Member Info for frackme

The Sheffield Group do not own more than 50% of Tamboran. Where are you getting that info from. Even if you counted liberty or H&P as Sheffield friendly they wouldn't be close to 50%. Unless some big deals got done recently that weren't disclosed. Sheffield is still at 17.6%

17.6 is the consolidated amount of daly waters and BS holdings. Add them together and you get BS total share holdings. The other companies just show the corporate structure that rolls up to those two entities and BS is the registered beneficial owner of both. Look at the share amounts in the subsidiaries they are the exact same and then add the two main entries together and you get the total holdings of 17.6%

A standstill is a promise by a shareholder not to take certain actions that could affect control of the company.

Typical “customary” restrictions include:

No hostile takeovers or unsolicited bids

No increasing shareholding above an agreed cap without board consent

No forming alliances or voting groups with other shareholders to influence control

No proxy fights or efforts to replace the board outside the agreed process

Voting commitments to support certain board recommendations

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2. Duration in This Agreement

Expires the earlier of:

1. Tamboran’s 2028 Annual Meeting of Stockholders, or

2. December 31, 2028

Could end earlier if certain termination events in the agreement occur (e.g., breach by the company or a third-party change of control bid).

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3. Purpose

Provides board stability during a leadership transition

Prevents the 17.6% Sheffield Group from taking over or influencing corporate control outside the agreed terms

Gives the board time to execute the CEO transition and operational plans

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So in the context of the release, “customary standstill” doesn’t refer to a fixed number of days, but rather a multi‑year commitment where the Sheffield Group agrees not to take actions that could disrupt management or take control, while maintaining some voting and board rights.

Wet the way it works is that the first drill in a new area creates the larger 22k acre DSU, any drill in that new area is 6.4k acres and Falcon can participate up to 22% in any DSU. We can them participate on a well by well basis in a DSU at the original % we participated in the first well of that DSU. They reckon that there would be about 50 - 80 wells per DSU so for any DSU we participated at 22% we have that option of going at 22% for any future well. In the 5% DSU's we can participate at 5% and in the ones we participate at 0% originally we are basically locked out of future wells in that DSU. If they think they can drill the first 50 wells in separate DSU's without crazy infrastructure costs they will because anything we can't find our 22% basically goes to them.

I agree that these guys are sharks even to the point BS wasn't willing to carry their partner longer than they had to. They don't want to share their expertise or profit with anyone that's why they are chequerboarding with Tamboran.

We are in a good position and 3-5 more good wells will put us in a strong position share price wise. But if Tamboran or BS can scoop us up for pennies of get our acreage for free they will

Word on the street is Tamboran is close to making a FID to build a gass processing facility and pipeline. Latest 2026. If they commit to a FID we are off to the races. Shelving option is consistent with an upcoming FID

More from Chat GBT

You said:

Is the trading history of FOG on the AIM unusual and is there any pattern of market maker price manipulation?

ChatGPT said:

It doesn't appear that FOG (ticker) is a widely tracked equity on AIM, and I couldn't fetch its trading data via standard finance APIs. That said, AIM stocks—especially small, illiquid ones—are frequently cited in discussions about unusual trading behavior and market maker tuning. Here's what typically shows up:

🔍 AIM Market Structure & Vulnerabilities

Illiquidity & manual trading: Many AIM stocks are traded via manual systems like SETSqx or SEAQ with designated market makers, not fully electronic order books. This creates opportunities for market makers to subtly influence prices

reddit.com

+3

share-talk.com

+3

reddit.com

+3

.

Past enforcement: In 2008, Winterflood was fined £4 million for share ramping on an AIM stock (FEI), artificially inflating volume and price for six months

moneymarketing.co.uk

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Common Manipulative Tactics

Spoofing / layering: Flooding the order book with phantom large orders to mislead others, then canceling them before execution

fastercapital.com

+4

en.wikipedia.org

+4

bookmap.com

+4

.

Wash trading / circular trading: Collusive trades made to inflate volume without real ownership change

financialsource.co

+14

en.wikipedia.org

+14

market-bulls.com

+14

.

Quote stuffing: Rapid-fire order submission and cancellations to flood the book, overwhelming other participants

reddit.com

+4

en.wikipedia.org

+4

fastercapital.com

+4

.

