Altona Energy Share Discussion Threads

[tarni] 29/3/2016 07:01

This info is taken from RNS news. I’m not drawing any conclusions from it but it does make you think is there any difference between Wintask and Sino-Aus are they one of the same?

Info from RNS 24/03/2016

Mr Ma is or has been in the last five years a director of the following companies:

Baoji Hailang Boiler Equipment Co Ltd
Shaanxi Hailang Real Estate Development Co Ltd

Weinan Hailang Micro-Discharge Environmental Industry Co Ltd
Shaanxi Fuan Biological Science and Technology Co Ltd.
Baoji Hailang Permanent Magnet Drive Energy-Saving Technology Co Ltd
Xi'an Yishen New Energy Hi-Tech Ltd

Sino-Aus Energy Group Ltd

Previous directorships (within 5 years)

Weinan Hailang Micro-Discharge Environmental Industry Co Ltd
Linyou County Micro-Discharge Heat Engineering Co Ltd

A 10% shareholder of Xi'an Yishen New Energy Hi-Tech Ltd., which has a 60% interest in Sino-Aus.

----------------------------------------------------------------------------------------------------------------------------

Info from RNS 12/02/2014

Mr Qinfu Zhang is or has been in the last five years a director of the following companies:

Baoji Hailang Boiler Equipment Co. Ltd
Shaanxi Hailang Real Estate Development Co. Ltd

Weinan Hailand Micro Emission Environmental Industry Co Ltd
Fu'an Biology Technology Co., Ltd
Xi'an Hailang Chemical Co. Ltd
Hlevel Co., Ltd

Wintask Group Limited

Mr Qinfu Zhang is the nominated board representative of Wintask Group Limited ("Wintask"), the Company's 29.04% cornerstone investor.
Mr Zhang holds the position of chairman at Wintask Group Limited, Shaanxi Hailang Group, Hlevel Co. Ltd, and Fu'an Biology Technology Co., Ltd. The Wintask Group is 100 per cent owned by Mr Qinfu Zhang, and Chairman of the Hailang Group, a private group of manufacturing and high-tech companies. The Group is located in the Baoji Hi-tech industrial zone.

[unionhall] 24/3/2016 13:04

These guys are either " 'avin' a larf " at our expense or there is real action happening in the background.


Hard to imagine all this admin being put in place for no end result....

[pembury] 24/3/2016 11:06

RNS

I guess this means the cash will be coming soon with this appointment

?

[p0pper] 24/3/2016 10:20

Just tried to buy a few from TD won't even give me a quote.

[pembury] 24/3/2016 08:29

can't buy online again

??

[jbennett] 21/3/2016 17:50

I think because of the company's history that people might pile in when the money finally hit the bank account . It also has to be the full amount and if that happens we should see 2p sharpish, possibly higher with a decent schedule update.

[pembury] 21/3/2016 17:16

If they get it it will be in their bank account and they can start developing the asset that is the important part! Instead of it standing still doing nothing as it has for years.

[newkid] 21/3/2016 16:58

So. Is the $5.4 mill aud's in the share price or not? Views anyone.

[pembury] 21/3/2016 15:51

1p paid

and you can't buy online again

[pembury] 21/3/2016 15:18

hopefully that $5.4m is on its way! they can get the asset moving then

[jbennett] 21/3/2016 08:44

Breakout - at last...

[pembury] 18/3/2016 16:55

max was 50k at the end so could buy v small

[jbennett] 18/3/2016 16:54

I did earlier, but just a tiny top up with some divi cash. Had to pay 0.90

[pembury] 18/3/2016 15:49

can't buy any online?

[newkid] 17/3/2016 08:24

I would have liked to have seen an option price @ 5p. Would have given them a target. Still they have not been to greedy.

[pembury] 17/3/2016 07:43

time to add somevalue here with those 1.5p options
big cash payment due

[liquid millionaire] 17/3/2016 07:43

Altona Energy plc

("Altona" or the "Company")





Proposal for a Share Option Scheme



Altona (AIM:ANR) announces that a circular (the "Circular"), containing details of a proposed new share option scheme to be introduced by the Company (the "Scheme"), will be posted to Altona shareholders today.



Under the proposed Scheme, options to subscribe for ordinary shares in the Company will be granted to directors as follows:





Director

Number of options





Qinfu Zhang

5 million





Phillip Sutherland

2 million





Nicholas Lyth

5 million





Under the proposed Scheme, the options vest in two equal tranches with the first tranche vesting on the first anniversary after the date of grant and the balance vesting on the second anniversary of the date of grant. The exercise price is 1.5p per share and the exercise period is five years from the date of grant. If shareholders approve the Scheme, all existing share options granted to directors or employees of the Company will be cancelled or will have lapsed unexercised.



The Circular contains the notice of general meeting to be held at 12.00 p.m. on 1 April 2016 at the offices of Leander PR, Adam House, 7-10 Adam Street, London, WC2N 6AA, at which shareholder approval for the proposed Scheme, and an amendment to the Company's articles of association to allow any director to participate in this, or other share option schemes in the future, will be sought.



A copy of the Circular will be made available on the Company's website www.altonaenergy.com

[pembury] 10/3/2016 13:36

can't be far off given last RNS

[jbennett] 10/3/2016 13:33

I know where you're coming from Newkid although I too would welcome 10p. Realistically speaking I think 2p could be reached rather sharpish when the first tranche arrives.GLA

[newkid] 09/3/2016 16:10

So would I. Having seen this all the way up to it's highest share price and then all the way back down to it's lowest I have more right then most here to start feeling positive. From a millionaire to a pauper in 6 years. Let's hope I can now go from pauper to millionaire in half the time.

[mc7y] 09/3/2016 13:50

I agree with NewKid but I'd bite your hand off for 10p now

[newkid] 09/3/2016 13:37

jbennett. Had it had gone the way it should have when I first invested here then we could have been looking at £10 by now. So £1 seems fair to me.

[jbennett] 09/3/2016 12:44

A pound?!!!..

[newkid] 09/3/2016 12:06

£1 soon.

[p0pper] 09/3/2016 10:12

Bit of a muted reaction to good news especially as everyone was waiting on it, not quite done but obviously going to be done asap