Share Name Share Symbol Market Type Share ISIN Share Description
Gulfsands Petroleum LSE:GPX London Ordinary Share GB00B06VGC01 ORD 1P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  +0.00p +0.00% 3.00p 2.75p 3.25p 3.00p 3.00p 3.00p 0 08:00:00
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Oil & Gas Producers 0.0 -47.0 -39.8 - 15.60

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DateSubject
27/9/2016
09:20
Gulfsands Petroleum Daily Update: Gulfsands Petroleum is listed in the Oil & Gas Producers sector of the London Stock Exchange with ticker GPX. The last closing price for Gulfsands Petroleum was 3p.
Gulfsands Petroleum has a 4 week average price of 3.09p and a 12 week average price of 3.11p.
The 1 year high share price is 13.13p while the 1 year low share price is currently 2.63p.
There are currently 519,995,785 shares in issue and the average daily traded volume is 47,234 shares. The market capitalisation of Gulfsands Petroleum is £15,599,873.55.
06/4/2016
22:56
shujja1: The stock of Gulfsands Petroleum plc (LON:GPX) gapped up by GBX 0.06 today and has GBX 22.46 target or 185.00% above today’s GBX 7.88 share price. The 7 months technical chart setup indicates low risk for the GBX 38.88 million company. The gap was reported on Apr, 5 by Barchart.com. If the GBX 22.46 price target is reached, the company will be worth GBX 71.93 million more. Gaps up are useful for using as a support level and to some extent as a tradeable event. If investors already hold the stock and experience a price gap up, then its usually a good idea to hold the stock for a stronger up move. Back-tests of these patterns indicate that two-thirds of the times the stock performance improves after the gap. The area gaps close 89% of the time, the breakaway gaps, 2%, the continuation gaps 4% and the exhaustion gaps 61%. The stock increased 31.25% or GBX 1.88 on April 4, hitting GBX 7.88. About 1.65 million shares traded hands or 85.84% up from the average. Gulfsands Petroleum plc (LON:GPX) has risen 65.79% since September 1, 2015 and is uptrending. It has outperformed by 58.97% the S&P500. Gulfsands Petroleum Plc is a United Kingdom independent gas and oil exploration and production company. The company has a market cap of 38.88 million GBP. The Company’s focus is on the gas and oil exploration projects in Morocco and Tunisia. It currently has negative earnings. The principal activity of the Company is that of provision of services to its subsidiaries which are engaged in gas and oil production, exploration and development activities. Gulfsands Petroleum plc - Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts’ ratings with MarketBeat.com’;s FREE daily email newsletter.
22/3/2016
10:39
bad robot: They already done it. LOL 22/03/2016 10:35am UK Regulatory (RNS & others) Gulfsands Petroleum (LSE:GPX) Intraday Stock Chart Today : Tuesday 22 March 2016 Click Here for more Gulfsands Petroleum Charts. TIDMGPX RNS Number : 8935S Gulfsands Petroleum PLC 22 March 2016 Gulfsands Petroleum Plc Statement re: Share Price Movement 22 March 2016 Gulfsands Petroleum Plc (the "Company") notes the recent increase in the Company's share price and confirms that it is not aware of any reason for this movement.
15/3/2016
12:53
bad robot: They can't try this stunt again now regarding share price movement Illiquid stock, this can go 15p every quickly Gulfsands Petroleum PLC Statement re: Share Price Movement 11/03/2016 8:39am
15/3/2016
11:56
debbie_does_dallas_twice: unbelievably naive stupid and lacking any knoladge on the situation at Afren. Afren new thread. - AFR bones698 - 16 Jan 2015 - 18:27:36 - 138907 of 166105 The thing is the longer they leave it and if the do continues to recover the less impressive the offer will look , ie 50% premium or 100% depending what the share price is . My money is on an approach being made in the next week then it will force out other interested parties and the fun begins . Too many vultures sniffing at a great asset going cheap . If seplat want an extension it shows they are getting serious and will more than likely bid. The share price is obviously being controlled to stop it gaining too much too fast probably while the decision is made and offer price worked out . Just sit tight and wait it will come sooner or later . Seplat suddenly getting a new finance line says it all tbh . My personal guess is for 70-80p will get it done after a month or so of bids and counters probably starting at 50-60p . More than happy whichever way things go even if no bid comes as Afr will recover from here . Press will be interesting this weekend that's for sure , let's see what figures get mentioned.
11/3/2016
08:53
whoppy: So there you go, there is nothing behind the rise. Just mad people buying a stock because everyone else is. Gulfsands Petroleum PLC 11 March 2016 Gulfsands Petroleum Plc Statement re: Share Price Movement 11 March 2016 Gulfsands Petroleum Plc (the "Company") notes the recent increase in the Company's share price and confirms that it is not aware of any reason for this movement.
