Sdx Energy Share Discussion Threads

[tnt99] 30/6/2022 09:24

Net assets 72 million on the books ?

[tnt99] 30/6/2022 09:17

Plus what has happened to the share buy back! this is it but by another name we are all being shafted here with our own money the new company paying around 24 million or less if enough accept the bribe

[tnt99] 30/6/2022 09:15

Unfortunately that is unknown as I know little of the other companies prospects???

[littlened] 30/6/2022 09:07

well Tnt99,take the share offer and your faith on SDX value will be rewarded in due course with the newco

[tnt99] 30/6/2022 08:54

I repeat this share was 15-17 pence only last year!!!!

[winnet] 30/6/2022 07:54

11p PMSL!!!!

[winnet] 29/6/2022 08:12

thanks Littlened. Didn't know that.

[littlened] 28/6/2022 23:48

Michael Doyle says that Waha want out although this was generally well known in the industry .They are no longer interested in oil and gas and SDX are toddlers in their asset portfolio

[winnet] 28/6/2022 17:03

Waha want out. Who says?

[littlened] 28/6/2022 08:24

Waha want out,if they were going to sell before the merger I think they would have done so already

[winnet] 28/6/2022 08:15

TN99 - I am not sure our shareholding is enough to swing it! Hopefully, Waha grow a pair before the meeting

[tnt99] 25/6/2022 21:00

After all this share was 15-17p just last year

[tnt99] 25/6/2022 12:56

This deal in my view stinks of some back handers being given To management? and in my view must be voted down by shareholders?!

[tombul] 24/6/2022 17:08

Blood Suckers would never be ashamed of anything. They dont possess any integrity or dignity. That is why they are called blood suckers.

[slicethepie] 24/6/2022 10:15

What was wrong with buying back shares with the excess capital. There is no urgency to invest unless the project roi is very attractive so the buyback could continue funded by operational Cashflow. This deal was done at a low point for the share price and reflects utter laziness on the part of the bod, they should be ashamed of their behaviour. As for the toilet paper we are being offered enough said!

[littlened] 23/6/2022 12:19

This is a merger not a cash take over so SDX shareholders benefit from TNZ assets as well as retaining SDX assets on the conclusion of the deal.Based on the relative market capitalisations at the time the deal was struck TNZ was worth more than SDX,like it or not.Therefore they get the bigger slice of the cake.However our BOD feel that SDX need to be bigger to maximise their assets ,nobody else has yet made an offer,so this is the best they can do.Based on both share prices ,currency conversion, this represents over 25% increase at present with the expectation that newco will thrive as a larger enterprise with more astute management.

[baldguvnor54] 21/6/2022 10:41

Look at the votes cast at the AGM- despite all the "vote the Board off" comments the lowest vote for any director was over 96%- some over 98%. I would be very surprised if Tenaz hadn't got Waha and I&S votes already secured or were getting them secured - and therefore that the deal goes through with a sizeable majority- the two things that could derail is first a counter-offer from somewhere- which could only be good news- or second if Tenaz share price craters (they should have put cash on the table). Without something major happening I think the bid will go through despite all of our misgivings- this stock is effectively controlled by Waha, I&S and R&M

[winnet] 20/6/2022 17:44

What he said.

[littlened] 19/6/2022 22:11

Why wont Shareholders agree ?