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| Share Name | Share Symbol | Market | Stock Type |
|---|---|---|---|
| Medoil | MDL | London | Ordinary Share |
| Price Change | Price Change % | Share Price | Last Trade
|
|
|---|---|---|---|---|
| 0.00 | 0.00% | 22.50 | 01:00:00 |
| Open Price | Low Price | High Price | Close Price | Previous Close |
|---|---|---|---|---|
| 22.50 |
| Top Posts |
|---|
Posted at 27/9/2007 18:18 by mbugger Got info today about 23p. for every share[Plectrum Pet.],options,accept or take no action,what happens if you take no action,any views,[i have 7 k mdl shares]. |
Posted at 07/9/2007 13:13 by oilforex Sorry to see what has happened today as I do not see this in the best interests for shareholders.Plenty of good opportunities elsewhere at the moment (EME) which will soon deliver the results that MDL can no longer deliver. So my small MDL holding will be used to top up over there. Every cloud... Best Regards, V |
Posted at 07/9/2007 12:41 by duplicate book All....for what it is worth, I have made a number of phone calls this morning and have managed to get one or two bits of info. It would appear that we have been undone by a combination of things. Firstly it would appear that one or two of the major shareholders in MDL wanted out. Also, although progress was being made in the right direction regarding the farm in, it appears that funds were required to secure this process and 'in view of the market conditions at the time', it was felt that it would be difficult to raise the required capital to take that forward. Think by the sounds of it, management were stuck between a rock and a hard place. Don't know how Cairn got involved but it looks like the Institutions and major shareholders involved were/are happy to take the 23p. |
Posted at 07/9/2007 08:50 by cat100 You can be sure mdl have shown the seismic details to many companies looking for a farm in. If any of these companies say what cairn saw there should be a counter bid. |
Posted at 06/9/2007 12:29 by rebelsrus I don't think we should read anything into 1775's post unless they are willing to be more specific on what they mean. On a side note, I'd be very disappointed if MDL ever got taken over at this stage. Anyway, DB, thanks for info in post 2613. |
Posted at 06/9/2007 10:09 by labatie Since we were holding firm in the first place, what is the point of these comments, particularly when the last two seem diametrically opposed to the first one? The only interpretation of the initial comment which wd not make the other two contradictory is that 'days being numbered' means that MDL is being taken over, which wd be a shame. |
Posted at 06/9/2007 08:52 by duplicate book Where have you sprung up from 1775? Care to expand on that sweeping statement, or are MDL about to release some news and you are one of them paid de ramper type people that try to scare people into giving the MM's their shares cheaply that everybody keeps going on about on other threads? :o)) |
Posted at 06/9/2007 08:02 by 1775 Start looking for another share guys - time is up for MDL! |
Posted at 05/9/2007 15:09 by duplicate book Reb.........have spoken with my colleague who is a holder of MDL and a little more knowledgeable than I!! The licence was granted in two parts. The first, a two year contract in which time MDL was obliged to carry out the 3D seismic, and the second part is a seven year exploration contract which we have entered into with TGS-Nopec. MDL are in the process of sorting out a partner to begin this exploration, and it is this that they are concentrating their efforts on at the moment. He has spoken with the Company on a number of occasions in the last few months and is happy to hold at these levels and reckons that everything is on track. Thats my understanding of the situation anyway and don't think that we are needing to re apply for any licences re Tunisia. |
Posted at 16/8/2007 13:19 by duplicate book Shows you what state the market is in when MDL are 25th on the percentage gainers board with a whopping 1.4% jump!! Sells seem to be getting mopped up, and paying full ask for 10k shares. |
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