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AOI Aoi (Regs)

77.50
0.00 (0.00%)
Last Updated: 00:00:00
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Aoi (Regs) LSE:AOI London Ordinary Share COM SHS USD0.0001 (REGS)
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 77.50 - 0.00 00:00:00
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
0 0 N/A 0

Aoi (Regs) Share Discussion Threads

Showing 2376 to 2399 of 4325 messages
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DateSubjectAuthorDiscuss
18/10/2013
06:01
Imagine the size of the deal was dictated by the demand from the institutions. Judging by the post news move one would assume that the demand was somewhat higher than 450mill.

IMHO

verymaryhinge
17/10/2013
16:17
might be a private place but they still have to all be taken up
juju44
17/10/2013
16:12
Well that's nice
fraserdean
17/10/2013
15:39
Take up? - it's a private placement.
exmooroil
17/10/2013
13:58
NICE - got my answer about direction - take up must be good
juju44
17/10/2013
13:47
that's a sweet open... nearly 9.40
eipgam
17/10/2013
10:13
according to the exchange rates given in the announcement, AOI is currently trading at CAD9.09 (57SEK) and is a very decent premium to the PP price of CAD$8.25
eipgam
17/10/2013
08:12
shows you what I know.... and it's not much! Up >6% in Sweden
eipgam
16/10/2013
20:31
judging by the price and size I'd suggest there's strong support for the strategy.. so should be good - even if it does take some time to place / chew through.
verymaryhinge
16/10/2013
20:30
Good news long term, bad news short term? The buyers must have an optimistic outlook, fostered by the company and the brokers.

The last PP was signalled in advance and in that case, it was reported that it was a result of an unsolicited approach to the company by outside investors. This one is different, I think, not least that it is for twice as much money and at a higher shareprice.

eipgam
16/10/2013
20:21
not sure if this is good news or bad news
juju44
16/10/2013
18:47
or 6.45% higher in less than a year... which is a more balanced way of looking at it.
eipgam
16/10/2013
18:21
A whole 50 cents lower!

Bravo Mr Hill, bravo.

blindtiger
16/10/2013
18:10
Found it... via the search facility.

$232.5 miilion for $.7.75 a share in Nov 2012

eipgam
16/10/2013
18:06
what price was the last PP done at... I seem to recall $200 million in Sweden... that was Pareto as well, I think.
eipgam
16/10/2013
17:02
US$450mio private placement at 8.25 Cad
verymaryhinge
16/10/2013
17:01
no... but i wonder what this will do for the sp

Africa Oil Announces US$450 Million Brokered Private Placement
VANCOUVER, BRITISH COLUMBIA--(Marketwired - Oct. 16, 2013) -

THIS RELEASE IS NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES

Africa Oil Corp. ("Africa Oil" or the "Company") (TSX VENTURE:AOI)(OMX:AOI) reports that it has agreed to sell, on a brokered, private placement basis, an aggregate of up to 56,505,217 common shares at a price of SEK 51.75 (Cdn $8.25(1) equivalent), per share for gross proceeds of up to SEK 2,924,144,980, or US $450,000,000 equivalent (the "Offering").

The common shares will be placed on a best efforts basis by a syndicate comprising of Citigroup Global Markets Limited, Dundee Securities Europe LLP and Pareto Securities AS, who together will act as joint bookrunners (the "Joint Bookrunners").

Net proceeds of the private placement will be used to fund the Company's future exploration, appraisal and development program in East Africa, as well as for corporate development and general working capital purposes.

The Company has received substantial support for the Offering from both existing shareholders and new institutional investors.

An application will be made to the TSX Venture Exchange (the "TSXV") for approval of the Offering and the new shares will be listed on NASDAQ OMX First North Stockholm. Closing of the Offering is subject to regulatory approval and certain other customary conditions including, but not limited to, the execution of a definitive agency agreement between the Company and the Joint Bookrunners. Closing of the Offering is expected to occur on or about October 28, 2013, or such other dates as the Company and the Joint Bookrunners may agree.

Common shares issued to Canadian residents will be subject to resale restrictions under Canadian securities laws for a period of four months plus one day from the date of the closing of the Offering. Subject to applicable securities laws, common shares issued to residents outside of Canada pursuant to the Offering may not be sold, transferred or otherwise disposed of on the TSXV or, except pursuant to an exemption from prospectus requirements under Canadian securities laws, to any person in Canada or otherwise into Canada for a period of four months plus one day from the date of the closing of the Offering.

The securities offered have not been and will not be registered under the U.S. Securities Act of 1933, as amended, or applicable state securities laws, and may not be offered or sold in the United States absent registration or an exemption from such registration requirements. This press release shall not constitute an offer to sell or the solicitation of an offer to buy nor shall there be any sale of the securities in any jurisdiction in which such offer, solicitation or sale would be unlawful.
(1) Based on Bloomberg time stamp exchange rates as at 4pm BST October 15, 2013 as follows:
USD SEK 6.4981
CAD SEK 6.2682

Read more at hxxp://www.stockhouse.com/companies/bullboard/v.aoi/africa-oil-corp?postid=21820375#q6aSJrqfWlh7rwKR.99

eipgam
16/10/2013
16:43
Trading Suspended. Farm in ?
arthurly
16/10/2013
14:07
Repost on the SMB bb

Sorry for OT

thelung
16/10/2013
10:37
The Lung

I have not been bitten at all. Posting a few facts which you need to come to terms with. Still moaning and upset?

gimmetheloot
15/10/2013
19:30
Calm down dear, it was a wind up post in the interest of fairness with a smiley face - and you have well and truly bitten! Repost on the SMB bb if you want to discuss your 'track record' or any ideas that posters trade on anonymous bb comments.

Sorry for OT

thelung
15/10/2013
16:15
Tell them what you told everyone on the SMB board as well (purely in the interests of fairness :-))
thelung
15/10/2013
14:31
Nfk 23 cents to buy, told you guys at 17 it's time to get in :-))
gimmetheloot
11/10/2013
22:11
It did not move on the day of news but 2 days later. Took a while before the news digested.
gimmetheloot
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