Rurelec Share Discussion Threads

[gerhart] 30/9/2015 08:26

We've all gone back under the duvet Jeddi!

It's no surprise really Julcester. At lease we still have an NAV of 7ish. Including money owed well above share price Just a pity PE was in La La land for so long.

Hope peeps see this as a buying opportunity rather than selling. Could be also that this is being overplayed too to massage Stering's input for future recovery - or low price bid to take private.

[julcester] 30/9/2015 08:03

You don't get more damning than that RNS!

[jeddicat] 30/9/2015 07:48

RNS -

Where is everybody?

regards

[giant steps] 25/9/2015 19:32

The Stig, it's easy for you to make a throwaway question as per #204, but have
you considered that an IPSA suspension may signal a bonus for Rurelec ?

Have Sterling decided it's better to let IPSA fold and RUR default on it's
payments to them? Do you know ?


edit:
i assume your throwaway question is about IPSA (not RUR)

[the stigologist] 25/9/2015 17:00

IPSA Suspended

How long before this goes to the wall ?

[bill182] 23/9/2015 10:32

Some decent buying this morning which has raised both the buy and sell price, although they are still showing the trades as sells.

[cyfran101] 21/9/2015 23:36

Does seem that we are at an inflection point and the Interims due in next 10 days should show what they are planning to prioritise out of the numerous options that have at present.

[torbie] 21/9/2015 15:58

Thanks Bill you have been so helpful not many come on here and I am a bit behind with all this stuff

[bill182] 21/9/2015 15:48

Torbie, the MM's are up to their usual tricks. Looks like you may have timed your purchase to perfection with the results due very soon and hopefully some positive comments from the news BOD.

[torbie] 21/9/2015 15:12

Thanks bill it's just when I went on to buy share the price was 1-68

[bill182] 21/9/2015 14:42

It is because the price you paid was below the mid-price at the time of the trade.

[torbie] 21/9/2015 09:42

Why are all the buys shown in red ???

[torbie] 21/9/2015 09:22

That 200k showed as a sell was a buy

[torbie] 03/9/2015 16:42

The spread has widened somewhat

[giant steps] 03/9/2015 08:57

Thanks swooped

71% of shares of the 561m (399m) are held in
tight hands between Sterling and YF Finance.

Free float only about 163m, so trade yesterday for
8,398,829 @ 1.5p is on the volume radar, plus
late trade 2m @ 1.55p now published.

[ quoted discounted buy price 1.7p ]

[swooped] 28/8/2015 11:30

Seems IPSA, RUR and Sterling now once again share offices, cosy again!

[giant steps] 20/8/2015 16:43

€1m of the outstanding balance due to Ethos Energy has been paid by RUR
and proposes to pay to Ethos Energy a further €1.5m before the end of
Sept 2015 and the balance of approx €355,000 by the end of Oct 2015.

The tidy up continues ...



RNS for IPSA 20AUG2015

[giant steps] 18/8/2015 20:15

After hours announcement yesterday, easily missed
- good to see some tidying up (i.e. repay debt)


RNS 17 AUG 2015

[mbaxter] 31/7/2015 09:14

I agree with gehart that there seems to be more to this than meets the eye. May need to retain some of the cash in the bank as w/c and wait on other potential income to meet the rest of the payment. The timing wrt getting shot of PE and E is interesting, as is the wording used by IPSA around their resignation.

[giant steps] 31/7/2015 09:07

Same party pulling the strings on both sides so guess they can make the
agenda, though it does make it murky for rurelec investors. Further
release of assets via partners should provide the lift to despondent
holders.

[gerhart] 30/7/2015 14:55

Not sure I undertsand this Giant and its impact on us. If we have now received all of the money due to us following recent sale, why are we not just paying off all money due to IPSA?

Perhaps we'll get an RNS of our own soon, which might clarify things.

I just wish we could get an share price lift!

[giant steps] 30/7/2015 13:08

So rurelec to pay IPSA creditor 2.8m euros = c£2m

Rurelec to pay £300K to IPSA, with balance £585K to follow.


Confirms rurelec is now cashed (for any doubting folk )

[giant steps] 30/7/2015 12:32

RNS for IPSA 30 JULY 2015

No surprise to see the decks have been cleared

( plus gives update on payments from Rurelec to IPSA )

[gerhart] 23/7/2015 13:26

Thankfully our NAV is based on good old fashioned(and new!) working and cash-generating industrial hardware. Which is a whole lot better than the stuff many other company NAVs are based on.

And whatever in the short term, assuming Sterling intend to keep a market listing, one way they could give the share price a good kick-up the backside is by just getting on and doing that Chilean dual listing....