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'The Board notes the results of these resolutions and the significant vote against them. We have engaged with shareholders to understand their reasons for voting in this way and understand their concerns, in particular in connection with events connected with the Company's proposed Restructuring Plan.'
OK, first 'thing', there are only TWO of the 'old' members of the board left, aren't there?
Second 'thing'. 'They' want to 'understand' why SH's would NOT 'agree and vote for' to lose 95% of their 'holdings' to 'finance' THEIR 'life styles'. I think 'that' is 'filed' under.....'DUHHH'
Golden 'handcuffs'.....might be more 'appropriate'
1) Will 'our people' on 'board' now, thx to CA, ask the remaining on 'board', CFO, 'where's the 337 million 'you' erm, forgot to mention at court case 'hearing'?
2) Will 'our people' on 'board' now erm, 'discover', or ask, the last men standing of old 'board', WHO exactly 'constitutes' the make up of the all 'so important, secretive'......'Ad Hoc' bondholders?
'wonder' if WSB will 'pick up' on this 'massive' VICTORY for the 'little guys and gals'?
'Shareholders Together Strong'!
'I would also like to welcome David and John to Hurricane and look forward to working with them as we aim to maximise the value of our West of Shetland assets for the benefit of stakeholders." Hmmm, 'thought' there was NO 'value,
anywhere' for HUR. ' 'I would also like to welcome David and John to Hurricane and look forward to working with them...' NOT, i suggest, so 'looking forward' to 'showing' them the 'books' for the last year, and the wheezey 'plan' to 'scam' shareholders. IMO, if the judge, had 'sided' with HUR BoD, and set 'a precedent', that 'other's' would be able to 'cite', in 'courts', then EVERY (dodgy?) 'company' would have 'used' the same 'scam' to 'shaft' SH' out of their 'shares'.
What will actually be 'decided' at AGM, 30th June 2021? What are the most 'important' dates in near future?
Why are the BoD sooo 'reluctant' to NAME the 'ad hoc' bondholders?
@LegalEagle1.
There's an old adage that says that 'Once i lied, i had to make up a thousand other lies to cover that one lie. I had no choice but to keep lying.'
Think 'this' might apply to the 'inconsistencies' in the HUR BoD erm, 'statements'.
Is 'today' the last 'HURrah' for 'shareholders'? 'Somebody' is still 'buying' these 'shares' now. People 'bought' these 'shares' today at 1.45p and have a paper loss of '26%', just today. Can't be 'happy' with that, surely?
Will this court 'action' be 'settled' by who has the 'best' lawyers?
*correction to my last 'post'. People that 'bought' this share today at 1.45p have now 'lost' 20% ( down to 1.13p).
So, the 'people' that bought this 'share' this morning, for 0.145 have 'already' lost 20% in just hours. Bet they ain't 'happy'!
ISTBC. For every 'seller' of these 'shares', there has to be a 'buyer'. WHO do we think is actually 'buying' at this SP?
If, IF, 'all things being equal', where should (could) the SP of HUR actually 'be', in relation to 'other' oil producers, at the moment? NOT this 'low' surely?
WHY is sp going 'up'?
shares 'suspended' Sky 'news'
@parkez
If 'they' had 'morals' they might! T Cook were still taking 'bookings' up to the very last minute/second before going 'bust'! Lots of 'companies' do that. Imo, if the BoD's 'know', in advance, it's 'curtains' they should all be 'done' under 'proceeds of crime/s' act! Let 'them' live off 'pot noodles'!
So, 11:59pm tonight is the 'end' (or beginning) for their 'strategy' ('threats' of 'adim/closures') to come to fruition. Not CoP stock market? (4:30pm) So, almost 7.5 hours to still 'do a deal' then? Whatever happens WE will all be 'glued to screens' at 11:59 pm tonight. If it goes pete tong, i'm living on pot noodles for 'years'. lol. Won't be able to buy any at poundland (2 for £1) from closed shopping centres.Damn!