We could not find any results for:
Make sure your spelling is correct or try broadening your search.
Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
---|---|---|---|---|---|
Tethys | LSE:TPL | London | Ordinary Share | KYG876361091 | ORD USD0.10 |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 1.125 | - | 0.00 | 01:00:00 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
0 | 0 | N/A | 0 |
Date | Subject | Author | Discuss |
---|---|---|---|
22/5/2017 16:22 | Curious, would it be in Tethys' shareholders' best interest for company to go private? Would it at least be in Pope's best interest? I notice William Wells' other current involvement with a company (MultiVir -- hxxp://www.multivir. ____________________ The only positive I can get from this supremely awful stock is that the loans would not have been renegotiated just based on their threats of constant bankruptcy in every press release. Nor would the lawsuits have excited banks much. So maybe there's reason to believe in the future of our shares a little bit. I hope so... | benandemmiboo | |
22/5/2017 11:14 | Lets see what we have to go through this week whilst we all sit around waiting for this to be sorted. | temporarily insane | |
21/5/2017 12:32 | That Great Wall has accepted Tethys' hopeful goal of being able to pay with gas sales, etc, makes little sense to me if they are in such a tenuous situation themselves unless CNPC is a genuinely interested party. If CNPC is, could help possibly find a positive resolution to the Tajikistan mess. Just need to resolve issues with Olisol in as amicable a manner as possible in order for an acquisition to feasibly happen. Pumping stock hard to raise share price to above 8 cents Canadian would be an acceptable start. | benandemmiboo | |
20/5/2017 19:35 | Yes 1399Peter, that is why I proposed to Clive that the transfer could take place following the Voting record date of 24 May. All Capita has to do is transfer a copy of the UK Register electronically on 25 May. Let's see what they say, because they initially indicated that once the transfer takes place, they wash their hands off the process !. Seems inflexible !. | hguess16 | |
20/5/2017 15:47 | hguess So basically it looks like we can't transfer our shares into TD direct until they are listed and tradable on the TSX. | 1399peter | |
20/5/2017 07:30 | Thanks hguess and peantern This is all a bit of a mess really. As you say, seems a bit ridiculous in this day&age | 1399peter | |
20/5/2017 07:27 | Just a note on when it was decided to list on the LSE. Press release dated 25 July 2011. Tethys Petroleum lists on LSE Dr Robson " Our listing on the main lSE exchange represents a further major stage in the development of out company and will, we believe draw attention to our progress to UK and international investors". The Company is not raising any funds or issuing any new shares in connection with its listing in London and, accordingly, the interests of existing shareholders of the Company will not be diluted as a result of Admission. There will remain 260,629,769 ordinary shares of the Company in issue. " Very prescient ". Now at 508m shares. | hguess16 | |
20/5/2017 06:56 | 1399Peter and all affected. I have been in touch with TD,Clive Oliver,et all. The latest, I found out is that Capita will not transfer the UK Register until after the AGM as they want ensure a proper count of shareholder votes for the AGM on 23 June. Capita would then conclude the relationship with Tethys and then transfer the Register. Also expect a note on AGM/voting from Tethys on Monday 22 May. I have suggested to Clive Oliver that I find this approach by Capita as surprising in this electronic age where a copy of the UK register can be transferred to the Canadian Registrar after the 24 May voting deadline next week and there will be no possibility of duplication as there are 2 Registers ( Canada and UK ). Clive Oliver has agreed to contact Capita and suggest this idea. Note that Capita is a one country Registrar confined to the UK. I wonder who decided to go with Capita in the first place !!. As regards TD Direct, who I am registered with, they too are waiting for instructions from Tethys who are in turn waiting for Capita to transfer after the AGM. My Tethys shares are not in an ISA and TD told me that they are looking at a cross border transfer to Canada via their counterparty, UBS. I will believe this if and when it takes place. At present my Tethys shares show a code OROT with only a book value !. IMO, Nothing will happen until the actual transfer from Capita to the Canadian Registrar,(Rosa-Viei If my situtaion changes with TD, I will let you know. | hguess16 | |
