Member Info for itisagame

If Stanley is successful and they can get a stable ~120bpd from Stanley and if they can net back around $40-$50 / barrel (just a guess cost based on a few other Texas oil companies I’ve traded at $20-$25 pb costs) and msmn can earn close to $800-$1k per day from it, How much could they borrow using it as security? Once stable Could they use the oil against a hedging facility? What would it be worth if they sold their stake?

I used to use this calc as a base for prices I expected, but now it’s purely sentiment driven. Asset value, plus 10 x earnings, minus debt and unfunded cap x, divided by share issue (including all warrants and outstanding shares etc etc). Add a bit for useable tax losses. - As at 30 June 2017 the Company had current assets of $2,384,723 (now?) - $500k earnings for last 6 months x 2 x 10, say $10m - minus debt ? ( I don’t know ) - minus current needed cap x ( I dont Know ) - divided by entire promised share issue - change to £ - = ?p Per share. - add a bit (10% of? )any usable tax losses. Then Plus or minus market sentiment, as it’s all just finger finger in the air guess work :). Although I’ve had Mosman in my watch list for years ive rarely traded it, and don’t know the current full picture debt / capx wise so feel free to finish the calculation of yo wish, but the placing price of 1.2p seems a good start to me.

Can get quotes to sell though.

Is it just me that’s getting an error come up when trying to buy today? I Can buy every other share “Unfortunately this service is unavailable at the moment. Please try again later. We apologise for any inconvenience cause”

I timed my buys terribly lol. Oh well.

Took a £2k punt. On the Mcap. Had to buy in £1k batches. Or it was NT. GL

Nearly 20% of company traded in an hour and a half.

Think I’ll have a dabble

“There can be no certainty that an offer will be made, nor as to the terms on which any offer might be made though HMC and CGE confirm that any offer is likely to be solely in cash.”

Just Had a Possible offer rns, let’s see how that compares to HVO when they get their one.

Hay bod here’s an idea - If the II are happy to sell at 50-60p just do a buy back, net the 750p profit on the books from the placing shares and clear them out. I’m sure no one will mind.

I never understood the value here, they took freeware from github then edited the code, pictures and names to launch their own coin and wallet and raise cash for equipment to mine it their self and people thought they were worth billions, they just did the same thing as thousands of other home made coins just with raised money. They didn’t develop anything new and the only use for the coin was basically the tipbot on reddit.

can you actually get a quote to sell? Took me nearly a week to fill a sell order last time I was in this.

“The Company will consider putting in place a matched bargain facility as a mechanism to assist shareholders buy and sell ordinary shares should Cancellation become effective.“ I’m not buying in just watching but if magp has cash in the bank that may be the silver lining at this Mcap level, doubt it helps many though.

FWIW I was just trying to buy when the last trade was .31, but had NT for a while eventually then had a quote up at .33 but it wouldn’t work when clicked buy, then managed to get some at .34. Now A few mins later I know why :)

Was his name George Roach :)

I had hat yesterday - you can just put a buy order in and it gets filled instantly at the best current price. - or call for a price before execution..

£7.5k buys you 3% and you can ask for a gm which you can ask for a vote to get her kicked out, 25% buys enough to reject the plan outright. I’m not in this now (I was pre consolidation) but can see potential as a cheap shell at this price, but it’s a gamble and I’ve not decided yet.

shame they didnt even suggest letting wed buy the business out and set the aim listing up with a small amount of cash as a cash shell.

I Got in this morning at 2.4-2.7p which was lower than what I expected, had to use buy orders to get stock as it was NT otherwise, but could get orders completed almost instantly once placed. Just planning to playing the ride a bit while waiting for news on others, GLA.