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Share Name | Share Symbol | Market | Stock Type |
---|---|---|---|
Dragon Oil | DGO | London | Ordinary Share |
Open Price | Low Price | High Price | Close Price | Previous Close |
---|---|---|---|---|
798.50 | 798.50 |
Top Posts |
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Posted at 03/6/2019 15:29 by dcarn DGO buying BP assets in Egypt.Hope thats BP building a kitty to bid for HUR. |
Posted at 21/12/2015 10:28 by will 15 Hi everyone. been working abroad for awhile and on arriving home have found DGO are no longer trading. Can anyone enlighten me of how to dispose of my shares without CAPITA. Do not see why any of these parasitical companies should benefit from our investments. |
Posted at 15/10/2015 15:19 by hopeful holder Although I told myself not to invest in oil companies again..... i have looked at HUR. This was put up here by one of the posters who I have respect for.After looking at the risk reward I have plumped in for a 3rd lot. It is an interesting oil play in that they have found commercial oil. They are looking at how to bring it to market via some funding. If this happens then I expect a decent return or hold longer as in dgo. It's a pump perhaps, but dgo was presented to me to look at and I did well from it overall. Dyor. |
Posted at 26/8/2015 18:52 by hopeful holder As a ps. The roller coaster ride with DGO over the years has been testing and I intend to learn from many many lessons over the years since my first investment in DGO in 1997. |
Posted at 07/8/2015 12:16 by johnmcd51 Surely if the offer is £8.00p per share that's what you get, I can't see how they would reduce this IF there was a dividend, which I doubt there will be now! If there is going to be a dividend surely that would be extra as I've seen nothing to indicate a reduction in the offer price if a dividend were paid. |
Posted at 03/8/2015 15:41 by eddiew The dividend payment in theory had nothing to do with Enoc. The DGO board make a decision on a divi payment which is based on company profitability etc. Since the interims are due any day now the board would have announced a divi payment. If they dont pay you have to ask why because ENOC have no say in the matter. Im not daft and can well understand Enoc saying dont pay it but I would assume that would be illegal. |
Posted at 02/8/2015 17:41 by richardbroughton A dividend isn't an automatic payment, it has to be declared by the BoD each period, usually 6 months, sometimes 3 months. As far as I know DGO have not declared an interim dividend so there won't be one. |
Posted at 17/7/2015 16:38 by zitfree Just had a call from ENOC,I told them ,the offer fails to acknowledge the $2 billion cash that belongs to the shareholders,if this was to be paid out as a special dividend ,on top of the £7.50 offer,then I might consider selling.Enoc ,mentioned the DGO dividend was to be stopped,but as a long term holder ,I had not recieved any dividends for 15 years ,so that put a stop to that ploy. If BP,OR SHELL ,or CNOC,were to put a bid in to DGO for £10 ,per share I am sure the board would declare ,that offer seriously undervalues the company. Any one think different As a buyer the glass is 1/2 empty ,as a seller the glass is 1/2 full,we all can spin a story to reflect a justifiable point. Would you sell a £10 note ,for £7.50p,because someone told you ,that is all its worth. They are not making oil any more.appparently it takes millions of years,The oil is recovered at low cost and risk,in the Caspian sea Think Gulf of Mexico.think its easy . Ask BP |
Posted at 17/7/2015 07:20 by blakieboy7 Goodbody broker comments yesterday Dragon Oil ENOC gloves are offIn a statement this morning, ENOC announced that whether or not Dragon Oil is delisted, itno longer sees the need to maintain a dividend. In essence, we view the comment as a thinlyveiled threat to those shareholders who have argued that the ENOC offer for Dragon Oil at750p per share considerably undervalues the company.The statement also includes commentary regarding the challenges of maintaining a 100 kbopd production profile, in a bid to counter the views of those that suggest that production could potentially expand significantly ahead of infrastructural improvements being made by Dragon Oil to facilitate a considerably higher production profile.With nearly 14% of the share register (or approximately 30% of the share register ex ENOC)potentially against the offer as it currently stands, one can only speculate that this announcement is a sign of ENOC's hardened stance. While ENOC may be unconcerned given that 23% of the share register is required to block the deal as it stands and halt ENOC'splans to delist the company, any further shareholder dissent could possibly entail a closeroutcome into the first closing date on July 30th.From an ENOC perspective, an olive branch to any impending impasse could be forDragon Oil to declare an interim dividend, which ENOC would, contrary to itsstatement this morning, agree to pay. This might offer a solution in terms of ahigher headline offer price, while ENOC would only have to write less than half thecheque given it will receive 54% of the said dividend. Last year, Dragon Oil paid aninterim dividend of 20c (USD). |
Posted at 12/5/2015 08:50 by kalkulacka Anyone with sippdeal/youinvest ? I am still waiting for my DGO dividends. |
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