Stop-loss hunting / tape painting: Manipulators drive the price to trigger stop orders and quickly reverse it

bookmap.com

+11

chartswatcher.com

+11

financialsource.co

+11

.

Anecdotal Retail Observations

Reddit discussions around small or illiquid stocks (not FOG specific) often mirror real manipulation patterns:

“Someone kept dropping in a 470k share sell limit order… then as soon as price looks like it's holding, the sell order goes poof…”

reddit.com

+3

reddit.com

+3

reddit.com

+3

reddit.com

and:

“They suppress the price with wash trading… sell large amounts… then sell the same shares back… creating the appearance of high trading volume…”

en.wikipedia.org

+2

reddit.com

+2

fastercapital.com

+2

These illustrate typical spoofing and wash patterns in action.

So, is FOG’s trading unusual or manipulated?

Without direct order-book or trade-level data for FOG, it's impossible to definitively assert spoofing or wash trading.

But if FOG is a low-volume AIM stock, it's inherently vulnerable to such tactics thanks to illiquidity and manual market making.

Signs to look for:

Sudden large quotes appearing/disappearing quickly.

Volume spikes unaccompanied by news.

Price spikes that reverse sharply.

If you've observed these in FOG's trading history, it could indicate manipulation—though that doesn't prove it.

✅

You said:

Why are trades delayed on the AIM LSE

ChatGPT said:

Trades on the AIM (Alternative Investment Market) of the London Stock Exchange (LSE) may be delayed for several reasons, primarily tied to the structure and regulatory flexibility of AIM as a junior market. Here's a breakdown of the key reasons:

🔹 1. Delayed Trade Reporting Rules

Unlike the main market, AIM allows more flexible reporting times for trades, particularly for market makers or brokers handling larger or less liquid trades. Key points:

Standard delay: Trades must generally be reported within 3 minutes.

Extended delay: In certain circumstances (e.g. large trades or illiquid stocks), market participants can defer trade reporting for up to hours or until market close, depending on trade size and liquidity.

This is allowed under MiFID II and LSE Trade Reporting Rules for non-equity instruments or certain block trades.

🔹 2. Low Liquidity / Market Maker System

AIM stocks are often thinly traded, meaning fewer buyers and sellers at any given time.

Y

Market makers may delay reporting a trade to avoid being exposed to market risk before they've hedged or offset their position.

🔹 3. Off-Book or Negotiated Trades

Some trades are executed off the order book (i.e., negotiated privately).

These are often reported later than immediate market trades, especially if they’re "non-standard" sizes or institutional block trades.

🔹 4. Manual Reporting / Systems Lag

Some firms may still use semi-automated or manual trade reporting systems.

This can lead to short lags, particularly around peak trading times, although that’s becoming less common.

🔹 5. Regulatory Compliance or Technical Issues

Trade validation or compliance checks may occasionally delay trade reporting.

Exchange or broker system issues can also cause short-term reporting delays.

Summary

Reason Explanation

Deferred reporting rules Larger or illiquid trades can be legally delayed

Low liquidity Market makers manage risk before reporting

Off-book trades Negotiated trades take longer to report

Manual/system lag Less automation in some broker systems

Regulatory issues Compliance or technical issues may cause delays

If you're seeing repeated or unusual delays for specific stocks, it could relate to that stock's specific liquidity, recent news, or institutional activity.

Aimregulation@lseg.com

Another email to add. It's another complaint division within LSE. Sending email to both

Jesus not sure how the market maker cam justify a share price of 7.15 when the largest trade of the day (after 4pm and after I posted my last comment) which accounts for 90% of the volume was at 7.9p.

I'm actually going to make a complaint to the LSE about it on reflection. Have print screened today's trading summary. Email to send a complaint to is marketsupervisionenquiries@lseg.com

If you feel like I do confused by the share price when you look at the trading for today then I reckon screenshot the trading page, copy and paste the below and send it to that email.

Dear complaints team,

Upon seeing today's trading listing of FOG on the AIM I'm concerned with a number of things which I'd like you to investigate and revert to me with your findings.

1. Why is the most recent trade on todays (27th June) listing dated the 26th June at 4pm. Every other trade is in chronological order for today and that one is dated 26th June while all others are dated 27th June. It may be the case that that order was placed yesterday and only filled today after 4pm.

2. Why did the share price drop by 8% to.0715p when 90% of the shares purchased are in that latest order and completed at .0795p. This seems highly unusual.

