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Share Name Share Symbol Market Type Share ISIN Share Description
Edenville Energy Plc LSE:EDL London Ordinary Share GB00BN47NP32 ORD 1P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.0% 28.50 28.00 29.00 28.50 28.50 28.50 638 08:00:25
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Mining 0.3 -1.8 -0.1 - 6

Edenville Energy Share Discussion Threads

Showing 13351 to 13373 of 13525 messages
Chat Pages: 541  540  539  538  537  536  535  534  533  532  531  530  Older
DateSubjectAuthorDiscuss
07/1/2021
12:56
Here we go, after the con-solidation there is room to slide down now.
roks
07/1/2021
12:24
Whatever the stock price,investors should note that after the Lind payment,the company has a NAV of approx 60p per share. It certainly is time to buy.The trades selling are not very large.
sky24
07/1/2021
12:21
Maybe I was wrong, again.
scoots
07/1/2021
12:09
Time to buy
zxie
06/1/2021
19:35
Hopefully, the day to day movements won't be so dramatic now, which tended to frighten off a few people.
scoots
06/1/2021
07:18
1,000:1 consolidation today. No new RNS out regarding Lind so assume discussions ongoing.
garykc
05/1/2021
11:08
RNS OUT https://www.investegate.co.uk/edenville-energy-plc--edl-/rns/result-of-agm/202101051100065970K/ Edenville Energy Plc (AIM: EDL), the AIM quoted company operating the Rukwa Coal Project in southwest Tanzania announces that at its Annual General Meeting ("AGM") held today all resolutions were passed. The votes were cast as follows: Application has been made for the admission of 8,145,575 New Ordinary Shares to trading on AIM. It is expected that Admission will take place and that trading in the New Ordinary Shares will commence, at 8.00 a.m. on 6 January 2020. No application will be made for admission of the New Deferred Shares to trading on AIM nor will any such application by made to any other exchange. Following Admission, there will be a total of 8,145,575 New Ordinary Shares in issue. The Company does not hold any shares in treasury. Consequently, 8,145,575 is the figure which may be used by Shareholders as the denominator for the calculation by which they will determine if they are required to notify their interest in, or a change to their interest in, the Company under the FCA's Disclosure Guidance and Transparency Rules.
therealtonythetiger
04/1/2021
20:42
Will be good to see us top of the gainers board though, ha ha
garykc
01/1/2021
03:43
The company will just be worth the same,and so will your shares,and EDL will be more interesting to II's with less shares in issue. If the share price falls after admission I will average down.
sky24
31/12/2020
16:59
I see were getting ready to be rinsed, "The Board considers the Capital Reorganisation to be in the best interests of the Company and its Shareholders" sound more to me like 'sp has reached the bottom and cant go down any further so we are consolidating to make room so the dive can continue' WFDIK. So my 4m will now be 4k
roks
26/12/2020
13:25
And all the best to you mate.
therealtonythetiger
26/12/2020
12:00
Well spotted TRTTT, and I wish you a prosperous 2021.
scoots
26/12/2020
10:04
Stolen from LSE Some light reading.. https://www.bloomberg.com/amp/news/articles/2020-12-22/china-s-struggling-to-keep-the-lights-on-amid-high-flying-demand?__twitter_impression=true "authorities are urging coal miners to produce more" "This is all happening as coal, the fuel of choice for a majority of China’s power generation, remains in short supply"
therealtonythetiger
24/12/2020
03:46
It could be that Lind will accept shares instead of cash,as long as they are not fractions of a penny. Maybe that has prompted EDL to consolidate.I see the price of coal has been upwards since the summer.It would have been useful if we had an update on how much they are mining.
sky24
23/12/2020
12:01
Positive news coming hopefully!!!
garykc
15/12/2020
21:25
GL with your investment
therealtonythetiger
15/12/2020
14:08
I made the four trades on friday that seem to interest them over on LSE. This is the reason I bought - In the interim accounts to June 30th 2020 it states the net assets are worth £6,541,900.The share price represents less than 50% of this,and this number is more than it was at the end of 2019 when EDL had more debt. The cash owed to LIND is only $580,000,and a lot less than the original amount.This debt is approx 7.2% of the total assets of the company,and I don't reckon it's of great concern.I think the reason for the consolidation is to attract more investors,and stock that is a fraction of a penny is never very attractive to II's. They may be a fund raise after the consolidation,but does not worry me very much. They stated that they are selling coal - EDL may be in better shape than we think,although the cost of sales were quite high in the results. When the consolidated shares start trading they would be at 68p if they were to represent the full value of the company - market cap £5.5 mln.
sky24
11/12/2020
17:26
Decent punt I would have thought for Monday.
