Member Info for RobNic

Just asking a question. Seems this forum is primarily to pump up the value and excite interest, less interested in challenge or questions. Which suggests the responders are passive aggressive HALO execs.

I have no issue with the deals that have been done, was just intrigued as to why the re-listing is taking so long. And yes, am naturally suspicious as have seen plenty of companies that continue to make empty promises. Hope HALO is not just another snake oil company.

And I have no idea what the 6p club is.

Apologies, typo - I meant being cash generative, not "not" being cash generative. Seems to me that shareholders of HALO should be enjoying any cash currently being generated by HALO, as we funded it. Perhaps the only people enjoying the cash being generated by HALO, effectively being funded by the original shareholders, is the management of HALO (at least the ones being paid), which is perhaps unfair? Cochrane enjoying benefits not being shared with people who paid for this? What am I missing here?

So when is the EGM?

Apologies, typo - I meant being cash generative, not "not" being cash generative. Seems to me that shareholders of HALO should be enjoying any cash currently being generated by HALO, as we funded it. Perhaps the only people enjoying the cash being generated by HALO, effectively being funded by the original shareholders, is the management of HALO (at least the ones being paid), which is perhaps unfair? Cochrane enjoying benefits not being shared with people who paid for this? What am I missing here?

So when is the EGM?

Thanks for the explanation. Am not being "mischievous", simply didn't understand why the re-list didn't occur after the first major deal took place. Apologies, but am not familiar with AIM rules regarding de-listing, hence my question.

still don't really understand why the re-list couldn't occur after the Tullow deal was secured. Why would a subsequent deal risk another potential de-listing (after HALO had secured Tullow) if that subsequent deal took a while? Other listed companies clearly have ongoing slow-moving deals going on without risking de-listing? Perhaps there is a materiality test in the rules, and Cochrane believed the subsequent deal exceeded that materiality test in HALO's case and a (second) de-listing was a serious risk?

Yes, am an existing shareholder.

Regarding the cash. I may be wrong, but I thought the Tullow deal meant HALO is not "cash generative" (as per the September 2017 quote from Olderandwiser). Is that true, or not, ie cash currently being generated?

Does anyone know when the EGM may be? Will it be in The Hague? How do shareholders get forewarned about the EGM?

Can anyone explain the logic of not re-listing last year, once Tullow deal was secured? I understand the idea of more deals is better than one. But isn't it better and fairer for shareholders to get invited to the party now rather than in the future, and let shareholders decide whether to stay at the party?

And isn't HALO generating cash now which is not going to original shareholders?

I have a concern this is just one of those "the future looks wonderful" prophecies that never comes to pass, and only personally benefits the priests spouting the creed.