Share Name Share Symbol Market Type Share ISIN Share Description
Madagascar Oil LSE:MOIL London Ordinary Share BMG5738R1016 COMM SHS USD0.001 (DI)
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  +0.00p +0.00% 0.45p 0.00p 0.00p - - - 0 06:30:08
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Oil & Gas Producers 0.0 -7.7 -1.3 - 2.40

Madagascar Oil Share Discussion Threads

Showing 4376 to 4398 of 4400 messages
Chat Pages: 176  175  174  173  172  171  170  169  168  167  166  165  Older
DateSubjectAuthorDiscuss
17/6/2017
06:58
what a fraud. a legalised conspiracy against the London markets. the dirty side of AIM that every investor should realise goes on day in day out.
runwaypaul
16/6/2017
23:15
jbfnfn, The price being offered by Benchmark/BMK is close to the last price before delisting last year, that's the only reason I can think of for the number. I suspect that most of the larger shareholders departed long before delisting. As I recall, the only lenders are Benchmark, Outrider, DeJoria and SEP/Persistency, the only large shareholders left. They have been funding the company with loans rather than equity, so I imagine that the BMK deal includes repaying the debt as well as buying out the equity. If you look at my posts here when the company was still listed, the present buyout is one of the things I thought likely to happen this year. It looks as if the large shareholders other than BMK have decided to get their loans repaid and cut their losses on the equity. As you are a shareholder you should soon receive the offer documents where everything may be explained.
rapide35
16/6/2017
20:28
Mr rapide35, Can you explain how BMK have decided on US$0.0075 per share? With 795,713,264 shares in issue that values the business at about $6m or £4.7m. It looks like the only trade on Britdaq went through at 0.35p. From memory it delisted from AIM at a closing price of about 0.4p What about the big shareholders who were not lenders (from memory John Paul DeJoria Family Trust? Blakeney Group?). Do you know if they will somehow still be invested after this? I've lost money here holding to the end, but I had them mainly for sentimental reasons. Any further info you could supply would be helpful. I try to learn from my losses.
jbfnfn
15/6/2017
23:44
Last Post... Not so funny now is it, Comedy?
rapide35
15/6/2017
22:06
June 15, 2017 Posted by Madagascar Oil Admin 2017 Press Releases, Press Release, Recent News  Comments are off for this post Antananarivo, Madagascar – 15 June, 2017 Madagascar Oil Limited (the “Company”;) today announces that it has today entered into an agreement with BMK New Co Ltd (“Newco”) (the “Amalgamation Agreement”) pursuant to which the Company and Newco shall, subject to the approval of the Company’s shareholder (the “Shareholders”) and the appropriate regulatory authorities in Bermuda, be amalgamated in accordance with the Bermuda Companies Act 1981. Newco is 100% owned by BMK Resources Limited, a major lender to and substantial shareholder of the Company. A summary of the Amalgamation Agreement together a Background to the Amalgamation has today been dispatch to shareholders of the Company together with other important information relevant to the Amalgamation (“Notice to Shareholders”). The Board of Directors of the Company has approved the Amalgamation Agreement and the Amalgamation. To be effective the Amalgamation requires the approval of a simple majority of Shareholders. Shareholder approval is being sought by way of a written resolution of the Shareholders in accordance with the Company’s Bye-laws. The form of written resolution pursuant to which the Shareholders may approve the Amalgamation is included in the Notice to Shareholders. Shareholders may indicate their written approval of the Amalgamation Agreement and the Amalgamation by signing and returning a copy of the written shareholder resolutions. The Amalgamation will be duly approved by shareholders when holders representing, in aggregate, a simple majority of the issued share capital of the Company sign and return the written resolutions indicating their approval. Upon shareholder approval, the Amalgamation will become effective when the Company and Newco register the Amalgamation with the Bermuda Registrar of Companies and the Certificate of Amalgamation is issued. From the time of issue of the Certificate of Amalgamation the Company and Newco will be duly amalgamated and will continue as one Bermuda company. As a result of the Amalgamation the Company will become wholly owned by BMK Resources Limited and the issued share capital of the Company will be canceled in exchange for the right of Shareholders to receive payment from the Amalgamated Company of US$0.0075 per common share previously owned (“Amalgamation Consideration”). In order to receive payment of the Amalgamation Consideration shareholders must complete and sign the Shareholder Payment Instruction Form attached to the Notice to Shareholder and deliver it to the Company in accordance with the instructions set out therein. About Madagascar Oil Madagascar Oil is a private independent international oil and gas company focused on exploration, development and production opportunities in five onshore blocks in Madagascar. Operating in Madagascar since 2004, Madagascar Oil is Madagascar’s leading and longest operating oil and gas company. In early 2015, the country’s first Mining Title of Exploitation and Transport of Hydrocarbons was issued by the Malagasy Government, resulting in a 25-year development license on Tsimiroro Block 3104.
