Amerisur Resources Share Discussion Threads

[xxnjr] 26/7/2019 09:21

sorry, the rns about GyroMetric in 22105

[xxnjr] 26/7/2019 08:31

Much ado about nothing.

[toptrump1] 26/7/2019 08:25

Get in quick:

[lucyp00p] 26/7/2019 01:28

Hello Westie. How are you doing? Have a word with your daughter, see if she can magic up some good numbers if JW won't.

[westmoreland lad] 25/7/2019 22:43

Exactly Spetch -- ONGC know where to pitch.

Putting a true value about this company is not possible b4 an opps up date.

[ih_710843] 25/7/2019 21:35

RNS
Needed for the other potential bidders Company needs to be more open This will allow the share price to be determined by what companies are involved

[fsawatcher] 25/7/2019 21:14

What’s the pipeline doing?

it be storin news for yous

[tommygriff] 25/7/2019 21:07

What's the pipeline doing?

[dayway123] 25/7/2019 20:45

Sji all supposition. Just let’s wait and see, I’m quite sure GC is a skilled enough negotiator and won’t be giving the company away as you seem to suggest.

[fatgreek] 25/7/2019 20:28

Tech trader thanks for this......can you tell me as I can see what you're saying up to there (as I'm learning charts) IF it got to 30p what your workings could be then....not to ramp more studying charts but just so I can see if I can see what your saying next as I'm a newbie to charts and am in total agreement with what you've wrote....and basically if I don't ask I don't get.. and want to see how the next step after that would be worked out so I can have a go.....thanks I'm advance,..

[fatgreek] 25/7/2019 20:24

Exactly how is saw it...

[bountyhunter] 25/7/2019 19:11

The BoD have purchased shares up to 18p/share so will certainly be looking for a minimum sales price in the twenties imho

[fatgreek] 25/7/2019 19:05

JW owns over a £million alone so the board will want to maximise shareholder value as they are shareholders....

[pauliewonder] 25/7/2019 18:48

Nothing is going cheap here. There are reportedly 6 players I tested, and if I were the board I would be contacting others to maximise shareholder value. The more that are interested, the higher the share price Don't buy that we will go for less than 25p and more than likely it will be higher than that.

[fatgreek] 25/7/2019 18:31

Rex dumped his holding......his loss

[stuart little] 25/7/2019 18:30

I've managed to bag 200k last 2 days. Not used to buying amer shares but had to split them into 50ks and most were slightly above the offer. Looks to me that the mms know the direction this is heading....Stuart

[lucyp00p] 25/7/2019 18:12

You sound pretty stupid to me

[sji] 25/7/2019 17:56

Many here are hoping that there will be multiple bids for AMER's assets. This would push up the takeout price unless the bidders aren't stupid ... and they are NOT!

The most likely contenders are OXY and ONGC but they are interested in different parts of AMER, Putumayo/OBA and CPO-5 respectively. Both are likely to have first refusal options on their respective blocks. So, most probably, they will combine forces and agree how to share AMER's assets and at the same time, offer us the lowest possible price.

Imagine if they had to table a joint bid at say 23p, would institutional investors refuse it? But will AMER private investors feel good about being taken over at such a low price? I, for one, will not be happy but reluctantly, I would sell out to protect the little profit I would have.

I would only be happy with 30p+ but with AMER's share price languishing at 18p, there aren't many chances we are going to get anything close to that figure, I am afraid.

[techtrader5] 25/7/2019 17:25

CHART ALERT:
The chart from start of 2018- present has almost completed an Inverse H&S pattern which is one of the most reliable bullish charts. All that is needed is a close above 20p, not so demanding considering a counter bid is likely above this level. (Expect resistance at 20 and 22 unless the next bid exceeds that.)
That would give a target of 30p which is what many are suggesting as a takeout price
Timescale 6wks. A Buy and hold tp 30p

[lucyp00p] 25/7/2019 17:22

Please let me quote this back to you in a few weeks before this thread and Amerisur disappears.