Member Info for JiffyBag

Schofield,

Re: JBG's 'Stop the blatant mates rates dilution and ripping off the poor to feed the rich.'

JBG has a valid point, there is no denying that imo.

Hopfully, the appointment of Nicholas Mardon Taylor , ex Hurricane Chief Financial Officer will start to influence change on that front? ie Rights Issues versus CLN's ? Can never understand why this was never undertaken as oppossed to those crooks from YA..

Jp,

Thanks for that.

Very Murky pond indeed.

If correct can one assume they have either got wind of an imminent positive RNS or are simply de-risking?

Jp,

There are no short positions currently open according to this site.

https://www.shortdata.co.uk/company.php?isin=GB00B9MRZS43

Could it be the French coming again? :)

Jay,

Thanks,

In other words re:

"A slight complicating factor is we don't know who currently holds the CBs, nor at what volumes, which is another 20% of voting rights assuming they convert.."

In order to vote in such a scenario,CB holders would firstly have to convert I assume?.

And secondly, why is it that we don't know whom currently hold the CB's, is this not registered anywhere?

Whatever happened to Degsy Almond, he used incessantly to ramp this pile of crap , has he gone now?

This company reminds me of Ortac Resources, now known as Arc Minerals and GGP.

Basically a company that promises the earth, strings it's investors along year after year, but delivers SFA and enriches only it's directors.

Another TW Slam Dunk pile of crap..

Are you talking 5hite again !:)

16:34:34 01-Oct-2018 1.98 GBX 9,700,000 191,575.00 Off-book AIMX
16:30:55 01-Oct-2018 1.96 GBX 5,200,000 101,764.00 Off-book AIMX

Jay,

I agree a very interesting question.

The potential value as of now though, is perhaps value is lower in the context of what is known, versus what the potential value might be when fields are fully developed, and as yet are still to be ascertained.

Now, the question in terms of being taken out at circa £2 is , ........ would a major holder whom might sway such a decision, decide to sell up prior to that potential valuation being proved up?

I don't think so imo, ie, in the medium to long term, ie 2 -5 years all looks very optimistic to me, and and so why sell up now , if you can afford to hang on for a few more years and potentially multi bag?

Question is though are CA or Kerogen looking at a short term horizon?

I don't know the answer to that question.

Re: Never mind about the lefty green Bias BBC and Channel4news.

Absolutely, and add Sky News, and the Guardian to that list, biased as a 9 Bob Note.

I don't think they would if the real potential value of the assets was realised and was clearly under bid.

It wouldn't make sense nor succeed, imo.

Very interesting post missdosh,

Re: the £2 Versus £10 buyout price.

Whom has the greatest leverage here in such a scenario? is it CA + Kerogen , versus private retail investors?

I admit I do not know as yet whom has the majority holding, but I do suspect and think it is the ii and fund holders.

Anyway that saying, it would all have to be put to the vote to all share holders, so what makes one think that CA et all would capitulate at £2?

I don't think they would if the real potential value of the assets was was under bid.

https://www.youtube.com/watch?v=EMRJT2ebvAk

Doria,

You are wrong.

There are NO sides in investing, one has to take a holistic approach.

Look it up.

Scully, Doria,

FFS, stop barking up the wrong tree:)

Jay,

No worries, it's healthy to have a view and perspective of either side of the continuum, and hopefully reality will exist somewhere in between.

For myself, this is good news tonight, get the paperwork out of the way, prove up the Kims, and move onward's all being well.

Doria,

I can assure you, JayKay and Ifonly are not one and the same, one only has to look at the posting history, poles apart in intellect etc.

Ifonly is an unlucky swing trader imho.

Monday :)