||EPS - Basic
||Market Cap (m)
|Oil & Gas Producers
Empyrean Share Discussion Threads
Showing 275001 to 275023 of 275025 messages
|Any attempt to orchestrate the price was obviously going to struggle once you've announced the Open Offer price will be 3.5p. Get the price above 4.5/5p & a chunk of holders will simply sell 20% of their holding & buy back in the OO|
|just put in for mine today.|
|The heavy hitters have between them 46.63 per cent, when the drilling starts late May or early June and the excitement starts to build their will not be a lot of shares available in the market this should fly.|
It was mentioned at the time of the GM that EME planned to orchestrate a price rise via insti briefings etc to make the offer attractive to the market price. This hasn´t materialised so I will skip the placing this time. As a small shareholder with only 1 mil shares I can easily get another 250k shares at 3.5p or less in the future from the market if I wish to do so. I mentioned on here at the time that I didn´t think that 3.5p was particularly generous as I doubt if we will get a decent share price rise prior to drilling news etc. The offer is probably extremely attractive for the larger shareholders who can purchase vast quantities in bulk at a fixed guaranteed price.|
|I have a lot of time for Zengas, I suggest people read his posts|
|what if it doesn't rise, will people still go for them ?|
|I will buy my 1 in 4 if it rises before the deadline.|
|ah go on buy some.|
|Can't remember last time we had no trades.|
|Never let the size of a directors holding, exec or non exec confuse you about the potential for wealth creation. One of the greatest flaws I've seen investors make. Either they're unhappy about directors getting too much too cheaply or not holding enough. There is enough potential from these assets if reasonably successful to make all a significant return.
These are the Director shareholdings and options at Cove Energy which were 9p in mid 2009 and sold for 240p (£1.2b) in mid 2012.
Total 491.2m shares in issue at the end of Dec 2011 and a few days prior to sale process announcement. No one had major percentage shareholdings.
Michael Blaha Exec Chairman = 450,000 shares = 0.1% (+ options of 6.5m @ 20p, 700k @ 94p, 500k @ 79p).
John Craven CEO = 2,797,559 shares = 0.55% (+ options of 6.5m @ 20p, 700k @ 94p, 500k @ 79p).
Micheal Nolan Finance Director = 1,360,000 shares = 0.27% (+ options of 1.85m @ 20p, 514.7k @ 94p, 367.6k @ 79p).
Non Execs -
Frank Moxon 57,100 shares.
Stephen Staley 9,500 shares.
Anthony Golding 10,000 shares. (AG bought 5k on 7/10/11 taking his holding to the 10,000 share total).
5 January 2012 - Company Formal Sale Process
22 February 2012 PROPOSED CASH OFFER by Shell Exploration and Production 195p.
Higher offer by PTTEP for 240p accepted and then sold.
Extremely low percentage shareholdings all round and some never bought anything further despite the ongoing success and growth.
The Chairman made about £17m pre tax while the CEO made about £22m pre tax.
If Bisht or TK make £30m-£50m good luck to them, it's a big incentive as it was for the Imperial Energy founder that got £90m from his sale of the company he founded at under £1m when sold for £1.4b (None of the others in the company held significant percentage holdings).
"Peter Levine was £90 million richer today after talks to sell his Imperial Energy business to India ended in success. Levine founded the business four years ago, building it into an FTSE 250 company with a string of oil exploration and production interests."
|Morning,Nice to see the Chairman owning so many eme shares !!!Yet again he fails to inspire potential investors, why is he still here and what has he done or does he do for eme.|
|My Stewart and the old Stewart has 3258 after his monacle,and lives in Keswick,
a good member of this old share,and a friend of many..good evening Stewart3258 if you are looking in mate..|
From the announcements : 309,833,853 before the open offer, 387,292,316 after. Then there is the potential 15m for TK options at 2.1p in July. I would be amazed if he doesn't take those up.
400m total,for ease of calculations. At 3.5p gives a market cap of £14m. Not very demanding given the potential of the plays we're involved in.
|Perhaps someone could check my estimates of number of shares issued following open offer, was in about 80M for that, 70M for agent or introducer in China, current shares in issue circa 220M, was there some more issued perhaps optionsAlso 5 times current market cap is that a fair assumption took that from an earlier post but I assume based on the gas recoverable Be good to have it checked and commented on, also any views on what China would add guess that would be big, but of course all potentialIMHODYOR|
|I have my HL letters now. The Record Date is 21 April.|
|Thank you Stewart for your thoughtful answer which confirms my view....|
|so you are not the same Stewart. lol|
|Tarz,Will give you a clue. Been to 3 Agm's and a great mate of a horse owner and trainerLol|
|Are you the old Stewart or a new one?|
|Zebbo,I thought that also, take existing market cap x 5 say £42M divided by new shares, only on phone so say 360M share price so share price 11.6p3.5p looks attractive doesn't it infact all the way to 11pIMHO just my view|
|If we can get that bid to 4.5p then I suspect the majority would take up the open offer.I see the offer is also available on spreadbet, well to those who held last Friday|
|Newtonaj, assume you are joking. If not should you be investing at all?|
|So if we get 5 x market cap as you suggest...what does that potentially mean to share price please?|