Member Info for Yare

Is this allowed without a General Meeting?

The 1000:1 seems extreme, making the post-consolidation share-price about £3.25 and gaining the company on average about £1.60 per shareholder.

Thoughts?

Don't be silly, that is Solo's accumulated sales while the price was higher this afternoon. The MM will have made a small margin.

so bring on production.

https://www.bloomberg.com/news/articles/2018-11-06/oil-could-touch-100-if-supply-crunch-worsens-citi-s-morse-says?utm_source=google&utm_medium=bd&cmpId=google

There was no need to resort to the language that you used in your deleted message.

and the MMs acted swiftly and savagely.

On the face of it not good news, however our Chairman puts it. :-(

The exercise of these warrants shows considerable confidence in the business. IMHO.

"My questions will be focused on how they are going to monetise the 25% of 126 million barrels of oil and when. Partial sale or full production?"

From the rns: "The Directors of Solo Oil (AIM: SOLO), a natural resources investment company focused on acquiring and developing a diverse global non-operated portfolio of strategic oil and gas assets, will host an evening for investors on Thursday 22 November."

They are a prospector, not a producer, so they must sell off any production assets or change their status on AIM. IMHO of course.

When a share is not tradeable on any recognised Exchange it is removed from the ISA within a couple of weeks. I doubt if there is any mechanism for it to be reinstated to the ISA later. That at least is my understanding from the recent past. Greka is my most recent one, but I bailed out of that completely before the delist (at the end of this month) as I could see no future in it.

Others are not so fresh in my memory.

I assume that, on delisting in November, I will no longer be allowed to hold my LIONs in my ISA. So any gain made on re-listing in 2019 will be subject to Capital Gains Tax. And I won't be allowed to transfer all my LIONs back into my ISA if the SP has risen.

I guess I'll cross that bridge when I have to.

Of course he referred to only one trader, otherwise he would have typed where're!

who's the clever dick this time?

Today felt like a good day to average down :-)

Executive Chairman, Patrick DeSouza, commented:

"We continue to deliver our announced strategic plan. We are excited by the Portland Region's opportunities to unlock synergies for our franchisees and corporate operations.

but not on lse.

Imitations of Immorality?

Well bought, Steven, and good luck!

Luxor, Egypt. Poor Internet, but I usually manage to see what is going on.

I'll be off to Africa for the winter next month. No central heating bills for me.

Soap is often a by-product of oil!