Member Info for ocelot

Well done, Boyobach!

You were only 12p away from getting the price spot on, ... whereas I was a mere 45p off.

Not the greatest of weeks for Genel, all the more disappointing because it had closed last week at 200.50p.

A week is a long time in the markets (apologies to Harold Wilson).

Make it +8.7%:

0.9848p > 1.0706p.

The first £600k loan conversion already done, therefore.

£400k loan conversion.

Following a GBP2m placing on 5 November 2018 and GBP1.5m draw down on 10 January 2019 the Group has A STRONG CASH POSITION. A further GBP2.2m was raised on 15 February 2019 to repay the GBP1.5m drawn down from our loan facility. This is after accounting for all costs associated with the testing of Brockham X4Z (completed after the reporting period).

From the RNS of 06/03/19, before they raised £3m+ and received £2.5m re Saltfleetby.

Agree with you, Torreaguas.

For myself, believe ANGS's cash position is quite comfortable and that JPT's loan is irrelevant, in financial terms, at the present time.

Oh!

It's a free country and a free market, YL.

How do you propose stopping someone from buying shares in a company quoted on AIM? (especially when those shares are at enticingly low levels).

At the present time, £2 would be nice!

Understand what you were saying now :-)

Not sure about that, Penguins.

If a poster believes the stock will rise to 1.82p, why swap their shares for options exercisable at that price?

Given the extent of the share's decline, and its abrupt nature, shouldn't take much for the rise to accelerate.

Fair enough, scallywag3, thank you for bringing that to my attention.

From that RNS, I note this line:

The Board of Directors regrets that this action has been taken at a time when the Company has reached an inflection point ...

Truer than they thought at the time!

4.25% at 11/09, as per their website's list of significant shareholders.

Never heard of that one before, scallywag3.

When one thinks of all the times that unwanted shareholders have built up much bigger positions than 5% and failed to obtain a position on the board, ...

Sorry to hear that, too, STOCKBUSTER.

All the best.

There's nothing to stop others from buying in cheap, too, gkb47.

Yes, up from 4.25% as of 11/09/19 to 5.02%.

Another poster came up with the explanation:
6.15% was the correct figure for the previous TR-1.
But various placings had since reduced his stake to 4.25% at 11/09/19, as per the website.

Yes.
See yesterday's RNS.
His stake increased from 4.25% (per website) to 5.02%.