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Flip side of the coin
If placee is not a dumper and holds the shares..
Then what Scarlet?
8p or 10p take your pick
Have made multiple 'final' top ups the past week including this morning again.
Just waiting for the news now
H1 on-stream
H2 stabilised
Gas prices strengthening
Bonds further extended
Gas sales payment for last month - balance £17m
Should bounce back to flat or blue later
1st thing Monday yes.
After 10-11am probably get suspension lifted
Could do with a big name TR-1 announcement
Expect fireworks Monday
They'll try a dip to shake you out early doors before it goes to the moon
H2 - close the valve a little each month and release flow results. No comment other than to confirm there's no water cut, just good quality dry gas. But it drops 5-8 mmscf day each month of production. Was at 42mm, above projected at 1st. Coming down to half in 2 months..
Flowing similar to initial restricted flow when they left the valve closed. When a £10m drill was successfully completed but then the £1m pounds a week drill team left a valve closed and then sailed away before testing and opening it. They had to wait 2 weeks for someone to come back and do it.
Crash the SP each month until the derisory takeover offer looks like a Godsend and the assets and infrastructure can be taken away for debt plus c. £25m
Around £110m all in.
Southwark testing was all wrong, the results released are not acceptable by Oil and Gas consultant. In simple terms You wouldn't use that pressure and that small pipe to test the flow.
So someone is hiding the real flow results and all the gas that's in place there.
They've never told you it's shut and abandoned remember..
The huge flare seen on satellite images during testing was just.. A reflection of the sun...
Final top up made today. Now sit and wait
Added some more this morning
4.5 to 5p target remains
Added to holding today.
Should start to see a move up in the next few days.
Good Afternoon,
I write in relation to the suspension of AMTE Power listed on the AIM market which was suspended yesterday morning 13th September.
Please can you advise the time-line to lift suspension? Also, what is the LSE waiting for and from whom to be satisfied for the stock to resume trading?
I understand many investors have purchased fully paid shares on the open market, including myself, and am unclear as to why my shares are not able to trade freely.
I appreciate your time responding and look forward to hearing from you soon.
Yours sincerely
Same as with others. No other information currently available, however, to send an email for more info to marketsupervisionenquiries@lseg.com
Which I have done. And you should too.
Want to know why, when, whom, etc. Just ask.
The more the better. Copy in AMTE too if you like.
If I'm the wrong side of a trade the stock doesn't get suspended for me
So it shouldn't do for anyone else either. Demand fair practice. It's always stacked against PI, stand up this time to say no.
If they were going to be let off the hook why did LSE screw them by suspending. They could have just ignored like they mostly do
Guaranteed those who are caught offside are making calls to get off the hook.
Whole those who have done nothing wrong (most peeps on here) are sat around waiting for something to give and hoping they don't get screwed
Don't just hope. Let the supervisor know you exist and are watching for updates. Simply call and ask why you're suspended from your shares you bought and why someone else's actions have left you in limbo. And when it will be unsuspended.
Asking the question doesn't hurt and let's them know you're there watching so they don't take the brokers side to let them off the hook.
The broker makes millions a week and screws you every chance they get, don't worry. They can afford the hit. Can you?
Any queries on this Notice should be addressed to Market Supervision, Market Regulation, telephone +44 (0)20 7797 3666 (STX 33666) option 2.
That's basically pretty accurate bullinachina
10s of millions of shares sold since perhaps in the 9's which haven't been issued yet (they're subject to approval at the GM)
Now the LSE market supervisor has pulled them up on it they'll have to settle their positions. Mostly likely BEFORE any large amount of shares hit the market.
Now try buying back 10s of millions of shares against the current issued share capital and see where the SP goes 😉
Market is watching here to ensure that the market supervisor doesn't enable dodgy brokers to profit to the detriment of regular PI. Needs to be unsuspended and how they buy and settle is up to them. They should NOT be protected from their actions by the regulator.
Write an email or call the number in the RNS to demand suspension is lifted. Why are you paying for someone else's actions. You bought shares on the open market legally and you're not suspended, why?
Don't wait for someone else to do it for you. Call now. Email now. The company, LSE, FCA. Everyone.
The company has the broker by the balls now. They could say actually 1.7p was too low, you squeezed us. Make it 8p for £4m quid and we'll issue the shares for you at that price
We reckon 8p or 12p day after suspension?
1st day likely to be 5p to 6p isn't it
Many times.
And it will get very interesting, let it play out.
When it comes out of suspension you'll see them try to keep a lid on it. Pretend it's just trading along at 2.2p
Then someone will break rank and start buying aggressively and all hell will break loose.
6p should be easy. Could see 8p or 10p even. Too many shares to cover and they're stuffed. Someone pulled them up on their little game and now they're fecked
Probably see 200% Day 1
And another 50% Day 2
Sorry for those who forward sold. You're gonna get a bloody nose here.
Another poor RNS. Another heavy red day coming.
Hold onto your sanitary pads people. It's gonna get ugly
Riveting stuff
Waiting for a nice red day to double my holding. All or nothing. Let's go.
If it goes, great. If it drops, great.
Happy either way. I can wait as long as the MM's and the crooks.
Southwark, no gas 😜
We tested it legit. Do you have proof.
Trust me bro.