Member Info for barnyards

anybody else think the 3m trade was actually a Buy??

in short NO

it was simply a TRADE where someone was buying from someone who was selling or if you prefer it the other way round it was someone selling to someone who was buying.

buy and sell flags are misleading and irrelevant in the grand scheme of things as it is simply an algorithm tagging any trade below the mid price as a sell and any trade above the mid price as a buy.

as a case in point I sold some shares earlier today in another stock and my trade was flagged as a buy (in both LSE and ADVFN) because the price I sold at was above the bid and ask mid point at time of execution so unless you are watching the trades in real time or are the executioner/owner of the trade then the flags are best ignored.

Tony, well done for at least trying to eek out an answer however here's the thing that really gets my goat with some of these listed companies (as a private investor, albeit not necessarily in here) in that they are allowed a ridiculous 6 or 9 and in some cases 12 months to release their annual accounts.

BIG companies with tens of thousands the amount of all sorts of things and arms going on at a global level that small listed companies don't have yet they have to pull everything together and declare within 3 months tops.

OK some will say big companies have a huge team to do the admin work in comparison, however that argument is not relevant as even the smallest company (even sole traders or individuals) will know whats what with the books at any given time.

I used to work for the second largest global company in its sector and the books had to be completed and submitted and all rolled up into the global level within 2 days of each end of month with quarterly reports getting 3 days to complete and full year getting 5 days so there is no logic why companies should be allowed 6, 9, 12 months to lodge their reports.

as a potential investor you would want to know what you are investing in, in near real time, not investing in something you have to wait for 6 or 7 months or longer to find out what its balance sheet looks like.

to me the reporting timescales are a joke but that's the AIM for you, its all smoke and mirrors and in essence its flip of a coin stuff.

for 5 years of the ferrets reign and in that time he will have managed to pocket on average almost £1 million a year in cash and nearly 4 million nil cost shares !!!

meanwhile back in the real world ...

daily production has dropped and ordinary shareholders have seen their investment all but wiped out ...

tough life being at the top huh

just the 2,087,756 NIL COST options awarded to JF last year it is then on top of his £824,000 remuneration package

with only 3,769,595 available for exercising its going to be a tough old world at the top for some huh :-)

Value Creation Plan (“VCP”) awards granted/vested in 2019 (audited)
As a result of the Company’s strong TSR performance of 117% in the period from December 2016 to the second measurement date in April 2019, the maximum number of nil-cost options have been awarded to participants. However, as the CEO and CFO already received 1,681,839 nil-cost options each at the first measurement date in May 2018, they could only receive 2,087,756 and 1,565,817 nil-cost options respectively due to the cap in place. The total number of nil-cost options received by the CEO and former CFO is therefore 3,769,595 and 3,247,656 respectively. No further nil-cost options can be awarded under the plan rules. Sustained TSR performance will be tested at the third measurement date in April 2020 to determine whether a proportion of the nil-cost options will vest and become exercisable. This will be subject to disclosure at that time and in the next Annual Report on Remuneration.

are asking questions about CEO or CFO remuneration, they perhaps need to question remuneration of the NED's as well given how many actual hours they put into the company attending a few meetings per year

take your man Jaap for instance, the highest paid of the lot @ £180k a year for what exactly ?

is his time split equally amongst the 3 different companies he is engaged and 'work's for

remuneration is a joke for some of the pigs at the trough !!!

and so Ian,

the only 'performance' measurement is that you need to stay in the seat long enough to get your hands on them and sell them ?

yes that absolutely correct and I'm already looking forward to more of the same next year :-)

so Ian, nothing to do with 733,871 NIL COST shares awarded for a performance period where you wasn't in the hot seat then ?

nope not at all - honest guv :-)

'the Annual Report is now available on the Company's website'

except its not !!

still just the glossy presentation which has been there since 23rd April, alas that doesn't go into the level of detail required to see exactly how much the incompetent one managed to trough last year

what no 'endless selling' today ?

maybe the whining old ships cook will be better pleased

4 and a bit to 1 in favour of buys v sells on a pretty normal volume day by all accounts and with oil price continuing its recovery and SP consolidating nicely around the £10 mark - whats not to like

steady as she goes cap'n :-)

''better to remain silent and be thought a fool than to speak and to remove all reasonable doubt''

300p STRONG BUY

DYOR

300p STRONG BUY from this ever positive clown says it all

I thought for some of our nervous newcomers

https://www.youtube.com/watch?v=wbR8uOQsEV0

nice and steady as she goes cap'n :-)

endless selling ?

