Get a load of Eua about to pop!!!! |
+50%, third on the leader board.
ROFLMAO
Won't last long after a 150k sell I suspect |
MM s must be bored |
Clucking bell bones - posting on here at 21:21 on a Friday night?
All the lushers in notlob closed? |
Heard a rumour r2s is being looked at by a Saudi outfit for their oilfields and are willing to invest 50-100m. Watch this fly |
Lol good to see the humour still around guys. Have to say the spread is making this really appealing too. You could lose 50% of your money without the price moving lol. Still that would be a good result for anyone investing in sea in the last 2-3 years lmao.
On a serious note I wonder if the plant pots they have obtained over the years for the award winning camera setup might serve another use as urns for the management teams ashes. It would at least provide excellent compost for any plants someone tries to grow after |
Blimey! A 107k buy (£1800) just gone through.
Is that Remp averaging down? |
how much do they owe
the market is saying it is more than the assets are worth hence no real equity value |
What is unfit behaviour?
These are the key points that the Department of Business Innovation and Skills (DeBIS) seeks to ban directors on:
Failure to submit annual accounts to Companies House on time
Failure to submit annual returns to Companies House on time
Excessive salaries or drawings when the company was plainly insolvent
Trading on when he or she knew the company was insolvent (also known as trading whilst knowingly insolvent)
Continuing to take credit when there was "no reasonable prospect" of creditors being paid.
Misrepresentation of the facts about the company
Failure to respond or comply with a liquidator's requests |
There are rules that prevent directors running PLC's into the ground and then buying the assets themselves.
For a start, no director that runs a company into bankrupcy can be a director of any other company for 6 years, iirc. |
Might buy it myself if it drops a bit more! |
If they allow the company to collapse with debts what would shareholders be left to vote for? And what would stop the directors picking it up afterwards for a token amount and within a year or so selling it at a big profit? |
Phil - the company doesn't issue "we know of no reason for the recent fall in SP" RNSes - only "we know of no reason for the recent rise in SP".
However, we may get a new one soon - "we know of no reason why the share price has only fallen as little as it has".
Azioni - it's something I've been touting on here for quite some time.
The whole company now is worth < £1m. Even if JAW doesn't buy it himself, why should anyone who wants R2S pay anything approaching its value when they can simply buy the lot and fire the whole of the SEA board and be left with a profitable company and 18m LOGP shares?
I'm actually quite surprised Rempy hasn't had a punt. |
They are only able to that if shareholders vote for that. I would rather lose it all than give these clowns any reward. |
Let's hope it is not the old directors' early retirement plan trick! You drive a company into the ground followed by a managers' buyout for a few quid and then magically the company recovers and they get a nice windfall from selling it for what it was actually worth in the first place. |
Must be time for another of those "we know of no reason for the recent fall in SP" RNS's.
1p v 2p 50% spread.
Don't know who is the more incompetent JAW or George Osborne. |
"Now the Oil Market seems to be on the rise and about to consolidate around $ 40 and is on it's climb to the next support level of $ 51 -- $ 52"
Is it, jumbone? So unlike the rest of us poor mortals you can see into the future, can you? |
Good find Phil I have to say ousting remp for these morons was the worst move ever. They should never get employment again as they are clearly bone idol and incompetent imo |
from nothing to half nothing
almost all projects have negative NPVs |
"dramatic leap in oil prices" - are we not witnessing that now? In less than 4 weeks the POO has gone up almost 50%? |
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