[ADVERT]
Share Name Share Symbol Market Type Share ISIN Share Description
Angus Energy Plc LSE:ANGS London Ordinary Share GB00BYWKC989 ORD GBP0.002
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.048 5.99% 0.85 0.80 0.90 0.85 0.725 0.83 10,918,652 15:53:24
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Oil & Gas Producers 0.1 -2.5 -0.4 - 8

Angus Energy Share Discussion Threads

Showing 12526 to 12548 of 14725 messages
Chat Pages: Latest  505  504  503  502  501  500  499  498  497  496  495  494  Older
DateSubjectAuthorDiscuss
20/10/2021
14:35
rns out ... another slap in the grey old window licker mutton chops ....
sincero1
20/10/2021
14:33
JT's got Stockholm syndrome again.
1347
20/10/2021
14:28
uclot - the fact that i use it in relation to old and grey tells you it has nothing to do with children at all. the fact that ,in a desperate attempt to have a go , you choose to suggest i mean children only humiliates you further. you are a pathetic , insignificant individual .... educate yourself , you are embarrassing .... i will await your apology ....
sincero1
20/10/2021
14:20
Still showing your age and intellectual deficit (IN)Sincerio by your use of that derogatory term for disabled children on school buses: "window lickers". Not cool... not cool at all! CQ :-(
clottedq
20/10/2021
13:55
by my reckoning that makes uclot .. the pet dog....or is that pet hamster ... would explain the recent insane inane rambling posts ...
sincero1
20/10/2021
13:54
hmmm interesting , 13reallneedsahobby47, correcting and slapping down ja51contractvoidoiler" who responds very subserviently like a good boy ...... a chain of command is becoming very clear here...
sincero1
20/10/2021
13:52
uclot " It's getting far more peaceful with intelligent debate & a smattering of humour here again now..." if by that you actually mean " its full of negative supposition here posted by disingenuous and mendacious old grey window lickers " you are spot on uclot...
sincero1
20/10/2021
13:50
OK...Get it, my mistake. I thought they could get a double bubble. Why would Knowe give them permission and lose money HITS? They were in a very shaky position when they were forced to do it and even worse when they placed @ 0.6p. So we should expect a placing before Feb 20th anyway though? If so at what price when 155,555,556 new Knowe shares and the other £1.5 Million placing that came with warrants starting @ 1.2 p could appear? "Surely the BOD has a responsibility to shareholders to make sure that couldn't happen?" .............It was a bit tongue in cheek 1347!!
ja51oiler
20/10/2021
13:30
JA - They only get the warrants if paid off in cash, they won't get conversion shares and warrants as I understand it. Assuming they convert at 0.90 (as there was a placing at that price) then that equates to 155,555,556 shares by my calculations, which, with the current situation, would represent 16.09% dilution to the rest of the shareholders. As it stands that would take them to 22.35%, below the 30% threshold. "Surely the BOD has a responsibility to shareholders to make sure that couldn't happen?" Ha, ha - you're kidding me aren't you, since when has this BoD displayed any responsibility to shareholders? How long have you been around?
1347
20/10/2021
13:28
JA51, a couple of things. If Knowe are not paid back by Feb 20th, they only get £1.4 million of shares at 0.9p if that Sep 2020 placing occurred "without the prior written approval of the Noteholder". Otherwise they get £1.4 million of shares at 1.0p. To my knowledge, ANGS hasn't stated whether Knowe approved September last year's placing or not. Also to my knowledge, Knowe only gets warrants if it is paid off in cash early (i.e. before Feb 20th next year). So to me it looks like Knowe gets either cash and warrants, or shares - but not both. Unless it's already holding some other warrants that I've forgotten about.
headinthesand
20/10/2021
13:19
It's getting far more peaceful with intelligent debate & a smattering of humour here again now... I assume Sir Spamalot is running short of ban-free multiple ID's? Maybe he's imploded or been sectioned - I do hope so, for his own sanity! CQ ;-)
clottedq
20/10/2021
13:15
So am I right in thinking that if they don't pay Knowe back in/by February they at present will get £1.4 million worth of shares at 0.9p from the Placing made at that level? Then they could exercise the warrants at 0.9P plus 30% at the same amount of shares as they converted at? That would take them well over the takeover threshold, wouldn't it? Surely the BOD has a responsibility to shareholders to make sure that couldn't happen? If so the only option is a placing to pay the CLN as I understand it as the charges on the company restricts any further borrowing.
