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And again, weak volume, few trades, stable price ... and that for the (likely) last trading day ... everyone seems to have taken his position.

Indeed, it seems that today will be the last trading day.

Either way, the fact that today, the last trading day, the volume was rather low and the price even ended up positive, is actually a very strong sign of what could be ahead!

Quote : 'The Company is an AIM Rule 15 cash shell and, as such, is required to make an acquisition or acquisitions which constitutes a reverse takeover under AIM Rule 14 (including seeking re-admission under the AIM Rules for Companies) within six months from 4 May 2020.'

I would rather guess that we will not receive an RNS until after the suspension (i.e. in the next few days), where more details about the RTO may then be made public. Since the RTO may not be in place yet, they can't publish stock market news until the price is suspended...

Isn't the reluctance of Riverfort a strong sign that we should stay positive? AAOG's management must have provided Riverfort with clear evidence of an upcoming RTO (IMHO).

Well, the stocks aren't much worth, so selling them now makes no sense anymore (should have been active much earlier). Now we have to grit our teeth and get to it! I am still optimistic that we will have an RTO and then I would be sorry for anyone who would have sold his shares at that point.

Well, the stocks aren't much worth, so selling them now makes no sense anymore (should have been active much earlier). Now grit your teeth and get to it! I am still optimistic that we will have an RTO and then I would be sorry for anyone who would have sold his shares at that point.

I didn't know Forum had a different kind of stock than us ordinary umortals....

nice one, Irish!

Alexios,

Your arguments sound correct, but you fail to see a crucial point, and that is the way Forum operates. They are the trigger in this game and their approach so far looks like they have a concrete plan.
Remember Paul Forrest (Chief Executive of Forum) words : "Forum is pleased to have taken a strategic stake in the Company and we are looking forward to working with the Board to create shareholder value. Forum has, through its investors and network, access to sources of funding as well as exciting and viable projects in the natural resources sector that could be suitable as acquisition targets for AAOG."

Everything Tiburn wrote was consistent ... AAOG's approach also fits his assumptions. I therefore see a good chance of AAOG making a comeback. We shall soon see whether they ultimately turn out to be true. In any case, I took the risk of holding onto my shares and even increasing them significantly.

No... staying below 500m shares in issue remains the goal IMHO

what are you talking about ?

Result of Annual General Meeting
01 October 2020

Anglo African Oil & Gas plc is pleased to announce that at the annual general meeting, which was held at 11.00 a.m. today, all resolutions were duly passed.

In my opinion, possible dilutions is at most priced in. Maybe we will know more tomorrow after the AGM…. 'sink or swim'

If Forum doesn't intervene, all of their investment is lost ... that should be motivation enough.

Hi Tiburn,

That's what I call a subtle answer :-)

I couldn't resist either and had to buy 200k more... the prospects are simply too good

What could be the reason for this?