Opera Inv Share Discussion Threads

[dice1950] 14/7/2016 04:17

Highlands Natural Resources (HNR:AIM) Hot air out of Highlands
14th July 2016

Valuation becoming more realistic as helium deal breaks down The collapse of a £4 million sale of its Montana helium project (11 Jul) to Opera Investments(OPRA) has put further pressure ...

[superg1] 12/7/2016 09:47

Bentley

Looks like you left ADVFN but if not just posting one of your old posts.

Kodal Minerals - KOD
bentley43 - 13 May 2016 - 10:00:24 - 724 of 749
Not going to say I told you so

Well I am

I told you so.

You know how to get hold of me if you want to understand just how deeply I dig and some aspects not yet mentioned. Unfortunately the market is a dirty place hence I do my research.

[superg1] 30/6/2016 10:13

Bentley

As promised.

Happy to chat to opra on the topic and have made that clear to them.

[bentley43] 30/6/2016 07:31

Superg can you kindly let me know how to contact you as I would like to invite you to meet the board of directors today at 5pm at the brokers office.
You can then explain your comments and ask any questions you may have no matter how challenging.

[andrbea] 09/5/2016 16:49

floated at 11p.

[solarno lopez] 09/5/2016 14:17

Net asset value 3p per share price 7.25p per share

[mikeh30] 09/5/2016 11:39

Agree. I took some this morning to average down. Only time will tell if it was smart.Wouldn't surprise me if Mr Dudley makes a few purchases to put the price back up.

[andrbea] 09/5/2016 11:36

so they lost 200k instead of 400k

so now at 7.25p (cf float price of 11p)
so the loss in mkt cap is much greater than that 200k negotiation cost
SP oversold looks IMO

they'll be keen to make a new acquisition soon, to save face...

and who knows ... maybe they have a second bunny well advanced, knowing that the first project was probably not coming to fruition.

otherwise why resume trading now (with all the costs that entails)

just my thoughts

[solarno lopez] 09/5/2016 09:54

The year end accounts make interesting reading for two reasons,

The Company had no chance of raising the required acquisition cash and therefore should have pulled out.

The costs at the year end appear to be £400k of which half will be refunded by the seller

[solarno lopez] 09/5/2016 09:11

And how much did that cost OPRA in DD fees ?

[moreforus] 24/1/2016 18:07

..you been in touch .. admittedly they didn't say January but expected to see some due process by now ....good job it's a main market shell or it'd be over the 6 month rule by now....!!

[bentley43] 24/1/2016 18:02

We will be early March all being well watch out for RNS update

[moreforus] 24/1/2016 17:41

Are we back ?? At 28p??

[mikeh30] 24/9/2015 17:06

Following recent discussions, the Company has entered into non-binding heads of terms with Hudson for the acquisition of SoloPower for a consideration of US$220 million (the "Acquisition"). The heads of terms provide that the Acquisition will be satisfied by the issuance of new ordinary shares of GBP0.01 each in Opera ("Opera Shares") to Hudson at a price of GBP0.28 per Opera Share, valuing the existing issued share capital of Opera at GBP4.8 million. In addition, it is envisaged that, in conjunction with completion of the Acquisition, there will be an equity financing raising net proceeds of not less than US$40 million to fund certain future investment and working capital requirements of SoloPower.

[mikeh30] 24/9/2015 17:05

Coming back at 28p mate. 180% premium

[kiwimonk] 24/9/2015 16:43

thanks Spencer. I fully expect this to come back soon and with a double of the current SP