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youtube.com/watch?v=Ae829mFAGGE&ab_channel=RHINO Far better listening.
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Tincan.Shareholders with >3%
20.02% - Oil & Gas Investment Fund S.A ("OGIF" as of the 5th aug 2020. It`s on their website for all to see.:-)
Tincan1995 OGIF has been able to buy for a long time the 3 year agreement was that they don`t in crease their holding to more than 29.9% Their initial holding has now been diluted to 20% and they seem to be reluctant maintain their initial holding.
The scum that engineered this drop start to buy back in and there dosen`t seem to be any evidence they are doing so this begs the question do they already know what price if there is a fund raise is going to be set at?
JustinD It`s common practice for co. to issue a statement when they see unusual sp movement up or down to prevent a false market occuring. We are not talking about the usual daily fluctuations of the sp we have seen 20% + in just a couple of days.
luckyman2 I have no problem with a fund raise if for the right reasons. What i take issue with is it gets leaked to certain individuals at the cost to the average pi. I don`t believe there is a raise just yet but it would be nice for the co. making a statement confirming this.
Lenin The problem is a rumour like this needs no proof to cause what we seen the last 2 days . As i have just posted the co. has a responsibility to issue a statement to end such a rumour.
A little disappointed after seeing this spiral down the co. have not issued a statement. They see no reason for ...........
If the rumours are correct and there is a fund raise then i would look at this co. in a very different light.
Sharetrader123 `some of them can at least recoup some losses and for some even make a decent profit.`Anything is possible on AIM that`s the attraction.
Sharetrader123 Is that the next Rainbow. lol
Sharetrader123 ` A better solution would be to move on ` Looking at the trades today it seems many are taking your advice unfortunately.
Del77 There has been nothing stopping them buying for quite some time their original 28%has been diluted to about 20% as you say they could not excede 29.9% but they seem reluctant to protect their 28% of their original holding.
They have been able to sell after the first 12months of the deal being completed on the 12Sept 2017.
Yezzerrr Ask Malcy (Who`s eaten all the pies?) he will explain it away no problem !
Tom Winnifrith Bearcast: My great grandmother was illegitimate but James Parsons is a complete and utter bastard