We could not find any results for:
Make sure your spelling is correct or try broadening your search.
Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
---|---|---|---|---|---|
Madagascar Oil | LSE:MOIL | London | Ordinary Share | BMG5738R1016 | COMM SHS USD0.001 (DI) |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 0.45 | - | 0.00 | 01:00:00 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
0 | 0 | N/A | 0 |
Date | Subject | Author | Discuss |
---|---|---|---|
18/2/2016 12:37 | You wouldnt have thought so cyan as 50% of trading actually goes through ISDX. AIM listing costs are around 300K a year | john henry | |
18/2/2016 12:35 | You are absolutely right; everyone still has their 'share' in the de-listed company. The problem is trading them. ISDX listing is absolutely a last resort, imo. Have a look at how terrible its been for LGC; Trading on ISDX is very difficult . | cyan | |
18/2/2016 12:29 | cyan you can still hold value in a public company even if its shares are not listed. They will probably list on the ISDX at sometime. while short term money is tight im guessing that maintaining a listing is not prudent, | john henry | |
18/2/2016 12:18 | Through special arrangement cyan, i would imagine they would realist in 6-12 months at a far higher price. Major shareholders make a killing. | john henry | |
18/2/2016 12:14 | So, how do you trade shares if de-listed? | cyan | |
18/2/2016 12:07 | gunslinger there not going to be significant dilution for peeps buying at 1p | john henry | |
18/2/2016 11:54 | Soggy remainder of RNS above | john henry | |
18/2/2016 11:54 | That's why they want to delist it. forcing the 10% to sell at -99% loss. john henry 18 Feb'16 - 11:48 - 2241 of 2242 0 0 Comedy major shareholders control over 90% of the company. | guns1inger | |
18/2/2016 11:53 | The terms of any further financing, which may be in the form of equity or further debt, are still being discussed with the Relevant Lenders, but one major condition being imposed by them in the discussions is that the Company agrees to call a Special General Meeting to propose the delisting of the Company from AIM, which is discussed further below. An update with regard to these negotiations and any further funding will be provided in due course. Shareholders should note that, should agreement not be reached with the Relevant Lenders and Relevant Lenders do not agree to provide further funding to the Company, or they call an event of default pursuant to the terms of the Bridge Facility, the Company would urgently need to secure additional financing. In the absence of alternative funding being made available, the Board believes that it is probable that the Company would become insolvent and would need to seek a winding-up order in the Bermudan Courts in the very near term. As set out above, one of the major conditions the Relevant Lenders are seeking to impose on the Company in return for them providing any further financing, is that the Company agrees to call a special general meeting of the Company (the "Special General Meeting") to propose a special resolution to approve the cancellation of admission of the common shares to trading on AIM becoming effective in accordance with the AIM Rules ("Delisting"). Therefore, should financing be secured from the Relevant Lenders, shareholders in the Company should expect that the Company would call such a Special General Meeting to approve the Delisting. The Delisting would require the approval of at least 75% of the votes cast in the Special General Meeting. Relevant Lenders who have insisted on the calling of this Special General Meeting, as a condition to any financing, currently represent approximately 60.5% of the existing common shares in the Company. Further announcements on all matters set out in this announcement will be made as and when appropriate. | john henry | |
18/2/2016 11:49 | Can not see any advantage in de-listing except saving a small amount of cash. Suggests a dire situation. Company survival at risk imo. | cyan | |
18/2/2016 11:48 | Comedy major shareholders control over 90% of the company. | john henry | |
18/2/2016 11:47 | Can anyone tell me what the advantage to a funder would be in de-listing? It doesn't cost that much to maintain the listing and it's the way a company raises capital. So why would a funder want it? And why does the RNS end with saying there's more to follow? Does that mean another RNS or is it just ADVFN cutting a page short or wot? | soggy | |
18/2/2016 11:41 | ps cant buy!!! | comedy | |
18/2/2016 11:39 | Can you believe Chrisoil? Chris Oil @chrisoil · 16 mins16 minutes ago #MOIL RNS delisting remember i dumped this at a profit around 20p which caused collapse & VSA asked me for money get lost loonies. ++++++++++++++++++++ Total fantasist. Once off aim it will be much harder to regain a listing imo. Whoever was dumping in the lead up to the rns ,chose their timing perfectly. | cyan | |
18/2/2016 11:37 | Squire squire whats your personnal take on why certain lenders are proposing a delisting | john henry | |
18/2/2016 11:32 | Personally I think it will close -90%+ today and tomorrow morning about -80% or so | bullet ant | |
18/2/2016 11:29 | I see this tomorrow at 0.1-0.2. I would say MCAP of around 1m | bullet ant | |
18/2/2016 11:27 | 100m? Valuation. So why punters do not block the delisting buy the company now for £20m. If you think one can make money here, will you buy loads the day before delisting right? | bullet ant | |
18/2/2016 11:26 | John Henry, were you not talking twaddle on GRPH a while back at 60p, now 9p. | bullet ant | |
18/2/2016 11:25 | Yes dear That's why the delisting, you are obviously stating the obvious. DOH That's why mcap will be dragged down forcing punters out of the company. Please do not speak of the obvious again, considering the price is tanking now 57% earlier 67%. People like you do not understand Insight | bullet ant | |
18/2/2016 11:20 | Bullet ant you are talking twaddle, The main shareholders obviously want to delist until the funding farmout etc are concluded. They could probably sell the asset for 100M minimum | john henry | |
18/2/2016 11:17 | Mcap still 11.3m by the time they delist MCAP will closer to 1m. I am saying closer 0.1p | bullet ant | |
18/2/2016 11:16 | They will take MOIL private and all PIs get sweet F/A. AIM for you !!! You got to be a brave man to hold on to these. Some one is buying !! WTFDIK. | matrix25 |
Support: +44 (0) 203 8794 460 | support@advfn.com
By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions