Cadogan Energy Solutions Share Discussion Threads

[webshares] 16/1/2014 11:43

Up again, but weird trades. Whatever is bought sold is then matched by another trade. Been like it for the last few days

[edubs] 15/1/2014 16:04

Yes, looking a bit better today. Let's hope for a good 2014.

[webshares] 15/1/2014 15:35

Bit of volume, very unusual.

[nick rubens] 15/1/2014 12:57

Added a few more. Tide could be turning up here. Cash alone is worth £35m against Mkt Cap of £23.7m.

[diesel] 15/1/2014 11:20

That buy was a bit of a surprise, does someone know something?

[kalt12340] 10/1/2014 12:37

possible deal between Russia and Ukraine is driving share price down(at least one of the reason) me think... can kill the future of this company there, unless we have a gas which doesn't need fracking.

[targatarga] 10/1/2014 11:19

beb - probably both.... imho

[bebopdl] 10/1/2014 11:17

Is the company delisting or is it BS and being used to drive the share price down ?

[targatarga] 10/1/2014 10:30

extremely painful...

[paulmurphy777] 06/1/2014 19:11

Nothing happened.Status quo in check.

[waveneygnome] 06/1/2014 18:37

Opps....spoke too soon.

[waveneygnome] 02/1/2014 09:06

#8 checking in.

No delisting, no news, just drifting.

Could be worse.

[paulmurphy777] 24/12/2013 00:39

Anyone with the broker report?

[targatarga] 23/12/2013 11:19

tomorrow at midday?

[diesel] 23/12/2013 11:13

.....But if they are going to do anything underhand it will be at this time of the year!

[targatarga] 23/12/2013 11:09

tommygriff - perhaps this is the gem for 2014! did someone mention 53p?

[tommygriff] 18/12/2013 16:14

Where can I get hold of the broker report?

[911man] 18/12/2013 15:52

Seymour Pierce are Canton Fitzgerald who took them over. Sooo , it's only one article. Still, it makes good reading for a 21 page document!

[boobly] 18/12/2013 14:27

No. 6 Checking in !

Curious to see what happens next , why coverage from two Brokers IF they are going to delist ?
The usual Cadogen conundrum .
Perhaps someone could persuade GKP to reverse in here , which would provide a very profitable solution to holders of stock in both Companies !

Good luck to all you guys still holding .

[euclid5] 18/12/2013 14:02

yes I agree, seems another oil & gas share trashed down in this market

[edubs] 18/12/2013 14:02

Euclid5, no that's just article from a news site (WKRB), I don't know what is in the note or how they justify 51p.

In terms of cash position, this is mentioned in a recent management statement, available on their website.

I wouldn't say it's been easy holding onto CAD recently though.

[euclid5] 18/12/2013 14:00

Thank you for that post Stonefold

[stonefold] 18/12/2013 13:56

Cash is healthy, no debt.

From the 19-11-2013 Interim Management Statement
Cash as at 18-11-2013 =$56.7m
Which is approx 14.9p per share

Although some of that will be spent on the work program which includes:

Currently working over 3 wells with the aim to start production via local facilities.
Zag 2
Zag 11
Pirk 1

Summer 2014 work over one well with acid frac and open up deeper intervals.
Bit- Borynya 3

Summer 2014 planning to start drilling one new exploration well.
Pok ?


They might need to raise funds to pay their 15% of the shale project. But that would only be if/when the project has been evaluated to be commercially viable, which won't be known until then end of 2014. At which point investors/finance would not be difficult to find.

[euclid5] 18/12/2013 12:37

Hello Edubs, is that the full note from the broker today?

Thanks for posting

Anyone know if their cash position is healthy or do they need to raise funding at all?