whowants2bamilionare
13/2/2017
12:37
hxxps://www.africaintelligence.com/ION/business-circles/2017/01/27/madagascar-oil-falls-out-with-state-oil-and-water-utility,108199169-ART hxxps://www.africaintelligence.com/AEM/oil/2017/01/31/madagascar-oil-fights-for-survival-with-local-distributors,108209577-ART
whowants2bamilionare
21/12/2016
10:41
FYI:- BritDAQ Ltd has been appointed to be matched bargain operator and will also soon become the share registrar for Madagascar Oil PLC. Now that the shares have been de-listed from AIM, the place where you can either buy or sell the shares is on the BritDAQ website.To become a BritDAQ Gold Member, kindly visit hXXps://www.britdaq.com/secure/register
mortimer7
29/9/2016
08:14
Ahhh ok. So I guess other parties will be enjoying the fruits that the shareholders paid for and lost 99% of their money with.
pro_s2009
28/9/2016
22:16
the plant will be alive and well.the shareholders paid for it. they just wont see any of their money back again. AIM
runwaypaul
28/9/2016
21:31
Is it dead ?
pro_s2009
27/4/2016
11:05
where the ever helpful rapide???helping a few more grannies cross the road in to headlong traffic??:)bless
comedy
08/4/2016
12:04
This was one of those shares that useless tipster Chrisoil used to pump. Malcy has his say today; And not a good day for shareholders of Madagascar Oil which has ceased trading on Aim this morning. Enough has been said about this already but the lessons that should be learned are not dissimilar to those popping up elsewhere in the sector, viz large shareholders can be a double edged sword and often have had a loyalty bypass. - See more at: hxxp://www.malcysblog.com/#sthash.v1l8odCU.dpuf
cyan
07/4/2016
19:04
This is the unregulated AIM. These people take the PIs money. The PI is left with a lose. He /she has been taken for a sucker.It was well invested in by funds etc at 90P. You get suckered in and loose all your money.Even the pros don't know the crooks. The crooks want it all for themselves. Forget the poor PIs. We mean nothing to the managment. Just take a look ar VAST and AMC. Bloody managment are all crooks. My view. Sell while you can. Everyone to their own. John Henry speaks the truth. ATB to all and sundry.
matrix25
07/4/2016
18:50
Sell the lot Comedy, dead money being invested here. Ouch just noticed you no longer can,
john henry
07/4/2016
16:37
well sold 2 lots of 150k at death...but got shy of 500k:)...guess the paper certificate will line the wall nicely:)
comedy
07/4/2016
15:05
poor charlies
comedy
07/4/2016
15:04
lol and not one post from rapido since his last post here...but wants us to believe he is a poor pi like the rest of us.
comedy
07/4/2016
15:02
even rapido has left the building
comedy
07/4/2016
15:02
this is one big empty barnyard:)
comedy
07/4/2016
15:01
helllooooooooo???????
comedy
07/4/2016
15:01
last minute spike to allow shorters to close out???
comedy
07/4/2016
15:01
why can you sell 400k cant buy 100k????
comedy
07/4/2016
09:06
cant buy jack why is that???
comedy
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