Member Info for GrumpusLOL

All these share price calculations and arguments are a total waste of energy.
Following the last divi payout there was a share consolidation which was calculated to equalise the value of the company with the value of the payout. It went disastrously wrong and the share price tanked.
The moral is, the market will calculate the share price following any payouts or buybacks, not back of fag packet sums carried out by shareholders or our Board Of Doves financial bean counters.
The chickens have to lay before the eggs are counted.

IMHO, any Board Of Doves which performs this badly and declines to accept almost half of an Arbitration Court award on my behalf does not deserve my vote to be reinstated at the AGM.
Use your vote, the shareholders own the company, not the Board.

Just to inform you I received a response to my engagement with the Board, nothing of any substance but my request for an update will be forwarded.
For consideration. Response within a few weeks? Lol.

Cheers Emerald, I have been a Cairn shareholder for over a decade.
Patient I am. Just asking honest thought provoking questions and stating the truth.

So , some 15 million votes were against the North Sea assets sale. A small percentage. Nevertheless, this should serve as a reminder to the Board of Doves that shareholders views should be taken into account PRIOR to major transactions, and not presented fait accompli.
Just as the action to be taken in the India case should be.
How many of those shareholders on here took the opportunity to engage with the board prior to todays meeting and actually emailed IR. Mailbox @cairnenergy.com ? Or did they discuss uncertainty principle?
That email box should have been stuffed to the point of toppling. If no-one emailed, the board are still working from home, doing their Peleton then getting changed into a fresh pair of PJ's. Completely oblivious, while the your share price drops and bulletin boards are crying out for updates and collective revolt.
IMHO, any RNS will come after hours on Friday.

Exactly as I highlighted last Friday, but uncertainty principle seems to be more important than the certainty of the ability to challenge the Board Of Doves.

According to the Circular and notification of a General Meeting, 'The Board remains committed to allowing shareholders to engage with the Board. If shareholders have any questions for the Board in advance of the General Meeting, email IR.Mailbox@cairnenergy.com'.
If you want answers, take the opportunity to ask questions, the invitation is there.

The original Arbitration award should now be attracting penalty payments.

All this talk of accepting rules prior to settlement and taking a haircut should be put to a vote in my opinion.

Someone does indeed need to grow a pair (and swiftly).

Is the Cairn BOD (Board of Doves?) really going to sit back and watch the sale of Air India?

The 1.7 billion awarded by the Courts of Arbitration should now be due penalty payments.

Surely its time to wake up and smell the coffee and bring this matter to a swift conclusion and take decisive action?

It may hurt the SP short term, but we have waited years as it is.

Strange how no-one is blaming the Welsh government for the current predicament. It seems to me that Atlantis Energy (deliberate use of the former name), accepted a poisoned chalice in the form of an ailing power station which very nearly became a Blue Sky opportunity.

The main purpose of a Board of Directors is to act in the best interests of the company owners, the shareholders.

Having expended shareholder cash to win a court award, is the acceptance of a haircut on the award really in the best interests of shareholders?

Surely any acceptance should be voted on.

Opps, my apologies, clearly I mistook this site as being for serious shareholders.
I meant to poke the bear. Clearly I missed and hit a Troll.
No need to respond guys, I will do what I reckon all racially abused footballers should do and withdraw from this media. Carry on.

Thanks for your thoughts. The thrust of my comments are aimed at info published on the company website, which I personally find is woefully inadequate.
Is an RNS communicated to all shareholders? I think not, therefore I question is this a satisfactory way of keeping shareholders up to date?

Anyone any ideas why the SP is rising?
I note on the company website at the beginning of June the board EXPECTS to update the market on a monthly basis but here we are still in the dark mid July.
Has the broken bearing been replaced or is that still a state secret as well?

According to Business Standard article, an American company called Divas is in a similar position to Cairn. The article also states the Indian appeal against the Cairn ruling is slated for 1st September in The Hague.
I question why this information has not come through Cairn. Surely shareholders deserve to be informed on such matters.
Incidentally, I will be voting against the move to Egypt.

I have emailed my MP, Gareth Davies. To be perfectly honest, his reply can at best be classified as wet. Friendship with India is key to trade deals etc, and its because we are friends we can raise delicate matters such as this.
More attention by MPs cannot harm Cairns cause.
Google who is my MP and E-mail them, but be warned all communications which do not bear your name and address will not be actioned.

Regards, Grumpus.

4p raise in share price today after long slow painful downhill run. Anyone know why?
I have directly highlighted the lack of info on the company website and suggested a new Communications Officer. This company is fast becoming a secret society. Surely shareholders should be the first to be informed of any news, not the last.

For CONSOLIDATION, should we not read SHARE PRICE MANIPULATION ATTEMPT?
Is the share price not determined by the Market?
Has this manipulation attempt gone terribly wrong? If so, amends should be made.

Is anyone else peturbed at the announcement that Boris is to travel to India to discuss Trade deals? Should Cairn shareholders raise a petition on social media to highlight their treatment under previous bilateral treaties?

Call me racist, but isnt it blindingly bleedin obvious that the European courts are dragging their feet due to Brexit?