Share Name Share Symbol Market Type Share ISIN Share Description
Independent Resources LSE:IRG London Ordinary Share GB00B0RNX796 ORD 0.01P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  +0.00p +0.00% 0.395p 0.00p 0.00p - - - 0.00 05:00:10
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Oil & Gas Producers 0.0 -1.8 -1.1 - 13.25

Independent Resources Share Discussion Threads

Showing 9401 to 9424 of 9425 messages
Chat Pages: 377  376  375  374  373  372  371  370  369  368  367  366  Older
DateSubjectAuthorDiscuss
20/4/2017
08:16
Ended up with around 1.5% of my excess through HL
carpenph
19/4/2017
22:31
YouInvest: Excess applications were oversubscribed and have subsequently been scaled back by a factor of approximately 99.476761193%. Following scale back, new Ordinary shares were credited to accounts on 19 April 2017.
james_jones
19/4/2017
08:36
how's that '25x dilution' smashing the share price theory working out ?
dmitribollokov
18/4/2017
19:40
djic, yes most of understand, but we just don't know how many? uneducated guess 5-10% of what you subscribed to in placing
brookemia
18/4/2017
17:50
ECHO tomorrow folks. All welcome: http://uk.advfn.com/cmn/fbb/thread.php3?id=41081070
steelwatch
18/4/2017
17:44
We don't know the number of shares not applied for under the placing. If we did we could divide that figure by the 58,066,839 excess applications and times that figure by what we have applied for. Or have I missed something?
geoffmanana
18/4/2017
17:41
Yes, agreed steelwatch
scottishfield
18/4/2017
17:30
Still doesn't provide an answer tp djic's question above. Depending on how quick your broker is: Expected date for crediting of Open Offer Shares in uncertificated form to CREST stock accounts 8.00 a.m. on 19 April
steelwatch
18/4/2017
17:23
Fm this afternoon's rns : Applications for Excess Open Offer Entitlements were significantly greater than the number of Open Offer Entitlements not applied for and have accordingly been scaled back pro rata to the number of Excess Shares applied for by Qualifying Shareholders under the Excess Application Facility. All eligible applications under the Excess Application Facility will be scaled back pro rata to the number of Excess Shares applied for and refund payments for all unallocated Excess Applications will be made as soon as reasonably practical.
scottishfield
18/4/2017
16:50
They haven't said yet.
steelwatch
18/4/2017
16:41
does anyone understand how many shares in the excess offer one is getting?
djic
18/4/2017
15:28
I doubt Corbin will help labour win, not with north korea and trump situation
polype78
18/4/2017
12:11
There's no chance of Labour running the country.....TM job done Not quite sure how that will make any difference to IRG?
jag63
18/4/2017
12:01
If these 10 bagged they would still only have a market capitalisation of just £160m
chickenrun1
18/4/2017
09:29
Positive mention here & strong hint of v positive write-up to come. hxxp://www.malcysblog.com/ (substitute the xx's for tt's)
scottishfield
18/4/2017
09:28
A lot about this deal is going to depend on how that money raised gets spent. If they are buying virgin land that might incur substantial drilling costs...£20m can get eaten up quite quickly, potentially in operations over 3 countries. Worse, if they hit dust then thats money down the drain On the other hand if they are buying (which I expect they will) proven gas fields or assets - then they are going to be mobilising pretty quickly and could then attract partners to co-finance - as alluded to in the RNS today.
king kong dong
18/4/2017
09:19
Telbap...lets hope An Inspector Doesn't Call on JB Parsons....LOL!
king kong dong
18/4/2017
09:18
" Remember its being diluted by dividing your holding by 25!!!!" Is what I'm referring to KKD
dmitribollokov
18/4/2017
09:17
Thanks King Kong D
nico9
18/4/2017
09:16
We could actually close Blue here......
telbap
18/4/2017
09:15
KKD........Bingo!!!!...... you have read the "how to maximise shareholder value" book by JP priestly...opps Parsons. He will no doubt raise further funds down the line. As long as we get a good deal i really don't mind, it's when they raise to cover "commercial costs" Ie their salaries cos the onto produce, that's when it's time to exit.I think this story might well be an interesting one.
telbap
18/4/2017
09:05
nico.... if you hold 5 out of 10 shares in a business then you own 50%. Let each share be worth £1 If another 10 shares are introduced into the business and you still only own 5, then you now own 25% of the business (ie. 5 out of 20 shares) That is dilution. If those original shares were consolidated - say 1 for every 5 then you now own 1 share out of the 2 now in issue and still own 50% - however the value of each new share will rise by 5 so your 1 share is now worth £5. Consolidation is actually a strategy employed for a number of reasons: * Thins out the shareholder base * Reduces the shares in issue * Can remove stocks from having a negative penny share status * Removes some of the volatility associated with the penny share trader mentality * Perhaps worst of all, with a new clean, consolidated share base....the company can then start again issuing new shares and increasing those in issue.
king kong dong
18/4/2017
08:45
Christ, some people are epically thick/desperate...
dmitribollokov
18/4/2017
08:34
nico9 Consolidation is NOT dilution.
4711phil
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