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| Share Name | Share Symbol | Market | Stock Type |
|---|---|---|---|
| Solana Res | SORL | London | Ordinary Share |
| Price Change | Price Change % | Share Price | Last Trade
|
|
|---|---|---|---|---|
| 0.00 | 0.00% | 132.50 | 01:00:00 |
| Open Price | Low Price | High Price | Close Price | Previous Close |
|---|---|---|---|---|
| 132.50 | 132.50 |
| Top Posts |
|---|
Posted at 28/11/2008 16:59 by sg31 Hi Mr 1,The SORL shares are now GTE shares on AMEX currently US$2.58.Do not confuse with GTE on TSX which are the same company but quoted in C$.There is also GTX on the TSX which are a special Exchangeco share for Canadian holders so they do not have to pay CGT.The reason the AMEX shares have gone up a lot today is because the US markets were shut yesterday when the TSX shares rose nicely.So in effect the AMEX shares are just playing catch up today. Current Sterling equivalent price for your shares is around £1.68 ignoring currency charges. Hope this helps. |
Posted at 26/8/2008 07:32 by bronek1959b not invested in sorl myself but this seems a fantastic company that is continuosly finding oil. |
Posted at 29/7/2008 19:36 by sg31 The merger looks to be good news for holders in Canada but I'm not so sure for UK holders.We know the there will be no listing for the new company on AIM so I presume we will either have to sell our shares in the market or open accounts which allow us to deal in US stocks.My SORL holdings are currently in accounts with Barclays and Halifax,I know that holding foriegn stocks with Barclays is inordinately expensive,I am not sure about Halifax but can't imagine they will be much use in this situation.Has anyone any experience of this type of situation or can anyone offer any advice. |
Posted at 29/7/2008 14:50 by norman the doorman we should be looking at getting 95% of the GTE closing price once the deal has been approved. so at $5.60 for GTE currently we should be looking at £2.70 ish for SORL. If the C4 and C5 well data is good then SORL should track the hopefully higher GTE price. i will be watching the action across the pond closely over the next few days. |
Posted at 29/7/2008 10:32 by tuckswood8 I am on holiday at present so not able to fully analyse the terms of the merger.Solana closed last night on TSX at around a 1-month low, the RNS talks of a 14% premium to the 20 day weighted average price, so why has the price fallen so sharply on AIM today? Also why did the price slump yesterday? The situation is further complicated by the GTE price having fallen 32% over the last month whilst that of SOR has only dropped 24%. Will have to wait for TSX to open to see the reaction there but it appears to me that our MMs have over-reacted in dropping the AIM price, and that anyone selling in the market today is getting shafted. As there is not going to be an AIM listing for the combined company it would seem that SORL holders have little alternative to selling in the market at some point, but I would hope to see a more fair price than 201p. I trust that someone better able than me to analyse the deal will post their opinion in the next few days. EDIT: Somewhat peeved as I added 2000 yesterday! |
Posted at 01/7/2008 21:33 by sg31 Norm,Flog the rest and buy more Sorl...That should sort it.:-) |
Posted at 17/6/2008 15:45 by soundfsilence SORL was share of the year last year... Can they retain their title this year? Certainly looking good! |
Posted at 16/6/2008 12:32 by soundfsilence SORL just keep motoring! What is the long term target here? |
Posted at 13/6/2008 10:03 by norman the doorman i got some more today too SG31. i am now morbidly obese in SORL. i couldn't believe that they would trade today before Canada opened. what i really like about this stock is that there's only about 4 of us in it. |
Posted at 20/5/2008 21:17 by bigwavedave Would the fact that GTE has some other assests and is traded in NY have anything to do with it? Or the takeover rumours? I have no idea - have kept only one eye on Solana, instead of both, for too long. But I am guessing from what you're saying that GTE and SORL tend to follow each other very closely. I didn't realise that until the past couple of days.The IV posters seem to be frustrated at a lack of news. Having been in AMER for ages, I can tell you that I've always looked at the regular updates from SORL/GTE with envy. Surely it's not "late"? Norman: can you expand on 'odd' for me. TIA |
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