Amerisur Resources Share Discussion Threads

[farview1] 21/3/2018 20:34

Other than RH of course

[farview1] 21/3/2018 19:31

A few years back the BoD proposed options had to be significantly reduced due to shareholder opposition. Can anyone recall which shareholders were instrumental in making this happen ?

[westmoreland lad] 21/3/2018 16:55

tyler -- t'was FA ----------->

westmoreland lad - 27 Feb 2018 - 22:25:49 - 7262 of 7789 Amerisur - AMER
Dodge / penny -- GC / JW / AMER directors are not in any hurry to appease RH + son in any shape or form imo. as genuine poster FA has tried many times to inform this bb..

FoiledAgain - 21 Feb 2018 - 10:34:40 - 7023 of 7262 Amerisur - AMER
Charlie. You are wrong on so many counts in post 7020.

I repeat for the umpteenth time, Amerisur has had some good news, which has had precisely no effect on the share price in months and months, which suggests its nothing to do with news, and where my suspicion and that of some others is that there is no motivation to produce good news that leads nowhere with regards the sp, hence the concentration on taking wells offline for maintenance, etc. etc.

Only CPO-5 is reported as good news story at the present, as they have to as ONGC are operator of the field, but that does not even drive the share price ...? Why would it, in the face of persistent iceberg seller.



Cheers Toon. Going for an extra .5MM. Want the rest sub 15p. You back in the UK ?

[meneither2] 21/3/2018 16:53

Think we may have experienced a few of those!

[lucyp00p] 21/3/2018 16:42

Did I just witness the dreaded dead cat bounce?

[aceuk] 21/3/2018 16:33

No it wasn't me tyler, could have been Foiled or maybe Roll?

I can't see any other reason

[eddie_yates] 21/3/2018 16:31

Tyler
I think you are thinking of Foiledagain

[tyler durden1] 21/3/2018 16:25

None of institutional investors seem concerned or offloading, some adding. A game of poker until shorters blink. Someone will break rank and share price shoot higher. What will f em up is new institution snaffling the remainder and that could happen anytime.

[aceuk] 21/3/2018 16:19

Any recent (using the word very loosely - months if not years now) good news has had precisely no effect.

That is why the price is where it is - as far as I am concerned Harbour and his company's selling is irrelevant. (e.g. the government had billions of LLOY to sell and they sold an awful lot of them at higher prices than today's price)

I think there is bad blood between the board, specifically Clarke, and Harbour and the price is just collateral damage. Until Harbour is out I don't think anything will change.

I guess the FCA are not too interested in this kind of manipulation i.e. that which causes people losses. If one or two insiders were gaining out of it that would be different!

[bryet] 21/3/2018 16:02

Directors should be proud that so many small shareholders think so highly of the company they still keep buying in you would think they just might help the share price by giving out a bit of good news or is it too good to ask?.

[kaos3] 21/3/2018 15:55

or move or divorce.

flight over fight society

Thanky you for saying it so well. I am illiterate (almost). wrong supplier.

[al101uk] 21/3/2018 15:50

rollthedice,

Pretty much where I am at the moment, holding and sulking.

kaos3,

The problem is that it takes an entity with a large enough holding to raise issues or dictate to management. For fund managers Amerisur is small fry and not worth wasting their resource (it's hardly going to be a top 10 holding) and very few PI's are likely to be significant enough.

Management achieve power by default and as an accident of design. Generally speaking nothing changes until a takeover or an activist becomes involved.

I think the term "activist" is a revealing one, shouldn't all shareholders be "active" in their companies? It shouldn't be some specialist niche area in which only certain financial professionals exist.

The people here have taken control in as much as they can, by investing their money for themselves, reading the companies announcements, attending AGMs and voting. It needs the rest of society to learn how these things work and to do the same. That seems unlikely in the extreme, so you're stuck with "if you don't like it, sell".

[kaos3] 21/3/2018 15:32

management is taking power by consent, and the government. and the spouse. why giving away power and then complaining at the results. take power back as you can.

[kaos3] 21/3/2018 15:29

is whatI am saying in a way - like inheritance - one does not respect it enough

plus shareholders give management wrong frame. too high. and too low to themselfs

[eddie_yates] 21/3/2018 15:29

Couldn’t resist the lucky 7’s
We need all the luck we can get at the moment!!

[moneylender] 21/3/2018 15:24

They have plenty of skin in the game but it was all given to them!

[kaos3] 21/3/2018 15:21

and there is the problem in many shareholders - giving too many rights to the management.

I though that shareholders decide which TO price is good. Management does not give a big F.

it is not theirs wealth. why shoulld they care?

and that is wrong - no skin in the game. and those having skin in the game letting too much power fade away.

[underhill2] 21/3/2018 15:11

The Market Makers decide the share price. Its nothing to withManagement. They just run the company. If Management are so concerned about the share price they could always put the company up for sale and test the Market. What price Management would accept is the big question.

[rollthedice] 21/3/2018 15:06

Falling on above average volumes too which isn't exactly promising. Sub 15p by close of play. Not worth trying to catch a falling knife so I'll just hold & sulk! :)

[value viper] 21/3/2018 15:01

oil @ $69 also and still it falls.....need an update,,,can't believe management not fussed about share price

[trotting12] 21/3/2018 14:13

Wl ,, you shrewdey !! Wish I could have a dabble

[westmoreland lad] 21/3/2018 13:44

That 100k just gone thro' @ 15.25p is a buy. Time to make a start imo..

[farview1] 21/3/2018 13:43

The logical thing is for the IIs to challenge the BoD which would normally result in some news flow. It seems that no posters on this Board have any contact with the IIs.It also seems that most posters have immaterial holdings. We need a Bramson !