Amerisur Resources Share Discussion Threads

[harrisun] 29/4/2017 17:39

Pure speculation - no way

have shedloads of shares have been offloaded by rh: YES or NO?
were shedloads of shares picked up by others: YES or NO?
have they notified: YES or NO?
has RH: YES or NO?
If RH's sell not completed do rules allow waiting until its finished? YES or NO?

Sounds plausible. Carry on like this on this bb and only rose tinted single view investors will post. Answers: YES, YES, YES, NO, YES

[big7ime] 29/4/2017 15:05

That's the point though, it's not information, it's pure speculation, gossip, conspiracy theory call it what you will.
I think news in the next week or two whether at AGM will show what a load of nonsense it all is on this thread.
Btw I'm increasing before that news.

[foiledagain] 29/4/2017 08:59

I am surprised at the controversy this appears to have caused, because the importance here is IF this is the situation, then it appears that RH made a decision to remove a considerable number of shares through the market, and obviously got no assistance from Amerisur, where usually such a situation is easily resolved to create a more accurate market in the shares.

I'm surprised at how my posts are received by some, because if this situation and long term decline in the share price has been caused by one major holder offloading to the market in one major transaction rather than dripping through several transactions, then when that stops, and it may have already stopped. The shares in my opinion will move substantially higher very quickly. You have the multiple hit of no more shares from that seller hitting the market negating all the good news in the process, with some who clearly knew of RH's disposal selling into it, to buy back cheaper at or near the end of the process, and shorts sellers having to cover their positions rapidly. RESULT A VERY QUICK RISE IN THE share price

Sorry if that prospect upsets some

[foiledagain] 29/4/2017 08:46

Charlie. Read the rules, if the transaction has not settled, in certain circumstances a holding notice is not required until the TRANSACTION has settled, not when blocks within that transaction are sold to buyers, but buyers where their transaction is settled do have to announce and they did.

It is common for sellers not to inform the market until after the full execution of their transaction, so if the transaction instruction to his broker was for a disposal of 100,000,000 shares, then RH can legitimately not notify.

This is why Michinoko and others do not notify at each 1% in certain situations, where in their case they did have 3 separate instruction transactions crossing thresholds, but after they were settled notified them en bloc but which was reasonable as they occurred in a comparatively close timescale. If you pass the thresholds in multiple transactions then you have to notify at the point you pass the 1% on the transaction that caused the crossing of the threshold. That's why its possible to jump 3% or more in one go if the transaction is a single transaction instruction to buy or sell x number of shares.

4) an acquisition or disposal of shares is to be regarded as effective when the relevant transaction is EXECUTED unless the transaction provides for settlement to be subject to conditions which are beyond the control of the parties IN WHICH CASE THE ACQUISITION OR DISPOSAL IS TO BE REGARDED AS EFFECTIVE ON THE SETTLEMENT OF THE TRANSACTION.

[jonnycash1] 29/4/2017 06:31

Lucy: Just by using an alternative exchange. Dark Pools predominately used, where you may just list your sell order anonymously and if someone wants to buy it, then you trade.



Dark pools

Dark pools are networks – usually private exchanges or forums – that allow institutional investors to buy or sell large amounts of stock without the details of the trade being released to the wider market. Dark pools can also be referred to as dark pool liquidity, or dark liquidity.

They came about as a way for large-scale investors to make deals with each other that would not result in an adverse price move against them.

If an investor wants to sell a major portion of a company’s stock on a public exchange they must declare their intention, and run the risk that the value of the stock will drop thanks to the swell in supply. Dark pools remove this risk by announcing deals only after they have taken place, and restricting access to deals

hxxps://www.ig.com/uk/glossary-trading-terms/dark-pools-definition

[meneither2] 29/4/2017 02:10

Eddie no opinion either way but just filter him if he offends

[charlieeee] 28/4/2017 23:43

FA

RH flouts the rules.

I make that as a statement of fact, based on the RNS dated 9th December 2009 showing his holding had gone from 2.98% through the notifiable thresh holds up to 7.6% in a number of accounts, in 35 separate transactions and over a period of 18 months.

Reading that RNS will give you insight into how he operates: transactions on the drip.

The very fact that those shares are in more than one account makes it impossible for them to be sold as one continuing transaction.

The mechanics of the share register are such that for the Company Registrar to know that RH's holding had decreased, executed transactions must have been lodged by the broker: for the continuing instruction to apply, the other side of the entry is processed (in this case purchases by Michinoko and ourselves etc.) but the sale only gets lodged at the conclusion.

As far as I am concerned RH's behavior has been reprehensible, with significant market information being available to the inner circle who have prior knowledge of his selling and when he stops. Of course Michinoko are the "bad guys" because they have somewhat spoiled the little game, but it should have been expected: clearly the BOD are experienced gamers with good contacts and topped a series of excellent RNSs, with a Japanese rabbit.

[eddie_yates] 28/4/2017 22:53

Q you are correct but I do find him ever so negative/ boring.