11/3/2016
08:44
bad robot: TIDMGPX RNS Number : 8150R Gulfsands Petroleum PLC 11 March 2016 Gulfsands Petroleum Plc Statement re: Share Price Movement 11 March 2016 Gulfsands Petroleum Plc (the "Company") notes the recent increase in the Company's share price and confirms that it is not aware of any reason for this movement. Bad Robot 10 Mar'16 - 17:09 - 4829 of 4852 0 0 edit This dog will continue to bite tomorrow morning, I suspect they will ask for RNS mid morning.
28/8/2015
18:14
shaws67: Here you go whoppy..... Last night, Gulfsands Petroleum (GPX) announced details of its long awaited $22million open offer. For long-term shareholders there wasn’t much to cheer about. At 4p, the best they can now hope for is to average down by taking up their 3.01 open offer shares and pray for a turnaround. But what chance is there of this? With its history of failure and little sign of the Syrian conflict abating, I imagine Gulfsands features pretty highly on many bargepole lists. Factor in oil price weakness and the controlling presence of Waterford and Richard Griffiths and, at face value, there isn’t much that is attractive about this stock. However, in last night’s announcement there was an interesting aspect, which might indicate all is not yet lost. The Takeover Panel has granted a conditional Rule 9 waiver, subject to shareholder approval. This waiver concerns Waterford’s and Griffiths’ agreement to underwrite the open offer and acquire all shares not taken up by eligible shareholders. The crucial term of the waiver says: “In the event that either Waterford or Mr. Griffiths each holds more than 30 per cent. but not more than 50 per cent. of the Company's Enlarged Share Capital, any further increase in such shareholding would be subject to the provisions of Rule 9 of the Takeover Code.” The significance of this waiver becomes clear, with a little understanding about Waterford and Griffiths’ pursuit of Gulfsands over the last couple of years. Currently Waterford is Gulfsands largest shareholder, with 28.08% of the issued share capital, while companies associated with Griffiths own a collective 9.69%. At the turn of the year Waterford and Griffiths began successful (but drawn out) shareholder rebellion. This led to the removal of Ken Judge as a director, but also set in train a series of events that culminated in CEO Mahdi Sajjad being forced from the board, with Alastair Beardsall joining the company as Executive Chairman. Beardsall has previously been an officer or director of several other Waterford related companies. In this context, the Takeover Panel’s conditional waiver suggests that it has been satisfied that Waterford and Griffith’s intentions are to preserve Gulfsands as a listed vehicle and not to take it private. With Gulfsands’ share price currently at 4.8p (last seen) and without a Rule 9 waiver, assuming that Waterford and/or Griffiths end up owning more than 30% of the company they would be required to make a takeover bid at the highest price they paid for stock over the last twelve months. This would be a ruinous decision, in the current climate, and is no doubt why Gulfsands’ board put this warning in bold in the RNS: “Should the Open Offer not proceed, the Company will not have sufficient working capital to continue its operations as a going concern and there is a possibility that the Directors may be required to consider placing the Company into an insolvency process. Furthermore the holders of the Convertible Loan Facility may issue a demand for repayment, and if the outstanding balance is not repaid the holders of the Convertible Loan Facility may exercise their security over some of the assets of the Group, namely the interests in Block 26, Syria, and the various interests in Morocco.” Like it or not, shareholders have no choice but to accept the terms of the open offer (which include a capital reorganisation) or face losing everything. The potential of Block 26 in Syria is unmistakable; the serious problem is whether or not the company will ever regain access to it. As for its Moroccan interests, the jury is still out, but whatever the case Waterford and Griffiths are prepared to put millions of dollars into the company. This in itself could be a positive indicator. As unpalatable as the proposed open offer might be to ordinary shareholders, with the letters of support (representing 19.5% of the company) the board has apparently received in favour of the resolutions, it looks like it is a done deal. This isn’t likely to appease shareholders and it remains to be seen whether Gulfsands can recover from the disastrous reputational damage the last few years have inflicted upon the company. It is also unclear the extent to which the Waterford/Griffiths axis will align with the interests of ordinary shareholders. Much could depend on who ends up owning what, once the fundraising has been completed. It is possible that the controlling interests of Gulfsands could push the company’s share price higher, with a small outstanding float. If this happens the share price might end up at a multiple of today’s price, but gambling on this would require a leap of faith.
23/2/2015
11:34
ubiquitoust: Better being in gpx than gkp. One day investors will catch on.Gpx share price above keystone now, again.
12/2/2015
13:57
ubiquitoust: Gpx share price now higher than gkp
26/1/2015
19:26
shaws67: RG was the reason GPX share price fell below 28p in Feb 2014.
Gulfsands Petroleum share price data is direct from the London Stock Exchange
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