Member Info for Taxistoohigh

300m

That strategy is working well. Price has fallen every time YA want it too.

Why would saying it’s due for an uplift be ***ing people off.

Hardly a newbie, been in and out of this stock for 6 years. Bought back in recently for sure. My opinion, but I think this is due for some up lift or it will bust. But I’d go for uplift myself. GLA.

So you got it wrong. Get the fact right before posting crap. Anyway why are you here are you even invested?

LSE says there are 542 today, but when you download the share trades there are only 481, missing 61. Volume is 171,364,676 against 214,706,133 missing 43,341,457.

Agreed Ipadtrader

*Tellurian.

Tellurium obviously need money but not at this price. GLALH.

Why have we had all these small trades over the last few days at the same times each day? Any guesses?

Done

This where I disagree, we were offered £1 a share as part of the deal with S&G. 10p was kept in an Escrow account for any future settlement relating to the deal. This was due to be paid one year after the deal. S&G managed to convince a judge that they had a claim to the Escrow monies and he agreed that they could have and the planned pay-out was held over. This has now been settled and the monies that paid for the fund came from the deal, need to be paid in the same way the 90p was distributed. This my belief and as you say we will find out in due time what will happen with it.

The meaning of an Escrow account:

escrow account

(1) A separate bank account for keeping money that is the property of others.

If it was an asset of the current company it would not need to be in an escrow account.

The escrow account is not an asset of the current company it is held in trust, paid for by the QPP shareholders to cover any further costs. These are now settled and will be paid to the shareholders that were shareholders at the time.

Dividend payments are paid out of current profits. The Escrow was created with proceeds from the sale to S&G, keep up.

Thanks, just confirms that 10p was used to fund the Escrow. So the QPP shareholders who received the 90p own the Escrow and are entitled to the 50m - 11m + investment income.

Agreed 90p was paid out then, but 10p of the £1 total was used to fund the Escrow, which was due to be paid out, but stopped by S&G. All the original holders at the time are entitled to the remain Escrow after the settlement and any interest not the current shareholders.

I’ll go for 4.56

All these sale reversals are odd. Perhaps YA have been overstepping the agreement and told to calm it down. Good luck all LTHs