Ben Richardson, CEO at SulNOx, confident they can cost-effectively decarbonise commercial shipping. Watch the video here.
RBMinvest 'Same new source confirms that Anavio being forced into a corner. Clocks ticking, FCA scrutinising and they need a way out….'
That is great news. I feel that Toscafund have sold to get away from what is happening, I don't think that was part of their plan, but now they want out......maybe. If PIs bought the shares then our percentage for the class action has increased. RBM, do you have an idea of the percentage PIs currently hold?
RBMinvest's post yesterday: 'Huge week coming up. Huge.
Should be in a position to share more tomorrow.'
Maybe news from RBM today then, and a huge week.....are you ready? For better or for worse I increased my holding last week, and I am sure others did too.
SteveV: 'The new CEO has no interest in shareholders.'
As I said yesterday morning, Kravitz is a director and has a duty to act in the interests of all the shareholders. If he does not, the Shareholder Group may add him to the class action, and he will know that. I would hope that he will tread very carefully and if the assets are huge as we were told with an independent report, then this will come out.
'· COPL plans to drill one horizontal Frontier 1 well and two horizontal Frontier 2 wells as part of its 2022-23 drilling campaign commencing in Q4 2022 with two of the horizontals offsetting the 14-30V discovery well drilled in Q3 2021. '
So were these drilled and confidential?
Keep them coming, he is not walking away. https://www.justgiving.com/page/ryan-gaffney-1692272600856
Thanks, RBM, looking forward to an interesting week!
With regard to Kravitz, let's hope that he has no wish to help Anavio etc. He is a director, our CEO, and as such he has to act in the interests of ALL shareholders. I am sure he will not want to be added to the class action, which he must be aware of, and so will be careful to look after us PIs. He can't only favour Summit, he has taken on a role which has definite obligations.
Gaffney going is great news, he was too connected to the dilution plans, too complicit, and he should not think leaving is the end of it for him, there are so many after him because he has brought us to this point. And Toscafund selling up this week too. So are they all back pedalling? Are we sinking or are we a phoenix? I'd go with the latter! The market should like this news.
Lloydy1066, this news needs it's own thread! Good find!
https://www.marketscreener.com/quote/stock/CANADIAN-OVERSEAS-PETROLE-46923061/news/Canadian-Overseas-Petroleum-Limited-Announces-Departure-of-Ryan-Gaffney-as-Chief-Financial-Officer-45926818/
Sharebel, yes, there must be something happening. 30 days from the mention of the plan is tomorrow, so maybe we will hear. I think they will get an extension from the SL, Anavio and others hold too many shares to let this fail.
By the way, do you mean a 180 turn around?
'Crystallised losses are just that, easily calculated. Not sure I understand, or does that answer your question?'
RBM....As at today, nobody could have bought lower, everyone that purchased before the middle of today is on a loss! However, as you say, anyone who has sold has crystallised their loss so it is easy to calculate. I haven't actually lost 147k, because I have not sold one share, but my investment is now worth very little so a massive uncrystallised loss, but small compared to some of the SHG I am sure.
'That's probably because some either rely on pure luck or fall in love with share ending up going with belief - both processes get you detached from fundamentals (as well as some other items from investment checklist) and in most cases tend to ruin your capital.'
YuriF.......totally wrong in this case, investors relied on information supplied by the company via a regulated source, RNS, and invested using that info. As that info turns out to be possibly false, it is nothing like your suggestions.