Member Info for JiffyBag

AK,

Bottom line in all of this S---e , is transparency?

That is where PI's are kept in the dark until too late to act, is it not?

https://www.telegraph.co.uk/investing/funds/stocks-will-cost-woodford-investors-money/

Further, CA are not exactly in the 'Blue' as of late, dividends to be financed?

'I don't think that makes sense. If CA were selling out at ever-decreasing prices, most people would clap their hands!'

I am sure that would be the case, but what if they were to sell and then buy back without declaring? not saying that is the case here but AIM is not exactly a regulated market as such is it?

God, LF are on full alert tonight!
Come on Doctor, let us know what you think!

Jock,

Re: 'But - whoever does buy Spirit may well open up a clearer interest in a farm-in or more with HUR going forward.'

From Spirit to Spark?
https://www.energyvoice.com/oilandgas/north-sea/217403/spark-exploration-targets-deal-on-billion-barrel-west-of-shetland-licences/

I have often wondered if companies like CA and others, sell and then buy back at the a much lower SP (Of course that happens) ...... BUT do not disclose as such, ie because they end up with the same percentage as before selling all in a matter of a week or so.

It wouldn't happen on AIM would it? :O)

Slik,

Conversely some large buys as well, what a funny old world we live in :O)
2020-01-28 14:27:08 22.00 200,000 21.86 21.98 Buy 44,000 O
2020-01-28 14:27:03 22.00 200,000 21.86 22.00 Buy 44,000 O

Upomega,

December position shown by Euroclear was 8.43%
https://my.euroclear.com/apps/en/monthly-stock-loan-data.html#month=eq:12&year=eq:2019&limit=9&search=1&order=asc:abbreviation
GB00B580MF54 HURRICANE ENERG OR 163202196.4 1934084246.15 8.43%

Cannot access January figures.

Is this down to CFD's , maybe?

Certainly more than currently declared shorts at 0.71%

Racking my brain here, it is interesting why Polygon should be holding 550 million shares.
Are TFG the consortium? no idea, but thought has crossed my mind, ie 'Private Equity'??

Polygon are owned by TFG Asset Management.
TFG Asset Management - Private equity investments in asset management companies.
As at 30 September 2019, TFG Asset Management comprised LCM, BentallGreenOak, Polygon, Equitix, Hawke’s Point and Tetragon Credit Partners. At 30 September 2019, TFG Asset Management had approximately $26.2 billion of AUM(ii) and approximately 270 employees globally (excluding BentallGreenOak). Each of the asset managers on the platform is privately held.

Hawkes Point -Mining Finance?????????????
https://www.tetragoninv.com/portfolio/tfg-asset-management

TWISE,

'The company is on the brink of insolvency '

That may well be true, however the question still remains and still remains to be demonstrated , have the BOD's our employees acted in our best interests?

I would strongly urge all on here to join as a full member, whether you have sold or still hold.

The letter that has recently been sent to SM's BOD's is very well constructed indeed, and seeks answers to so many legitimate and fair based questions on the actions and series of events since the now known interests of AAL. and other interested parties.

Whats another £45 for membership in this whole sorry debacle? we all need to act as one concerted party, and express our views in a constructive and legitimate manner.

Please join.

'How the **** did they eff this up so badly.?'

Because they wanted to?

Thank You Amaja, much appreciated, please keep up the good work, thanks again.

Robone,

Difference in HUR/UKOG is HUR are earning $20m dollars plus a month in oil /tanker/liftings, circa (400,000 BO/month, eventually value will come about and the SP will increase accordingly. :O)

Please , remind me what are UKOG oil BOPMonth worth?

'No one was prepared to pay more than circa 3.5p over the previous three months, so 5.5p would seem to be a fair offer giving a 40%+ premium to shareholders.'

My thoughts on that issue, was the price always managed by insiders looking at a takeover to always be circa 3.5p?

HB,

I share your sentiments , re local Whitby etc, but disagree re;

'Even if Sirius had raised $600m at this stage, the balance might still have been a problem'

If that had indeed been forthcoming and the company had shown it's hand as to what was actually offered from other parties, ie Consortium, and why the BOD's turned it down, you may well have a valid point.

Unfortunately, SH's have been kept in the dark like mushrooms and for a very good reason, the company is more than happy to accept a takeover IMHO.

Most particularly when Directors and Employees are saved, all of course at the expense of those whom have funded all as to where we are today.

My own belief is that had the Shaft completion funds been made available we would soon be back on track with other traditional forms of capital raising, ie long term debt via banks, as the one and only major risk hurdle would have been largely eliminated.

That is the issue that cannot be swept under the carpet, and that is the issue we must expose.

Bottom line, would the company knowingly hide price sensitive information, knowing that is legally and duty bound by threat of legal action against its own directors if DSPP's suggestion of hiding information were credible?

Answer No.

I used to be in this Dog and lost a fortune.

Bottom line, until SS learns to respect shareholders this share will forever be worth SFA.

Dilution on the scale that SS has prescribed over will not add value to shareholders, SS is not interested in shareholders, only cares sadly in the pay packet.

How many shares does he own? after how many years in here? Answer SFA.

Skin in the game should actually mean something does it not?, but not with SS.

Learned my lesson and moved on, apologies to Scandic whom called it right so long ago.