Advance Energy Share Discussion Threads

[sweet karolina2] 09/11/2022 15:30

No chance, this is my favourite little uber dog and ignorant, arrogant, foul mouthed losers make my day.

[smcl] 09/11/2022 08:42

Sk2- disappear to where the sun don’t shine!

[sweet karolina2] 09/11/2022 07:57

Well done oilbuy you have paid £1.5m for something that costs £500k and has an over 80% chance of being worth nothing. Warren Buffett must be ringing you for advice daily!

Try looking at the 5 real world case studies of Aim Rule 15 shells since Covid which you can find here:



smcl owns one of those 0ps too.

[smcl] 08/11/2022 19:07

Good stuff oilbuy.

[oilbuy] 08/11/2022 18:48

Not everyone is at a loss here , I'm in at 0.10p and happy to hold.Risk vs reward

[smcl] 08/11/2022 18:47

Ah shut up sk2 you boring repetitive git!

[sweet karolina2] 08/11/2022 00:17

They can't sell. It's suspended so they are trapped just hoping the clowns who brought them the B10 duster can get a little bit of their money back, otherwise they will be waiting for years to crystallise their loss at 0p to offset against CGT - assuming any of them ever make enough to pay CGT.

[gregpeck1] 04/11/2022 15:36

POS share. Sell and make money back in UOG. 6p minimum

[grafter] 04/11/2022 03:23

Outer market sentiment too ;-)

[sweet karolina2] 02/11/2022 09:23

I think it is worth looking at what is happening at SPC - the only one of my 5 examples of AIM Rule 15 cash shells since the start of COVID which still has a chance of making it back to trading. It stands that chance because it started with a decent sum of cash. That cash had drained away to some extent but there is still nearly £2m of it. The posts worth reading start here:



I hope it does make it all the way back as it will set out what the expectations should be for risk / reward balance when buying into AIM Rule 15 cash shells.

[oilbuy] 02/11/2022 08:21

Nonsense - you lost the kitchen sink .It's pretty obvious with your attitude

[chesycustard] 01/11/2022 13:53

1.5m in monopoly money ? what a loon haha.

[oilbuy] 01/11/2022 09:27

Ill bet a fortune that you haven't got a penny to your name !Lost the few quid you had and now your miserable and bitter.Nobody behaves they way you do if they are cashed up and happy with the industry.The only one that's trapped is you Further more theres nothing sweet about you.

[chesycustard] 31/10/2022 23:30

Or.. are you trapped out. Haha

[sweet karolina2] 31/10/2022 17:52

As expected you are all trapped, there is no way out. The second wind may just be a loud smelly fart. It certainly won't be the ludicrous share price you dream in your naive ignorance it could be.

[oilbuy] 31/10/2022 13:21

Was expecting an extension. ADV could have a second wind here !

[the chairman elect] 31/10/2022 07:10

Advance Energy plc ( AIM:ADV ), the energy company seeking growth through acquisition or farm-in to interests in discovered upstream projects, announces, further to the Company's announcement of 9 September 2022 regarding the non-binding Heads of Terms in respect of the potential acquisition of a European oil and gas company ("HoT) ( the "Potential Acquisition"), that the previously agreed exclusivity period has been extended from 29 October 2022 to 28 November 2022.

The parties continue to work diligently towards concluding a definitive agreement and the Company will provide further updates in due course.

It is noted that the Potential Acquisition would be considered a reverse transaction under the AIM Rules for Companies ("AIM Rules") and is therefore subject, inter alia, to the issue of a new AIM Admission Document that would set out details of the Potential Acquisition and convene a General Meeting of the Company to obtain shareholder approval for the Potential Acquisition.

The Company's shares were temporarily suspended from trading on AIM on 9 September 2022, to remain so until Advance Energy is in a position to publish an associated AIM Admission Document for the Potential Acquisition.

As announced on 27 May 2022, Advance Energy became a cash shell on that date under AIM Rule 15. As a result, the Company had six months from that date to complete a reverse transaction or trading in the Company's shares would be suspended under the AIM Rules. As Advance Energy will not be able to complete a reverse transaction within that time, its shares will remain temporarily suspended from trading on AIM for a further six months until such time as the Potential Acquisition or another reverse transaction is completed. In the event that a reverse transaction is not completed within the further six months, the Company's shares would be cancelled from AIM.

It should be noted there is no certainty that the Potential Acquisition, or any transaction, will take place.

[maytrees] 28/10/2022 09:58

Given the suspension one even "idiots" cannot trade in the co's shares anyway.