Sdx Energy Share Discussion Threads

[jimboau] 28/2/2019 13:16

The excuse is a crock!

[shakeypremis] 28/2/2019 12:52

I personally don't believe SDX's line that the de-list is being done to save on costs. On the TSX if an entity holds more than 20% of the stock they must issue a takeover offer. On the AIM however, they can hold up to 30% before issuing a takeover offer. I personally think the de-list is either allow a takeover by the top holder (possibly in concert with the second largest holder), MEA Energy, who last year changed their name to SDX SPV Ltd or to simply allow MEA to acquire a larger stake in the company. They do have a person on the SDX board after after all, Michael Raynes.

[jimboau] 28/2/2019 11:56

It's a major dummy spit & all because the TSX won't put up with the stunts they are surely looking to pull on the cesspit called AIM? What price 'freedom' eh?

[shakeypremis] 28/2/2019 11:35

TSX holders can transfer to various brokers that will hold the AIM listed stock for them. Such as Interactive Brokers. There are others.

Some entity must be buying all these dumped shares. They aren't going in to the ether.

[jimboau] 28/2/2019 11:06

Management have thrown this at the mercy of the market here surely? TSX holders have no option but to dump shares, no? 3 months of dumping, multi year lows on the way?

[shakeypremis] 21/2/2019 12:04

Tell me about it.

[ifthecapfits] 21/2/2019 11:37

In the meantime it if quite frustrating to be down at these levels.

[quemaster] 20/2/2019 18:34

Still holding after I sold BVC to buy SDX, BVC has since doubled in price, F@@k!!!

[shakeypremis] 20/2/2019 18:25

Ghost town here. Has everyone sold out or something?

[neo26] 14/2/2019 13:15

shakey

it does make sense, i recall a while ago when mea took shares in a placing wasnt quite sure if sdx actually needed cash at the time.

Lets see, i believe once SD is online they can quickly increase production. They are drilling two more wells in SD this year maybe they might get to 100mmcfd through the pipeline.

Mkt missing something here, i can see £1 by year end.#

IMHO

[shakeypremis] 14/2/2019 12:43

Neo26, could it perhaps be this;

I suspect this move away from TSX is about more than just saving money (exactly how much money would this save anyway? - I will try to work this out later). On the TSX a shareholder holding 20% or more shares in a company is obliged to issue a takeover offer if I am not mistaken. On the AIM, this limit is 30%. This would allow the newly re-named MEA Energy (now interestingly called SDX SPV Limited) who currently hold ~19.5% of the shares and possibly also Ingalls and Snyder who hold ~18.5% to buy another 22% of the company between them, taking the total of their two holdings to 60% of the company.

I do hope we are not about to be mugged off and taken private, or perhaps sold off on the cheap to another interested party with MEA Energy etc happy to take say 80p or something. If this is happening, PW etc must be in on it and set to be rewarded handsomely.

[neo26] 14/2/2019 12:41

i think the mkt has gone looney, when you have companies like panr which are valued more than companies actually producing.

this should easily be 70p, cant wait till they delist from tsx maybe then this can move.

there has to be a reason why directors want to come off TSX its not to save on listings thats for sure.

[ifthecapfits] 13/2/2019 08:29

All gone a bit flat this one - following BP shenanigans.

[matchmade] 08/2/2019 08:24

Judging from tombul's enthusiasm for the word, she appears to be peddling us "fake news". I am getting a distinct whiff of a fake account being run by an automated Russia-based newsbot: the constantly repeated key words, the robotic self-assurance, the lack of any prose style or redeeming humour . . . it all adds up.

[cwmwillis] 08/2/2019 07:32

Tombul, looking good butt!!

[tombul] 08/2/2019 03:25

Paul Welch, Dilution Lover, Mr. Pinocchio of SDX Energy, commented:

"We are very pleased to be expanding our fake production in Morocco, which we see as a key misleading and deceptive opportunity for further fake gas and oil discoveries. Both of these fake permits offer significant fake production potential and are located adjacent to our non- existing operations and non-existing infrastructure, so can be tied into our virtual facilities quickly. The award also gives me and our partner to mislead and deceive many many more unsuspecting investors over the entire onshore Gharb Basin"

[cannuckoiler] 07/2/2019 21:30

Good news maybe matchmade 100 sq km area....over here vol 284k on TSXV above avg. and a dropping price to a low of 37.60p

[matchmade] 07/2/2019 17:56

Ah, ADVFN has failed to accept my URL. Let's see if this works:

Go to Proactive investors dot co dot uk, then "/companies/news/214146/sdx-energy-expands-morocco-footprint-with-new-licence-awards-214146.html".

[matchmade] 07/2/2019 17:54

Proactive on a renewed and a new licence in Morocco, including details of 3D survey and drills that SDX has committed to undertake:

[...]

PW: "We are very pleased to be expanding our acreage in Morocco, which we see as a key growth region for SDX going forward . . . Both of these permits offer significant underexplored hydrocarbon potential and are located adjacent to our existing operations and infrastructure, so can be tied into our facilities quickly. The award also gives SDX and its partner control over the entire onshore Gharb Basin.”

[cannuckoiler] 06/2/2019 18:57

hxxps://www.benzinga.com/content/12940401/rambler-metals-mining-plc-announces-voluntarily-delisting-from-tsx-venture-exchange
A good case study of what will happen to the Canadian share holders ,keep in mind that this is about a company that is selling for .03 cents Canadian.And I think are in the red.

[cannuckoiler] 06/2/2019 18:37

The main cost of listing on the TSX venture is at the start...the fees after that are minimal....unless you are having a hard time to comply with the rules



If you check out the link you can see the lesser cost for listing on the TSXV VS TSX
Again this is start up cost , the biggest part is getting in....loss of exposure to both markets to save a little doesn’t fly with the objectives of growing ...IT DOES NOT SMELL RIGHT...