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Https://www.youtube.com/watch?v=AM0rhQusUFE
MNRG interview.
EQT were looking to sell their stake. I think with the liquidity they will probably sell out.
They currently hold 60million shares,.
Relax. The new appointments are very serious players and will deal with the direction in which they will want to go. Don't need a million posts. However, regardless it is exciting. These guys are in companies worth billions and hundreds of millions so when they join a company worth £1million you can see what the potential may be.
Additionally it looks as if the focus, their main focus will be MNRG, That adds a different dimension.
They have received £1 million refund for BritNRG. They do not hold that nay more.
Https://www.proactiveinvestors.co.uk/companies/news/1025358/metalnrg-shares-charge-higher-as-trio-of-big-hitters-join-board-1025358.html?viewSource=TwitterUK
MetalNRG shares charge higher as trio of big hitters join board
I think there may be "one" seller who may be exiting on the news. Once he has gone then I reckon this will break through 0.1p.
Chris was previously the Chief Executive Officer of Gold One International and director of Sibanye-Stillwater, one of the world's largest primary producers of platinum, palladium, and rhodium and a top-tier gold producer. He is also the co-founder and CEO of African Gold Acquisition Corp. (NYSE: AGAC), a New York Stock Exchange-listed special purpose acquisition company, from where he will resign in due course to focus his experience and capabilities on MetalNRG. Chris will join the MetalNRG Board with immediate effect as Executive Director and work alongside Rolf Gerritsen (also Executive Director) to complete the business review and determine the best way forward.
Wow!
MNRG is tiny.
0wn 13.8%. No mention of new Dubai based investors. Interestingly with a massive spread only 50k available at 1.495p.
RNS OUT.
Selling has slowed down considerably. Rathbones and Herald who held 3million together may well be out but lets see.
Online is now 150k max at 1.40p which is the lowest limit since yesterdays RNS. And yes its a horrible spread but the company is worth more than current levels.
Took their entire stakes at 2.5p.
As i said earlier the volume today is probably the 2 institutions in Herald and Rathbones. Herald held 1.5million share and Rathbones 1.6million.
They did take the entire placing at 2.5p. I suspect the sellers today could be Rathbone and Herald . Both combined hold around 3 million shares.
Laura just FYI I hold a few. I agree after the placing at 6p the drop was extreme.
Are the same. A bit of warning that SEEN is very illiquid. Volumes have been tiny so Market Makers will move this on thin volume until they decide to increase online limits.
V illquid.
Can sell all mine at that price. I wonder if there is a buyer around for those.
Yesterday
Marathon Petroleum became the largest petroleum refinery operator in the United States, with 16 refineries and over 3 million barrels calendar per day of refining capacity.
Marathon Petroleum ranked No. 41 on the 2018 Fortune 500 list of the largest United States corporations by total revenue.
It would be massive news for the company. Reading through the lines the structure of assets has to be tailored differently. And that is fine as long long as they get it done.
Gone NT at 0.09p.