Amerisur Takeover Rumours (AMER)

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Amerisur Takeover Price

Amerisur Takeover Forum Posts

GC companies not doing well broadly: IRON - mired in financing negotiations, seemingly indefinitely. SMA - Suspended, reverse takeover fallen through, only a couple of months left until de-listed. KENV - Same old same old really, but in my view they've hired a narcissist to run the operation. His interviews are obnoxious, yet the detail that matters is still missing.
Nobody cares is my bet. The current structure promises no benefit to pi's short of a takeover which, due to the critical role of JW is not going to happen. So the fat cats pig out and we speculate that there will be jam tomorrow. Sadly, it ain't happening any time soon. Sad to conclude this is a bit of a waste of time right now.
Any chance of a takeover when we hit 10,000?.
Takeover in the offer?
unless me cockles are not workin like they used to ... i fink someone we now knows why the sp bein held where it has for last 6 month gran tierra takeover or merger anyones??? i see connection in canada
As to be expected I totally disagree with a placing whatever the reason. A placing would demonstrate beyond any conceivable doubt that insider trading has been undertaken for a prolonged period of time, damaging the sp and damaging investors. Any placing should be accompanied by the Board resigning en bloc. If it was that good ONGC would be more than happy to start takeover proceedings, and so be it if that was the case and if other bidders came in, so be it. This lot have had enough out of shareholders. I for one would be on to the FCA like a shot, as the whole situation would create so much stench it would be unbelievable and the credibility of the company would be considered by many to be on par with Langbar in my honest opinion.
Ive been giving it some thought about why we have not had an approach. My take on it, is that the institutions are all in the know and no sales from them might back that up. Any would be predator would do their due diligence beforehand so would approach institutions and any significant shareholder to sound it all out. If the institutions are not on board or Michinoko, then there would no point at all in considering a takeover or even talks about the possibility of a takeover. All the evidence I have is that the institutions are supportive of Amerisur, and I still think this supports the large disposal idea, as even if someone picked up all the shares, without the other institutions they would get nowhere.
So here's the $20,000,000 question. None of the information above is a secret. It's not even overly bullish nor speculative although I do take issue with the takeover nonsense. Therefore to a certain extent it must already be priced in or taken account of, and yet the valuation is about half of the true worth on a conservative basis. We will soon be shipping over $10mm per month with about 45% margin. Why hasn't it bounced already?
The board needs to issue a statement quelling fears of a cheap takeover. Volumes would increase and push the seller and his associates aside.
Five trades (buys) so far at lots of 581. The takeover by stealth continues.
Seven buy trades today in lots of 569. Looks to me the the opening shots of a takeover.
A 75% vote is required to de-list a company from AIM. I very much doubt that Amerisurs board, even with Michinokos help could muster that kind of support. Owning between 30% and 50% of the shares would result in a forced offer being made for the remaining shares. If you exclude Michinoko, the remaining eight major share holders own approx 40% of the company. Any sale would have to be mutually consenting and I doubt GC would want to shaft the II's he currently has on board, he has other interests and his reputation to worry about. Personally I think if a takeover offer was made, the price would be respectable and probably wouldn't come from the board.
Would they not need to accumulate a minimum amount of shares in order to make an aggressive takeover bid??
A couple of questions for you business minded people. Are there enough separate major shareholders with enough combined shares to prevent a takeover? What criteria needs to be met for a buyout to be possible? Thanks in advance
To me it's the fact that two more wells are already in planning. That suggests the operator really is confident of CPO-5 being a bumper reservoir. As to possible AMER shenanigans, I'm more inclined to think GC has worn out his welcome and it's payback time. The mates that pat him on the back now hold a dagger in the other behind their backs. In the end, blowhards are found out - particularly when they've creamed it in on the back of other people's cash. So I don't really expect a cheap takeover unless ONGC decided they wanted 100% of their block plus the rest of AMER.
Laptop Only fool, a desperate person or someone trying to get the price down for a cheap takeover would be selling at the moment imo
Ok news confirmed. I'm exicied about the potential of this discovery as this block could exceed 35,000 bopd easily imo. Takeover hungry majors must be looking at Amerisur. Good luck all
30p minimum takeover price.imo
Time for a statement by the BOD or face an EGM. As others have stated previously there is nothing stopping the BOD advising that either they know of no reason etc or advising as to who is seller as something is wrong here. It's either the board know there is a seller and leave us in the dark or else another agenda at play but we need to know as otherwise the MBO or cheap takeover looks very likely
I forecast that we will get shafted with a piss poor low price takeover but I hope I'm wrong
To those who say it doesn't matter that oil is still there and worth more? How do you know? On that basis tell it to a potential takeover candidate and shut production down completely? Let us know their comment
A very pleasant evening, so much so that I had to wait a couple of hours before daring to drive back this morning. The Bree had a great variety of beers on offer and as usual was rammed and buzzing. The Great Nep has changed, both the decor and the menu, but there was still Haku choyala to start and a glass of rum to finish. Some very interesting conversations about Chaco and Amer events going back over the years but no clear insights into the current moribund state of the SP. There is a worry that the sp at this level makes a takeover a steal & with JW buying shares in Iron, one wonders whether his commitment and attention is wavering. The Oleoducto, its actual and average capacity came in for a lot of speculation. & of coure, Brian and his contribution was discussed and appreciated as well as being missed of course. Q.
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P:33 V: D:20171215 08:27:52