Member Info for lonestag

Where s the 8.5 form disclosure?? If there was a short ,it would be declared

Have a look at eland takeover rns , hopefully we will get one soon
https://www.lse.co.uk/rns/ELA/recommended-cash-acquisition-v6sp8tj8swbuzlg.html

Vote needs to be 75% of the shareholders in favour

Leas...we still getto vote..the bod can not sell the co without approval...they can recommend the deal and thats all

It may come mid day...it was around 10ish when they announced the stratedgy review

Did u see what EUA did today..up close to 4p am and closed at 2.5p...wonder how many are stuck with a paper loss atm

Saves money that way...Awstin... lol

Tomorrow will be 14days since the last update that informed us that
" The Company has conducted a thorough process to date, including the provision of large amounts of data to interested parties and their advisors through virtual and physical data rooms, and management presentations in Bogota, Colombia. Multiple well-funded parties are engaged in the process.
The Company has issued revised bidding instructions to interested parties, inviting firm proposals to acquire the entire issued and to be issued share capital of the Company (the "Bidding Instructions").
News of an offer should not be that far away...

From the start the Bod have indicated that a cash/share offer was not preferred ...thats is my interpertation of what i have read in the updated to date from the company

"Following the approach from Maurel & Prom concerning its Possible Offer and the receipt of other interest in the Company, the Board concluded that the Maurel & Prom Possible Offer materially undervalued the Company and was not at a level, NOR IN A FORM, that merited further consideration"

https://www.lse.co.uk/rns/AMER/amerisur-resources-possible-offer-from-etablissements-maurel-and-prom-7p7jlqvtcnd3kd4.html

The Bidding Instructions make clear that proposals should include confirmation that any potential bidder is in a position to comply with requirements of the UK Takeover Code relating to CASH Confirmation (Rules 2.7(d) and 24.8).

Last company update made it clear that the bod want abcash offers only...
"The Company has issued revised bidding instructions to interested parties, inviting firm proposals to acquire the entire issued and to be issued share capital of the Company (the "Bidding Instructions").
The Bidding Instructions make clear that proposals should include confirmation that any potential bidder is in a position to comply with requirements of the UK Takeover Code relating to Cash Confirmation (Rules 2.7(d) and 24.8).
The Company is seeking to conclude the FSP in Q4 2019. Further updates will be provided in due course. Shareholders are encouraged to take no further action with regard to their shares."

They have been given provision that any bids are in confidential....The Takeover Panel has granted a dispensation from the requirements of Rules 2.4(a), 2.4(b) and 2.6(a) of the Code such that any interested party participating in the formal sale process will not be required to be publicly identified as a result of this announcement (subject to note 3 to Rule 2.2 of the Code) and will not be subject to the 28 day deadline referred to in Rule 2.6(a) of the Code, for so long as it is participating in the formal sale process. Following this announcement, the Company is now considered to be in an "offer period" as defined in the Code, and the dealing disclosure requirements set out below will apply.

Ok...thats just someone wanting to sell at 37p...not a mm....if you use ig.com..you get access to DMA tradinging where you can put trades in to buy/sell at specific prices

Willed...who’s the mm sitting at 37p?

Having trouble getting a buy quote with ig.com? Anyone else having issues

I did nt see the UT at open....but sp doing good...nice 50k buys going through

If u mean why LSE showing sp down..it was nt..just the normal usual LSE issues.

What wrong?

Why do you care...go spam another share if your not invested in this one

From last Operational Update
https://www.lse.co.uk/rns/HUR/hurricane-energy-plc-operational-update-uc7zccpfh98cxov.html

‘Hurricane's analysis of water production continues to indicate the presence within expected ranges of stranded or perched water, with no indications of aquifer water. Production over the last month has been through a single flowline and therefore water cut cannot be attributed between the two wells. Further data will be available now that production through both flowlines has recommenced. This will facilitate better understanding of individual well performance and water cut. It will also allow planned flow rate variation to be undertaken, in order to optimise well performance.’