Sdx Energy Share Discussion Threads

[croasdalelfc] 20/9/2018 13:54

?P assets so it's an rTo

[john henry] 20/9/2018 13:53

Apparently mentioned on Bloomberg SDX buying BP assets ????

[thegreatgeraldo] 20/9/2018 13:52

PW has been talking about a deal for a long, long time..... although not so much in recent months that I've noticed

[shakeypremis] 20/9/2018 13:51

I would go with acquisition based on the above.

[9tintin] 20/9/2018 13:51

Admission of new shares to facilitate a take out of AN Other co??

tintin

[ifthecapfits] 20/9/2018 13:50

Got to be a Take over or acquisition I would say.

[fozzie] 20/9/2018 13:49

Pass. Anyone any ideas?

[ifthecapfits] 20/9/2018 13:48

I hope its not a awww..

[shakeypremis] 20/9/2018 13:44

It says 'pending an announcement and publication of an admission document.'

[ifthecapfits] 20/9/2018 13:41

I've got a bundle in here.

[ifthecapfits] 20/9/2018 13:41

It had better be good news.....

[the drewster] 20/9/2018 13:40

Merger? or fleeced?

[ifthecapfits] 20/9/2018 13:38

Suspended!

[thegreatgeraldo] 13/9/2018 16:51

R&M doing the hokey-cokey

[thegreatgeraldo] 13/9/2018 16:50

It says the stock is held for discretionary clients..... so different clients with different managers acting independently & nobody overseeing the overall position?

[wisteria2] 13/9/2018 16:44

Yes indeed! it looks like the confusion is with River & Mercantile, someone has been buying while someone else has been selling depending on what state of mind the manager was in!

[shakeypremis] 13/9/2018 16:32

Two previous notifiable positions. Remember, if they had circa 3.5% in March and 7.2% in July, then they bought shares, went over 5% and should have notified. That's 1 missed filing. Then they have to have been below 5% recently in order to yesterday have crossed above 5%, so since July they have to have sold down going below 5%. That's 2 missed notifications.

So they've been buying and selling a lot of shares and not notifying.

[ifthecapfits] 13/9/2018 16:29

bit of action at the end there.....

[shakeypremis] 13/9/2018 16:25

I've just thought of something else too. If the SDX website is right and they held 3.42% on the 28th March 2018, then to get to the Edison figure in July they would have had to have bought ~4%, going over 5% to do so, again without notifying.

I think Edison must be wrong but if they aren't something very fishy is going on here.

[shakeypremis] 13/9/2018 16:16

TGG, I agree. Don't they have to have bought shares here? They crossed a 5% threshold. And the only way you can cross a 5% threshold and end up with 5.2% after doing so is if your holding beforehand was less than 5%. So they have to have bought shares recently after presumably selling a lot earlier in the year but they never notified about that did they as they would have crossed 5% to the downside. I am very confused.

The July Edison note has them holding 7.2%. So in order to today, cross from below 5% to above 5% they have to had bought shares but to get to below 5% before today after July they have to have sold shares since July and bought a lot of them back recently.

What is going on here? Are these holdings numbers wrong or did they just not notify selling down below 5%. Have they been trading SDX?