Petroceltic Share Discussion Threads

[imperial3] 05/6/2016 17:03

friars3 Looks like nowt for PIs.Why ,were you expecting anything?

[seangwhite] 05/6/2016 14:41

Big Brain never ceases to amaze everyone with his one steady characteristic - personal greed!!VGLTA

[friars3] 05/6/2016 08:58

where do we go from here

[resourceful] 31/5/2016 09:08

brian is determined to wreck everything
trying to force a liquidation which will see him paid off
we wont even get the 31c

[nextull2] 29/5/2016 16:47

hxxp://www.independent.ie/business/irish/petroceltic-fights-back-in-fresh-row-over-executive-pay-34754357.html

[rogerrabbit1] 29/5/2016 10:51

Does anyone know what Adairs net worth is now at following this debacle?!?

[hermana3] 27/5/2016 13:55

adair and fatman were well matched!

[seangwhite] 27/5/2016 13:52

Big Brain is looking forward to emerging from this mess with his honour and waistline intact. All those who listened to the Big an have paid a heavy price.Adair must run the day he sat down to a meal with our man.Wee Tom has also suffered damage by standing in BBs shadow.VGLTA

[freddyfrog] 27/5/2016 13:10

What jury would convict us?!

[hermana3] 27/5/2016 10:54

Wouldn't be worth doing time for!

[freddyfrog] 27/5/2016 09:38

A while back Worldview offered an amount (25p?) to shareholders. O'Cathain, Hickey etc recommended we ignore it and a majority did. A few weeks ago they offered 3p. The management recommended we ignore it. Now the examiner appears to be offering 31.25c for each shareholder's entire holding.

As O'Cathain, Hickey etc have consistently recommended shareholders do exactly the opposite of that which would have reduced our losses, and as directors they have a duty of care towards the interests of shareholders, surely they have been in breach of those responsibilities and are liable somehow? Either that or ordinary shareholders need to break out the pitchforks and flaming torches to storm their castle and lynch them :)

[resourceful] 26/5/2016 09:47

must be a legal reason for making that offer

[acliff] 26/5/2016 07:54

ok i understand
thankyou

[pyemckay] 26/5/2016 07:41

look at the document . It is a one off payment of 0.31€ to every shareholder whether you have 1 share or 100,000,000 shares.

[acliff] 26/5/2016 07:35

i think shareholders are getting zero?

[acliff] 26/5/2016 07:35

are you sure you dont mean 0.31p?

[pyemckay] 26/5/2016 06:49

acliff- no matter what your shareholding, you will get 0.31€ in total. I need to buy a shareholding to cover my short so a decent trade.

[seangwhite] 25/5/2016 21:10

Big Brain is sticking out for the maximum compensation and will not rest except for meals until he secures it. Unfortunately for shareholders it is only his loss he is really dealing with.Wee Tom is taking a fair hit on this for hanging on the Big Man's coat tails.GLTA

[hermana3] 25/5/2016 21:04

Jeez de Examiner shouldn't have bothered. Would cost more to post a letter to him than what he is coughing up!

[acliff] 25/5/2016 21:01

pyemckay
could you elaborate a bit please

"A payment of 0.31€ in total".

I have not seen that anywhere? that is circa 20p which you may mean for the whole lot but surely not per share?

[nextull2] 25/5/2016 20:36

"PETROCELTIC SHAREHOLDERS ARE THEREFORE RECOMMENDED TO TAKE NO ACTION"

[pyemckay] 25/5/2016 18:00

A boot in the balls for shareholders.

[pyemckay] 25/5/2016 17:31

and there it is. A payment of 0.31€ in total.

[pyemckay] 23/5/2016 14:22

The unfortunate thing for shareholders was that it was entirely preventable with a fundraising of some sort months ago. The board acted like a rabbit in the headlights. Very unfortunate lesson for shareholders .

[freddyfrog] 23/5/2016 14:00

"it reached a total depth of 2020m MD, having penetrated 73m of fully gas and condensate bearing Ordovician formation. Wireline logging results from the well indicate excellent reservoir quality, in line with the pre-drill prognosis, and similar to that encountered at AT-8"

I see those brilliant Celtic Tiger managers that discovered a huge world class reserve are still with us and now they're developing it and it is still a world class reserve and yet the company, which should be worth billions, is worth sweet F.A. That sure was some trick, you arrogant useless clowns...