Amerisur Resources Share Discussion Threads

[tidy 2] 19/7/2019 10:32

Yes breakout.

[pauliewonder] 19/7/2019 10:31

Agree Lucy, if the terms of the sale are not acceptable, then it can be split up by the sounds of things because there are multiple parties involved in other assets. If thats in the same asset = possible bidding war, if not, then we could still theoretically sell the full company to multiple different parties. Very exciting times.

A little perplexed that I have been able to pick up more at 14.77p but absolutely happy with that price given this news.

[theaviator] 19/7/2019 10:31

Hardly any free float left I'd imagine

[fatgreek] 19/7/2019 10:31

50p takeover I think

[pre] 19/7/2019 10:30

another 144k buy appears...someone loading up big time here...

[ken298] 19/7/2019 10:30

Who is selling at this stage ?

[theaviator] 19/7/2019 10:30

Nope. Up she'll go

[cudmore] 19/7/2019 10:29

Someone likes the news. 144k purchase.

[tidy 2] 19/7/2019 10:28

Broken out of falling wedge.

[fatgreek] 19/7/2019 10:28

£1 here we come lol

[juuunx2] 19/7/2019 10:28

Now that would really put a smile on my face

[lucyp00p] 19/7/2019 10:28

It will be sold in 2 parts. ONGC will bid for CPO5 and OXY the rest. Gran Terra or Shell need to spoil the party.

[kirk2] 19/7/2019 10:27

free float stock exhausted, about to pop

[lucyp00p] 19/7/2019 10:26

Also, anyone that has any ISA allowance left, swap your amer holding in today. Any losses on historic positions are yours to keep and any profits tax free.

[lauders] 19/7/2019 10:25

Amerisur Resources Plc ("Amerisur" or the "Company"), the oil and gas producer and explorer focused on South America (LSE: AMER), announces that following the receipt of interest in the Company and its assets from other industry participants, and in light of the high level of recent activity in the Colombian E&P sector, it has decided to conduct a formal review of the various strategic options available to the Company to maximise value for shareholders.

The bold part is hopefully one of the critical parts of the news. Wish all the long term shareholders here the best for a decent result if there is an actual sale after this announcement.

[kerri28] 19/7/2019 10:25

Could someone give me a brief explanation on how this works, we will get to decide and we will get value once price is decided.

[juuunx2] 19/7/2019 10:24

25 would be nice would actually be in tidy profit worth the wait then

[kirk2] 19/7/2019 10:23

advised 30p min, x2 bagger by Monday.

[pauliewonder] 19/7/2019 10:23

Absolutely. Directors arent going to want to take a loss and BMO Capital Markets will be trying to drum up other buyers. Happy days. Just sit back and wait for good news.

One things for sure, we wont be at these prices this time next week!!

[juuunx2] 19/7/2019 10:23

Yes RTD I know exactly what you mean

[cudmore] 19/7/2019 10:22

You have to laugh at the 20% profit gang. lol at some of the sizes of their trades. Pitiful. Hold for the news coming.

[leas1] 19/7/2019 10:21

Not a distressed deal at all. AMER are in the driving seat. Healthy cash balance on top of 1st class assets. Lets hope the BoDs have a good strategy in maximising returns for their investors. Worries me that they have no apparent strategy to grow the company. They have become nothing other than Real Estate Agents.

[jotoha2] 19/7/2019 10:20

If we go by previous deals , 60 % is the normal uplift on price , so 18/20 pence , but will they accept.