Member Info for Medjed

Surin no worries 🙂👍

“ as some increase holdings...the percentages of others will decline”

This is incorrect. The number of shares in issue remains constant. Without further share issue a holder would have to sell to decrease their % of total shares holding

Is there a set date for Deloitte completing the review or is it whenever they finish, however long it takes?

Blackrock 7.5% shares no shorts

Barclays roughly 50/50 4.8% shares/4.7% shorts

What does it mean?

I can get a quote for my whole small investment now at Barclays.

Phew!

That's a relief. May as well hold a bit longer.

What a sh.it.show!

Cant even sell 100k of shares on Barclays right now

"Sidara are good at showing interest in companies & then walking away."

Ok I'll humour you too. Which other companies has Sidara bid for and walked away please?

I genuinely cannot find any others apart from Wood Group. Please enlighten us.

For your info, Sidara's first bid came in on 30 April 2024 at £2.05 when the share price was £1.48 (or £1.51 if you prefer the SP from the day before).

That's roughly a 35% premium.

"Sidara don't pay the going rate for anything or anyone.."

Lol! Yet they offered £2.30 when the share price was £1.85

First two posts and you contradicted facts already lol.

Well it won't be a raise tomorrow, they have to get that motion voted in first.

Only thing that worries me is no rise before news, if there was good news. Most of the time this info leaks and those in the know pile in a few days before.

But not always I guess, sometimes its kept secret until the RNS.

I really don’t want to be caught out by another placing.

“Just here to save lives”

Get a load of yourself JonBot 🤣

6 posts self-righteous nonsense

“Heron-1 to be ramped-up over time to a plateau of 9,000 bopd”

Wow!

Thanks Uund!

That caught me out, so its the nominal value of the share. That works out perfectly!

So only a potential ability to dilute by 25% from current Mcap not 43%. That’s less scary :)

Don't filter Sharebel. Poor guy, he's very useful. Just do the opposite of what he says.

The number of times he's been on a share ramping it, and it either went into admin or fell into permanent abyss.

And the number of times he's been on the chat board of a share de-ramping it and it went ballistic.

He's a good sign, unfortunately for him, he's de-ramping it, so it should go ballistic :)

Am I thick, Resolution 4 doesn't add up to me. $6.4m is not 43% of the total issued ordinary share capital. The current MCAP is around £20.8m which is $26.2m

"Power of directors to allot shares (Resolution 4)

Resolution 4 will be proposed to grant a new authority to the Directors to allot Ordinary Shares and grant options, warrants or other rights over Ordinary Shares up to an aggregate nominal amount of US$6,425,215.99. This amount represents approximately 43.3 per cent of the total issued Ordinary Share capital of the Company as at the date of this notice."

But the first part of this resolution seems to indicate that they have hardly any shares left to issue because:

"Pursuant to the Annual General Meeting of the Company held on 30 April 2024, the Directors currently have authority to allot such number of Ordinary Shares as may result in the Company having an issued share capital of 1,485,178,135 Ordinary Shares. As at the date of this notice, there are 1,483,883,601 Ordinary Shares in issue. "

Confusing

Well called Jack! I wish I listened, could have taken a nice profit at 3p and re entered today. Same thing with WG could have sold at 40p and re entered. I’m always too slow to trade these moves.

Jag said

“ Wolf - shorting PREM was (and still is) the most obvious bet on AIM at the moment. 5-10% drops every day now until it hits zero.”

Jag is that like selling hurricane insurance?

Every day you’re making money until one day the hurricane hits and you’re wiped out.

Tope

verbARCHAIC•LITERARY

drink alcohol to excess, especially on a regular basis.

🤣

Thanks for that. Fool are manipulators. Best to do the opposite if what they say.

they said the same thing about RR when it fell to 60 something p. Lool at it now!