Member Info for Keepwell

Wish granted

Planted
The thought crossed my mind too

What is kerogens share Holdings, wee they not aging the short game??

Mr Tao gone!

Have increased their holdings to over 10%

While the country is on alert and on level 4, this and so many other stocks are not moving.
Upside, breakout, potential, oversold, lovely overused words, but right now mean absolutely nothing.
If you were a major investor, would you hand over your money with so much on a knife edge. It's not a time to be buying even if the SP is ridiculous. Sense the country is on HOLD right now.

British, another stock, nothing to do with hurr

I'll still take 25p, but what decade will that be?!

The whole market is in the red, everyone watching the covid update, that's purely why.

I have tried to paint a clear picture about share holders within a company and how they can operate, it is all subject to share holders agreement.
Yes, what I said about the big share dump on Friday is speculative, but every single poster that talks this sp up or down or guesses and fixes the pump, owc etc etc, is too. That's ok isn't it, it would be quiet here without discussion. I'm quite happy to be wrong, it hasn't cost anybody anything.
At least we'll know about my speculation sooner rather than later. Some have been waiting years to get their ideas confirmed, or not.

Purchase of Shares
Once a shareholder is terminated, the controlling shareholders may decide to buy back the shares of the departing shareholder. There may be a shareholder agreement that gives the remaining shareholders this right. Alternatively, this right may be provided in a buy-sell agreement.

Additionally, the right must be based on the current circumstances, such as the agreement specifically stating that this right is triggered upon the employee’s termination or upon a dispute arising between shareholders.
The controlling shareholders may want to buy back the remaining shares for a number of reasons. Remaining as a shareholder usually means that this individual has some power and link to the company. For example, he or she may be able to still elect directors, receive dividends or participate in shareholder meetings.

If the controlling shareholders decide to buy out the departing shareholder’s shares, the next decision is at what price to pay for them. The parties will want to ensure that the price is fair for all parties. The shareholder agreement may specify a procedure for this process, such as having an independent appraisal conducted or using a specific accounting formula.

Not always true. I know some ex senior partners in a rifinery, they knew when they joined they could buy shares.
But it was written should they leave, you turn them in at an agreed price. To then be redistributed.
Now as I said, DrT was being blamed for his own demise so yes got a rubbish deal. There is no way Hurr would allow DrT to reap the benefits from its future successes.
Anyway, I have tried my best to paint a clear picture, we'll see Monday morning. Bottom line, like most here I want to see the SP climb. However that happens. And I am whole heartedly sorry if I have called it wrong. But it's only discussion so really no harm in that is there. I'm not here to rial anyone.

He 'did' own them, providing under the employment of Hurricane.
It happens in alot of companies. Big wigs especially, if you own company shares, when you 'go' you turn them in.
The hurt was having to wait for the SP to be low, 2.7p, and of course, happens 1 week after Mr M.
Hurr proved Trice damaged the company, the share price aniliation is simply part of his punishment.
If all was well and Trice was right, he would have got dividend payouts on his holdings, works both ways.
Now Planted, I have listened to you and your Mother Trucker Rig for a few months now, never was rude or said balls to you. Show me the same please. And, so far everything you said actually was bo****ks.
Let's be respectful.

If Trices' contract included the shares, until such time he was no longer, then he would have to sell....
See the shares like a company car, it's yours till you leave, then company will claim it back, any damage done you are going to pay for. It's a perk, then he lost it after Hurricane proved his shares were next to worthless. That's the damage part, he heavily lost out. Which actually means, their is huge confidence the SP is going up and Trice is entitled to zip.
Keep up, says Keep Well.

Planted, CA just increased, doubt very much it's them.
Kerogen-your best friend Mr Tao, really?

Malrees...only July, feels hell of alot longer.

It's simple, that's one hell of a coincidence in share numbers don't you think, who else has that many?
Of course, everyone else speculates this company and guesses what is happening, so thought I'd add my thoughts.
If I'm right, it will all fall into place.

Flynch, shares now belong to the company.
You are right, an RNS will be issued if such a transaction has occured.

Did relinquish his shares...here's why...
Resignation on the basis of lacking competence can quite easily be paired with a deep discount on any sort of compensation out of etiquette - essentially you are acknowledging you’re not the right fit and forfeiting your chance at future profit, and you are leaving unfinished business for someone else to clean up and take care of.

His shares will automatically become/remain the property of Hurricane. In walks Mr M.
There would have been a messy battle regards his competence, hence the 11th September review. That was DRT being discredited, 1 week later he is left with just under 1000 shares, shares he probably, physically bought himself.

Perhaps sell is not the right word.... relinquished.