Altona Energy Share Discussion Threads

[pembury] 02/10/2018 12:29

Exactly NR so why bloody bother, like the last lot they have added f all value despite talking the 'potential' forever. Sound familiar.


I / expect most here have always thought Arckaringa must surely hold some commercial value, but nobody can deliver it!. They were supposed to drill august but here we are in October with no f'ing clue when this will happen!. Same old story.

[pjackson2] 02/10/2018 12:28

Been in this dog circa 10 years. Got out for good early this
Morning. Consolidation will see further falls. Seen it
So many times. Directors just taking wages for nothing.
Placing after placing after placing.

[nick rubens] 02/10/2018 11:31

1 for 1000 consolidation would be a share price of 200p from .2p.

Makes no difference from a mkt cap point of view, the company still needs to create some shareholder value rather than drain it.

[yasx] 02/10/2018 10:39

Anyway, I will leave readers to it.

Good luck for the future.

[yasx] 02/10/2018 10:39

yasX 10 Nov '17 - 21:23 - 18612 of 18889 Edit

Well, if the Board deemed it fair to value to sell 30% of the Co. for £200k a couple of weeks ago then what makes investors think it is suddenly reasonable to consider it is now weeks later undervalued at approx £10 million? Do you not see how absurd the current m/c is?

[yasx] 02/10/2018 10:35

Well, I did around a year ago point out the obvious to readers both here and on LSE, but, they bombarded with a cannonade of profanities. I resist engaging in schadenfreude, but, on this occasion, glad they got what they deserved.

The simple question ot have considered at that point (as I suggested to them) was as follows:

If a chinese outfit is willing to pay tens of millions for a stake in an asset owned by ANR, why around the same time as contributors were indicating this, did ANR give away around a third of the Co for 200k to two investors?

The answer was a simple one - there was never any real prospect of receiving the aforementioned magnitude of funds from any chinese investor.

Hope the novice mugs do absorb a lesson from this.

[jbennett] 02/10/2018 10:30

Why are people buying after that RNS?? :-0

[cheekyfella] 02/10/2018 09:51

just waiting for someone to post - this will finish blue today :-)
took 500k at .18 for a laugh

[mc7y] 02/10/2018 09:44

the share price movement today looks like a kid trying out his new Etch-a Sketch!

[seismick] 02/10/2018 09:21

Is that crys of 'you don't know what your doing' I can hear ringing out?

[cheekyfella] 02/10/2018 08:58

if true - they're going the right way about it
won't be any shareholders left at this rate

[cpap man] 02/10/2018 08:38

Could it be pembury that they are with the Chinese trying to p*ss off shareholders to then take over ANR as cheaply as they can?!?!?

Food for thought maybe?!?!?

[p0pper] 02/10/2018 08:12

I am sad to say after being here for over 10 years I am going to get out as soon as an opportunity comes up. What a waste of a fantastic opportunity in the early years,
such huge potential, all the bosses and board members just got paid a huge sum for the last 10 years for fu-k all. 2 more share issues in the offing and that's just to investigate this new tech.

[p0pper] 02/10/2018 07:29

More shares issued today, more shares issued tomorrow, fill your boots directors FFS
we'll keep paying you for fu-k all

[jbennett] 27/9/2018 07:24

Can't see how Cheekyfella, based on the last RNS. SA gov due to assess after the Land Rights study in mid Oct.

[azalea] 25/9/2018 08:38

With the price of oil and thermal coal on the rise, ANR will prove a snip for one of the mining giants.

[cheekyfella] 24/9/2018 12:26

I think it will be sooner. Price action suggests this also.

[jbennett] 24/9/2018 08:45

We could be looking at November now for the go ahead. Fingers crossed the PEPR is cleared. These delays must be proving costly.

[cheekyfella] 21/9/2018 10:56

like catching a falling knife this atm pembury -- .2p paid

[pembury] 21/9/2018 10:29

0.75p down to 0.2p great work Altona board!