That's very hurtful div. |
My take on the recent share investment is PG had a strategic investor (thinking Moroccan) which did not require underwriting and 40m shares were issued to them at 5p. City fees small therefore payable in cash.
Some shares found their way to the Market recently I was thinking Lonny. Conscious Lonny (with 40m shares) may have decided to offload some having left the Company however the share sales (may not have been Lonny) have dried up now which is encouraging. No doubt PG saw Lonny's holding (40m) as an easy source for the strategic investor which is perhaps where the 40m number came from in the first place. Lonny not selling and that strategic investor may take his holding at some point.
TR1 would be good as the 40m is nearly a 7% stake. |
You are a supercilious chump. |
It isn't my job to teach you to read and comprehend simple English div. You can blame your primary school teachers. What I wrote earlier today is correct. |
for an mou5 drill in jan to be possible, should the pad be prep'd late nov into mid dec? an indicator to look out for. the permit is until april i vaguely recall |
No, you are wrong. The rns clearly states that 40mn shares were sold at 5p each, raising £2mn gross. It would be most unusual for the Placing Agent, Novum in this case, to actually ante up cash at 5p a share to participate, when they are expecting to be recompensed for their services. You say they have received shares and sold them into the market. Well, where is the additional info in the rns stating how many shares the Agent was granted, on top of the 40mn at 5p raising £2mn? |
Seems some folk over on LSE are struggling to read English. The placing RNS makes clear that 40,000,000 shares were placed and that Novum acted as sole agent. It does not say that ALL 40,000,000 shares went to the single institutional investor. Novum would have received some of that 40,000,000 for their services (such that it was). Therefore, I expect Novum have already sold their shares and the TR1 (if and when it comes) will be for a figures less than 40,000,000 (unless that institution already held shares of course). |
No sh1t Sherlock:
"Green Party leader Roderic O'Gorman has been speaking while out on the campaign trail - saying there seems to be a push to "marginalise" his party out of the next government" |
Hi Keith.
That is what I am reading between the lines.
And Lonny Drill baby drill...
Back to drill the monster with Zenith???
What I was reading between the lines
No fall out with Paul. Just strategic planning eh
May know at 7 am
Tick tock
Edit
Still a few hours to get RNS..
Zenith Strategic Investor would make it interesting... |
@Muddy. Correct, and yes there is something very interesting in Tunisia. |
Election in Ireland on 29/11/2024. The existing coalition is F Fail, F Gael and the Greens. I feel this article shows what the two main parties think of the Greens. Looks over for the Greens in Ireland. That will rid the country of the objection to low emission transitional indigenous gas and will leave Ed Miliband as the new Clown of oil and gas in the British Isles. |
I think you could be correct, I am sure he has some affiliations with below.
And maybe they have seen something in Tunisia.... |
"Satellite remote sensing and gravity/magnetic study to potentially locate fracture zones for enhanced helium concentrations"
Is this Graham Harrison? |
If Trump is elected don't think this chap has made himself very welcome in any oncoming Irish coalition. |
Ah, ok. Thank you. |
All of the clues are there for those of us who aren't thick. When you are looking at multiples of the current share price in 3 months time, the only thing you can blame for missing out is your own stupidity. |
Isn't it obvious yet divvy? The sellers were Peel Hunt............who were selling their allocation of shares received to facilitate the placing.
The institution that received the shares will be holding very tight I would think. Let's see if we get a TR1 after the 8th......... |
But somebody is.....7mn traded already. |
The force is strong here.
Feel free to disagree.
free stock charts from uk.advfn.com
There is no sign of a golden cross.
Still the spot on death cross.
40,000,000 new shares to be sold to mug punters at as high a price as possible before everyone realises they'll be no TR-1 and they have been aptly mugged.
Always amazed at the ability to ignore the obvious and follow blindly:
Be careful. |
Still disagree Helpful.
This is going North from here. Watch all the golden crosses in the next 6 weeks but frankly I have given up on most technical analysis on this stock.
Still think your £58.90 is a bit too optimistic but it may not be.
Do NOT be careful at these levels.
free stock charts from uk.advfn.com |
Fair to say the new investor is not dumping in the market like other fundraises. Very small funding too. Unphased here. Felt it was all getting a little close on cashflow.
I too feel this is a local Moroccan company looking for a slice of the action.
Glad the dilution was kept to a minimum. Says something.
New country investment ...might as well as sense divestment from some existing interest is not far away.
Yesterday was a stepping stone to something good imho. |
Purple is called as such as that is the colour of a bell end |
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