ja51oiler
20/10/2021
12:27
Re the Knowe CLN, I think it unlikely that ANGS will look to pay off part or all of the loan early. They have 4 months left to make up their minds on this. The only realistic way that ANGS could do this is by raising via a placing to buy Knowe out of the game - and even then, would ANGS want all those warrants that contractually come as part of an early pay-off hanging around? No, I reckon it's much more likely that Knowe will be the proud (or otherwise) recipients of 14 billion new ANGS shares, come April 20th 2022. But even that wouldn't take them into territory where they'd be required to make a bid. Nevertheless, Knowe will presumably be looking to recoup its £1.4 million lent as fast as possible, so that's very liable to put a hard ceiling on the possible ANGS share price in Q2 next year as they do so. What will be interesting is if the ANGS share price is not significantly above 1p, come the end of April next year - because that then causes Knowe an issue in terms of being able to get its money back. If this is the case, then they'll have effectively lobsterpotted themselves, poor dears. It's going to be an educational next six months, what with everything going on, that's for sure.
headinthesand
20/10/2021
12:27
appears jtisdaly is very subservient to 13reallyneedsahobby47 .... hmmmmm interesting ...
sincero1
20/10/2021
12:22
JT Ah got the specs fixed finally then? Can't see how they'll have the cash unless they place to pay Knowe off. Business Development director? That is so obviously a rhetorical question that I'll pass. More importantly what exactly is he developing, something on Mars maybe?
1347
20/10/2021
12:09
What’s happened to Cudswallop on the other site? Another id imminent?
jtidsbadly
20/10/2021
12:09
jtisadly " doesn’t it?" clearly looking for support for his supposition .... posters beware ....don't get implicated....especially those with below average intelligence....... heads up uclot ...ja51oiler ..
sincero1
20/10/2021
12:06
now even 13reallyneedsahobby47 appears irritated that jtisadly is just making stuff up to suit his negative agenda ..... giving him a real telling off .... putting him straight ... clearly distancing himself from jtisadly.... doesn't want to get implicated ...
sincero1
20/10/2021
12:02
1347: yes, sorry, you’re right, it does say at “the Company’s option”, ie Anguish’s. Nevertheless, it seems likely that the loan will need to be repaid in cash, not converted to shares, doesn’t it? They’d need to be getting those potatoes lifted about now, I should think. A useful cash crop. Another ball dropped by the Business Development man. Remind me, who is that?
jtidsbadly
20/10/2021
11:51
JT No it says 'at the Company's option', the company being Anguish Energy. What are you looking at? No warrants are not counted as ordinary shares and are not tradeable unless listed warrants. They will still be valid in a takeover, unless negotatied away I'd say. They may be exercised as and when required, although this rarely happens if they are out of the money. Anyway I'm not a corporate financing expert, maybe you should ask Lucan? Yes good weather for potatoes, no so good for gas pipeline work.
1347
20/10/2021
11:31
1347: what’s the status of unexercised out of the money share warrants in a takeover? Are they counted as ordinary shares? The sentence you quote in your first paragraph says that the loan may be repaid in cash at the borrower’s option. I think Knowe itself can opt for cash settlement. Who knows whether the Lenders will allow their money to be used in this way? So whatever happens, it looks like a large equity issue in five or six months time, if not before. It’s raining now. It may be freezing in a month or so. Do you remember the Interim MD saying 16 months ago how upset he’d be to be laying pipe in the autumn weather in Lincolnshire. He was proved right(!), in the event. I wonder how he feels about doing groundworks and a sidetrack.
jtidsbadly
20/10/2021
11:26
well end up having more than 30% of the equity -- Who would take the 30%?
3put
20/10/2021
11:22
supposition supposition everywhere but not a drop of truth in sight ....
sincero1
Chat Pages: Latest  505  504  503  502  501  500  499  498  497  496  495  494  Older
ADVFN Advertorial
Your Recent History
LSE
ANGS
Angus Ener..
Register now to watch these stocks streaming on the ADVFN Monitor.

Monitor lets you view up to 110 of your favourite stocks at once and is completely free to use.

By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions

P: V: D:20211201 18:02:55