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Incorrect.. the direction the company is going is now very different, e.g consolidation, influential new stakeholder! the mission will be to attract more high wealth investors.. dilution will not be the way for any major funding issues. We will be cash positive by 2020. Asset level finance will be the way forward for expansion , with new investors funding a small share of the risk.
All,
I received a notification from my broker Interactive Investor, re the circular and can now submit my votes. I was emailed about this a few days ago.
Maybe check with your broker?
If you look at my post history.. started back in 2016.. at 1.55p... so seen some highs and lows.. been averaging down, in profit now average a tad over 0.18. I have my exit point targeted..!!
... now over 1.3% of MXO shares I'm holding onto for a very long time..:)
Just over 27m shares.. and not going anywhere. :) Ignore the crazy derampers that are shorting/trading.. bright future here.. finally positive news after a couple of years of disappointment.
It is not a gamble if you are a serious investor... Day trading is gambling, of course it is. I own over 27m shares in MXO. Been accumulating since 2016. :) I haven't bought any since the latest news though. Just nice to see such positive news for the company.
Ah..another blue day.. very happy. Finally us long term holders look like we will be rewarded. Been in since 2016 at 1.55p.. was able to average down a few times since thing. Plenty of day traders all over this with wildly negative and positive posts. Have a plan, and stick to it.. ignore 99% of the noise on these boards and focus on the facts. Great ones today included "people always sell on Fridays share price will drop". Hmm we finished up again. :) Good weekend people. Keeping the faith..
As some of you know, I've been in mxo since 2016.. initially buying at 1.55p.. much lower than some other lth. I've managed to average down to own 1% of the business, until the new investor bought in. Keeping the faith has been difficult but so excited for the future. The fundamentals always remained strong.Do NOT listen to the doomsday negativity. Long term the recent developments are a game changer. Yes there will be huge ups and downs with mxo, it's always been a traders favourite.. but long term (months and years..not days or weeks) this should outperform many. Signing off from the sunny lake District :)
Don't think so Jim.. they have over 600 million shares.. if they dumped we'd know about it!!! :)
Planets I mean haha.. too much red wine!
;) the stars aligned today.
To put another £15k in here... Will mean I own 1% of the company of I do.. can potentially see massive gains at this price point..
Yeah, had to pay 0.1p, no firm quote beforehand as well, had to wait for it to be filled, took approx. 30mins. Been in here for 3 years, kept the faith. :)
I paid a premium for the 5m 2 days ago.. but now have £18k worth here @ avg of 0.22p.
This chap turned up to take advantage of shorting MXO in October when the last subscription took place, up to his old tricks. classic one 'the JV is bone idle' except for a producing asset, poised to take on phase 2 oil, and then the gas.. honestly, these people always crawl out of the s**t when things start to look up
Picked up another 5m shares this morning @ 0.1 - got my average down to 0.22 - here's hoping for transformational year.. finally.. been in here since Jan 2016!!! its been a long slog
HI, how do I vote? What are the resolutions? I have 1.2m shares, my platform is interactive investor
AUDITED RESULTS FOR THE YEAR ENDED 31 DECEMBER 2015 Financial Highlights · Adjusted loss before tax1 from continuing operations of £13.9 million (2014 restated: profit £1.2million) · Statutory loss before tax from continuing operations of £14.5 million (2014 restated: £7.7 million) · Statutory loss after tax from continuing operations of £14.9 million (2014 restated: £7.8 million) · Revenue from UK financial spread betting ("FSB") and contracts for difference ("CFD") down 21% to £15.3 million (2014: £19.4 million) · Revenue from continuing operations decreased 32% to £15.5 million (2014 restated: £22.7 million) · Net cash and short term receivables2 of £16.1 million at year end (2014 restated: £32.9 million) including amounts due from brokers £3.7 million (2014: £6.1 million)
you ignoramus!!! of course it happened.. >9 billion shares were issued to them to cover the $45m debt to Apollo that was called in!! The Jan RNS was for a future revolving credit facility.
RNS from December..