Gran Tierra Energy Share Discussion Threads

[double6] 10/3/2011 12:47

SW - take a little look at:

PLUS:CAMP (Capped at £200k ota).

Mining investment Company - sat on £200k+ Cash.

Nice 1.2mln buy yesterday.

Could Bruce Rowan be interested ??

[still waiting] 10/3/2011 12:45

DAV, yes in at .75p out at 7.5p, not quite the max but good enough.

well done here guys.

[double6] 10/3/2011 12:40

LOL - pity those who paid top whack!

[ukmassy] 10/3/2011 12:38

2seansflag

You wern't in DAV then? One day that was .9p. The next day it was 9p! LOL!

[minky65] 10/3/2011 12:37

Well 3p looking good now , can I hope for 4p?

[pre] 10/3/2011 12:34

wow!!!! well done folks...i'm banking on HTT doing the same thing too now!!!

[crosswire] 10/3/2011 12:27

GTE

Shares Outstanding 102.16m
Free Float 84.02m

[gerryjames] 10/3/2011 12:26

Careful, it's the non existant MC affecting the enterprise value and not giving a true picture.

The loan note interest, investment and recessionary factors stripped out any chance of a profit.

This is what makes the restructuring such an attractive proposition.

Fundamentals will actually make this an attractive buyout and a healthier business.

[2seansflag] 10/3/2011 12:21

up over 500% in 10 trading hours, that has got to be some record...

[rgolding1978] 10/3/2011 12:10

2.35 on plus. RAMP RAMP RAMP.

[careful] 10/3/2011 12:02

looking at these.
surprised they still make a loss on a decent turnover.
seem like a conventional tubine repair outfit.
plus some knowhow in areas like emmissions etc.

negative book value after stripping out intangibles is a worry.

[minky65] 10/3/2011 11:57

2.35p on plus now , will we see 3p today ? fingers crossed.

[gdasinv2] 10/3/2011 11:50

Profit taken....500% up last 2 days. I have taken my profit to manage the risk.

[gdasinv2] 10/3/2011 11:40

Take profit if you want then....I will wait 1p to buy :-)

[induna123] 10/3/2011 11:22

Hardie, don't sweat it man. If they want to buy then let them. Nobody is putting a gun to their head. It's their fault if they get nowt back.

[brando69] 10/3/2011 11:18

gdasinv - sth about you and your posts stinks...

[gdasinv2] 10/3/2011 11:17

business is for shell @$60 million

[hardie1961] 10/3/2011 11:14

gdasinv2 - 10 Mar'11 - 10:44 - 2645 of 2647


10p a min BID


xxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxx
RE GTE GTE GTE

Beware of gdasinv 2

He is P&D all over the place

This co is going to be delisted in a few days time and you will have severe difficulty in trying to offload your shares.

Mugs still buying GTE at 1.7p. They are complete mugs who have been duped by rubbish posted on the BB.

GTE is a clear sell. Forget about the 10p bid gdasniv2 talks about. It is sheer fantasy.

Only mugs are paying 1.7p for GTE. Watch the lemmings head for the exit shortly

[boonkoh] 10/3/2011 11:06

The key here is that the preference shares get the first £30m from any sale of the company. And thats only if the company is sold within the first x months of delisting - if I remember correctly, that amount increases over the initial period?

Buying the shares now is very much a bet that the company will fetch more than £30m in any future sale. Your investment is tied up - in fact, it probably is an all or nothing bet. Either you lose all your investment, or you will get a return. I wouldn't buy this share with the view of "trading out" for a profit/loss once its delisted.

I personally believe the company will sell for more than £30m - which is why it could be that more than 18% of outstanding shares have traded hands today. Could be a hedge fund that has spotted an opportunity, and willing to take a £100k+ bet on GTE.

[gdasinv2] 10/3/2011 10:45

Also any 1 can bid at such low price...show accumulating at these stage is good idea and wait - either way you will get money back

[gdasinv2] 10/3/2011 10:44

10p a min BID

[gerryjames] 10/3/2011 10:38

UK


Yes you keep your holding. Although after restructuring the loan note holders debt is converted into equity. There is a dilution however it was their debt and the recessionary affect on the business which took this from 30p to where it is today. Business is improving, there will be no debt and $12m in the bank from the recent sale. An attractive company profile for a buyer.

"The Loan Note Holders will between them hold approximately 18.45 million Preference Shares. When combined with the Ordinary Shares currently held by them, the Loan Note Holders will, between them, initially have approximately 79.4 per cent."

The fact that the loan note holders are also ordinary shareholders explains why a trading platform and no share cancelation will take place IMO.

[gdasinv2] 10/3/2011 10:36

This is same like RAY, will settle at 30p... RAY was same situation , people bought them at 2p...and was sold at 35p

[ukmassy] 10/3/2011 10:26

@Gerryjames, do the shareholders get anything if the company delists?