Exillon Energy Share Discussion Threads

[bulltradept] 21/3/2014 14:38

Not sure abcd, but there have been an awful lot of AT sells, it's hit resistance at £1.25 currently, so will be interesting to see where this ends up.

Do the Russians ultimately want it de-listed out of London?

[loglorry1] 21/3/2014 14:31

They can bid what they like if they wait a few more months.

[abcd1234] 21/3/2014 14:29

so whats the upshot of this board shakeout/departures...
tia.

[munkychunky] 21/3/2014 14:19

davidwilkin - no he can't do that. Research and you can read why.

[abcd1234] 21/3/2014 13:33

hmmmm ... this is curious

[davidwilkin] 21/3/2014 13:31

Why not ?, The major shareholder could now table a bid at £1.80p share and bring his average down massively from £3.77.

[munkychunky] 21/3/2014 13:27

I've not been in this one for a while now - but I have to say - totally sucks how things turned out there.... A really good producing company. GLA longs.

[bulltradept] 21/3/2014 13:26

Davidwilkin, how is this going to get a bid with most of the shares are in few hands, paid at much higher prices?

[bulltradept] 21/3/2014 13:23

"bulltradept 18 Mar'14 - 07:09 - 4711 of 4727 0 0 edit

Is there something a foot?

Seeking a listing in Moscow? Are they going to de-list in London in the future?"


See, I'm a clairvoyant.

[davidwilkin] 21/3/2014 13:20

Its what a lot of us were calling for when Woldview made the previous challenge to the boards Integrity.

One may see it as good news ? - Certainly the companys assets are worth far more
than £1.50 share.

This could get bid for quite quickly now ?

[prefab] 21/3/2014 13:14

The board have resigned wmunsi20

[johncraven] 21/3/2014 13:12

Read the rns something fishy going on here

[wmunsi20] 21/3/2014 13:11

What's going on? I am traveling and haven't seen anything.

[acta_topup] 21/3/2014 13:03

Isn't this behaviour a kind of fraud? It's amazing that these Russian companies can still get listings on the LSE. Russian money seems almost always to be tainted with crime and corruption - yet we turn a blind eye! I suppose money is money LOL

[randolph and mortimer] 21/3/2014 12:58

No point in being listed now.

[bulltradept] 19/3/2014 11:06

A modest probability?

[nigelpm] 18/3/2014 16:36

I'm sure if it wasn't for the fact that two owners of the stock can work in concert and control the stock and the fact it is Russian it would be far far higher. But then again you pays your money!

Absolutely, the market is assigning a fairly modest probability of shareholders being defrauded.

[loglorry1] 18/3/2014 13:54

The results look great for a £250m market cap company with no debt. 520m bbls 2P of oil with reasonable but not massive netbacks and likely further reserve additions.

I'm sure if it wasn't for the fact that two owners of the stock can work in concert and control the stock and the fact it is Russian it would be far far higher. But then again you pays your money!

Log

[loglorry1] 18/3/2014 13:41

Ps. they are not cash rich but they have just about paid off their $100m loan. Not sure that's quite cash rich yet though!

Log

[loglorry1] 18/3/2014 13:41

Surely point of Russian listing is to try to stop any asset freezes that might occur if European Union gets more of a hump with the Russians over Ukraine. Sounds far fetched but yesterday we saw just that for 21 Russian and Ukrainian businessmen. I suppose if tradable on Russian exchange then they could always realise value there even if assets were frozen in EU.

Log

[sailing john] 18/3/2014 07:44

I doubt it

Very positive results though

SJ