Member Info for DKOKS

Reaching out to hear people experience.

I had placed an order for BOIL early June (qty: 5M) and about 20% was executed before the name change last week. My broker cancelled the remainder of the order and want me to place a new order thereby paying execution fee etc twice, and blowing out the average price of executed order.

I expected that the remainder of the order would continue but in the new name, and not have to place a new order.

Is this the way it happens when a name change or is it just my broker?

Was the dividend not due 22 May?

I have still not received the payment and was wondering if other people is also waiting for the payment.

Thanks Corryvreckan1

Anyone knows how we will be notified of the dividend this month by Prax, or do we just have to wait till it hits the account?

Anyone aware how we will be notified of the DCU payments, except it lands in the account?

Not that I am holding my breath that we will get the payment.

Has anyone dealt with JP Jenkins before and how it works?

To me, it's all new with JPJ and how it works with my broker. At my broker I can see PRAX and my holding is the same (1 share = 1 DCU).

I understand its a matching service and I guess that why there is no price. I guess the 1.77 on the site (JPJ - Our Companies) represent the net price when it crossed from HUR to PRAX. Is there a place to find the last matched price?

Received the HUR dividend but also missing the 0.0083p.

Any idea when it is supposed to be paid?

When is the 6.02 dividend being paid? Is it 14 or 22 June, or is still not decided?

Thanks Picsmaister;

I agree the deal scheme is way to complex and is constructed by Prax/Maris not to pay. Maris is so happy that he has f**ked the shareholders and is paid a bucket load, for doing nothing.

Thanks Senseman for your insight and fight for the little shareholders for the last few years.

Does anyone know how the DCUs will be quoted on the trading accounts as I expect that HUR will be delisted?

So will the price go up or down if a YES or NO vote?

Thanks dflynch; meant to say AIM but wishful thinking for FTSE

Just for my clarification.
If the General Meeting tomorrow 4th May gets more than 75% of the votes, will the deal then go thru and we will get the 6.02p dividend payout sometime and HUR will not trade on FTSE anymore; or do HUR continue to trade until it has been approved by a judge?
I cannot vote as I as I live in Belgium, but I hope it will be be a fat NO.

Does anyone know if the DCUs can be traded or are you locked in?
Still hope that the NO vote will prevail.

Agree, and Maris is rubbing his little sausage hands, big payout and f**king the LTHs (again).

You can add my 4,210,000 for the NO vote

You can add my 4,210,000 to the NO vote.
Give me 10p now and I am out of this disaster share.
Worst BOD I have encountered and a CEO who is completely incompetent.

GloucesterR good post, but you say the potential future cashflow equates to 42p ($130m (cash) + $250m tax credits equates to 17p, add future P6 production of another 10p to June 2024 (with p6 risk) and Lancaster field value (p8 NAV $250m). adds another 15p into the mix.)
How is 12p then a reasonable offer?

I find the RNS disappointing; The result was predictable, nothing changed. I was looking for a forward plan and how we can move this one-well company ahead, and really create shareholder value. What is the BOD doing, they have had 6 months and there is no future plan, this is becoming more risky by the day. What is Maris role, CEO or COO; he acts more like someone who wants to maintain status quo rather than a strategy for the company. But why should he care about shareholders, that is not his focus; just a cash cow while not having to do any work.
The sp will not go anywhere unless the BOD gets their act together and start doing some real work.
Will see in 6 months; I bet the sp will only have moved with the price of oil.

Senseman, I fully agree, may the bondholders rot in hell, and also the old BOD especially the old Chairman