Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
Politely interpreted as don't let them grind you down.
Let's await the outcome of todays shenanigans.
Having previously sold out myself, I cannot blame you. If you have made a profit. well done. Personally I did well out of Union Jack Oil, in spite of derogatory comments made on this chat site which stated I could not compare CNE with UJO.
CNE still have a large chunk of Modi's cash which they are 'managing' on behalf of their shareholders. The same shareholders who have a vote in which direction the company progresses.
Use your votes.
It only takes a few good people to stand by an do nothing for others to feather their own nests.
Thats my no vote in the post.
HALIFAX/Bank of Scotland yes.
My normal brokers will not process shares in this company.
Their explanation for this is that there is no Key Investor documentation.
Just so you are aware.
Soc Gen are also playing games according to major holders declarations by the RNS's issued.
Seemingly 1 Million shares sold then bought back again. Anyone care to explain that one?
I cannot buy shares in this company through my normal dealers.
They say the company does not fit their dealing criteria as there is no Key Investor Publication.
Just in case you ever wondered.
Does anyone understand this?
Once again a wooly statement on the website, the proceeds MAY be used to make a return to shareholders.
Or maybe not.
Maybe Modis Billion will be returned as a divi. But not so far. Pigs may Fly.
I make point of voting against things I don't understand.
Like the disapplication of pre-existing exemptions. Seems to me to be an ever decreasing circle.
The combined group expects to retain Capricorn's premium listing on the LSE.
Does anyone find this statement just a little bit wooly?
Is everybody in favour of the latest merger?
What options do shareholders have if their Board of Doves is determined to destroy shareholder value in order to feather their own nests?
Oops, here I go again, I must learn to leave it to the institutional investors.
Still, its fun pointing it out and voting against them at every opportunity presented.
I see its been very quiet on here since I left and stopped my 'Relentless attacks' on The Board Of Doves.
It seems I no longer have to, the Institutional Investors are doing it for me.
Another merger proposal, this time with an outfit we cannot make direct comparisons with because they are not London registered. Still have cushy jobs for the existing board but this time with a dividend sweetener.
This one is not for me either. I see that someone reckons there is more value in liquidating the company. If that is true, then the BOD do not deserve shareholder support in my opinion.
Use your votes.
Brings current ratio to 4.7:1.
Incidentally the share ratio is currently 4.5 to 1.
I no longer hold CNE or Tullow, I just enjoy popping back here occasionally to stir the doo-doo.
It seems to me that there is a growing swell against the illogical merger of equals.
Dont let the Zombies destroy value and eradicate Modis Millions. Wake up and smell the Coffee before its too late.
Talking of Zombies does it make sense to sell rising CNE and keep falling Tullow?
Is a strategic review of CNE required? Of course it is, a blind man on a galloping horse can see it.
Personally, after deserting CNE I made a small profit on Tullow and followed that up with a massive gain on UJO. Now heavily into Hotel Chocolat.
Nonum Illegitemi Carborundum. GLA, Common sense will prevail.
After the way the GOI shafted Cairn with retrospective tax demands, alarm bells should be ringing. Leopards dont change their spots. Once bitten, twice shy.
Over to you Bloody Red Baron, give it to them straight, they dont enjoy sarcasm on here, just value destruction.
Some people cannot handle the truth.
You just don't do sarcasm do you Wok?
Jump ship now and you can get 4.3 Tullow.
Or you can show loyalty to the BOD that refused to accept the full arbitration award, gave you an incomprehensible tender scheme and now will lead you into a merger which destroys value for you.
For the record, I held Cairn Energy when the GOI first imposed their backdated taxes. Yes, I do feel entitled to a share of the returns,(which rightfully should have included compensation for dividends withheld), but I don't seem to be able to find them. It seems the BOD are busy squandering them all.
I just keep getting the same promise as you.....Jam Tomorrow!!!!!
As a CNE shareholder, I feel my votes are highly respected by the BOD. Just like L&G. (Sarcasm again Wok, Just in case you missed it).
Not so bleedin obvious that I never said I had sold out completely. I now have a foot in both camps. Win win.
So what makes you think I am worried?
The only thing I am slightly worried about is the future of the Board of Doves, but the cream always rises to the top.
CNE 220.4, Tullow 51.75, ratio 4.25 Tullow to 1 CNE.
Alternatively wait for 3.8 merger as recommended by the Board of Doves.
I have just sold CNE and bought 4.16 Tullow. No brainer.
Reading the negativity on both sides, has anyone realised that the 'synergies' means giving jobs to a BOD (Board of Doves) which was awarded 1.8 Billion dollars by an International Court of Arbitration, yet they settled for 1.06 billion.
Long term shareholders in CNE have seen no Indian money 'returned', just a completely incomprehensible lottery of a tender offer ( for people who wanted to exit fossil fuels anyway), and pathetic buyback scheme which was forever extending.
Yes, think about it. You want to give these people cosy jobs.