Amerisur Resources Share Discussion Threads

[astorcourt] 31/7/2019 07:41

here we go again.

[pauliewonder] 31/7/2019 07:40

Well it's good to see the £1 next week crew gone. But just because we haven't heard anything doesn't mean that Stifles last target price is unrealistic. I think that would be easily achievable given the right circumstances ie multiple potential bidders

[westmoreland lad] 31/7/2019 00:07

Cheers quidy -- gutted I could not be with you all this evening.

[quidnunc] 30/7/2019 23:56

I post this after the consumption of a considerable amount of alcohol including the legendary Nepalese rum, so, in vino Veritas perhaps but, here are my recollections. The board and company are not under the cosh and may choose to continue business as usual. Other bidders may need to do a strategic review before getting involved.Most investors are betting on an so increase of some sort. The whole review process could take three to six months or longer Meanwhile, the drilling program could confound or confirm things for a buyer Q

[xxnjr] 30/7/2019 23:23

Andrew welcome to the Amerisur Discussion Board. Reckon you are absolutely spot on. The various forms are shown here



Would have thought Form 8(OPD), then Form 8(DD) may be the relevant forms to disclose opening and subsequent positions M&P hold in Amerisur?

I agree with your analysis above that M&P do not seem to be current buyers of Amerisur shares.

[lucyp00p] 30/7/2019 22:24

We missed you matey

[westmoreland lad] 30/7/2019 21:01

-- and then and then, along came 'slow walking talking Jones' with an American bid completely out of the left field. Load up folks - 18p - LOL

[cudmore] 30/7/2019 20:55

Looking at those late buys i’d say someone is expecting good news here 🤫

[pauliewonder] 30/7/2019 20:42

Moneylender - RNS's in relation to M&P:

30/7/19 RNS:
5.69% stake for M&P(via RNS from AXA) relates to disclosure as per 22/07.

23/7/19 & 22/7/19 RNS's:
54.82% stake for M&P(via RNS from FIL) relates to disclosure as per 19/07 and 22/07.

So there are a couple of interesting points from this.

1) M&P paid above the suggested acquisition price (of 17p) for the shares they purchased, in which they paid 18%

2) M&P hold 10.51% of the company at 22/7/19, the last time they disclosed how much they held

3) M&P could hold more than this now, and they could purchase up to 30% in total of the company without needing to make an offer for the company. If they go above 30%, then they would have to make a formal offer

[moneylender] 30/7/2019 19:12

Starting to look like M&P are buying remotely, poss upto
over 10% at the moment!!! AXA and Fil have been buying for
them.

[westmoreland lad] 30/7/2019 18:39

Decent late reported trade -- looks a buy imv..

Jul 30 2019, 16:36 17.88 700,000 Buy £125,160.00

[bryet] 30/7/2019 17:43

Just hope these morons can somehow get us a fair deal then we can all move on from this to bigger and better things. (I hope!)

[treasure] 30/7/2019 17:21

sji, maybe the colguv taking their barrels earlier than last year.

[xxnjr] 30/7/2019 17:20

Maybe it's Gov.Colombia collecting its take which is collected at the well head.
Either that, or the new Plat Sidetrack is producing concrete and that has jammed up the system ;-)

[sji] 30/7/2019 17:11

OBA 29.07.19 - 1,811 bopd, lowest for the month when we are in the process of promoting the sale of the company!

For the last 5 days - 5,032; 3,465; 2,040; 1,961; 1,811 AMER playing "How low can you go?"

I really hope that someone buys us out very soon just to kick management out as soon as possible!

[blackdown2] 30/7/2019 14:18

It might be worth re-posting the value analysis by RBC (I think) of the OBA, or the link to it.

[moneylender] 30/7/2019 13:16

Thanks Q.

For those that dont make the curry evening tonight, it would be good to have a report on all the 'inside' info thats declared, especially now we are officially for sale. I know there are some large holders that sometimes attend and consequently have more info than others!

Share what you can please.

M

[quidnunc] 30/7/2019 12:08

No advice but my tea leaf reading is that the majority expect an increase in share price to occur Given that we're looking at a process that's going to take months rather than days there's clearly opportunities in the offing. Although the oba is a key asset, the emergence of other news from the drilling program might make other bidders stop looking at each other and commit. Q

[juuunx2] 30/7/2019 11:26

Your gonna miss the upside swing if another bud comes in surely now is the time to invest....

[moneylender] 30/7/2019 11:15

Yeah c'mon Q give us your best advice.