Even if you remove the most recent trade, I still don't know why the share price dropped by 8% on such low volume. The market maker doesn't reflect the same increase in the share price historically when the price moves up on greater volume.

This is a concerning trend I have noticed on the stock and I'd like the LSE to audit today's share price movement, how the listing has been updated today as well as historic share price movements based on volume and trade completion prices.

Unfortunately I see a concerning pattern emerging.

Regards

X

Because MM sold 5k at a discount on a low volume Friday to allow them buy back the shares they sold in tht recent run up cheaper. =P

The only time the share price matters is when volume is large or around big events. The rest is just nonsense

Sorry presumed you were talking about the LSE price which is at .077 and were seeing if you could get action at .095 which would have been considerably higher.

You sure your hook was actually in the water? My platform wouldn't even let me place a buy that much out of the money.

Is there a chance you were so far from the spread you weren't actually in play?

Correction. If volume held is greater than 1% of the free float....not the entire free float. =p

It's a horror show of typos and bad grammar too but that was too big a mistake not to correct

Market makers manage the flow. For shares like this the set the bid and ask and make money in the middle. So if you want to buy and no one is selling they sell to you at Ask. They borrow the shares to do this and in so end up take a short position against the share as if price goes up tht loose out. In reality most market makers carry enough inventory of shares to keep average days liquid but usually have to borrow to sell when shares are in demand. each exchange has regulations the market makers has to follow. Like spread on the bid and ask. How long they can hold positions one way or another on a share. For example is the volume held in a month is greater than the free float then they have to be net buyers and sellers instead of just net sellers for instance. They 100% manipulate the market. They say it helps liquidity which it does but it also allows a layer into the transaction that by the very nature of the service they provide have a vested interest in the share movement one way or another. I personally would much prefer if exchanges operated on a first come first served taxi rank basis until orders are filled. Price obviously jumps the queue if you are willing to buy higher or sell lower but also on a first come first served basis. The lack of liquidity they feel might put people off taking a position but I would personally prefer the old classic way of doing it as I have zero trust is anything that is done behind a curtain by institutions that have proved their lack of trustworthiness again and again over the years. But that just life I guess. You can't win if you are not in

Yeah 100% speculating. But if you are one of the big boys you can pick us up now for the cost of roughly around 3 drills. (Pennies).

If I wanted to take a punt on a good asset Falcon would be on my radar now. Might wait for one or two more drills.

Beetaloo is a massive opportunity. It's a known major opportunity and with those recent results people will start crunching numbers and sharpening pencils. Only a matter of time

Yeah I wouldn't be worried about the daily action today. Don't get me wrong it would have been great to hold the 40% gain. But to put it on perspective the biggest winner today was empire at over 15% up. Tamboran barely moved. It's great news and the real value is building. At this stage I'm not interested in ducking in and out of this share to scalp 20% on the historic trading patterns. Reality is an offer could land any day now and for the board to take it seriously it will need to be around 30-50p a share (right now and that number will only grow). The board have no interest at selling at that level either when you look at their option strike prices. So if a decent offer comes in and trading is halted I'd be sick after waiting years only to loose the upside. Don't worry about the share price right now look at the asset and the fact it's proving and will be worth a stack eventually. Head up lads. It is different this time. I type on my phone so sorry for all the typos and missing grammar. I find it really hard to read bank my messages before posting because of that mobile UX. English is actually my first language despite how it may look.

What's stellar is the fact that our the gate the natural geology with a well that isn't remotely dialled in yet is producing more than x2 the commercial flow rates. It also indicates continuity of reservoir which is more important as an initial gusher is no good unless it can run and run and pay back through cost of the well. This is heart surgery with buckets and spades after a few 100 wells they'll know so much more and will be able to optimize the drills to maximize the flows.

Make no mistake this is a game changer moment for this company and the beetaloo. One or two more drills with these numbers or more and the foundations will be set as well as the basement share price number. Still a huge amount to do and still heaps of risk. But a massive risk off water mark has been hit. Commerciality and continuity are being proved in real time.

Great to see the movement. this is only the start. You'd be mad to sell now. Hope we can realize a lot more upside before we get bought out. Brilliant news today

I reckon if you want exposure to the news next week (could go either way) you need to be taking a position today. Monday might be too late. RNS might even come out for US markets this afternoon but more likely sometime next week.