Ncondezi Energy Share Discussion Threads

[412069] 16/12/2015 11:35

Last RNS was just after 12 oclock friday! you never know.

[kirk 6] 16/12/2015 11:29

the price would be much much higher if it was. Looking like a run towards 5p today possible

[412069] 16/12/2015 11:26

Looking like that deal could be signed today.

[412069] 16/12/2015 11:23

Could be a 3p day today.

[bismilallah1] 16/12/2015 11:18

Paying above the Bid 2.55 to sell

[412069] 16/12/2015 11:11

It's looking like T3er's are deciding to stay from Friday.

[bismilallah1] 16/12/2015 11:03

Brill this should have happened yesterday

[412069] 16/12/2015 10:47

There it is
And L2 still the same.... More upside to come here today.

[412069] 16/12/2015 10:18

Now
3 v 1
45k v 15k
Tick up coming.

[kibes] 15/12/2015 22:04

Having announced that this deal is going to be part of the 'One belt, one road' initiative driven by President Xi Jinping himself, I would say that SEP are now in right up to the neck and will have to pay whatever it takes.

[novicetrade68] 15/12/2015 20:24

The fact that it took nearly 15 months to report this progress may suggest some tough negotiations gone on in the background where NCCL didn't want to sell out cheaply and then posited the suggestion to SEP they could also do it alone yet in the end SEP decided they didn't want to be out. The final result will be interesting to read, but would think there should be plenty of upside from here. At least we know now things are moving on.

[kibes] 15/12/2015 18:01

412069 - I also think a buyout by SEP is very likely. However, I think NCCL management would hold out for covering retrospective costs of several tens of millions of dollars. Which suggests to me they probably wouldn't settle for less than 20p or 30p/share. Which in any case is only a drop in the ocean to SEP.

[bismilallah1] 15/12/2015 17:35

Sellers controlled today

[bismilallah1] 15/12/2015 14:33

412 by the selling price being offered above the showing sell price hmmmm makes you wonder

[412069] 15/12/2015 13:56

Bism

You got a big buy order being worked then?

[bismilallah1] 15/12/2015 13:31

412 I got a feeling we might just end up blue

[412069] 15/12/2015 13:02

SIGNIFICANT SHAREHOLDERS

Shareholder Shares Percentage
Africa Finance Corporation 54,988,520 22.0%
Kulczyk Investments SA 29,111,719 11.7%
Michael Haworth* 16,438,296 6.6%
Brooks Macdonald Asset Managemen 14,900,529 6.0%
RBC Jersey 9,470,560 3.8%
Hardwick Trust 8,907,867 3.6%
Canaccord Genuity Wealth Management 8,174,772 3.3%
* Michael Haworth holds 3,495,470 shares in his own name and 12,942,826 through a trust.

Plus say another 1% for Titan, there shouldnt be that much stock around lads.

[412069] 15/12/2015 12:46

SEP's Mcap is 31billion they have the clout to buy out NCCL which i think could happen one day.

[412069] 15/12/2015 12:33

Bism....

WHEN news hits mate not if.GL.

[bismilallah1] 15/12/2015 12:29

412 if news hits it will not let you buy under 5

[412069] 15/12/2015 12:20

31th December was the last day of the extension period, so they had to RNS SEP's board meeting announcement that they were serious and willing to sign the deal.
Which now has given enough time cross the t's and dot the I's
IMHO.

[bismilallah1] 15/12/2015 12:09

412 yes agree

[412069] 15/12/2015 12:04

News....I'm banking on anytime before the 31st Devember.

[bismilallah1] 15/12/2015 11:55

News could hit any time