Amerisur Resources Share Discussion Threads

[tyler durden1] 13/2/2018 08:08

If GSA have 2.14% short on Amerisur. If they closed went long to same extent, would be no RH shares?

[pembury] 13/2/2018 07:40

can imagine the call, yeah we'll take your 56m shares in one go but at 10p.

[farview1] 13/2/2018 06:44

Many of the posts on here by the long term posters are plausible and well considered (although some do appear to be traders) and monthly Production updates provide timely guidance on profitability & drilling which is re-assuring. I am reluctant to be negative, but I can't understand why Dana or Alex have minor holdings. Alex, with his experience and connections, would invest in any fantastic opportunity.Hoping someone can quash my reservations.

[tonyrelaxes] 12/2/2018 22:46

FA
I don't "see FSA's comments" - thanks to the magic of the Filter button.

Ah - bliss.

Others' comments in response, which I do see, confirm to me my decision was right, for me at least!

[foiledagain] 12/2/2018 22:36

12/2/18 official short positions DISCLOSED

GSA Capital Partners LLP AMERISUR RESOURCES PLC GB0032087826 0.49%
GSA Capital Partners LLP AMERISUR RESOURCES PLC GB0032087826 0.53%
GSA Capital Partners LLP AMERISUR RESOURCES PLC GB0032087826 0.60%
GSA Capital Partners LLP AMERISUR RESOURCES PLC GB0032087826 0.52%

GSA CAPITAL PARTNERS LLP
Stratton House
5 Stratton Street
London
W1J 8LA
So what connection does GSA capital partners have with RH?


Don't forget many are exempt from notifying short positions. Market makers and primary dealers can use exemptions.

Spread bets are often excluded. So many tricks the City uses to bamboozle the FCA who always want to 'see no ships'

[tonyrelaxes] 12/2/2018 22:01

10 trading days to go.
Driving the share price down a further 4p by then would be RH's victory beyond cost - which would probably actually be around NIL!

[foiledagain] 12/2/2018 21:53

FSA. Watch and learn trader

[fsawatcher] 12/2/2018 19:53

foiledagain

you soundin more like boiledagain

56m shares to go aint gonna be done overnight

ii's just let it drift to 14p level and if no buyers want it they mop up

rex gonna get 11p for his shares if he not carefulls coz market gonna go all pete wrongin soon innit

S&p gonna lose 10% from ere

[foiledagain] 12/2/2018 17:31

Also to note that not only are City in the know about Rex actual holding it has been a license for guaranteed profits by short selling and leveraged deals by them and others in the know.

Under 5% though makes it potentially perilous for those games as one institution soaking whatever Rex has left and we don’t know and won’t know that until he notifies finally.

It seems to me a rare situation where an asset can be bought at a fraction of its worth let alone its potential

Some must know whether he is disposing of all or what his transaction amount is and no doubt they and theirs are sharing spots at the feeding trough

I’ve ploughed in and will continue to do

[foiledagain] 12/2/2018 17:31

Also to note that not only are City in the know about Rex actual holding it has been a license for guaranteed profits by short selling and leveraged deals by them and others in the know.

Under 5% though makes it potentially perilous for those games as one institution soaking whatever Rex has left and we don’t know and won’t know that until he notifies finally.

It seems to me a rare situation where an asset can be bought at a fraction of its worth let alone its potential.

Some must know whether he is disposing of all or what his transaction amount is and no doubt they and theirs are sharing spots at the feeding trough

[blackdown2] 12/2/2018 17:02

Bryet

I don’t believe that RH ever intended to buy the company; however, I strongly suspect that he wanted the board to agree to sell the company some while back - and of course they didn’t/wouldn’t.

[foiledagain] 12/2/2018 16:53

Just to correct some, Rex has not notified via RNS. The company registrar has, which again suggests its likely he has not broken any rules on notification.

Below 5% is great, because it allows an institution to clear that lot in one fell swoop, and again this in my opinion where many may recall the grief I got from posters when suggesting RH was still selling.

Why would the City buy when they know to the nearest share how many RH has left. Its only Amer shareholders in the dark, so the City just has to wait for the first company to blink, but then expect an absolutely feeding frenzy.

All this though could end in an instant, if an institution decides its too goo to miss, and snaps up all of RH's disposal, whether that involves selling all his shares or not.

This shows why its worth acquiring more an more discounted shares, as there's nothing fundamentally wrong, just the price being hit after such a prolonged drip drip into the market.

[yufff] 12/2/2018 16:29

The only way to stop RH dumping is for the BOD to get things going.

[al101uk] 12/2/2018 16:25

davwal,

All things being equal you would be right, but all things being equal, if Amerisur don't buy back, the share price will move further into reverse.

I tend to agree with Roth, that having a clear policy would make potential investors feel safer and more likely to buy and so the effect would be two fold, it would remove shares from the market and entice additional buyers.

[davwall] 12/2/2018 16:22

With so many shares apparently sloshing around its perhaps odd that Foiled Again struggled to buy 500,000 last week.

[bryet] 12/2/2018 16:19

I think all this is because his plan to take over the company at some time in the future has been scuppered and its a cause of if I can't have it then my money's coming out at my pace and sod you.

[roth] 12/2/2018 16:05

Unless the company do some sort of buy back, they are allowing RH to slowly choke off any retail interest in the share, potentially for years. In addition the company may be vulnerable to a low ball bid, or, if they ever wanted to issue shares for an acquisition it would cost us double what it need do. I believe the company has a buy back facility, so use it. They probably wouldn't have to buy back that much - just show the intent and the retail investors would flock to the share!

[davwall] 12/2/2018 16:02

if AMER buys back on the open market while RH continues to dispose at the same rate we are no further forward.

[blackdown2] 12/2/2018 15:58

Davwall

I suspect this friction goes back at least 2 years.

[currypasty] 12/2/2018 15:57

I guess that's the problem, we don't have buffett running amer, we have, well you know..

[al101uk] 12/2/2018 15:42

Doesn't stop Amerisur doing a share buy back on the open market, if he doesn't want market value for them, then I'm sure others will take advantage.

I think Warren Buffett has the best idea, he says he will do share buybacks as and when the share price does not at least reflect a level that is set at a percentage below intrinsic value.

[davwall] 12/2/2018 15:18

It takes two to tango. If for whatever reason RH doesn't want to sell to his erstwhile pals there isn't much they can do. The way AMER is having to find out his holding position suggests there is plenty of friction between the respective parties.