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The spike seems to have let a few out.. the debt holders will be ok shareholders will get shafted. Will be a rush to get out. Been here before a suspension then never return... if we get beer money back on monday it will be a bonus .
Can you see how much is left
What you expecting? And how soon. This is great for new investors. Cash is hard to get hold of
Rather than moaning about the past. Why dont you get the news out on twitter and other SM that we are trading below cash. That way atleast you get some volume. The higher the price prior to a deal the better. Also there is no better time to average down then below cash value !! Chin up great opportunity here for a rerate. Search #ORM on twitter there is some noise.
Hi guys how have you managed to get 7% ? Is there a group or email chain I can join
Been away from this for a while may get back in , what is the cash position now ? also what is happing in Egypt have they managed to flow any oil yet. When can we expect the money for the pull out of the licenses
great start today - lets get back to cash at least this month ...... I would love to be able to see level 2 trade book for this - does anyone have it ???
not sure why this is below cash value but I wont complain :-)
this could move very FAST !!!!
What news is in public and where do i find it. ??
What is the link to pvr ??
we need Something this side of the new year, either buyback, acquisition or a positive update on well 8. I get the feeling the buyback will be used after good or bad news.. to either save the share price or take it to the next level. The 250/ 500 K buys look interesting though. Also anyone have any more info on the LRL deal ???
why???? this may be the reason why the share price is lower here then SA ???? SacOil shareholders should note that the Rights Offer is not being made into the United Kingdom and holders of SacOil depository interests, as traded on AIM, are not able to subscribe for shares pursuant to this transaction. seems a bit odd ????
thank you for your response, i know what a RNS is. i am a little confused about the expected basic earnings per share and what this mean in the case of Sacoil
i hope someone can help here. I am a little embarrassed to ask what does the RNS mean, And how come there was such a big swing? And I will go home tonight and learn about it LOL thank you in advance
i was told that the placing will be at a fixed price in rand regardless of the current sp, exchange rate and mm - as this was the only way that pic/ sa pension fund would agree to it ??
with the current exchange rate what will the price for the placing on aim? i make it 2p which does not sound right. also could the rand swing and make a diffrence if we are buying on Aim ?
Hope your well? what’s your view on all the new shares? I think it’s the best they could have done. i worry that there will just be so many shares in issue – maybe a quick consolidation to follow !! Are you going to go for your full entitlement – also can we have faith in the new board, following the previous issues? The first real assted to go into production will still be over 3 years away, a very long time on AIM. Interested in your views
So we will get the option of 1 share for every one we own at 1.75p? what is the likely effect on the share price when the new shares are created? With an average of 2.4p is it better to hold and not throw more money at this? Will anyone be taking out the options? What do you think the sp will be in the after the relisting ? is there any hope they will produce oil in the next 12 months? all views welcome
thanks whats you view on it? massive amount of shares issed but also a lot of cash that shoudl go into the bank. how will the market react ?