Regal Petroleum Share Discussion Threads

[kingyon1] 28/12/2011 18:36

The chart would suggest that the share price is loaded in someones favour, the price keeps getting pushed down so they can fill their boots. It could shoot back over 40p or worst case scenario is it hovers here and we're all doomed! As far as i know Pope are still waiting like the rest of us for a strategic plan and well appraisal update.

[buy and hold] 28/12/2011 13:00

Must be another one seller ,because Atdale had only 15.011.182 shares and Investo bought 24.385.489.
So it remains A TOTAL of 9.374.307shares (unindentified) from other source (we are awaiting an RNS).
IMO if am I not wrong Platforma is the other player who sold a % of his shares and the situation is as follows:

Shareholder's name Nr. Of Shares %

Energees Management Ltd 173.128.587 54,00
Curzon Alternative Investments 51.939.083 16,20
Investohills 24.385.489 7,61
Pope Asset Management 24.204.574 7,55
Renaissance Securities 19.254.083 6,00
Platforma Capital Ltd 4.155.996 1,30
297.067.812 92,66

total 320.599.840 100,00

[j drama] 28/12/2011 07:54

So it was Atdale who sold to Investohills (+ Platforma?) that's better news than Pope. One Ukrainian swapped for another.

Gives us a much stronger buffer for delistment & hand to push up any offer.

[beeks of arabia] 24/12/2011 10:02

Could you two get a room please!

[j drama] 24/12/2011 07:21

Spec
You have another mail!

[j drama] 23/12/2011 09:49

Spec
You have mail!

[j drama] 23/12/2011 07:14

It all depends what price the other significant holders will accept.
If they didn't accept 38p last time with licences in dispute why would they accept it now when they are sorted & the company is profitable & generating cash?

Assuming Investorhills bought Pope's shares it looks like they've done a deal on behalf of Energees at a price above the market price & probably the price they intend to offer the rest of the market next year IMO.

[beeks of arabia] 23/12/2011 07:00

After seeing lki taken out for less than the current share price (2.75p as opposed to 3.25 at the time of acquisition) I wouldn't expect a great ending here.

[j drama] 23/12/2011 02:50

Spec
It looks like Investorhills are accumulating shares again for Energees.
The acquisition is almost the same as Pope's last holding announcement (80k diff).
Energees & Investohills have 61.6% plus Investohills have that option for 10.8m/3.4% shares at 63p expiring in Sept 12.

So it looks like we're on for another bid in Q1 2012.

[p1ncer] 23/12/2011 00:25

Not so bad Beeksy, your good self?

[beeks of arabia] 22/12/2011 21:08

My ol' BP buddy! Hope you and the family are well!


feethak2 - 22 Dec'11 - 08:38 - 13126 of 13130

[arsene5] 22/12/2011 19:07

sprechen sie English ?

[buy and hold] 22/12/2011 19:04

Beeksy ,could you please to put something with Christmas!
So ,did Investohills buy the stake of the Pope ?
That means that energees proceeds with their delisting project...
I hope to be wrong but...
For all long holders i wish a happy Christmas and be carefull of those Ukrainians,Russians,Romanians(do you remember Frank with the huge discovered oil in Greece),etc. !

[jam2day] 20/12/2011 15:09

I doubt that even the dead ones do !

[arsene5] 20/12/2011 10:55

Mr Drama

I dont imagine there is a human being alive who listens to mstub.

[j drama] 20/12/2011 10:48

I believe that the same people behind Ventura are also behind Curzon, they are UK based but the fund is incorporated in Bermuda.

[j drama] 20/12/2011 10:17

I suspect that the only detailed updates we'll get will be the final & interim accounts, which techically if all they are doing is carrying out workovers to increase production is all that is legally required.
The last update wasn't actually required based on materiality of production increase.

Personally I think we'll get another offer from Energees before the next detailed update, unless they assess after the work they've carry out the licences aren't any good.

While the markets are being so risk adverse I would expect the share price to continue to drift on very low volumes.