Maple Energy Share Discussion Threads

[bad robot] 23/10/2014 09:46

Tip junkie

I enjoyed your dole money on GKP and & Lond.

[vauch] 23/10/2014 09:37

Are they waiting for south American markets to open to do it

[sparty1] 23/10/2014 09:35

anyone contacted the company re this other offer?I presume blackrock will want the best deal ..whether it suits the BOD or not!

[shabi1985] 23/10/2014 09:21

Am onto them they need to rns the 2nd offer

[kennyruss] 23/10/2014 09:14

I would hope the NOMAD is all over this...

[sh0wme] 23/10/2014 09:08

I'm back in too :-)

[partner] 23/10/2014 08:58

so are we saying current bod ,not wanting to let s mug punters become aware of better offer to furnish their own ends ?.
why not simply call meeting ,at which we get to vote on what happens to our shares,simply go hostile !!.
we would welcome the second party offer .

[simon8] 23/10/2014 08:57

BoD have a fidiciary duty to put this counter offer to the shareholders, RNS has to be issued, looks like there was an attempt to screw us with the initial offer which appears to have been railroaded in despite a better offer sat on the table. Onwards and upwards - a binding offer, much more cash, no dilution it's a no brainer...BoD have to recommend it

[bsg] 23/10/2014 08:46

Tarts and knickers.

[shabi1985] 23/10/2014 08:35

Here come bad robot only arrives at the time of crisis. The 1p poster lol

[bad robot] 23/10/2014 08:28

Looks it crashing. ISIS my drone in on you for the KIL

[sparty1] 23/10/2014 08:25

7p/7.50.... much better volume..

[kennyruss] 23/10/2014 08:21

So what it seems..

RNS's offer looked cosy for shareholders, but nicer for existing BOD

However counter offer, looks nicer for shareholder and lukewarm for existing BOD

[sparty1] 23/10/2014 08:17

double figures easily by 10am if they can keep liquidity going...blackrock will want more..

[tez123] 23/10/2014 08:17

Kenny, So we now have a possible counter offer between 40-60pIt will be interesting to see if anyone else comes out of the woodwork.

[shabi1985] 23/10/2014 08:15

Endless buying share price held

[h2owater] 23/10/2014 08:09

Maple Resources Corporation of Dallas, Texas Announces Its Binding Offer to Purchase the Oil & Gas Assets of Maple Energy plc in Peru for US$47.4 Million 100% Cash with No Dilution to Existing Shareholders.hTTp://www.businesswire.com/news/home/20141022006690/en/Maple-Resources-Corporation-Dallas-Texas-Announces-Binding?#.VEgzJfnF82YLet's have the RNS!

[sparty1] 23/10/2014 08:06

That post from lse is correct ..Blackrock buying in confirms my suspicions that there has been an accumulator.There may be more than one.Buying money if the Dallas deal happens ...and why not?

[kennyruss] 23/10/2014 07:26

From LSE

Hi, the way I see it is the founding company from Dallas, Maple Resources Corporation is paying MPLE for the oil & gas fields which is a subsidiary of MPLE..they will pay US$47.4m for the oil & gas & have no interest in the ethanol plant..the proposed transaction means a dilution by increasing the share capital from 164m shares to 700m shares & by enlarging the issued share capital they retain 30.4% and 43.5% whilst MPLE only holds 24.1%.

The deal from the Maple Corp Dallas means we get the cash to move the ethanol business forwards $47.4m plus 2500 extra hectares of land on lease..Maple Resources Corp, get the oil & gas fields plus the refinery.

Another way of looking at it is the Dallas deal is four times better, so when we were all hoping for 12 - 15p a share after the 1st deal, now we can look forwards to potentially 40 - 60p a share as there will still only be 164m shares in issue & we will have $47.4m cash in the bank..potential 6 or 7 bagger from 6p levels of today