Member Info for itisagame

Trying to get a quote to buy... Halifax are as good as always... “ Unfortunately this service is unavailable at the moment. Please try again later. We apologise for any inconvenience caused.”

Yesterday .. but will rise today too :)

Darn, i didn’t expect this rise today, I’ve been tied up in other shares for a few weeks and missed the 80s / 90 and looks like the £1’s too, 113p was lowest quote I got today, should probably have taken it but will have to see what tomorrow brings. Well done to whoever managed to top up in high 70s a few weeks ago.

Walker (on behalf of its clients) have taken part in most Placings for years, they also had some at 2.6p and I think 7p, even with the 0.15p and 0.3p they will probably still need atleast 1p to brake even I expect. I said before the last placing price was to low and the time last time and it shouldn’t have happened at 0.15p it was just used as a way for a few to bring their averages down, unfortunately now it’s gone from 180m - 225m - 512m -730m shares in 18 months. It should have been a £1m for 100m shares at 1p placing last time which would have resulted in <300m total in issue. 1p was the minimum they could have raised at before sub division. Which would have saved existing holders from such dilution and would have secured a higher trading range for the share price. Im not moaning for my self, I’m not a long term holder but have just been trading psl since 0.16p and I’ve done alright, but some people at still waiting for a return on their 7p, 2.6p and at 10p ipo investments.

its the fact they were at par that sucks, could have issued them the 15m shares at 6.5p / share, �2m as CLN and use warrants as the sweetener like most other companies, didn't have to give them everything

I know it happens all over aim but it’s Just annoying that existing holders never had a chance to hear about the potential acquisition and finance offers available in detail Beforehand, they could have worked on a 30 day exclusivity agreement and Called a gm to vote, for, against the acquisition and which finance deal. Need an average sp of atleast 10p for the duration of the CLN to have less dilution then a simple 6p placing /open offer, Only one way for angus to show shareholder value with Bergen in the background - need more oil (and luck). Anyway it’s history now so All will be forgiven if they get the price to 50p+ and there’s billions of barrels of extractable oil in the ground.

~3.6p * should read 6p (3.6p would be Bergen’s overall average if they convert at 6p)

“For the first twelve months the Company will have the right to repurchase 100% of the amount of the Convertible Security outstanding at face value (subject to the right of the Investor to retain 30% of the Convertible Security from such repurchase for conversion).” So right now if angus tried to do a £3m placing to get out of the CLN bergen still keep the 9,175,000 shares issued at par Plus Bergen can keep and convert £900k of CLN which would be another ~15m shares at 6p for example, (making Angus need £2.1m to repay the £3m) plus can they get their 1.175m extra at par shares? “The Investor may at any time require the Company to issue a further 1,175,000 Shares at par. ” So to crawl out of this CLN Angus need £2.1m if raised at 6p that’s ~35m shares, and the £900k of CLN to Angus from Bergen costs ~15m shares or ~3.6p per share plus 10.25m shares at par to Bergen. If So thats ~60m shares for £3m averaging 5p ps. Plus the last 33m for £2m and the 5m warrants So 25% of balcombe will end up costing around 100m shares which is about a 40% dilution in shares. Any chance of a 14 day cooling off period??? This deal stinks the more I read in to it, balcombe better be worth it.

My investing.com app pinged me this morning saying Angus had a 6.75p trade, very odd because a) it’s saturday and b) last trades reported on London stock exchanges website are the same as here 6.94p / 6.98p and c) it’s always pinged live before, never delayed.

But kept going NT, no point selling here today at low prices. I sold out in the $40-50 oil times and have no idea why the sp is around the same price still, it Will fly eventually. If you do want to sell at low prices my buy order is waiting to be filled :) GLA

This sentence was bugging the hell out of me in the 23rd April RNS "The Investor may at any time require the Company to issue a further 1,175,000 Shares at par. " Thank you to Easybrent on twitter the for pointing out the following which made it click in my brain. If they had the extra 1,175,000 they would be over the 3% mark which is why they didn't have it as one lump. "Bergen Global today received 9.175m shares in #ANGS for fee and subscription at par value. I like the nice touch that their stake in Angus following this transaction is 2.99%, precisely below the 3% threshold where a TR would have been required."

RNS Thank you Vonk.

Vonk why do we have to rely on drill or drop for news again, yesterdays result was rns worthy on its own. Now you are going to tie it to the bottom of a CLN rns and the CLN price will not be as high as it could have been, it might just be a few but extra shares here and there isn’t proving shareholder value...

Vonk just needs to keep the sp over 9p and the CLN will work out ok.

I Got the page up can’t seem to find a live player or live stream link on wscc

Thanks, can’t see any reason to reject, might even get an rns today after then. Fingers crossed.

For lidsey today?

so the CLN deal needs a max of 40m shares issued at an average of atleast 7.5p to be a better deal (and if 7.5p is the average CLN conversion price at 90% of the market price we need the sp needs to average out at atleast 8.33p while conversions are being done). or maybe im just over thinking this.

i still dont know why they didnt go down the OO route, they had since January to arrange funding so timing wasn't the problem and if they are paying �600k in shares for fees on a "0% interest" loan whilst trying to show "shareholder value" why not keep it simple and let everyone buy at a low OO price? I know the ideal scenario is a positive result at balcombe / brockham which brings the price up and gives less shares to convert under the CLN and less shares in issue overall but surely existing shareholders would prefer an OO and no chance of over dilution on a negative result If this deal ends up putting more than 50m shares in issue its a bad deal compared to an OO at 6p, and they have already put 10m on the table before any conversions. Q2 2018 only has 10 weeks left, so not long to wait, fingers crossed all works out. GLA

Had a quote to sell up for 7.86p earlier - I think mm are filling higher orders not yet posted.