment of the Shell payments but lifted those against San Leon and Eni.
https://iclg.com/cdr/arbitration-and-adr/15996-albania-struggle-highlights-investment-enforcement-challenges
not shareholder today. made small loss thinkin the red lion on the upwards. very very worried this is going wrong way away from 45 pennies. very very worried it breach 38pennies and the only way will be going down again.
time to short soon. who nows.
this is intresting post from alrik who menshun 3 qwestshun about mr fannin big share deal at time rns say it happen when it never ever happen then or now.
we are now being asked by trolls to believe that, when our CEO wrote out a cheque for £20m for 90 odd million shares a couple of weeks ago, he a. was having a brainstorm? b. likes buying shares in bad companies? or c. was deliberately misleading the market into thinking that san leon was a screaming buy?
am i right think this didnt happen because no one wouod borrow any monies to mr fannins.
https://www.investorschronicle.co.uk/shares/2020/05/13/san-leon-energy-boss-buys-over-20m-in-shares/
apauling it was announced as alredy happen when it hadnt even happen and never ever happen
make me wonder what it all about and why it even said before it was even real.