RE: Thoughts on the RNS4 Jul 2018 21:03
Agreed Yanis, think this is a misunderstood Loan/Repo/SellBuyback transaction.
I wonder what JT received in Exchange for the shares as most Electronic trade settlements have Stock/Shares going in one direction and cash going the opposite way Simultaneously, so as to avoid risk to either party.
If America2030 have sold those shares they would have traded with a MM/Broker who before having them as a client would have had to do a KYC/Due Diligence checks etc.
All checkable (if needed).
I think this is probably all ok, and has nothing to do with ANGUS day-to-day oil business other than a major shareholder has reduced their holdings %.
If a problem, its JT's NOT Angus's.