Frontera Share Discussion Threads

[joe king1] 17/9/2018 16:37

Fudder, you need to be rational, the shock has got to you.

We know you are rattled and scared. It's only money.

[thefozzer] 17/9/2018 16:33

Has your broker been on the phone to you Joe asking you to close?

[thefozzer] 17/9/2018 16:32

Any thoughts on the settlement date for forward sold shares WShak?

[joe king1] 17/9/2018 16:32

Frontera are having some problems with Yorkville it seems over method of payment. As I thought I saw it FRR had the option of paying monthly by cash in order not to issue more shares into the market, at least that's what I wrote back then. It seems that unsurprisingly they were shocked to get a conversion notice in respect of 82m shares for August and 94m shares for September payment. In addition there is now a default notice been issued and total closing payment is expected.

The situation seems to revolve around whether FRR are entitled to pay with cash or whether Yorkville can demand shares, at present it looks to be one for the lawyers although I would have thought that it was pretty much in black and white. This does highlight the problem that has been rife in the sector for some years that borrowing money from operations that take shares in return leaves companies wide open to crippling dilution and should be avoided at all costs.

[wshak] 17/9/2018 16:30

thefozzer,

LOL! They won't lose this one either, as their legal advice will doubtless tell them to stop being so bloody daft and cough up whatever YA are asking of them. There won't be a legal case!

As it is, they are in default, there's no money to pay YA off, and shareholders are holding worthless shares.

[joe king1] 17/9/2018 16:28

Whoahahahhah look at those SELLS Yikes.

[joe king1] 17/9/2018 16:27

I keep my promises too, Fudders photo and address details will be proudly posted on this thread.



Looking forward to it :-)

[joe king1] 17/9/2018 16:26

Massive sells on L2 desperate to get out. It's a bloodbath.

[thefozzer] 17/9/2018 16:25

WShak. I've never know FRR to lose a legal case. They are very clever on a corporate level.

Interesting times. :-)

Water aid wasn't it, well whatever you may think of me I keep my promises.

News soon...

[joe king1] 17/9/2018 16:25

6 mins left to sell out before it's too late.

Game almost over.

[joe king1] 17/9/2018 16:22

BREAKING NEWS

It's being mooted around trading rooms that FRR will issue a Suspension, pending Administration, RNS very soon.


SELL now and get out before it too late.

[joe king1] 17/9/2018 16:13

FRR share price falls everytime Fudder comes out with his constant pish.


SELL

[wshak] 17/9/2018 16:09

If executing a short squeeze, it is normally helpful to have good news to force people to buy the shares in fear of their lives.

Confirming everything that the bears have been shouting about via RNS doesn't normally end with bears being desperate to close ...

[joe king1] 17/9/2018 16:09

And down it goes now gap has been filled.


SELL

[thefozzer] 17/9/2018 16:08

I'm wonderful Loggy.

Buzzing about the 2 majors.

It's happening.

[joe king1] 17/9/2018 16:07

People in Manchester are brain dead, that's why they buy FRR shares.

[wshak] 17/9/2018 16:07

You are sounding a bit manical, thefozzer.

The focus is now on a short squeeze? Is that now the rationale for buying this dog?

[loglorry1] 17/9/2018 16:04

I have an account with spreadex but no shorts there. I called them and they didn't know anything about a borrow recall here.

@Fozzy you are sounding desparate. Are you OK?