[quidnunc] 28/4/2017 20:49

I have to disagree EddieBoring or not, adding information to the BB is to everyone's benefit.Whether they chose to incorporate it into their view, dispute it or be bored is a personal choice.Keep on keeping in FAQ

[eddie_yates] 28/4/2017 18:00

Foiled you are imo incredibly boring/ negative and reading your posts make me sleepy that's all!!
Sorry to those who may feel the same about my responses to you.

[foiledagain] 28/4/2017 17:54

That's easy to answer Lucy.

If RH instructed his brokers to sell say 100,000,000 in Amerisur then under certain circumstances he would only have to announce to the market after the conclusion of that instruction.

If during that time, institutional holders bought chunks, they would announce their holdings, as in the case of the recent announcements from River & Merc., then Michinoko, but if the total purchased had not soaked up all the shares, then it would explain the share price weakness and explain why there has been no RNS from RH if the original instruction has not been settled, and it would also be the green light for shorting from anyone realising that RH was offloading.

Wonder if the AGM will reveal he has finished and the shares all found new homes? If that scenario is correct, and it does fit, then expect a very sudden increase in the share price.

[lucyp00p] 28/4/2017 17:22

All this speculation is driving me crazy. I am simply curios how, given recent volumes reported daily here, how on earth does an off shore anonymous entity acquire such a large holding almost overnight without moving the market or showing up as a monster trade or two? Can anyone else imagine going to their broker with a 33mm buy order and not moving the share price at all when Rex only has to sneeze and we drop 5%

[foiledagain] 28/4/2017 17:11

Do you really think your posts including Zzzzzzzzzzzzzzzzzzzzzzz!!!!!! add more to the knowledge on this thread?

The above explanation is a very feasible explanation for the lowly share price in the face of good news or do you not think that is relevant on this thread.

Let me know and I will happily post Xxxxxxxxxxxxxx or Yyyyyyyyyyyy if you feel that adds more value to holders or prospective holders.

[eddie_yates] 28/4/2017 17:07

Zzzzzzzzzzzzzzzzzzzzzzz!!!!!!

[foiledagain] 28/4/2017 16:51

Charlie.

The problem is neither you or I know what the sell transaction order was in terms of quantity from RH or whether it was settled, so notification by Amerisur's registrar may have only been the part disposal at that time during one transaction, where the rules allow notification after that transaction has been concluded in certain circumstances....so has it been concluded? I don't believe it was concluded at the time of Amerisur's holding announcement, and its why Amerisur issued their own notification via registrars. That would explain the share price weakness, and would also explain further acquisition(s) by Michinoko, but where their multiple transactions of 13th, 18th and 19th April are shown as separate transactions requiring notification on passing through percentage thresholds on settlement. That might not be the case for the RH transaction if the original instruction was a sell for many millions of shares, and might explain the continued weakness in the share price against good news with an eventual holding notice if RH's transaction has concluded.

(4) an acquisition or disposal of shares is to be regarded as effective when the relevant transaction is executed unless the transaction provides for settlement to be subject to conditions which are beyond the control of the parties in which case the acquisition or disposal is to be regarded as effective on the settlement of the transaction; and

[charlieeee] 28/4/2017 16:04

FA

The comparison between RH and Michinoko notification can be so easily demonstrated, that your response beggars belief.

Michinoko, for your information, acquired their 33m shares on the 13th 18th and 19th April and notified to the market on the 25th April at the beginning of the following week.

By contrast, that sneaky RH did not notify his 20m AT ALL: he was finally grassed up by the company registrar and AMER itself notified on 22nd March. Last year RH had come through multiple thresh holds and months, before he notified.

Instead of crediting trashy agenda driven sites with a detailed knowledge of the complexity of tax planning, you could just look around on AIM and see how many of the companies are or have offshore companies, all part of a legitimate tax strategy on the advice of their smart corporate advisers.

I will bow to your intimate knowledge of RH, as my comments were speculation on rumor posted here.

[bryet] 28/4/2017 15:31

Might be holding back with news till the meeting at the moment the share price is certainly in a rut!.

[eddie_yates] 28/4/2017 15:16

i've a good feeling that something exciting is in "the pipeline" too Westie (and Trotting)
The Z's were for old Chopper btw!!

[9barracuda] 28/4/2017 15:01

All my little piglets are lined up Westie!

[westmoreland lad] 28/4/2017 14:20

zzz ----- but not for much longer Eddie. Trott's post is on the money imo

[charlieeee] 28/4/2017 14:19

Well, Lucy, it was a good job that you did not follow RH into PANR!

This has solid foundations, enabling it to survive the bad times (which seem worse, because of these games with the SP) and I think we will know in relatively short order whether or not it is heading back to the winner's enclosure.

[eddie_yates] 28/4/2017 14:16

Zzzzzzzz!!!

[foiledagain] 28/4/2017 14:03

Charlie. You are simply wrong or ill informed

Look at the statistics in the link posted previously.

offshore is about anonymity, and whether that's tax evasion or other crimes.

Tax avoidance measures do not need anonymity.

So Michinoko notified quickly did they. What 33,000,000 shares quickly?

"We all know Rex is meddlesome"

No we don't, I know Rex as someone who looks after their investment.

[lucyp00p] 28/4/2017 13:03

If you think Amer is a GC inspired "Winner" of late I sure wouldn't like to be backing a loser.