Member Info for Medjed

Doh! missed that one!

17.1% personal holding blimey!

plus 24.5% Anavio, his company.

That definitely smells like something good is coming.

Thanks! That could be seen as a positive sign. How do you know he's holding 1.7%?

Who's Jon Howard?

Ashwaldo I do get where you're coming from, but I do think that not all AIM start ups are as bad as COPL. Some of them are genuine I think, or would like to think.

COPL just seems pure evil. When I read that Guardian article that they helped Exxon steal a Liberian oil field it really clicked these guys are world class mafia. I wish I read that article before the sp collapsed I would have sold up.

Thanks StockCheque! I should have known that! so that's a hostile takeover when the interested party starts trying to grab all the shares.

Sorry if this is a naive thought. Wouldn’t JD be better off grabbing as many shares as he can at this low price, not just 30% but as close to 100% as possible, then he can make a decent offer for the remaining shares without paying too much.

Just for example offering £2 for just 20% of shares is less money than offering £1.2 for 70% of shares.

Or doesn’t it work like that? Does he have to make an offer as soon as he crosses 30% not giving him time to grab much mire than 30%?

Jazzyjim we don’t even know if Anavio still hold 1.3 bil. Since these guys are so useless at issuing timely TR1s.

All I am saying I find it hard to believe PIs are holding most of the remaining 2.37 billion.

We know the large shareholder group holds only 8% and I assume they are by far the majority of the PI holding.

So who’s got the rest? If the company is bust they are in for a big loss.

I am not new, but have come back after cementing my loss to try to win it back.

The question you have to ask is, who would buy the billions if new bond shares? Not PIs there aren’t enough of us.

And I can’t believe any II would be dumb enough to buy shares in a ‘worthless’ company.

Nick and Jim, I don't disagree all valid points.

It could go either way. I don't want to convince anyone to buy in or to sell, just my own reasoning.

COPL owes me £11k, I made it back on HE1 using funds from other stocks so I have put £1k back in for 2mil shares as a risk in case it does recover or get sold for a decent amount to try to make the original investment back. For me this is worth a risk as my HE1 investment is doing really well and could easily offset the loss of £1k.

No one should risk more than they can afford to lose.

“they won’t lose anything”

Yes but according to your analysis if it goes bust they won’t have made any money either.

Do you think they would have gone through all this to just break even?

Ok nick. fair enough, but answer me this. who holds the other 42% of shares? it is not PIs we only hold around 8%

Sure perhaps Anavio will be paid off for their bonds if it goes bust as a 2nd tier creditor after SL is paid off.

They are still going to lose the value of their shares as under your theory no one will want to buy those shares.

Under my theory even if they do dilute to 20 billion shares to hold almost all the shares to gain from a sale, and the company sells for £200 million or over, that still represents a sp of 1p+ which is not bad from current levels.

Then its game over for them too, they still hold 24.5% Anavio and 24.5% the other single entity, plus who knows which other II since they didn't declare. Large shareholder group only hold 8% and remaining PIs even less.

So some IIs stand to lose a few million if they let it go bust. Sure maybe they made a few million too, but why lose when they can make even more?

That's why I don't think its going bust. I bet you its going to magically turn around after SL is paid off and production will improve a lot. Or a JV may even come back to buy it out.

I believe this is the game Anavio and other dodgy 'investment' funds are playing, they want to hold a big slice of the cake because they expect a buy out offer for a few 100 million.

Lol! Definitely! Massive downward movement coming for lying VAST. All the way down to 0.0000

Well done to the brave who bought a lot at 0.038/0.04

I was only brave enough to put back in a tiny bit.

Lets get back to placing price 0.15p at least.

Weird moves by Tosca. Why buy 27% last week and then dump 3% or so?

Is this normal? To sell out just before an imminent buy out over £1

LOOOL what a loser

Even if it does its only temporary. Are you a trader or a investor.

Traders lose 80% of the time ;)

Did you see the spike back up to 2.54? don't get left out in the cold ;)

Good luck to you too. This could get bought out any time, I'd hate to be out.

If you want to trade it good luck, but keep a toe in or you might regret it.

Back to 3p already magnanamous ;)