garykc
11/12/2020
17:17
denville Energy PLC Proposed Share Capital Reorganisation & AGM Notice RNS Number : 4457I Edenville Energy PLC 11 December 2020 11 December 2020 EDENVILLE ENERGY PLC ("Edenville" or the "Company") Notice of Annual General Meeting Proposed Share Capital Reorganisation & Correction of Total Voting Rights Edenville Energy Plc (AIM: EDL), the AIM quoted company operating the Rukwa Coal Project in southwest Tanzania announces that its Annual General Meeting ("AGM") will be held 10.00 a.m. on 5 January 2021. The Notice of AGM is being published today and will shortly be available on the Company's website at hxxps://edenville-energy.com/aim-rule-26/ . As a result of the ongoing Covid-19 pandemic, Edenville's shareholders ("Shareholders") should note they are not entitled to attend the AGM in person unless notified otherwise by the Company prior to the AGM. The Company's Articles of Association allow Edenville to use electronic communications for sending out notices of general meetings, as such the Company will not be providing a paper copy of the Notice of AGM or Form of Proxy on this occasion. Shareholders are now able to vote online by logging on to www.signalshares.com . On the home page, search 'Edenville Energy PLC' and then log in or register, using your Investor Code which can be found on your share certificate. To vote, click on the 'Vote Online Now' button. Proposed Share Capital Reorganisation & Correction of Total Voting Rights The Notice of AGM will include certain resolutions relating to a proposed share capital reorganisation ("Capital Reorganisation") of the 8,145,575,092 existing ordinary shares of £0.0002 each that the Company has in issue ("Existing Ordinary Shares"). Shareholders should note that the ordinary issued share capital of the Company was previously incorrectly stated by the Company as 8,145,575,095 Existing Ordinary Shares in its announcement of 10 August 2020, rather than the correct figure of 8,145,575,092 Existing Ordinary Shares. The effect of the proposed Capital Reorganisation will be to reduce the number of issued ordinary shares of £0.0002 each in the Company by a multiple of 1,000 (the "Consolidation"), which is expected to increase the trading price of the resulting ordinary shares proportionally. As such, following the Consolidation and the subsequent sub-division of each consolidated ordinary share of £0.20 each in the capital of the Company, into 1 ordinary share of £0.01 each in the capital of the Company and 19,000 new deferred shares of £0.00001 each in the capital of the Company (the "New Deferred Shares"), the Company expects 8,145,575 ordinary shares of £0.01 each (the "New Ordinary Shares") to be readmitted to trading on AIM. The New Ordinary Shares will have the same rights and be subject to the same restrictions (save as to nominal value) as the Existing Ordinary Shares as set out in the Company's articles of association for the time being. The New Deferred Shares are non-voting, have no economic rights and may be bought back by the Company at any time for nil consideration. As it is proposed that all Existing Ordinary Shares held in the Company be consolidated, the proportion of the issued ordinary share capital of the Company held by each Shareholder immediately before and after the Capital Reorganisation will remain relatively unchanged, other than for changes that may arise from the rounding for fractional entitlements. In the event that a Shareholder's holding of Existing Ordinary Shares is not exactly divisible by the consolidation ratio, such Shareholder will be left with a fractional entitlement to a resulting new consolidated ordinary share. Any such fractions as a result of the consolidation will be aggregated and, following the sub-division, the directors will, in accordance with the Company's articles of association, sell the aggregated shares in the market for the benefit of the relevant Shareholders. The proceeds from the sale of the fractional entitlements will be distributed pro rata amongst the relevant Shareholders save that where a Shareholder is entitled to an amount which is less than £3 it will not be distributed to such Shareholder but will be retained by the Company. Reasons for the Capital Reorganisation and update re Funding Agreement with Lind Partners LLC The Board considers the Capital Reorganisation to be in the best interests of the Company and its Shareholders as it believes that the Capital Reorganisation should improve the market liquidity of and trading activity in the Company's shares. The Directors believe that the existing share capital structure is no longer appropriate, as the high number of shares in issue combined with the relatively low price per share is thought to result in excess volatility and reduced liquidity in the Company's shares. By proceeding with the Capital Reorganisation, the Directors anticipate that the Capital Reorganisation should improve the liquidity and the marketability of the Company's shares with institutional investors in the UK and overseas. Secondly, plans for a proposed share consolidation were originally set out in the Company's announcement of 29 April 2019 following Edenville and Lind Partners LLC ("Lind") entering into an agreement to vary certain terms of the Company's outstanding funding agreement with Lind, that was first announced on 6 November 2018 and further detailed in the Company's announcements of 29 April 2019, 23 January 2020, 7 April 2020, 6 October 2020 and 27 November 2020 (the "Funding Agreement"). These plans were later deferred, as detailed in the Company's announcement of 6 September 2019. The Company's Directors are currently in constructive discussions with Lind regarding the repayment terms of the Funding Agreement. Following the recent discussions, Edenville's Directors have agreed to revisit plans for a share consolidation, hence why Shareholders are being asked to approve the Capital Reorganisation at the AGM. The Directors remain confident that mutually agreeable terms can be agreed with Lind regarding the Funding Agreement, however, at this current time it is premature to reach any conclusions.
therealtonythetiger
08/12/2020
15:25
Stolen from Aerial on LSE “Tanzania Electricity Corporation (TANESCO) has entered into an agreement to purchase electricity from small producers of six private companies, which will enter directly into the national grid and be used in various parts of the country” Tweet ends?.. https://twitter.com/tanescoyetu/status/1336295584148414466?s=19
therealtonythetiger
03/12/2020
11:44
Happen again
zxie
27/11/2020
18:10
Certainly a shocker. Thought we would see a red one. Kicking myself slightly but ploughed the leftovers into deltic which did well too. I will be back if the news gets positive. GLA
knighty0001
27/11/2020
17:12
The news wasnt bad either just a bit of not much happening. Problem is they used the word uncertainty which will always spook the market. Lets see what December brings
therealtonythetiger
Chat Pages: 541  540  539  538  537  536  535  534  533  532  531  530  Older
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