Sdx Energy Share Discussion Threads

[haywards26] 08/6/2022 12:12

IG just stated cash would be paid to the account upon deal completion with a currently unknown pay date as they don't deal with TSX.

I have contacted SDX investor relations also with this issue. Don't expect to hear anything of back of course.

[winnet] 08/6/2022 11:43

Haywards, my understanding is that brokers who do not trade these shares will be required to do some form of arbitrage on your behalf. Worth asking them.

[winnet] 08/6/2022 11:42

ned - who knows what it will be, the TNZ price could well drop back!

Of course, it could go higher, but equally, it could fall.

[haywards26] 08/6/2022 11:16

The TNZ share price matters diddly squat to UK PI's unable to trade TSX shares though...

[littlened] 08/6/2022 11:11

It is not a 10p offer!It was 10p when Tenaz was 2.19 but they are now 2.64 .A lot higher !

[winnet] 08/6/2022 11:00

Trouble is, PIs don't hold enough votes to make a difference.

You'd have thought Waha and M&R would not support a 10p offer... However, if Tenex rises over 3p... it makes the offer a little more attractive...

We are now a hostage to the TNZ share price.

[winnet] 08/6/2022 10:14

I am on II, they will deal with them.

I cannot believe in this day and age that firms like IG are not set up to trade on a major world index like this... Bonkers.

[royaloak] 08/6/2022 10:10

...looks like iii will deal in them, will have a further look at Canadian open.

[haywards26] 08/6/2022 09:59

Not good news, I have just had confirmation from IG that they don't offer TSX dealing so will mean all SDX IG private investors become forced sellers come completion of the deal...

[winnet] 08/6/2022 09:00

it does make us more attractive... this morning news. Praying for a white knight...

[tnt99] 08/6/2022 08:38

Let's see this climb above the really cheap offer and another serious offer made for sdx cerca 20p

[winnet] 08/6/2022 07:19

Just reminding to vote would be helpful. Remember, it's a no to reelect box and reid.

Great results

[slicethepie] 08/6/2022 07:11

Another success, makes the case for accepting this Canadian toilet paper even stronger ...not! AGM next week please attend

[baldguvnor54] 07/6/2022 15:36

You are right- the research I have read out of Canada is very positive on the deal- if Tenaz can keep their ratings post closing, then the combined business may trade at a materially higher level. just the management change has to be worth something. An effective see-through price of 16p looks easily attainable- 20p at apush. Maybe the NEDs/WAHA haven't done that bad a job getting Tenaz interested (just a pity they didn't get on with that a year ago!).
I see that two of the NEDs will be joining the combined Board- I wonder what fat contracts they have negotiated. Despite this i am minded to change my mind, support the deal, and hold thereafter

[haywards26] 07/6/2022 14:51

Would hope the merger synergies alone would give material uplift to the combined entities financial performance, that's before adding in better management of SDX's assets etc.

[haywards26] 07/6/2022 14:50

I thought dealing in TSX was very broker dependent. Is on my to do list to contact IG my broker for their position.

If I can hold I will post merger.

[littlened] 07/6/2022 14:25

TSX is an approved stock Exchange which any platform can deal with(if they wish).On completion they will receive the stock automatically and then will have to deal for their clients.
Very few PI's hold privately

[haywards26] 07/6/2022 14:16

Is the disparity not due to the unknown ability of many UK PI's to hold Tenaz (TSX) listed shares!?

[littlened] 07/6/2022 11:40

Yes there is no logic to the price differential here but Tenaz have increased by 20% here to 2.64 and analysts average price target is 4.67 so lots of value in the merged companies

[tombul] 04/6/2022 17:53

I see this move as positive as it gets for SDX shareholders. Finally, shareholders will get rid of MF blood suckers.

[thegreatgeraldo] 01/6/2022 15:02

Just had a look.... back in Q1 '17, at acquisition, net Moroccan production was 627boepd,



Q1 '22 net Moroccan production was 640boepd, albeit after the company chose not to renew a supply contract... a year ago net production was 1023boepd,



Still waiting for that deeper potential to be unlocked, or some liquids found.....

[thegreatgeraldo] 01/6/2022 14:53

Morocco has been a huge disappointment..... market for SDX's gas has barely grown for the past few years & the explo upside there seems to keep slipping into the future, as Steve Miller might have said...

...South Disouq...... whoopee-doo!!! That's been a huge success....

[tnt99] 01/6/2022 14:46

Is another predator about to pounce on sdx