Cindrigo Share Discussion Threads

[zxie] 30/12/2020 11:45

Despite the progress made, the Canadian restructuring process has taken more time than initially anticipated and as a result, the Company has agreed with Cindrigo that the Longstop Date for the Offer shall be further extended from 31 December 2020 to 26 February 2021. The extension of the Longstop Date, at which time the Offer lapses if any of the Conditions have not been satisfied by such date, will allow longer to satisfy the remaining Conditions, including the completion of the PoA. In line with this, the Board of Challenger is working to satisfy the outstanding Conditions and to complete the Offer before the further extended Longstop Date.

[mustafa15a] 30/12/2020 11:04

How old are you?

[charlie88888] 29/12/2020 19:27

U thick pooooo. Im at syme come down

[mustafa15a] 29/12/2020 11:26

Is it tomorrow or Thursday that is going to be our decider?

[zxie] 29/10/2020 16:01

News in more time

[zxie] 29/10/2020 16:01

Challenger Acquisitions Limited (LSE: CHAL) announces that it has agreed with Cindrigo Limited ('Cindrigo') that the Longstop Date for the satisfaction of the conditions to the offer (the 'Conditions') (the 'Offer') made by Challenger to certain shareholders of Cindrigo Energy Limited to purchase the issued share capital and to be issued shares in Cindrigo Limited, that such shareholders will acquire pursuant to a plan of arrangement ('PoA') being pursued by Cindrigo Energy Limited in British Columbia, Canada, shall be extended from 30 October 2020 to 31 December 2020.

[zxie] 28/10/2020 22:24

2019 Cindrigo is trying a $10 billion listing in Canada and USA how about the valuation?

[zxie] 28/10/2020 22:10

Chal 415000000 shares consolidation will increase by a factor of 266.7609 but the aggregate nominal value will remain the same. Now Chal 1554307 shares Market cap£0.54M. Sorry I only do preliminary statistics

[zxie] 28/10/2020 21:54

Growing companies calculate differently. I hope Chal listing is successful. Cheers

[zxie] 28/10/2020 21:45

£490,613,945.92 That's the current valuation £34 per share Cindrigo 146,572,394 + chal 1554307=14826701 value 5 billion pounds

[two_hearts] 28/10/2020 20:15

* Danir AB

[two_hearts] 28/10/2020 20:13

Daniel AB payed $6 per share for a 33% ownership in Cindrigo, back in July 2019.https://www.newsfilecorp.com/release/46545/Danir-AB-Makes-Further-Investments-in-Cindrigo

[zxie] 27/10/2020 22:44

To allow the above-mentioned Relevant Securities to be issued by the Company, the Board is proposing Resolutions 7 to 9 as ordinary resolutions and Resolution 10 as a special resolution, the combined effect of which would allow the Board to allot Relevant Securities up to an aggregate nominal amount not exceeding £490,613,945.92 and free of pre-emption rights.If Resolution 11 is not passed, the number of shares to be issued pursuant to the authorities in Resolutions 7 to 10 will increase by a factor of 266.7609 but the aggregate nominal value will remain the same.

[zxie] 27/10/2020 21:53

Cindrigo is valued at nearly $200m based on a bid of £1.09 a share. It is unclear what the future listing will be worth,

[zxie] 05/10/2020 20:49

consolidation factor of 266 existing shares to 1 strong trading soon

[zxie] 01/10/2020 18:31

Next week will be interesting

[zxie] 28/9/2020 18:14

Lars Guldstrand, Challenger's Chairman, said, "We are very pleased that over99% of votes cast by the Challenger shareholders were in favour of theordinary resolutions and the special resolutions regarding the Cindrigotransaction.

[zxie] 28/9/2020 10:30

Before 13 October all done reopen

[zxie] 28/9/2020 10:28

News today

[zxie] 17/9/2020 11:04

Share Consolidation Record Date 28 setptember CREST accounts credited with New Ordinary Shares 29 setptember New share certificates despatched on or before September 13 October