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Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
---|---|---|---|---|---|
Salamander | LSE:SMDR | London | Ordinary Share | GB00B1GC5238 | ORD 10P |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 79.50 | - | 0.00 | 01:00:00 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
0 | 0 | N/A | 0 |
Date | Subject | Author | Discuss |
---|---|---|---|
09/9/2017 11:28 | HNR - TWO wells successfully drilled with abundant oil and gas in samples extracted! Fracking and FIRST OIL next month! Don't miss this train! | happyholder123 | |
05/3/2015 13:53 | In agreement with most of you - however it could have turned out a whole lot worse - just check out Afren - when debt is due and cash runs out - curtains! | nigelpm | |
05/3/2015 13:47 | ammons - SMDR listed at 250p at the end of 2006 + the share price peaked just above 350p in Q2 2008. The value destruction has been pretty much relentless ever since (unless you were lucky enough to pick the bottom falling out of the equity markets later in 2008). Apart from the sharp drop/rebound in the oil price in 2008/09, the oil price has been at very attractive levels throughout SMDR's listed history until falling through the $80 level in Nov 2014. So I think it disingenuous to suggest that value destruction was largely as a result of "the oil price falling off a cliff". With the exception of 2008/09 + the recent fall, the oil price has been largely supportive. It would be v interesting to plot the SMDR share price against POO since they listed. Aimho. | speedsgh | |
05/3/2015 07:00 | How much of the value destruction would you put down to events which SMDR's management could not possibly have reasonably foreseen? The oil price falling off a cliff for example? | ammons | |
04/3/2015 13:24 | Value destruction? Yes!!! Salamander's management had long enough (eight and a half years as a listed company) and a couple of raisings, to get some sort of result for shareholders. Outcome? ........ share price fell from 250p at ipo to c.80p (including a small takeover premium). Obviously, a poor investment for anyone who held throughout. To me, the takeover looks good for both sets of shareholders. SE Asia, shallow oil and onshore gas from Salamander balances the Africa, deep offshore gas of Ophir - spreads risk. Will Ophir's management do any better? The cash on Ophir's balance sheet gives it a great chance. FWIW, I would prioritise onshore Kalimantan gas (big licence area) - relatively low cost, low risk, almost unaffected by the oil price and should be fairly readily saleable for local consumption or generation. | ed 123 | |
04/3/2015 12:55 | gulp!!!!!....lol Probably better off in the long run if energy prices remain suppressed. | pineapple1 | |
04/3/2015 12:52 | We are now part of Ophir Energy (OPHR), for better or worse. | puffintickler | |
06/2/2015 16:15 | Yep, great news here really for both sets of shareholders and a very strong business combination awash with cash going forward. | nigelpm | |
06/2/2015 15:13 | Maybe Nigel and so it was daft to hold over the vote. Anyway it passed as expected so I should be happy. Might get a bit of news flow soon from OPHR/SMDR now with a bit of luck. Need a strong LNG market now! | loglorry1 | |
06/2/2015 15:09 | Probably would have fallen to 60p | nigelpm | |
06/2/2015 13:06 | Share price likely sub 50p if deal had not gone through. | loglorry1 | |
06/2/2015 13:00 | loglorry1. Not sure about their being in trouble. They have the cash set aside for the repayment of the maturing $100 million convertible bonds. With their planned cutback in capital spending, and their long term gas sales agreements, my take is that they could continue but it would be existing and not thriving. Anyway, it's likely not to matter. | ed 123 | |
06/2/2015 12:57 | To late for a cash buyer to spoil the party.......lol | pineapple1 | |
06/2/2015 12:44 | SMDR will bite their hands off. Without the deal they are in trouble with such a pile of debt and low oil prices. | loglorry1 | |
06/2/2015 12:41 | Agree, loglorry1, we holders got rode our luck. The next two meetings should go more smoothly for holders. Fwiw, I'd guess Salamander's vote will be around 90% in favour. | ed 123 | |
06/2/2015 12:33 | The right strategy was to sell before the vote. I held and its been ok but SMDR up only 3% and OPHR down a tad. Was more than 3% risk IMHO. So while | loglorry1 | |
06/2/2015 12:28 | 79% for resolution passed | lonrho | |
06/2/2015 12:28 | To approve the Transaction as a class 1 transaction ... FOR 367,769,882 78.92% AGAINST 98,207,570 21.08% 2,825,118 | ed 123 | |
06/2/2015 12:26 | Looks like a "YES!" | ed 123 | |
06/2/2015 12:24 | If board had votes in the bag they wouldn't mess around and just put it those attending but know that they can cast enough by proxy anyway. Ummmm duno - not as rapid as I thought. | loglorry1 | |
06/2/2015 12:24 | Interesting. I wondered what would happen. Reckon there's a chance this is close but more than likely it goes through. 28.3% has already been declared. | nigelpm | |
06/2/2015 12:23 | Oh, it's looking better on L2. :-) | ed 123 | |
06/2/2015 12:20 | No problem. I've been to a takeover meeting in the past where the vote was close. Lots of checking went on. | ed 123 | |
06/2/2015 12:16 | Ah, you're right. | nigelpm |
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