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RBD Reabold Resources Plc

0.07
0.00 (0.00%)
12 Jul 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Reabold Resources Plc LSE:RBD London Ordinary Share GB00B95L0551 ORD 0.1P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 0.07 0.065 0.075 0.07 0.0675 0.07 45,910,408 09:41:56
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Mgmt Invt Offices, Open-end 560k -45k 0.0000 N/A 6.91M
Reabold Resources Plc is listed in the Mgmt Invt Offices, Open-end sector of the London Stock Exchange with ticker RBD. The last closing price for Reabold Resources was 0.07p. Over the last year, Reabold Resources shares have traded in a share price range of 0.0585p to 0.1325p.

Reabold Resources currently has 9,876,625,883 shares in issue. The market capitalisation of Reabold Resources is £6.91 million.

Reabold Resources Share Discussion Threads

Showing 14476 to 14497 of 15275 messages
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DateSubjectAuthorDiscuss
13/12/2023
07:31
Satter's holding of 40% in Daybreak and Cuttaneo are probably worse for RBD shareholders than the gruesome twosome.

Look at ZEN share price over the past 5 years.

sleveen
11/12/2023
11:19
We have been told as little as possible by the scumbags & are now starting to get snippets from KS & co rather than from the 2 fools.deplorable.
uggy100
11/12/2023
09:48
I have always had serious doubts about the deal structure but now my confidence in the project is evaporating too. after the latest deal LNe have been issued 1.3 billion shares in total...shareholders should be told if there is a time restriction on the sale of these shares
likeawalrus
11/12/2023
09:37
You have to admit it smells a bit.
uggy100
11/12/2023
09:36
Maybe not law but it doesn't sound good to me. It just indicates the dubious reputations of the directors at LNE.
uggy100
11/12/2023
09:28
sorry uggy, just read the letter from the requisitioners - my understanding from the letter is that the shares were issued to LNe but then transferred from and by LNe to individual Directors. Whilst this does seem odd, I doubt RBD has any say over what happens to the shares unless there is a restrictive covenant as part of the deal, eg shares cannot be sold before X date. (I have previously questioned this). If there is a restriction in place, does a "transfer" equate to a sale? imo yes - all just speculation on my part
likeawalrus
11/12/2023
09:02
"...while the remaining £900,000 will be satisfied through the issue of 486,486,487 new ordinary shares of 0.1p each in the capital of the Company ("Ordinary Shares") at a price of 0.185 pence per share to LNEnergy Limited"

uggy why do you believe the shares have been transferred to the directors, have I missed something?

likeawalrus
11/12/2023
08:32
Heid oil posted correspondence purportedly from the requisitioned, if true it looks like a disaster & we've all been conned.
It appears the RBD shares issued have been transferred to the directos rather than held in LEE'S name ! I fail to see how that can be remotely legal.

uggy100
11/12/2023
07:30
could have been worse, issued at .185 instead of market price - a small blessing
likeawalrus
11/12/2023
07:18
RNS this morning - exactly as I predicted on 05/12

"... followed by another top-up of LNe - part cash, part issuing shares"

likeawalrus
10/12/2023
15:33
Most of the excitement here seems to be about the forthcoming EGM, whenever that's going to happen, so I thought I'd take a look at the Colle Santo CPR (Competent Person's Report) prepared by RPS in September '22. There seems to be a lot of detailed technical information within it, but IMO there is also quite a lot that isn't being said about the asset that S&S are "betting the farm on". For example, why haven't RPS shown any really useful seismic lines? The 2D seismic data used to compile the map is sp*rse and pretty ancient. It's actually mainly old dynamite and other 2D data, all seemingly based on different datum levels. And RPS haven't shown us any useful well logs, well correlation panels, or interpreted petrophysical log. All in all, the CPR seems a bit thin to me. I'm wondering if any one else has had a look too? Thanks, GP
greypanther2
09/12/2023
15:05
excellent, thanks steelwatch
likeawalrus
09/12/2023
14:44
Revised requisition signed by Pershing Nominees:
steelwatch
09/12/2023
13:32
Europa shareholders have had their GM requisition refused by WH as it has come from shareholders with nominee accounts, that is, they are not on the register, their brokers are. As such, WH has stated it does not comply with the regulation therefore legally he cannot accept it as valid.

Has the RBD requisition come from shareholders who hold their 5% on the share register or have they somehow used their brokers as a proxy? thx.

likeawalrus
08/12/2023
08:56
A company’s Articles of Association may permit it to purchase its own shares. Before 1 December 2003 if a company purchased its own shares it was obliged to cancel them. From 1 December 2003 the Companies Act allows a listed company to buy back its own shares and hold them ‘in treasury’ without cancelling them. For this purpose ‘listed’ includes shares dealt in on the Alternative Investment Market (AIM) of the London Stock Exchange. A company that holds its shares in treasury can sell those shares back into the market or cancel them.

Shares held in treasury are still officially issued share capital, the holder being the company. But, because a company cannot have rights against itself, the rights of shares held in treasury are suspended. The company cannot vote in respect of those shares, nor can it receive distributions (including distributions in a winding up) in respect of them.

likeawalrus
08/12/2023
08:44
Who has the voting rights for the shares from the buy back ?
wisteria2
08/12/2023
08:18
LAW...Good to see more skin in the game...Oza's
wisteria2
07/12/2023
17:46
20m, 29m, and 59m trades just showing
currypasty
07/12/2023
15:49
rns says Oza's have increased holding to 4.05%

topped up 03.11 when the share price was sub 0.1

likeawalrus
07/12/2023
14:18
any ideas when the EGM will take place ?
currypasty
07/12/2023
01:50
Curry I don't think they have the funds to continue the buyback. I reckon the share price languishes as if we have to bail out Rathlin it'll take all the Shell money received plus a bit more to get it across the line. We also have the LNe increased stake to fund with potential eye watering dilution for us.
As usual the chuckle brothers have backed RBD into a corner.
They have to be ousted ASAP.

uggy100
06/12/2023
14:57
last share buy back was in July, any ideas why they stopped?


"Following the share buyback, the Company will have 9,876,625,883 Ordinary Shares in issue, and 111,572,837 Ordinary Shares held in Treasury."

(120k's worth of shares... pretty much useless)

currypasty
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