Member Info for TheMoss

There could be some downward pressure in the next few weeks. Many SVS clients bought Petrel shares. After they went into administration the client could not buy or sell shares. This should be resolved in the next couple of months and they will be free to trade.

I would like him to buy the remaining share that he does not own and relist the company when he introduces his assets. He can not be expected to donate £49 m of assets to other people and all these unpaid shares and selling of locked in shares are messing the company up. The big problem now is what would be a fair price.

Are there no regulators who should be getting involved in this? This company is being ruined and lots of people losing significant sums by this chancers but there is not a peep from any regulator. AIM is for gamblers not investors. No more AIM shares for me.

I can't understand what Tamraz is doing. He approached Petrel. Someone has made cash by getting shares for 1p and selling them for 20p plus. However the amount of the gain is small compared to his reported wealth and the damage to his reputation.
He has created a complete mess at Petrel. He has a controlling interest but seems to have no commitment. Where do we go from here?

This will only move higher if they answer two simple questions.
1 Why haven't they paid the money due?
2 Who sold the tied in shares?

Not paying for the shares could be an oversight or cash flow problem. Selling shares you have agreed mot to sell needs an explanation.
They were 1.5p before the Concert Party came along. They are worth less now.
If AIM don't deal with this their credibility is zero. The people involved need investigating by the police.
The only person who has acted properly is the secretary of the company.

SVS were stockbrokers that went into administration. You don't lose your shares but you can't trade them until the administrator finds a new broker to handle the accounts. If you have Petrel Shares, unlike these dodgy directors, you can't buy or sell them.

I'm trapped in Svs as well or else I would have sold long ago. I've watched them go from £3k to £60k and back to nothing.

Oil Man Jim who is rarely wrong. Plenty more tips like this on his tips blog.

I would have taken my initial investment out and left the rest. I am happy for these people to make money as long as other investors do as well The shares are only where they are because they came along.

I have Petrel shares with SVS. At least we don't have to worry about whether to sell.

If you bought in at 8.5p and watched the share price tumble it may not seem fair but they are bringing more than the average shareholder to the table. If they come up with deals it will fly. If not it will bomb.

The shares increased in value on the news these guys joined the company otherwise they would still be trading in the 1-2p range. If at the end of 12 months they have not hatched a deal everyone's shares, including theirs will be worth a penny. If they come up with a big deal who knows what the price will be but it should be a lot higher.
It gives them an incentive. I am happy with the deal.

I can see why the price hasn't gone up. There is nothing we didn't know in the RNS. However I can't understand why it has gone down either.

Equity Fundraise = dilution. I don't know how you can get into such a mess repairing a few boilers. You would have thought it was a licence to print money.

Hope they continue an upward path and you get them back in full. Could be a happy New Year.

Should read I explained

There have been some big I explained falls of late and the results were due by the end of June. It is concerning.

That is a large drop. You would think someone knew something other shareholders don't.

If you hire a French retail graduate and get him to do a report on the market in France. Open a tester shop in some French town or city and adapt some of the existing designs it need not cost a fortune. In fact you could close "Getting Personal" at use the money saved to finance the venture. If it works roll it out. If it doesn't close it. The upside potential must be bigger than the downside.