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https://www.usatoday.com/story/money/energy/2017/10/29/can-oil-prices-go-above-60-u-s-shale-output-pivotal-factor/804149001/ So will we get a RNS this week Boys and Girls????? lets hope so as all the NEW share certificates will be issued and the BOD will have updated the WEB page http://magnoliapetroleum.com/shareholders-analysis We could even and new chair person !!! Plus A new format, explanation to where MAGP is going with WED and all of us other share holders. You never know we may even have enticed some EB5 investors to join the party ;-D.
Morning Robsky The only problem is how long will it stay up ??? I still think there must be a very good reason why Rita and the BOD went for a 1 for every 100 ************** as the amount of gain we now need to breakeven is very high. Otherwise they could have look at 1 for 10 exchange so instead of having to have the SP at 30p plus it could have been 3p To late now ;-((( Just hope Rita can make this work after all the support that WE have given her over the last few years !!!
Are our MM friends using code buys at the moment??? Looking over the buys / sells there have been 1, 2 - 7, 8 - 52, 53 ???? Is Rita still signing off the NEW share certificates as the numbers of shares have not been changed on the Shareholders Analysis report on the company web page. I don't think we will see any news until November until all of the paperwork has been completed. I would like to think that the BOD have picked up on the discontent of us the small long termers as we all now need 30p upwards just to breakeven ;-((( No shareholder value here thus far so come on BOD / WED lets get moving UP not DOWN
http://www.nexexchange.com/member?securityid=2074477 Morning Boys and Girls . Rita and the BOD are probably looking to see what effect all these changes are having in the market and hopefully things will remain stable. More like 50p for me Troy :((((( how about anyone else ???? Do we have anyone who needs a �1 to breakeven ????
https://www.cnbc.com/2017/10/23/oil-prices-focus-on-drop-in-southern-iraq-exports-supports.html
NEX exchange have posted this !!!! MAGNOLIA PETROLEUM PLC Secondary Market (Withdrawn) Rita we need you to say we are still in business but what do we do now ??? sell / buy land ? drill for oil /gas ? are we and offshoot from WED?? PLEASE explain what or who we are NOW!!!!!!!!!!
smidsy give us a song ;-D
We should be on top of the share Risers board today!!!! Shame its for the wrong reasons ;-(((( Consolidation ;-((((
Application will be made for the New Ordinary Shares to be admitted to trading on AIM in place of the Existing Ordinary Shares. It is expected that Admission will become effective and that dealings in the New Ordinary Shares will commence on 24 October 2017. The Company has applied for a new ISIN and SEDOL which will become effective following the Capital Reorganisation.� The new ISIN and SEDOL will be notified to the market via an RIS provider in due course. Shareholders who hold Existing Ordinary Shares in uncertificated form will have such shares disabled in their CREST accounts on the Record Date, and their CREST accounts will be credited with the New Ordinary Shares following Admission, which is expected to take place on 24 October 2017. Following the Capital Reorganisation, existing share certificates will cease to be valid and new share certificates are expected to be despatched to those Shareholders who hold their Existing Ordinary Shares in certificated form, on or around 31 October 2017. No share certificates will be issued in respect of Consolidated Shares or Deferred Shares.
Well I see JIM is back on the Shareholder list ??? http://magnoliapetroleum.com/shareholders-analysis Will we have another RNS AT 7.00am in the morning to explain what is going on here plus tell us how we will go forward from here.??????????
Morning smidsy Thought you would be out on Blackpool Beach selling your garlic worms this morning as it is half term now? Or have you got your calculator out and dividing all your golden eggs by 100 ;-) So by the 24 October we will lose our MAGP millionaire share holder status ;-( !!! Just have to live as a poorper now until Rita gets the SP to rise to at least 50p As you say Rita and the BOD must have a plan to go forward!!! Time will tell
Nice up date Brookie ;-)) So when will Rita explain all of this ???? Will it be CASH in the bank ? Reduce the bank loan with the proceeds? A better % from production for MAGP? Is the BOD going to buy more land? Is it part of the WED money coming in so Rita can move assets around? you never know we could have a SP 7p next week ;-O
The Record Date for the Sub-Division will be the same as for the Consolidation, which is 18:00 p.m. on 19 October 2017. 20/10/2017 10:22 1,777,619 0.067 20/10/2017 10:07 1,000,000 0.067 20/10/2017 10:02 505,995 0.067
One of a class of shares where dividends are only paid in a particular period of time after dividends have been paid on all other classes of shares one of a class of shares which do not pay dividends immediately, but pay them later, for example when the company reaches a particular level of sales. Deferred in this context is usually taken to mean that the shares carry fewer rights than the ordinary shares. Shareholders may not be entitled to vote their deferred shareholdings or receive dividends in respect of them.� Is Rita thinking of some dividends in the future ;-D ?????
RNS please Rita what's next on our agenda ??????? http://www.iii.co.uk/alliance-news/1508237539696987500-3/nostra-terra-sells-remaining-6-stake-in-magnolia-petroleum-alliss-
Nostra Terra (AIM:NTOG), the oil and gas exploration and production company with a portfolio of assets in the USA and Egypt is pleased to announce that is has sold its remaining holding of 152,000,000 ordinary shares in Magnolia Petroleum plc ("Magnolia"). � As a result of this disposal, and the earlier disposals undertaken by the Company, Nostra Terra is pleased to report it has been able to realise a total consideration of �167,500 for its holding of Magnolia ordinary shares, which is a 34% premium to the �125,000 the Company originally paid to acquire the shares.
Well boys and girls did Rita and WED plan this so that NTOG would not benefit from the deal with SOS ?? As after trading costs they must be out of pocket with some of these trades now !!!!!!