UK Oil & Gas Takeover Rumours (UKOG)

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UK Oil & Gas Takeover Price

UK Oil & Gas Takeover Forum Posts

Hold my hands up I sold at 5 and have just bought back in. Thought it would consolidate around 5 and get back in cheaper, but this just keeps steaming ahead. Looking good for 10p with no real retrace. Too many big buyers accumulating. Seriously feel something is going on in the back ground ie. takeover. Surely UKOG would have got s speeding ticket ticket by now if there is nothing behind this monumental rise. Holding strong now as have learnt my lesson.
Rayrac If you think that's a shock you should see how TDDI are showing my SOLO shares (plus 1084%) Aside for those of a nervous disposition, remember AEX, a good RNS might not be as good as everyone was expecting. for those in the buyout/takeover mode, remember Alf Bisset. I will leave you to think about that one, and see who is longer in the tooth than me.
200M yesterday in delayed trades throughout the day. Gunsynd sell over 70M in the last week or so. Only the two RNS regarding Gunsynd. Thee is a very large number to be covered by the next RNS. Who(m)? Warrants o/s for 123M shares (all in the money); 30M have not yet vested, but can be accelerated on company takeover (but not, I think< on buy out of HHDL)
It could be institutions but doubt a takeover so early.
Guys if a major wants in they would farm in to the licence. This is what oil companys do. Eg premier oil into rockhopper cairn in to irish licences. No takeover is happening until the weald is proved up which could be soon.
Barnetpeter - they won't need to raise funds if they are vulnerable for a takeover bidding war..!?! ;)
Newmont takeover of Greatland could happen anyday now...talking of 20x share price
lenigas exercising his warrants early means he thinks a takeover is highly likely soon...and then you get wankers like this twat : BrokermanDanielâ€￾ @BrokermanDaniel Jul 14 More Fatman #Lenigas admits it was he who exercised 55M #UKOG Warrants AFTER @shareprophets Blog. Fatty only coughed it AFTER HE WAS EXPOSED lol!
Appears we are looking at a future takeover?!
That's interesting, never knew that if you hold warrants and a takeover/merger took place they are void!!..opens up a can of worms.
Earliest date for HHDL planning approval is now 13th August. Source - SCC agenda for July meeting. Still believe UKOG are dragging their heals and focussing on BB. insufficient manpower or skills? Takeover? Tellurian holding could be the first target to give buyer majority stake. Then fun begins. UKOG are constrained to not taking more than a 50 per cent share of HHDL, but they have an insurance policy in place (first refusal on RGMs holding).
Further to my post above, I re-read the RNS of 23rd June which states sampling was being done over the weekend. DL exercised warrants the following Monday. As MM has said, maybe it's good and they've linked it with HH and due a takeover or they are trying to let this run as high as possible..?
MM, there could be something to this. If the options were granted on the basis that they become null and void in the event of a takeover this would be a trigger for the holder to convert. I do not know the context of how these options were granted and therefore cannot make a determination. However, if there was a clause within the granting of the options this would make sense for exercising them at this point.
Join a few more dots and t,s but the weald basin is all but proven up.It is so vast that no one has really woken up to see the true picture.This is a Saudi type moment for this country.This is not for minnow type companies to run.It is inevitable that the big boys must and will takeover
takeover rumour and 5p per share
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