Gran Tierra Energy Share Discussion Threads

[themoneymonster2] 20/10/2010 12:38

lol, you said you had bought some on the CR threaad? Make your mind up.

Convertible loan notes, at what price?? Go on tell us.

What is the warrent floor sp?

[scott84] 20/10/2010 12:36

Why are you avoiding the convertable loan debt.

It's obvious you have no intentions of holding this longer than
today.

You should make it clear this is a very high risk punt, it could
even get suspended.

[themoneymonster2] 20/10/2010 12:35

why you here robson?

[scott84] 20/10/2010 12:34

Desperate pump and dump by TM2.

Wait until he sells and buy cheaper if you are interested.

[themoneymonster2] 20/10/2010 12:30

Talk on LSE is of another bidder for the company?

[themoneymonster2] 20/10/2010 11:10

Sorry for caps, have just bought a few as a recovery play and surely ripe for a takeover at this price? Wanty full 3p now.

[themoneymonster2] 20/10/2010 10:55

UNDER THE MID PRICE THEN, MUST HAVE FURTHER TO FALL IF THEY WANT TO GIVE YOU THEM FOR THAT?

[empirestate] 20/10/2010 10:52

took another 50 at 2.87

[6kenny] 20/10/2010 08:46

mw,

Ouch mate...sorry to hear that! Wonder if this will ever find a support level.

[m w] 20/10/2010 08:33

25p brakeven

[wcjan26] 20/10/2010 08:31

less than 3p?! looks like i got lucky here selling back in the summer

yet another example of where the FD leaves, there may be trouble

wonder if IRV is next?

[ashtree2] 20/10/2010 08:28

Can this share drop any lower ,seems incredibly cheap. this company for 3.2 million?

[minky65] 19/10/2010 21:56

ALBERTEDWIN - I share your pain and am in total agreement , GTE has cost me a small fortune with very little chance of seeing the 12p I need to break even , 'LESSON LEARNT'.

[albertedwin] 19/10/2010 20:49

Still here but in a MOST dejected frame of mind. Unhappily it all seems to be turning out as I feared, or worse, Jessops style possibly, but ultimately, and seemingly very likely, complete collapse. What an unhappy conclusion for such a promising company with so credible a business plan. I have held on to the very end but have eventually been forced to sell 60% very recently in exasperation. If nothing positive emanates from the Company within the next day or so the remaining 40% will have to go likewise realising overall A VERY HEAVY PERSONAL LOSS INDEED. Lessons learned: "Do not allow yourself to beome wedded to a share due to personal inclinations; it never works and costs you dear"; And "never again trust a company that fails to communicate adequately and meaningfully with its PIs". When inevitably the final crunch comes those hitherto loyal PIs will simply no longer be on board to support the Company. May be this does not matter too much to the management who will no doubt continue to maintain that they can still always rely on their Institutional supporters; but if that be the case why did they bother to obtain, and pursue, an AIM listing at all ?

In short a bitterly disapppointed, and greatly disallusioned, shareholder of this quite disastrous AIM share.

[jammytass] 19/10/2010 16:31

top out come!!!!

1.sfo to be called
2.bod let the share price fall so much then call for a placing at next to nothing for the very few. then after placing watch them sell this at a profit


why oh why did the bod not ask for the shares to be suspended prior to this time to get there house in order !!!!

where was plan b?

if the aero sell is a deal that is worth the same amount as the whole cpmy then the bod have not been acting in the best interest of shareholders by not suspending the shares on lse,

[scott84] 19/10/2010 13:07

If it's so exciting for Grant then he will have no problem buying stock seeing as it's so low ?

[6kenny] 19/10/2010 12:49

What if Mr Grant was brought in to lead the company into an administration and then the directors buy it back....just surmising...this is AIM afterall!

[tullynessle] 19/10/2010 10:48

ES: Re Post 1850

Many thanks.......

[tullynessle] 19/10/2010 10:39

Is there any significance in the appointment of John Grant as:

"Executive Chairman with immediate effect. Mr Grant joined the Board as non-executive Chairman on 4 January 2010. He will now take an enhanced role in the management and future development of GTE."

as indicated in the RNS dated 18th October, 2010.


Mr Grant appears to have extensive experience with major entities. Would he take on the job of Executive Chairman on 18th October if GTE had no future?

Let's hope that he will represent the interests of all shareholders when identifying and implementing future strategy.

(Note: I noticed that he was a Director Hasgo Group Limited, "a company that went into liquidation in October 2009."

I suspect he would be keen to avoid any recurrence...




Mr Grant will join the board and take up his role as chairman with effect from 4 January 2010. Mr Grant, aged 64, is an experienced director who spent his executive career in a variety of senior international roles within the engineering, electrical utility and automotive industries. After holding a number of senior positions within Ford Motor Company in Europe and the USA. including head of corporate strategy in Ford US and deputy chairman of Jaguar,
he was group finance director for Lucas Industries plc (subsequently Lucas Varity plc) between 1992 and 1996. He was then chief executive of Ascot plc between 1997 and 2000 where he led a management buy-out of four specialist engineering businesses from Ascot. In recent years, he has held a number of non-executive director and chairmanship roles in a wide range of listed and private companies. John was on the Board of National Grid between 1995 and 2006.
Mr Steven Zwolinski, Chief Executive Officer, said: "We are delighted to have attracted a Chairman of John's caliber.
John is an international business leader who brings with him a wealth of experience. He will be an exceptional Chairman for GTE as it enters the next stage of its development.

Mr Grant commented: "I am delighted to be joining GTE at this exciting stage of its development. The company has already made significant progress in developing an attractive portfolio of performance-enhancing products and establishing a strong position in its chosen gas turbine markets. It clearly has the potential to continue to grow rapidly in the coming years."

Extract continues..

Regulatory Information:
Mr Grant is currently a non-executive director of Melrose plc, MHP SA, Pace plc and the Royal Automobile Club Limited and is non-executive chairman of Surion Energy plc and Torotrak plc.

In the previous five years Mr Grant has also been a director of National Grid plc, Hasgo Group Limited, Peter Stubs Limited, Cordex plc, Corac Group plc and the Royal Automobile Club Motor Sports Association Limited.

Mr Grant was a director of Hasgo Group Limited, a company that went into liquidation in October 2009.

Mr Grant does not hold shares in the Company. There is no other information required to be disclosed under Schedule Two, paragraph (g) of the AIM Rules for Companies.

[empirestate] 19/10/2010 10:24

he is a snapshot from the latest books for those interested
MCAP GBP3.3M
GROSS NAV GBP21M
NET NAV AFTER G/WILL GBP17M
NET NET NAV AFTER G/WILL AND CAP R&D GBP7.5M
BORROWINGS GBP7.5M

Payables and receivables were evenly balanced and they have availability of credit under the covertable loan note issue of USD5.5M as USD4.5M was utilised in Q3

[high stock jim] 19/10/2010 10:08

what a shame, I feel for all holders and hope it will turn out for you in the end.

[tullynessle] 19/10/2010 10:06

Bought 50k at 3.48p - not showing on ADVFN - so must be on Plus

[scott84] 19/10/2010 10:05

Bought twice myself but cannot see them ?

[empirestate] 19/10/2010 10:04

twozulu, have picked up a few meself, looking rather oversold and as you say an over reaction considering they have borrowing lines available through the loan note issue that gives them breathing space to sort things out