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Thanks for the info, I see on my trading screen WAS is being replaced by ESTL , will have to wait and see
He may not marry you but he may be shagging us all
Tony will not have a vote so his 34% holding will not be included and it need 75% approvel to be passed. also from RNS it is their "intention to pay a dividend in the next 12 months" no amount specfied from my reading of both RNS today, I could be wrong as they are very long RNS
Tony will make a cool £314 Million at the 3.20 + the £166.667 a month adviser wage for five years + expences, It would be hard to say no to that amount
Thanks, on the question will we bw forced to take the £3.20 unless it is voted against
Are we being thrown out just as the party kicks off, and are we going to be forced to take £3.20 as from my reading about OML 30 it has the potential of 250,000 Bpd and possibely $400M to $500M profit a year, we should be getting £10 to £12" per share not this s**ite, correct me if I am wrong
Yes you have taken a big loss, I was working from Johns 350 Million holding going from (@ 1.9P a share) £66 Million to £100,000 (@ today 0.25) these are rough numbers, Using the same for 1Million share goes from £190,000 to £290, Yes I would be sick if I were in the same position, what options do shareholders have if you think their is some funnies going on ???
John Byrne is putting more of his money in after his present shareholding is more or less wiped like the rest of us, still we would all like 8% a year on any investment, we have a few years to wait to get anything back beats a funeral i suppose
Took my full rights issue amount, I understand that it is a high risk, but i also understand that to build and commission power stations takes years. once they get one running and generating income all will fall into place, my holding is small, as with all the AIM companies i invest in as all i need is one to come good (and some have ) to cover those that do not and give me a return on my investment, I not making Big returns but it is better than the deposit rate by far, DYOR Yours Shane
5 Mill Sell was a Director just got and RNS about same
see today's Trading Update expected to be 20% below EBITDA given in may my trading screen shows share price @ 33p down 13%. looks like chief financial officer got the boot, don't know what is going on but strange all the same.
UPDATE ON PLACEMENT FUNDS Wasabi Energy Limited (ASX: WAS, AIM: WAS, OTCQX: WSBLY), advises that, further to the announcement released by the Company on 31 May 2013, funds in respect of the placement of shares and notes in Wasabi and Wasabi New Energy Asia respectively to Augut Clean Energy Pty Limited ("Augut") have not been received by the Company as at the date of this announcement. Pursuant to the subscription agreements entered into between the Company and Augut, Augut undertook to transfer subscription proceeds prior to 22 June 2013. Whilst the Company has received repeated assurances from Augut that funds will be forthcoming, until such time as these funds have been received there is a risk that the placement may not occur as expected, in which case the Company will pursue its legal remedies. A further update will be released in due course. As a result of the delay, an Appendix 3B in respect of the completion of the Rights Issue has been released to the ASX and this does not include the 150,000,000 shares and options proposed to be issued under the placement in respect of the issued capital of the Company.
looks like the Directors are picking up the remaining unsold stock
ii loading up again see today's RNS, They don't seem to too bothered about the trading statement, maybe taking a longer term view. I have noted lately and number of trading statements from various companies causing a share fall but when the full figures come out a few months later it's better than expected and they fly back up again ???
Well done folks, my trading screen shows 37.5 now , hope you all do well today. I am in at 20p and happy to stay
The news is not that bad to cause such a large drop in the share price, a bit over done i think ??
dox plc (AIM: IDOX, 'Idox' or the 'Company'), a leading independent supplier of software and services to the UK public sector and global engineering information markets, announces a trading update for the six months to 30 April 2013. The Company is encouraged by the underlying progress made in all of its businesses during the first half and continues to be excited by the multiple growth opportunities available to it. However, in light of a slower than expected first half of the year, the Board now thinks it is prudent to anticipate full year EBITDA is likely to be no less than £18 million, which reflects uncertainty of timing as to when those opportunities will crystallise. The UK Public Sector business has continued to increase its market share in its core markets, with the sale of 50 new systems in the financial year to date. We continue to promote and have been successful in growing our version of managed and hosted services while partnering with local government to deliver cost savings and improved services. We have completed contracts with the smallest unitary council, the Isles of Scilly and larger councils, such as, Hart District Council, Canterbury City Council, Sandwell MBC and North East Lincolnshire. These contracts are worth a total of £1.6m over the next five years. The Company has been awarded a further local government reorganisation contract in Durham, replacing 18 competitor systems and has been appointed the sole solutions provider for Planning and Building Control at Rossendale Borough and Sefton Metropolitan Borough Councils. The division is now starting to bid for contracts outside the UK in all its areas of expertise and has recently been awarded a framework agreement by the Norwegian Ministry of Local Government for an election contract. Within the Engineering Information Management (EIM) division, the enterprise sales pipeline for the business has grown significantly since the start of the financial year; however closed order values are lower than in the first half last year, which included two large enterprise deals. The division has seen growing interest in its off premise McLaren OnAir offering and SaaS based solutions. Recurring revenues in the division have increased by 18% to 58%. In the first half McLaren launched its virtual Business Process Outsourcing offering for document control. This has attracted strong interest and our first contract, worth £0.4m for the first 12 months has been signed in May. The division has continued to expand its global sales coverage and is on track to deliver multilingual and global 365-day support for its enterprise solutions. Whilst the Information Solutions business has seen slower than expected growth, due to reductions in Dutch grant rates and UK Government spending, it has maintained content subscription revenues, forged new partnerships and expanded its geographical coverage across the Netherlands during the pe
Link The Irish Times Saturday 27 April 2013 http://www.irishtimes.com/business/sectors/energy-and-resources/heritage-oil-executive-dishonest-court-hears-1.1374601
Heritage Oil executive ‘dishonest’, court hears An oil executive was yesterday branded a liar for evidence he gave in a multi-million pound tax case taken by Tullow Oil in London. The chief financial officer of Heritage Oil, Paul Atherton, was described as a “patently dishonest witness” as Tullow closed its legal battle over a £209.5 million tax bill. He was said to have lied under cross examination, as the court was urged not to accept anything he said unless it was corroborated by another witness. Tullow’s lawyer, David Wolfson QC, said: “He was a patently dishonest witness, and that is not a submission I enjoy making. “Quite apart from the fact that he took an oath, there really was no need for him to lie about anything. Tullow is seeking to recover a tax bill it paid in Uganda on behalf of Heritage. It had been suggested during evidence that Tullow executives discussed paying a bung to Ugandan president Yoweri Museveni, based on an email sent between Tullow executives. But Mr Wolfson said the document in question contained “no hint of any suggestion” that a payment would be made to the president. He said the allegations against the president had caused “serious ongoing issues” in Uganda. ‘Irrelevant’ “Heritage’s insinuations were irrelevant to the issues that arose in the case,” he said. Tullow has brought the case against Heritage after paying $1.45 billion for a 50 per cent share in three huge Ugandan oil fields back in 2010. The Ugandan government then demanded $313 million from Heritage in capital gains tax on the deal. Tullow said it was then forced to pay Heritage’s disputed tax bill so that it could secure approval on the sales of two 33 per cent interests in the fields in early 2011. It is suing Heritage for the return of the tax money, claiming the smaller firm should have ultimately footed the bill. If Tullow can prove it believed the claim from the Ugandan government to be legitimate,it will win the case. Kwahar Quereshi, representing Heritage, later yesterday accused Tullow of colluding with the Ugandan government in making its tax claim against his client. “Tullow’s collusion with the Government/URA, in terms of both the time period and scope of the matters involved, was as wide ranging as it could have been.” He attacked company secretary Alan Graham Martin for destroying key documents in the build up to the case, which may have detailed this collusion. Documents destroyed Mr Martin admitted destroying documents during his cross-examination, saying he “got rid of a lot of notes when [he] left Kampala”. He said the notes were crucial in determining whether the company had changed its mind on the validity of the tax claim made against them, as well as providing any evidence of collusion with the Ugandan government. He claimed Tullow was