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Share Name Share Symbol Market Type Share ISIN Share Description
Green Dragon Gas LSE:GDG London Ordinary Share KYG409381053 ORD USD0.0001 (DI)
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  +0.00p +0.00% 62.50p 60.00p 65.00p - - - 0 05:00:01
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Mining 23.6 -9.9 -6.2 - 88.95

Green Dragon Share Discussion Threads

Showing 376 to 396 of 400 messages
Chat Pages: 16  15  14  13  12  11  10  9  8  7  6  5  Older
DateSubjectAuthorDiscuss
11/1/2018
15:45
new thread for G3 Exploration here: https://uk.advfn.com/cmn/fbb/thread.php3?id=42167328 Asagi (short G3E)
asagi
03/1/2018
15:50
Is anyone going to set up a new thread under the new ticker? Https://www.investegate.co.uk/g3-exploration-ltd--g3e-/rns/change-of-name/201801030804178149A/ Green Dragon Gas Ltd. (LSE: GDG), one of the largest independent companies involved in the production and sale of coal bed methane ("CBM") gas in China, is pleased to confirm that the Company's name change to G3 Exploration Limited is effective today and under the new ticker G3E on the London Stock Exchange.
jaknife
03/1/2018
11:12
Has anyone read the above announcement? It seems to put the bonds in a limbo where the bond trustee has been given no valid current instructions and is thus inviting bondholders to get in touch and trigger default.
jaknife
28/12/2017
09:47
The latest announcement from the bond trustee: Https://www.stamdata.com/documents/NO0010724370_MD_20171222.PDF It's more than a little strange that GDG hasn't made any announcement about this to the London exchange.
jaknife
20/12/2017
13:55
A I have no position, but you are sounding a bit desperate, what price are you short from?
srpactive
20/12/2017
13:50
AGM resolutions passed: HTTps://www.investegate.co.uk/green-dragon-gas-ltd--gdg-/rns/result-of-agm/201712201319469609Z/ 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)
asagi
15/12/2017
10:17
A I have no position here, but the chart from mid Oct looks interesting, you must agree.
srpactive
14/12/2017
15:45
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)
asagi
14/12/2017
09:06
The Oslo exchange published an announcement last Wednesday which gave a deadline of Monday after which they would be taking enforcement action against the company: Http://www.newsweb.no/newsweb/search.do?messageId=440205 Given the lack of update it seems reasonable to assume that the Bond Trustee has moved to enforce the existing Event of Default.
jaknife
14/12/2017
08:18
50 000 buy.
srpactive
08/12/2017
15:40
I expect that JakNife would counter that the company is already in default. Asagi (short GDG)
asagi
08/12/2017
15:21
I do not hold here, but you come across as someone very desperate for the company to default.
srpactive
08/12/2017
14:44
Still no agreement with the bondholders: Http://www.newsweb.no/newsweb/search.do?messageId=440205 It would be interesting to hear how the company expects to IPO its material subsidiaries in Hong Kong when the bondholders have security over them. If I were the bondholders I would simply call default and take ownership of the material subsidiaries and then float them myself.
jaknife
06/12/2017
10:34
What a disgusting headline, journalism at its best.
srpactive
06/12/2017
09:59
srpactive, What do you make of this JK, talk of debt free? I don't understand how they intend to achieve that and I await the detail with baited breath. If they transfer all the assets to the Hong Kong company then that will leave the UK listed entity as a shell. What's the point in that? They need to raise circa $140m to repay all the debt. That would have to be a very major IPO to raise that much equity, with lots planning, a prospectus, road shows, etc, etc. So what exactly are shareholders expected to vote upon at the AGM on 20th Dec? An AGM in two weeks but no documents to inspect? The current market cap of the whole of Green Dragon Gas is only £96m so it strikes me as more than ambitious to float a subsidiary and raise $140m of equity. It frankly strikes me as smoke and mirrors at the moment. The big issue is a simple question: how are GDG going to repay the bonds? I note that they've not mentioned this topic for a number of weeks now! JakNife
jaknife
06/12/2017
09:50
As I say I do not hold,
srpactive
06/12/2017
09:27
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.
srpactive
06/12/2017
09:11
I wonder what all the shorters think of this?
srpactive
06/12/2017
09:05
I don't understand what shareholders are expected to vote on at the AGM on 20th Dec? In such events one would expect little details such as (a) a prospectus for the new business, (b) how much new money to be raised? (c) use of proceeds for that money? (d) which broker is advising? Frankly none of this makes sense. If the aim is to raise more money then either sell the assets or have a partial listing. Why at the same time distribute the remaining equity to shareholders such that shareholders are left with (i) a Hong Kong share that they will struggle to trade and (ii) a UK listed share that presumably has no material assets?
jaknife
06/12/2017
07:53
Would appear the Bondholders will be repaid via raising new money on HK listing ???
john henry
06/12/2017
07:22
Interesting rns.
srpactive
Chat Pages: 16  15  14  13  12  11  10  9  8  7  6  5  Older
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