Member Info for ocelot

Riverfort, in all probability.

They're just doing their job, Riverfort/YA - on the contrary, I think they've been pretty reasonable with the way they've gone about converting their loan.

5m sold at 0.59p - bid creeping up?

That's a poorly-researched piece, seadoc.

Where did 13p come from? The intra-day high, back in 2017, was 11p, as so many other posters have already said on this board.

Should have said:

No pick-up in trading during the first 8 weeks of the 2nd quarter.

No pick-up in trading during the 2nd quarter.

With most of the period complete, the Group now expects that first half profit will be significantly below the prior year level. As a result, management expect adjusted profit before tax for the 53 weeks ended 3 October 2020 will be materially below the bottom end of the current range of market expectations(1) ...

"While UK housing market indicators have shown an encouraging improvement in the period since the General Election, these traditionally have a lagged impact on our trading and we would not expect to see any benefit from these until later into the second half - our performance during this period will be key to the outcome for the year as a whole.

There would be no market economy if people didn't pay for what they buy.

I noted oanda at about $54.50 at the market close.

Would certainly help Riverfort to recover their debt, if the share price could rise and the number of new shares issued be reduced.

Dow bounced at the opening.

In fairness, the Weald basin's Kimmeridge has yet to live up to initial expectations: Brockham proved a commercial failure, but so did UKOG's Broadford Bridge before it.
It does mean Angus's Balcombe will attract a lot of attention once it gets under way.

But Wall St's been around for a while!

p79

http://www.angusenergy.co.uk/wp-content/uploads/2017/02/Angus-Energy-NEX-Exchange-Bond-IM.pdf

wholly owned by Nathan Adamson at the time of the bond prospectus (Spring 2017).

Subdued day in the market so far (if not on this board): 15.2m shares traded for the present (per advfn).

Yes, still valid, but they do need to make taxable profits in order to offset the losses.

Means the current market cap of £3.7m is more than covered by cash resources and carry forward tax losses.

Significant shareholders' stakes adjusted for the most recent conversion into shares (24.95% in all):
Knowe Properties Limited 7.96%
Rupert Labrum 6.99%
JDA Consulting Limited 5.25%
Jonathan Tidswell-Pretorius 4.75%
The above information was accurate as at 24 February 2020.

This means that the Company has secured not only an important funding stream, but also has the ability to draw a line under the financing AS AND WHEN OUR DIVESTMENT STRATEGY COMES TO FRUITION and generates sufficient funds by itself to enable us to drive our key projects forward without the need for external financing."

It strengthens their hand in negotiations with potential buyers, makes it more difficult for potential buyers to exert pressure.

Still here, awaiting developments.

The oil market is poised for a recovery but will have to first tackle a severe virus-induced demand slump, the chief of Vitol Group said...

https://www.bloomberg.com/news/articles/2020-02-20/vitol-sees-oil-recovery-this-year-after-severe-slump-from-virus