Member Info for obone

From yesterday's RNS I quote these positive points:-

1. The Company reports that the Directors have applied to participate in the Open Offer, and further details will be announced separately.

2. In accordance with the terms of the Open Offer, the board has, at its discretion, made available to certain new investors a total of 13,939,498 New Ordinary Shares under the Open Offer, representing a percentage take up of 26.6 per cent. of the New Ordinary Shares available under the Open Offer.

3. The aggregate total of New Ordinary Shares to be issued pursuant to the Open Offer is 52,439,328 New Ordinary Shares. The aggregate amount raised pursuant to the Open Offer is approximately £1,179,884.88.

IMO: Directors will have more skin in the game..New investors....good amount of cash raised....
I also believe the market has factored in dilution already and SP will hold

And in Aus OEX SP recovering again

0.0040 AUD +0.0010 (33.33%)

cp, looks to be bed & break shares into an ISA ?

Thanks StoneFold

What can others see on L2 ?

Has LSE AST trade feeds failed ?

hmmmmmm

0.7625 to 0.797

Yes, whats going on or not as the case may be ?

6.25% holding - that has to trigger a TR1 / form 8.3 because above 3% swing
£1.44 million

SSE still committed to dividend which means the divided yield is now 8.25%
I , and pension funds, hold for long term income so the ups and downs not so important as long as SSE can cover.

SSE lost money more due to its poor energy forward trading.
Better modelling required !

0.735 - 0.785

Try some dummy trades real spread is tiny...
0.727 - 0.735

More likely eom.
Colin usually late, often more bad news thrown in.
I would just be pleased if delivered by eom as Colin anticipated.
Then AST SP can recover - big time.

My money has been debited from my HL account. The shares are held in an interim line. I went for a 13 times over allocation with no dealing cost. It looks like they have been allocated ?
My original shares cost me 3 times this amount. Crikey - empty pocket.
It some what reduces my average but I still need to more than double to recoup.
I am more optimistic about SOLO with the new BOD but the market needs to start believing the company is on the up.

I am bit worried our large consistent seller has inside knowledge.
But have to be optimistic that an ASX:OEX trading halt before the 19th September court case means a settlement has been made. Why there has to be a halt to trading when an announcement can just be made is beyond me unless legal paperwork takes time. I also see ASX:OEX is up 33% at 0.4 aus$cent
Clearly there will be an LSE trading halt tomorrow morning.
Then I cross my fingers for a day but no later than Thursday.

For balance, I saw a post from Reso that its no mystery something like 0.775p resistance had been broken at the bottom end. His post has now gone.

I cannot fathom out why the SP has dropped today.
We get the news that last amendments have been submitted on time for the IPPC license.
This is what is going to rerate this share.
And it opens the door for the JV/takeover.

OK we have the INA maintenance outage but we have been closing and reopening the wells to give adequate pressure anyway. Its small beer in the scale of things. Meanwhile the gas price has been high giving some compensation for slightly lower August flows.

Please can others explain the SP drop to me.

I cannot see ARSO not providing the IPPC license by end of this month or so after whats gone on recently with PI pressure and British Chamber of Commerce commitment. There'll be back after holidays.
The well re-entry permits may take longer and need ARSO chased.

Disciple, you must have missed my post when CH replied with original questions
I refer you to my post Thu 12:59
'We are still on track to deliver the IPPC responses as previously outlined.'

The RNS says basically what he emailed me.

I guess you know on LSE you can search Members and find their posts.