Share Name Share Symbol Market Type Share ISIN Share Description
Sdx Energy Plc LSE:SDX London Ordinary Share GB00BJ5JNL69 ORD 1P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.0% 23.50 23.00 24.00 23.50 23.50 23.50 337,355 08:00:00
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Oil & Gas Producers 42.1 5.6 0.1 313.4 48

Sdx Energy Share Discussion Threads

Showing 8101 to 8118 of 8375 messages
Chat Pages: 335  334  333  332  331  330  329  328  327  326  325  324  Older
DateSubjectAuthorDiscuss
19/8/2019
21:56
‘Reminding them of their mid August...’ Tut tut as if they need a reminder from a shareholder. What next ?
4mrb
19/8/2019
17:16
Sent an email to SDX last Thursday reminding them of their mid August date for arrival of CFP on site. Requirement to update shareholders either way if arrived or a delay as it is a 2nd milestone. Not heard back. Mid August could be stretched to end of this week I guess, but poor show if no news by then, bearing in mind the importance of gaining shareholder trust back.
greenrichard
19/8/2019
16:21
Just bought in. Was involved prior to SD-1 and think this is very cheap IF the board can deliver SD by Q4. Hopefully half year results (out by end of aug) should highlight progress at SD (2nd milestone hit maybe?)
lptuf93
19/8/2019
13:22
Hope not or i will be working till i am 75!!!!!
cwmwillis
19/8/2019
12:46
Hopefully it's not actually us who are the crazy ones.
shakeypremis
16/8/2019
15:11
Be greedy when everyone else is crazy ;)
cwmwillis
16/8/2019
14:59
mkt has gone crazy. :)
neo26
16/8/2019
14:51
i can imagine we would get update in 6 month results which will be out shortly. Cant believe this is valued under UKOG....
neo26
16/8/2019
14:46
I'd be happy to just be updated saying it has reached customs. At least we'd know it was in Egypt.
shakeypremis
16/8/2019
14:44
maybe letting us know they have cleared customs with the CPF skids and compressors will increase confidence. "Preparations for the second key project milestone, the shipping of the CPF skids from Abu Dhabi and compressor from Houston to Egypt, have commenced and arrival on-site is anticipated in mid-August 2019, subject to satisfactory customs clearance in Egypt."
neo26
16/8/2019
09:35
MR was there and probably done a PW on them and spun a yarn with timescales. Good news is that they have not sold any shares so hopefully they are just sitting on their hands & waiting for SD and the future drilling. Remember they have a lot more info than ourselves!! Bad scenario is they increase to 30% then look for the takeover. 50% of the 70% is only 35% (of current)which would be obtainable i recon. Was involved in both IAE & FMP and found that when somebody is intent in the takeover it happens. The FPM article highlighted how well the Board done out of the Delek deal even if they didn't want it. Although i am now getting into if/buts/maybes so i will now stop.
cwmwillis
16/8/2019
08:36
"The deal requires that holders of more than 50 percent of shares not held by Delek accept the offer." If that would apply in the case of SDX and it's Waha looking to buy out then they'll need another 40% (50% of 80% remaining shares is 40%) of outstanding shares to vote along with them. If Waha don't want it but and want to sell the company as they in affect control the company then any suitor would simply need 50% to vote in favour of any takeover offer recommended to shareholders by the board. Doesn't make sense for Waha to sell like this though as they could have just dumped earlier at a higher price than today.
shakeypremis
15/8/2019
18:56
Shakey Bit of reading for you https://www.bbc.co.uk/news/uk-scotland-scotland-business-46807003
cwmwillis
15/8/2019
16:17
hxxps://www.burges-salmon.com/news-and-insight/publications/guide-to-public-takeovers-in-the-uk/#offer-structures Not sure where I got the 66% percent figure from but found the below; =================================================================================== 1. Contractual takeover offers and schemes of arrangement Public takeovers in the UK are implemented by either a contractual takeover offer or a scheme of arrangement. Under a contractual takeover offer, the bidder makes a general offer to all target shareholders. Shareholders are sent an offer document containing information on the bid and the bidder. The bidder must secure acceptances over shares representing more than 50% of the target’s voting share capital to declare the offer unconditional. Acceptances over shares representing 90% of the target’s voting share capital are required to squeeze out the minority (and thereby enable the bidder to acquire all of the target's voting share capital). Given that bidders typically aspire to acquire 100% of the voting rights in a target company, it is therefore usual for the acceptance condition to be set at 90% (rather than 50%), but for the bidder to have the option to reduce this threshold to shares carrying over 50% of the voting rights. A scheme of arrangement is a statutory mechanism which is an alternative to a contractual offer. It is a formal arrangement between the target company and its shareholders, which is governed by the Companies Act 2006. A scheme of arrangement must be approved both by the shareholders of the target company and the High Court. In particular, a scheme of arrangement requires approval from shareholders who constitute a majority in number of each class of shareholders who are subject to the scheme of arrangement and who are voting at the meeting. This majority must also represent at least 75% in number of those shares which are voted. The main advantage of a scheme of arrangement is that, if successful, it will bind all shareholders (regardless of whether, or in what way, they voted). However, due to the High Court’s involvement, schemes of arrangement are less flexible structures than contractual takeover offers.
shakeypremis
15/8/2019
16:11
shakey Sorry but I think you are wrong it's just 50% + 1 same as in a parliamentary election or a vote in the House of Commons a simple ,ajority will suffice
tournesol
15/8/2019
15:58
I don't think it is when it comes to takeovers.
shakeypremis
15/8/2019
15:48
Shakeypremis 66%????? How so? Surely it's a simple majority ie 50% + 1
tournesol
15/8/2019
15:06
Will be taken over before it gets to 10p.Imho
neo26
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