Could be that everyone is in bank holiday mode and not interested in Maggie.
Thanks L1. I suppose the big question is 'why' did SOS sell his shares. Why did he leave the company without giving any reasons to the shareholders? I think we should be entitled to a RNS from Rita giving us the version of events.
Anyone want to comment on this move by NTOG?
Hi L1onheart, Why do you consider this move to be a disaster?
26/05/2017 7:30am TEMPORARY SUSPENSION OF TRADING ON AIM OROGEN PLC At the request of the company trading on AIM for the under-mentioned securities has been temporarily suspended from 26/05/2017 7:30am, pending publication of an admission document. ORDINARY SHARES OF 0.01P EACH, FULLY PAID (BYXD456) (GB00BYXD4566) If you have any queries relating to the above, please contact the company's nominated adviser on +44 20 7213 0880.
I managed to find it lol. Orogen plc ("Orogen" or the "Company") Loan to Thread 35 Limited and temporary suspension Heads of terms agreed for acquisition Potential reverse transaction of e-commerce womenswear brand Orogen plc (AIM: ORO), the recently formed AIM Rule 15 cash shell seeking a reverse takeover candidate, announces it has agreed heads of terms with Thread 35 Limited ("Thread") to acquire Thread's entire issued share capital, subject to certain conditions and due diligence. This acquisition would constitute a reverse transaction under the AIM Rules. Thread operates an e-commerce womenswear brand, targeting 35-55-year-old women under the brand name "Sosandar". As part of the proposed transaction Orogen has made a secured loan of up to £250,000 ("Loan") to Thread. The Loan is interest free and may be drawn down in two tranches. The first tranche of £100,000 may be drawn down immediately, whilst the second tranche may only be drawn down on the condition that letters of intent are obtained by the Company from Thread's shareholders to accept the terms of an offer to acquire their shares. Temporary suspension Consequently, the Company has requested that trading in its shares is temporarily suspended, pending either the publication of an admission document or until the proposed acquisition negotiations are terminated.
Morning all. Can someone post the RNS please. I am having difficulty finding it. Thanks
Hi J, can you tell us where you saw the rumours of a placing. Thanks
Now showing 0.14 to buy.
If the Final Results for the year, which are due in June, show a profitable and excellent year then Maggie has to start to show some recovery in the SP. Today's RNS confirms to us that the BOD are in control and have a sound business plan.
Answered my own question. Summary of Wells Category Number of wells Producing 157 Being drilled / completed 13 Elected to participate / waiting to spud 49 TOTAL 219
Good morning maggots, Anyone have any idea how many Wells we have in the system at present?
Nothing wrong with today's RNS. It only gets better. :-))
Can't see much happening on here until late June when 'Finals' are issued. Unless something mega happens such as Continental buying us out @ 10p. per share. Now that would put a smile on my face. LOL
Hi G7, I think we could be on our other channels watching and waiting in anticipation as the shares begin to soar. Three of mine are MRS and KRS and WSG. and they are keeping me very happy at the moment. :-))
Christopher Potts (the new major shareholder) has a mention in this report. http://guerillainvesting.co.uk/2017/03/31/exposed-tom-winnifrith-going-jail/
. Robert134 . The report mentions Christopher Attur Potts' He became a major shareholder in Oregen this week. Yet the report mentions that he was banned by the FSA.
It looks like the market likes it too.
Good news. Now how will the new Directors shape up. Board changes Immediately following the General Meeting, Colin Bird, Edward Slowey, Michael Nolan and Alan Mooney resigned from the Board and Steven Metcalfe and Mark Collingbourne were appointed as non-executive directors of the Company with immediate effect.