ADVFN Logo ADVFN

We could not find any results for:
Make sure your spelling is correct or try broadening your search.

Trending Now

Toplists

It looks like you aren't logged in.
Click the button below to log in and view your recent history.

Hot Features

Registration Strip Icon for monitor Customisable watchlists with full streaming quotes from leading exchanges, such as LSE, NASDAQ, NYSE, AMEX, Bovespa, BIT and more.

GDG Green Dragon Gas

62.50
0.00 (0.00%)
24 Dec 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Stock Type
Green Dragon Gas GDG London Ordinary Share
  Price Change Price Change % Share Price Last Trade
0.00 0.00% 62.50 00:00:00
Open Price Low Price High Price Close Price Previous Close
62.50 62.50
more quote information »

Green Dragon GDG Dividends History

No dividends issued between 25 Dec 2014 and 25 Dec 2024

Top Dividend Posts

Top Posts
Posted at 20/12/2017 13:50 by asagi
AGM resolutions passed:



GDG plans to list the Company's producing assets, within the GSS Production Sharing Contracts (60% interest in GSS Block, and 47% interest in GCZ Block) onto the Hong Kong Stock Exchange as a dividend in specie

so GDG shareholders will be getting shares in this new entity. I cannot believe that this move does not require the agreement of bondholders. If so, how much of the new company will they get and how much is for Green Dragon shareholders?

Asagi (short GDG)
Posted at 14/12/2017 15:45 by asagi
it seems that there is now a new deadline of 19th December, one day before the AGM:

hxxp://www.newsweb.no/newsweb/search.do?messageId=440755

and that the trustee is not to attempt to recover any amounts owing before 'close of business' on December 19th. That's not to say that they will after that date of course. It's not like any previous deadline being missed has had any repercussion.

What patsies these bondholders must be! All the while Green Dragon management can keep taking their salaries etc!

Asagi (short GDG)
Posted at 08/12/2017 15:40 by asagi
I expect that JakNife would counter that the company is already in default.

Asagi (short GDG)
Posted at 06/12/2017 09:50 by srpactive
As I say I do not hold,
Posted at 06/12/2017 09:27 by srpactive
What do you make of this JK, talk of debt free?

I do not hold.

===================================

The proposed equity structure of the YieldCo will comprise of Green Dragon Gas, Green Dragon Gas shareholders and new Hong Kong listed shareholders. The specific equity between shareholders and the record date of such dividend shall be determined by the Board in due course. As a result of the YieldCo, GDG is expected to be debt free as capital raised from the Hong Kong listing is expected to settle all its existing debt obligations. Furthermore, additional equity raised in the Hong Kong listing will contribute to the continued development of the Company's remaining five exploration blocks, with the aim of continuing to develop the Company's large acreage position.
Posted at 22/11/2017 11:01 by asagi
this page:

hxxps://www.oslobors.no/ob_eng/markedsaktivitet/#/details/GDG01%20PRO.ABM/data

also lists bonds outstanding as '0'. I take 'outstanding' to mean 'in issue, with full repayment of coupon to come at a later date'.

Asagi (short GDG)
Posted at 21/11/2017 21:54 by asagi
from this page:

hxxps://www.oslobors.no/ob_eng/markedsaktivitet/#/details/GDG01%20PRO.ABM/overview

it does look indeed as if Green Dragon Gas has successfully extended the maturity date of its bond to 20th November 2018.

Asagi (short GDG)
Posted at 21/11/2017 14:07 by asagi
that was the last (reported) trade, on 18th September.

Asagi (short GDG)
Posted at 21/11/2017 10:08 by asagi
Oslo Bourse confirms that Green Dragon has defaulted but the maturity date has been extended. To when I don't know but from this page:

hxxps://www.oslobors.no/ob_eng/markedsaktivitet/#/details/GDG01%20PRO.ABM/overview

it looks like it could be November 24th.

Asagi (short GDG)
Posted at 16/11/2017 09:14 by asagi
can someone please give their suggestion why the shares are not significantly lower this morning?

Asagi (short GDG)

Your Recent History

Delayed Upgrade Clock