I'd hardly call 7,500 odd sells versus 8,700 odd buys so far today as endless selling

endless nonsense more like :-)

cue the ferocious ferret and the clapped out alfa male for more rookie group think abuse (insert giant face palm emoji)

steady as she goes cap'n

looks like they have dimmed the lights and gone on a cold stack care & maintenance program :-)

if BP pay a Q2 dividend (whether partially or in full) then for the vast majority (Pension Funds, Institutional Investors, HNWI) it will be a nice brucie bonus as some of us are positioned here for the recovery play back into the mid to high 400's without looking at a trading screen all day long trying to scratch around for a penny here or a penny there living.

nowadays I find it far easier to let the market do the work for you and besides even during lock down I've got much better things to do with my day than p*ss around on a screen trading shares for smarties

steady as she blows cap'n :-)

1. TRUE break even is nearer $28-$29 per barrel as per Toscana's latest financials
AND ...
2. Canadian Oil doesn't trade anywhere near US crude prices as you can see from the following link

https://oilprice.com/oil-price-charts

I think most long term shareholders would much prefer that managements immediate focus to be on solving their current ongoing UK operational and financing issues rather than bouncing about across the pond to save a company that was in all probability (and for good reasons when one is producing at a loss and one cannot service ones debts) heading for insolvency pretty darn quick without some mugs interventions

alas blood is thicker than water and good economics go out the window :)

OR you could quite easily have bought some for 50p upon admission back in 2016...

anyway, I do believe the originators comparison was being made on a 2020 YTD basis, therefore in the spirit that the post was intended the lowest the SP has been in this period is 426.3p which was on 19th March 2020 for a trade of 265 shares made @ 08:01:53 hrs

ergo anyone implying that they have bought at a price that is less than the lowest selling price of the year to date with spreads typically ranging anywhere between 2 - 3% on a good day and 10 - 15% or more on a bad day is FULL OF IT...

you get my drift...

makes me wonder what some people are popping or smoking during this lock down... :-)

I wouldn't let anyone try and sway you differently into thinking that there are NO potential PI traps when investing in an AIM shell so perhaps you should take your own pick of the RISK V REWARD from any of the officially listed 'potentials' below

********************************************************************************************************
AIM Rule 15

Upon Completion, expected later today, the Company will become an AIM Rule 15 cash shell and, as such, is required to make an acquisition or acquisitions which constitutes a reverse takeover under AIM Rule 14 (including seeking re-admission under the AIM Rules for Companies) within six months from this date. Alternatively, within such time period, the Company can seek to become an investing company pursuant to AIM Rule 8 (which requires, inter alia, the raising of at least £6 million and the publication of an admission document). In the event that the Company does not complete a reverse takeover under AIM Rule 14 within such six month period or seek re-admission to trading on AIM as an investing company pursuant to AIM Rule 8, the Company's Ordinary Shares would then be suspended from trading on AIM pursuant to AIM Rule 40. Admission to trading on AIM would be cancelled six months from the date of suspension should the reason for the suspension not have been rectified.

With the consideration received from Zenith for the disposal of AAOGC, the Company has sufficient resources for at least the next five months.
********************************************************************************************************

of particular interest is the bit at the very end where they mention they have sufficient funds for the next 5 months knowing full well that they only have 6 months to pull off a deal or get suspended

anyway at .5p it might be worth a punt with some beer money for the chance of a trading bag or two but I certainly wouldn't be risking any more than you can afford to kiss a complete goodbye to in the event that it all goes pete tong (always a risk of no deal despite what the cheerleaders might tell you) and especially when there are much safer oil plays out there in this depressed priced oil market and nor would I hold up much hope for all those double digit pension pot subscribers from days of old getting their money back anytime soon if at all

anyway best of luck whatever YOU decide

''I bought some at £4.25''

LOL of course you did (insert face palm emoji)

''20 million is incredibly low and again misleading''

alas it's no more misleading than your altered ego's 150 million swallows

I'm afraid there is only one boiler room that operates on the rocky forums and its got to be the quartet of para abnormal twitchers that funnily enough keep on promoting all their synchronised jam tomorrow bullsh*t as FACTS

simples :)