20/5/2017 06:06 | Hi to Everyone. I contacted TD asking how long I would have to wait before the transfer went through and here is their reply. Thank you for your recent email regarding your Tethys shares. The stock has now delisted from the LSE but the process from here does not have a specific timescale. I have included for reference the relevant paragraph from the corporate action notice below: It is the Company’s intention to transfer the shareholder register to the TSX Trust Company register following the cancellation, and advise they will contact shareholders with further details in due course regarding the transfer of shares to the Toronto Stock Exchange. We will notify you once this information is released. Following the delisting, if the shares can be transferred to the Toronto Stock Exchange, due to the complexities of cross border transfers it may take a number of weeks for the shares to be deposited into the Canadian market. During this transition period the stock will not be tradable As yet we have not had further information or instructions from the company or their custodian, I can confirm that we are chasing the custodian as often as is acceptable to enquire about this but we cannot provide you with any further information at this time. We do appreciate that there are many Tethys shareholders on our system and that this is something that requires our regular attention, once we have received any update from the company we will let shareholders know immediately. I'm sorry I can't provide you with more information at this time but if there is anything else I can help you with please just let me know. Kind regards Mark Gallone&nb Peter | peantern1 | |
19/5/2017 23:19 | cheers redstone | 1399peter | |
19/5/2017 22:04 | I saw on TSX there was over 2.3 million in volume today at 2 cents. It was showing as sells but looking at the activity it looked like the MM dropped the price for a bit to trigger some activity so I'm not sure as the ask size dropped straight after that. | redstone64 | |
19/5/2017 21:57 | 1399Peter, I had exactly the same problem transferring to TD Direct from other brokers with the same message. They even showed one of my transfers in their account but then got a message that they cancelled even after saying they had agreed settlement a few days before!HGuess has suggested contacting Clive Oliver, CFO at Tethys for some assistance (see some previous posts for contact details). I plan to do this next week as the brokers themselves seem not to know what to do. | redstone64 | |
19/5/2017 21:14 | hguess/ anyone that cares Sorry lads I have been away, working unfortunately but back for the weekend. Question for you. I was contacted today by TD direct saying they can't transfer my shares into their ISA from my other nominee account as they are no longer listed on the LSE. Has anyone else had this problem with their transfer. TIA | 1399peter | |
19/5/2017 14:02 | I sold 20,000 shares... sorry, should have said "share sale". I guess my question concerns how the TETHF ticker has a BID and ASK that never corresponds to actual TPL price, and how some entity has been able to profit from it. If the shares drop to half a cent while I still have some on margin, then I am forced into "dump mode", which is very difficult to stomach when the Canadian price is the actual true price for the stock. Apologies if I haven't phrased this well. I don't think others trade on the dreaded TETHF ticker, so it probably only affects me here. | benandemmiboo | |
19/5/2017 13:46 | Ben I am confused. You say you sold and then refer to it as a purchase ? | parthus | |
19/5/2017 13:21 | Re: TETHF ticker, Google Finance always reports that there is an entity shorting the stock. Stock is now .01 cents based on a 100 share trade on 5/17 (that was presumably made solely to drop the share price, and make money for the entity that is shorting the ticker.) By taking the ticker to a penny, it lowered the total value of my Tethys shares to under $25000, which took me from having 8 thousand I could borrow on margin to having $3000 I owed on a margin call. And so, yesterday, in order to try and get out of margin call, I sold a small 20,000 shares-worth of TETHYS for .0147 cents (which I presume is 2 cents CAD). The share purchase did not make the stock price for TETHF rise, which was the whole point of the sale for me, as it would take my total value of TETHF shares over $25000 again... Anyway, just curious how can an entity be allowed to short a stock if trades made on that ticker are only selectively reflected on it. | benandemmiboo | |
