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SDX Sdx Energy Plc

0.26
-0.01 (-3.70%)
31 Jan 2025 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Stock Type
Sdx Energy Plc SDX London Ordinary Share
  Price Change Price Change % Share Price Last Trade
-0.01 -3.70% 0.26 08:14:06
Open Price Low Price High Price Close Price Previous Close
0.25 0.225 0.26 0.26 0.27
more quote information »
Industry Sector
OIL & GAS PRODUCERS

Sdx Energy SDX Dividends History

No dividends issued between 01 Feb 2015 and 01 Feb 2025

Top Dividend Posts

Top Posts
Posted at 27/1/2025 23:57 by 1shareguru
What income are sdx making to cover loan?
Posted at 27/1/2025 14:50 by littlened
Also I understand that SDX are confident they can refinance the loan at a cheaper rate elswhere
Posted at 27/1/2025 13:33 by 1shareguru
How does sdx plan to pay aleph in july? Another 20% interest loan?
Posted at 27/1/2025 11:53 by littlened
Guru,I dont mind contrary opinions but cant stand incompetence.
Rethe vote, 82 85%or 85,990m voted for de;isting and 17.15% or 17.15% voted against so a switch of 6m votes would not change the outcome.
Re my vote I said that I would vote for delisting and gave my reasons clearly.I then became aware that there was a possibilty that my platform may not admit a private comany ,in which case I would vote NO.The platform then confirmed that they would accept SDX as a private company and as a result voted YES.In any case how I voted should have no bearing on how others voted,
So get over it and support SDX as a private company.
Posted at 16/1/2025 09:37 by roman2325
Winnet: the facts remain they have been looking for funding for several years now...and the only responder was Aleph! If SDX get investment anywhere else...they would (half of their payroll come from a Corp Finance background). We all agree that.

And Ned: if you follow the private energy business you will have seen the growing number of headlines where traders/execs are pulled in front of the US, English, Swiss courts charged with bribery and corruption. THat is how you do business in Africa, Asia, Latin America, Russia.....and lots of parts of the world that haven't hit the woke button like the UK. THis is part of the industry. So when you want to do a deal with someone that might push the boundaries of what is ethical....you want as few people to know about it as possible. THis is not a conspiracy theory - you can google all of this. THe sooner SDX can remove the prying eyes, and the sooner they can kick out the army of small PIs who add no value at all, the easier it will be to sell off assets and do deals that work in the boards interest...and no one else.

It is non-sensical to own this stock today
Posted at 24/12/2024 12:05 by neo26
What happened to this?SDX Energy Plc (AIM: SDX) is pleased to announce that it is partnering with Aleph New Energies ("ANE"), via a Memorandum of Understanding, to explore and to develop projects in the alternative energy sector. The parties will consider any projects deemed to be alternative energy, including, but not limited to, alternative/noble gases, energy infrastructure, solar, geothermal technologies, energy storage, gas and carbon storage and waste to power. As part of the partnership SDX and ANE will work together to provide technical and commercial support to identify and develop projects; additionally, ANE will provide the financing for such projects.Jay Bhattacherjee, Executive Chairman commented:"We are delighted to announce this joint venture between SDX and Aleph New Energies. This is the first step in SDX's move to become a true energy transition company, focused on delivering shareholder returns. SDX will utilise its in-country expertise, market position and infrastructure to increase its revenue stream by offering additional products to its existing customers and attracting new ones. Aleph New Energies brings considerable industrial, market and financial knowledge and capability, and the combination of our respective skills positions us well to address attractive market opportunities."
Posted at 19/12/2024 09:12 by roman2325
So if I understand you correctly Winnet you want the shareholders to vote against this - so SDX continue as usual. Then they sell SD for something way in excess of £8m, pay back Aleph and the creditors and then 'the balance is returned to shareholders' i.e. SDX is actually an investment trust.

Is that correct?
Posted at 11/12/2024 16:42 by roman2325
You're right Ned - you're never seeing 0.6p again

Any party interested in investing, and I can count them on 1 hand, will not want private investors onboard. To be clear: SDX has been looking for investment for 3 years, it never found it. And it is in a far worse state today than it was then.

The only investors left are private energy companies, who want access to the final product. And today SDX produces very little. So again, the vast majority will dismiss it because the due diligence is just not worth their time.

I am highly sceptical that they have found investment, but I suspect Aleph has found an off-taker. Who is aware the state SDX is in, and has agreed to advance a sum against future delivery....at a massive discount. Everyone was crowing for Citic 6 months ago, where are they now.....?

If you're a PI, take the loss and sell out whilst the bid is still there. You will never see a better price than that today
Posted at 10/12/2024 09:59 by roman2325
Ned: they are calling the shots now, they have security over the assets. They know they have SDX over a barrel, they know SDX have absolutely no chance of paying them back....it is delusional to think they wont have a plan in place for when SDX fail to pay them back (again).

They are investors, not explorers. They have zero interest in running an E&P business, they want to get it off their hands, and turn a profit. And if you work in the business, which is sounds like very few on here do, you will know there are only a few options available to them.

All the major shareholders will know what is going on, they will all have been consulted first. Just look at the facts and forget what you want to happen - I have been calling this for 12 odd months lol
Posted at 05/10/2023 07:35 by tomboyb
SDX Energy PLC Contract (7423O)
05/10/2023 7:00am
UK Regulatory (RNS & others)

Sdx Energy (LSE:SDX)
Intraday Stock Chart

Thursday 5 October 2023

Click Here for more Sdx Energy Charts.
TIDMSDX

RNS Number : 7423O

SDX Energy PLC

05 October 2023

5 October 2023

SDX ENERGY PLC ("SDX" or the "Company")

SDX/CITIC GAS PREPAYMENT PARTNERSHIP UPDATE

SDX is pleased to announce that, further to its announcement on 13 September 2023 where the Company announced a Gas Prepayment Heads of Terms ("HoT"), the prepayment amount of c. $1.9 million has now been received from DIKA MOROCCO AFRICA, a 100%-owned subsidiary of CITIC Dicastal, which is a subsidiary of Citic Group, a Chinese holding company with a corporate portfolio approaching $1 trillion.

This prepayment shows evidence of a deepening partnership between SDX and CITIC Dicastal, which is the Company's largest offtaker and has an increasing and immediate demand for SDX's gas.

The funds will be used primarily to pay the costs of drilling the KSR-21 well in Morocco.

For further information:

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