Member Info for Yanis2005

It does indeed Ocelot. We can now see the light at the end of a long tunnel :)

BV, my friend I am now very confident that the SP will go up. The only hurdle, EA approval, should come soon IMO - GL is still confident that SFB will be up on time (was in the RNS).

Some people have blinkers on and are searching for negatives, struggling to read the full RNS. Now, as I was saying before, the CLN is confirmed as a non-issue.

And just to celebrate, I had £320 spare cash and just put it in … 30,190 shares.

Nom, …. ….. …. …. … this is GOOD NEWS !!!!!

Added another £2k below 3p ! Was not expecting that - a gift

As I was saying …

https://www.lse.co.uk/rns/ANGS/extension-of-convertible-loan-note-maturity-date-7toojm61lh3w1jz.html

Not much appetite to sell below 1p. Next volume surge should see us settling higher, another notch until news.

Last chance to buy below 1p ??

Serif, thanks for the clarification, was a bit worried about that.

BV, I believe that we moved up a notch, I don’t see us being able to buy again below 0.90p.

Today looks like a healthy low volume pullback from yesterday’s action. Volume surge maybe returning sooner than we expect - this week?

Cloves, not really, Is just that generally the Finals are out by now, so they appear to be late - maybe because they are updating the report for Wressle windfall plus North Sea venture? Hopefully anyway.

Mirasol, we’ll soon see, that is my prediction :)

In the last 9 years only once they were issued at the end of October. 8 out of 9 times they were issued before today - by this metric they are late.

Final Result issue dates:

2020 - 13 Oct
2019 - 10 Oct
2018 - 17 Oct
2017 - 30 Oct
2016 - 03 Oct
2015 - 05 Oct
2014 - 06 Oct
2013 - 11 Oct
2012 - 16 Oct

So, is in October, it could be anytime within the next 10 days, but only ones in the last 9 years they were issued at the end of October. Hopefully, this week.

I doubt it very much if anybody is going to be able to buy below 0.90p from here on.

Today, in the absence of any concrete news we are seeing a healthy pullback, but that is it - the Ask is not likely to come below 1p. Interest has arrived.

One more day with volume like yesterday’s and the SP will settle firmly above 1p.

Tovoc, I fully agree - any further dilution would be very damaging to shareholders. In fact the shares from the previous placing appear not to be fully dispersed; BGF still sitting on 11.8% https://www.lse.co.uk/rns/EOG/holdings-in-company-aejk3u4d724efrd.html

With the Wressle windfall there really isn’t any urgent need to dilute further. Let’s hope that this new North Sea venture will not involve a placing. The SP isn’t likely to go anywhere until the funding issue is cleared, hopefully in the pending Final Results report.

Serif, I don’t think he does realise what he has done, in my opinion he has no idea.

As per your analysis below, for (2) and (3) if he announces a placing now to fund this new venture, at what price would the placing be?

Had he not mention the pending new acquisition, or at least clarify the funding issue if no placing is involved, the SP would be much higher now. If a placing is needed it would happen at a higher SP had he kept quiet about it, resulting to less dilution.

The sad point now is, instead of talking about the Wressle windfall and the benefits to the company and shareholders, we are talking about placings!

Serif, that is a good point but I think Simon should be made aware of what he has done by announcing the North Sea acquisition prematurely.

And to make matters worse , these guys don’t even acknowledge shareholder communication.

Eldon up ~12.5% this morning and we are standing still. Trying not to think about it but is getting difficult - the very premature North Sea acquisition announcement was very stupid. Is now very annoying. Even the Final Results appear to be delayed.