19/5/2017 08:17 | Bugzzy, Where did you read that EGG has an exclusive right to buy oil from Tethys ?. Have you looked at the contract ?. Who or what is your reliable source ?. I have yet to see an Olisol website and who they are !. Please let me know if you have seen their website. I am puzzled and have yet to find out how and why Robson/Tethys ever got involved with Olisol, an exclusive and very private company in KZ, controlled by very private persons. | hguess16 | |
19/5/2017 04:02 | hguess16, As I understand from reading some of the press releases, the EGG has an exclusive right to buy oil, could it be that they have built a joint Terminal with Tethys? I do not understand why in Kazakhstan - Altyn Kyran cannot agree with Olisol? Why, as some say on this site - that Altyn Kyran is the powerful partner, yet is unable to deal with Olisol? All this makes me think that maybe it might not be the best partner to Tethys? Maybe this partnership could be a mistake????? | bugzzy | |
18/5/2017 20:23 | Hi Devonlad - very well, hopefully life is treating you likewise! hg - would agree with most of that - and do hope for long suffering shareholders sakes, the olisol roadblocks can be successful overcome in a reasonable timescale, so the cash burn/debt situation can be successfully managed to create some real value from what are still decent assets. | mount teide | |
18/5/2017 19:43 | MT, In hindsight, I would agree that the warning signs were there. I too accept that no matter how attractive the material assets are, the key is whether management is capable of using its best efforts in order to extract maximum potential in achieving the best commercial and financial rewards that follow. In the case of Tethys, the financial results have been dismal. What has sustained an inflated share price for years has always been related to " Deals " and promises of huge returns from these " Deals"; EG Sino Han and the Tajkistan " super giant exploration upside". In reality, the Tethys ship was running out of fuel ( cash) in order to sustain its over trading, over exploring mentality of the previous management. Now I think the new team has recognised that the company needs to focus on optimising its existing assets and improve its marketing and pricing strategies in order to achieve a positive cash flow. As far as PI's are concerned, the hope is that the new strategies succeed despite the roadblocks placed by Olisol. | hguess16 | |
18/5/2017 18:27 | Nice post MT, hope you are keeping well! | devonlad | |
18/5/2017 18:05 | hg - by any objective analysis, TPL and MPL has taught the investment community, that no matter how great the potential of assets(in each case extremely good) - the success of any investment is ultimately determined by the management's ability to extract value from those assets. In the case of TPL and MPL, the warning signs were there almost from the outset. Both management's quickly developed a perfect track record of value destruction with an audit trail hindsight suggests even Stevie Wonder could have spotted - a complete and consistent failure to ever come close to meeting, never mind exceeding a single operational or financial forecast they made(investors should take this as a massive warning sign in any company, regardless as to the quality of the assets and, immediately get out imo). This record of a complete and consistent failure to deliver by management, in a market with 20 20 vision, saw the share-price only move under gravity post IPO and, saw those foolish enough to be tempted to catch the 'falling knife' quickly find to their horror that it had in fact been welded by the respective Gucci suited management's to a 2 tonne anvil and, would be taking no prisoners as it mercilessly hurtled downwards on its way to inevitable administrative receivership. | mount teide | |
18/5/2017 17:46 | For as long as Olisol is fighting to get Tethys we can be sure there is still something worth fighting over..... | casual47 | |
18/5/2017 17:21 | Mount Teide, Very interesting resume !. It confirms my belief, albeit belatedly, that the accumulating losses in Tethys would have seen the demise of Tethys if Robson were still in charge. My hope is that the company might still survive if the current team is able to start drilling new wells and negotiate improved marketing and pricing contracts, despite the obstacles being placed by its former partner, Olisol, in KZ. | hguess16 | |
18/5/2017 17:15 | redstone64 spoke to Clive Oliver today on this telephone number 02078216128 hope this helps you. | roy1982 |
It looks like you are not logged in. Click the button below to log in and keep track of your recent history.
Support: +44 (0) 203 8794 460 | support@advfn.com
By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions