Member Info for IAmNotSpartacus

Scott’s not here. He’s ere

Company can’t win with you Jacky can they. Complain when there’s limited perceived revenue generators then complain when they add more potential income streams.

Maybe tomorrow? Last two years have been published on 15/6 and 21/6 so looking forward to seeing these very soon!

I believe the company are aware this is a possibility (without having evidence this is the case) but there's not much they can do about it except wait until July when PB will either close the short at exercise point or close it earlier and run a long position at exercise...they may even convert before 26th July depending on their strategy. Thankfully Highlands are in the financial position that they never to have to get involved with Darwin / PB again.

And another 611m shares get printed over at UKOG!

Choo choo. And all that jazz

I previously thought it was Renegade, but Eric confirmed they haven’t been made aware Renegade have sold, and would have to TR-1 a change in position. Not to say that they haven’t sold & not aware of their obligations, but I’ll take it at face value. PB seems to be the alternative scenario that’s most plausible. IMHO.

These are all RTN's buys.

I think this has been Primary Bid running a short position on their warrants. They have held 1,666,667 warrants since last July, exercisable at 14p until 26th July 2018 and so they could just rinse and repeat using those shares as security. Sell at 20p, buy back at 19p. Repeat this process until the exercise date when they buy the shares at 14p. They can either allow the price to rise before the exercise date and hand over the shares to the broker, or sell the exercised shares at the prevailing price. My guess it'll be the former to de-risk. Quite a nice little earner to be made, and this modus operandi of PB would not seem too far-fetched given their familiarity with the darker mechanics of the market. If my ruminations are true, then hopefully we won't have too long to wait before these games are over and we can move freely.

I think it’s Renegade. They got the shares @ 20p and most of the selling is in that range. Don’t think they’ll hang on to them as our interests haven’t been aligned for a while (and they would probably prefer to take the cash). Has to stop soon.

@MW75 - my figures are: 1.67m warrants @14p until 26/7/18 - Primary Bid 1.5m warrants @ 25p until 3/2/19 - Advisory Board 23.75m warrants @ 5p until 25/3/20 - RP 1m warrants @ 5p until 25/3/20 - JD 3.05m warrants @ 5p until 25/3/20 - others 0.99m warrants @ 5p until 25/3/20 - Broker Other significant share holders: 12m - RP 3.5m - Renegade Surely RP wouldn't be forward selling his warrants? It would bring in >£1m but surely this wouldn't be happening over such a long period of time? Maybe Renegade are dumping to raise cash - I think they got theirs circa 20p, and so the selling will be finite.

Then on that basis all explorers should have a MCAP of zero?

Renegade hold less than 3% so it could be them selling to raise cash. Been going on for a while tho.

Maybe some cash rescued from another stock coming over here.

I particularly liked the 500 word diatribe to a potential new investor the other day, the entire content of which could have been simply summarised as “it might go up or it might go down”.

I think a more pertinent questions is "any idea whether this will re-list".

JJ sold and had the good grace to leave (eventually).

Surely we’d have seen a conversion notice if so?

Code 99 I just heard the ice cream van Clive

100 I need shares. 200 I need shares badly, but do not take the stock down. 300 Take the price down so I can load shares 400 Keep trading it sideways. 500 Gap the stock. This gap can be either up or down, depending on the direction of the 500 signal. Allegedly