Amerisur Resources Share Discussion Threads

[quidnunc] 28/9/2017 13:09

Well, if it holds, that'll be the Blue Sky I'm thinking....
20p should see us through resistance.
However.....the signals are positive but the underpinnings are not yet as strong as I'd like to see them.
Good stuff though and a long time coming.
Q.

[eddie_yates] 28/9/2017 12:49

Was or is??

[davwall] 28/9/2017 12:34

Looks like the office junior was tasked with hitting the 100k sell button every few minutes...

[tyler durden1] 28/9/2017 12:26

So smashed into ground and now for a cheeky 60p bid?

[bryet] 28/9/2017 11:58

Somebody must have made a fortune out of the share price being pushed down to that stupid level of 15p we are now at the same point as it was in March when even at that time the share price did not reflect the true value of the company.I feel the share price will now hold at this level until we get news and then perhaps we can see an increase in the share price to a more sensible level good luck to all those who held the faith.

[trotting12] 28/9/2017 11:39

We're not riseing , were only making up lost ground , this should be near 40p if it hadn't been for manipulation ,, my theory was a bid would be made after the share price had been smashed

[davwall] 28/9/2017 11:13

Today's increase despite the vast majority of the larger trades (50 - 100k) being sells.

[davwall] 28/9/2017 10:59

Tonyrelaxes: Agreed, but there was a specific reference to JW being overpaid. Generally speaking, directors of most outfits seem at worst very handsomely paid. This bunch of snout dippers are not the worst by any means.

[doughboy66] 28/9/2017 10:36

We have 21p yippee 😊

[dayway123] 28/9/2017 10:29

The Bod are paid handsomely in addition to their options.

[meneither2] 28/9/2017 10:27

The bod need to demonstrate that they are back to 'under promise and over deliver' with regard to drill success/reserves and the ability to shift it in growing quantities.

[seball] 28/9/2017 10:22

Takeover in the offer?

[tonyrelaxes] 28/9/2017 10:22

davwal 4288
Apart from JW, the BoD usually go nowhere nearer Colombia than, maybe, British Virgin Isles (and Panama?).

[filterwest] 28/9/2017 10:21

Oil is over $58

[tsmith2] 28/9/2017 10:15

directors' remuneration is smack in the face to shareholders, has been for sometime..Pigsattrough

[filterwest] 28/9/2017 10:10

The share price can go to 25p+ in no time. GLA Sentiment have changed!

[davwal] 28/9/2017 10:09

I think I'd need paying well to live and work in the hostile environment that was Colombia, where terrorism, killing and kidnapping was an everyday fact. As for the poor IIs my heart bleeds. They are quite able to look after themselves.

[doughboy66] 28/9/2017 10:08

I see that GSA changed their shorting holding on the 25th ,now stands at 0.49

[eddie_yates] 28/9/2017 10:02

Enjoy the ride RI

[responsible investor] 28/9/2017 09:52

I posted the blog below on 5 July. Brent is now $55 and certain directors bought some shares at about 17p. A new Board would bring in fresh air and perhaps convince potential investors that a Board with truly independent directors and E&P experience would help long suffering shareholders - not something which the current Board with their inflated salaries have experienced!

responsible investor
5 Jul '17 - 11:05 - 47901 of 47903 2 0
As pointed out in another thread:

I wonder how many shareholders think we need a new Board with genuine oil experience as opposed to cronies of the no-oil-experience Chairman?

John Wardle does have experience in oil and Colombia but is vastly overpaid (2016 salary and cash bonus: USD1.65 million). However the company’s performance on the ground has been extremely disappointing and he is thus responsible for the overall poor showing.

Over 35 million nil paid shares have been awarded to three directors (GC, JW and NH). In addition they have 9 million share options outstanding at exercise prices of 11p to 15p awarded in December 2009.

These three directors have hardly invested, with their own cash, in the shares of company (despite their inflated remuneration) - with current interests of 17.5 million, 19.9 million and 6.4 million shares respectively, a total of 43.8 million shares - compared with the 44 million share awards! (Figures taken from the 2016 Annual Report.)

Meanwhile the Board has overseen a fall in the share price from 66p in August 2014 to the current 20p.

I wonder how institutional investors, which subscribed in the placement of 105 million shares in March 2016 at 25p per share are reacting, since which time the price of Brent oil has increased from $38 to $49 - a rise of 29%!

Speaks volumes to me. Something needs to changes

[doughboy66] 28/9/2017 09:36

It's amazing what a difference a few days makes in the sentiment of a share,long may it continue and hopefully Val is watching over us and enjoying the ride with us.

[tsmith2] 28/9/2017 09:03

I wonder if they are meeting institutions and we are seeing interest in the back of this, may even be assisting in clearing up seller..then news next week..feel like whoosh coming up?

[doughboy66] 28/9/2017 09:00

A very nice start to the day and hopefully some positive news from Plat 25 drill soon.