Member Info for ocelot

Yes, Hawkey, thank you for the clarification.

23.31% at 07/02/18 per court document cited below:

Big rise on the Dow towards the close, +1,293.96 on the day.

His existing holding through Focus was held by Davy Asset Management.

Let me qualify my earlier post:

some of your research is of benefit to us all, Ja51, some of your questions, too.

That is how it should be. One doesn't want to be given the impression you are simply pursuing a personal vendetta.

Don't remember any misunderstanding re costs (but can always be mistaken, of course).

Think you are being unreasonable, Ja51, don't want management time to be too absorbed by answering the questions of a shareholder of 1 share in the company, currently valued at the princely sum of 0.675% of a penny.

Ja51,

You were right about the 2nd Riverfort facility replacing the 1st one, agreed.

But it isn't reasonable on your part to ask:

"Could you please correct anything I have posted which you feel is wrong and warrants an explanation.
Ja51".

They have Saltfleetby and Balcombe to progress and an annual report to produce, let them get on with making a success of those 2 projects and answer any specific questions you may wish to submit.

gkb47, think it through.

Suppose they make 10% on 10m shares bought at 0.60p.

Suppose, now, they make 10% on 1m shares bought at 6.00p.

The result is the same.

Your question is much too broad, Ja51, you are not at war with Angus management, ... as far as I am aware!

From a court document dated 07/02/18:

(i) Karamehmet indirectly owns.100% of the beneficial interest of
Focus represented by its shares; (ii) Focus, in turns, owns 17.26% of voting ordinary shares in
Gene! Energy pie ("Gene!") and 23 .31 % of the Ordinary Shares of Gene!

This is taken from p6 of a Vallares press release of 07/09/11:

(2) Mehmet Sepil?s beneficial interest in Vallares Shares (which will be held through Genel Holding and PRM) will
be 14.5 per cent. Mehmet Karamehmet?s beneficial interest in Vallares Shares will be held solely through Focus
Investments, in which he will hold a 100 per cent. beneficial interest.

https://www.genelenergy.com/media/1230/vallares_galapagos_announcement_20110907.pdf

He's never sold out, there's been no change in his holding during the time I've been following the stock, which is why today's RNS is so interesting.

You've not mentioned Karamehmet, Hawkey, one of the joint founders of Genel and whose daughter sits on the board,

1. Karamehmet
2. Bilgin
3 Daax
4. Nat Rothschild

March should be a busy month: Saltfleetby CPR, Balcombe planning committee meeting + annual report for Y/E 30/09/19.

The name of Focus rings a loud bell: think Davy AM are acting for Focus.

Focus is Karamehmet:

https://en.wikipedia.org/wiki/Mehmet_Emin_Karamehmet

Possibly, or it could be a defensive move, to let a bidder know they will have to pay up generously should they seek to make a move on the company.

Considerably higher, I think, Boyobach, but it would depend on whether the bidder would be satisfied with taking 50% + 1 share.

Don't think a bidder would dislodge the principal holders at that price, who have stuck with the stock through thick and thin.