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Share Name Share Symbol Market Type Share ISIN Share Description
Amerisur Resources Plc LSE:AMER London Ordinary Share GB0032087826 ORD 0.1P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.0% 19.18 19.18 19.20 - 0.00 01:00:00
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Oil & Gas Producers 84.9 6.6 0.1 201.5 233

Amerisur Resources Share Discussion Threads

Showing 105326 to 105346 of 105625 messages
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DateSubjectAuthorDiscuss
19/12/2019
05:28
from Trump impeachment reactions - not from the small shareholders - "They call us deplorables. They fear our faith. They fear our strength. They fear our unity. They fear our vote, and they fear our president.” “We will never surrender our nation to career establishment D.C. politicians and bureaucrats,” Higgins closed. “Our republic shall survive this threat from within. American patriots shall prevail.” at the end - commenting on BOD psychology (honesty) is as important as tube purchasing order, API, geology .... imho my friend gave me stick for that - as diagnosed attention seeking - when I made comments about it. Buffett got rich by value and hones management investing criteria. BOTH!
kaos3
18/12/2019
22:18
Actually Lucy he's totally none aggressive outside the ring. Lovely guy does jobs as I ask and polite to others around him, including her indoors !!
westmoreland lad
18/12/2019
21:38
Yep, all very sad ! Sold my remaining .5MM today. On an aggressive note I'd like to see our 3 main BODs in the ring with my joiner and handy man Jamie Procter >>>--bare knuckle -----> last week, wait till R4 for the crack. hTTps://m.facebook.com/story.php?story_fbid=1826106590867460&id=1125205867624206&sfnsn=scwspmo&d=n&vh=e
westmoreland lad
18/12/2019
20:12
COS current offer 75% 19 p other (hostile) bidder 3% 25 p offer fail 25 % 14 p I more than halved my holdings in amer based on this calc
kaos3
18/12/2019
20:05
But I have learnt some valuable lessons. Never fall in love with a share, never over commit to one share being the biggest lessons.I'm pleased it's over.
acv74
18/12/2019
19:55
This is the twilight of an almost 15 year association for me. I originally bought Chaco at 6p back in 2005 ish. I never in a million years thought we would be this many years later and only where we are.
acv74
18/12/2019
18:27
Being a glass half full kind of guy I am still holding out hope that this bid falls flat on it's face. When Rex Harbour was busy selling his 10%, the share price halved. Assuming the bid fails, and with any luck, there is a short term collapse in sp, rendering the options worthless haha, Geopark will be back in, as posted earlier, this is a bargain even at 30 pps.It's hard to see how anyone reluctant to collect the 19.2p offered, will hand over shares for a fraction more and if Geo have to mop up 25% or more then we might see the opposite of Rex yet.
lucyp00p
18/12/2019
16:09
Unless of course there is a censure, in which case the BoD lose their limited liability status and can become personally liable to claims from individual shareholders and if censured would be hard pressed to win any civil case.
tyler durden1
18/12/2019
15:00
My understanding is that, the 75% is 75% of people who vote and the court has to believe that the vote is representative of all shareholders (in other words enough people have to vote). In addition to that, votes that are not cast do not go with the directors, they are just not counted. For the 50% vote, I believe your right, but the rules are that any votes not cast would go with the Board. Once the bidder has control of the company I would expect that there are numerous ways that they can rid themselves of remaining investors and I don't think many large investors would be up for that particular fight... I think you'd see a capitulation once a takeover offer is accepted. If PI's want to fight on, on their own, that would be up to them of course.
al101uk
18/12/2019
11:51
price sugggest this deal is going through, like it or not
bandit99
18/12/2019
11:49
al, tyler - thanks
bigwavedave
18/12/2019
11:16
Does anyone here really have a clue about all this? The 75%, the 50% etc etc. If anyone can actually explain the mechanics of it all in simple terms and possible outcomes here I’d be grateful as I must admit I am confused. Would Geo have been allowed to mop up shares from sellers since the bid? And if so, can they use those to vote yes?
shouldhavesold
18/12/2019
10:44
BWD, There's going to be a gap between the bid failing and the takeover bid being announced. I suspect if it's a narrow defeat the take over offer will be the same or very close to the current bid, they only need something over 50% after all.
al101uk
18/12/2019
10:32
bigwave. Thats just the doomporn posters, same as project fear, same as Millennium bug etc. etc. The fact is Geopark want Amerisur, and this cosy little deal involved all parties to it, and I'm surprised GTE didn't go for Amerisur, but then how could they when the cosy deal carried nearly 25% shares with irrevocable undertakings, and where I'm still not sure if the document that suggests options that are not yet exercisable but are included in the deal on the basis that if they are not validated Geopark claws back that amount, still allows non exercised options to be included in an irrevocable undertaking or a vote (its not that clear), let alone where the money from exercising options should go to Amerisur's coffers anyway or the revenues since the FSP started or the cash pile, just like the lease awarded AFTER the FSP started, which provided the information on which bidders made offers, and where none of the documentation I've seen mentions applying for a new lease or including that lease, and where that would have been difficult as it was only agreed by Colombian authorities and announced in RNS after the bid was 'agreed' unless I'm misreading the situation. If this FSP fails to gain 75% I will be very surprised if Geopark walk away, but I do hope that if it does fail the Directors consider they have discharged their little arrangement of giving irrevocable undertakings for shares they own, and even options for shares not yet exercised, unless I'm reading that wrong too. I just do not see how irrevocable undertakings helped gain shareholder value at all in this situation. When you have Geopark valuing Amerisur as it does, and even mentioning it to their shareholders, when you had Amerisur announcing directors had ADDED $367million to the already significant assets of Amerisur, and then have a first derisory bid that materially undervalued Amerisur and where all the revenue since the FSP which cannot have been known seems to be going to Geopark too, along with them seemingly paying for some currently unexercisable options and with the associated comments from Amerisur.... For the first time words fail me
tyler durden1
18/12/2019
10:05
The consensus here seems to be that if the deal is rejected the share price will fall. But if Geopark decides to go ahead with buying a +50% stake, they'll have to pay a premium...surely? Or is that too simple?
bigwavedave
18/12/2019
09:01
Yes had the same standard boilerplate letter. Does at least look like they will examine it, whether they do anything is a different matter. Would have been nice if they had to provide an update as to what the result of their inquiry was - even if was only we have read it and put it in file 13. :0(
mrx001
18/12/2019
08:40
anyone else heard back from the FCA ? If not - its not too late to copy Lucy's excellent letter and send it
bigbas
17/12/2019
21:55
Regarding press- in some not so reputable countries agencies can arrange than one buys silence for a certain time period
kaos3
17/12/2019
19:27
Bigbas, I doubt it’s too late since the FCA has quite sweeping powers to unpick things.
sharesure4
17/12/2019
19:24
Managed to find some wifi. I have responded to remind them that time is of the essence. I think it is probably already too late - but you never know
bigbas
17/12/2019
18:52
Nice work Lucy. Let’s hope they investigate this thoroughly. I’m sure Clark and Wardle do read these boards from time to time.
dayway123
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