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 |
---|---|---|---|---|---|
Trinity Exploration & Production Plc | LSE:TRIN | London | Ordinary Share | GB00BN7CJ686 | ORD USD0.01 |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
-3.00 | -7.69% | 36.00 | 35.00 | 37.00 | 37.00 | 34.50 | 37.00 | 195,958 | 08:27:12 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
0 | 0 | N/A | 0 |
Date | Subject | Author | Discuss |
---|---|---|---|
15/3/2016 17:08 | Yes final shake that last one. I wish I had not been more hammered in the rest of my portfolio as 1.8p yesterday was a gift. | mark10101 | |
15/3/2016 13:35 | Pretty much put the bid back up to where we were before yesterday's news....if they do re-finance this has some serious legs, market cap is tiny!If it gets to around £22M that's 10x current prices | awise355 | |
15/3/2016 13:33 | cheers mate:) | comedy | |
14/3/2016 21:25 | BUST soon. | the legendi | |
14/3/2016 21:03 | I could lend them a fiver!! | ffp | |
14/3/2016 14:16 | Hi Lazarous, interesting. I still interpret things as stated earlier, they state the "seller was unable to satisfy the required conditions" as we are the sellers that would suggest they are blaming us for it not going through. I do agree with you on selling the the best asset (in current oil price conditions) looked a bit short sighted and I prefer to remain whole and seek proper financing if the markets now allow. | mark10101 | |
14/3/2016 14:11 | mark10101 14 Mar'16 - 13:51 - 2710 of 2711 0 0 Personally I think Trin realised that without the land based production they were phooked, as the offshore is probably unprofitable at current WTI and would have eaten into any cash reserves; therefore necessary to retain the land based assets to subsidize offshore production. Probably Trin failed to provide all the info on purpose, causing the deal to collapse. I was in touch with TXP very recently and I was informed that the only thing holding up the deal was T&T approval, rather than anything to do with Trin...so I think the email response from TXP was bs! From TXP today Touchstone Exploration Inc. ("Touchstone" or the "Company") (TSX:TXP) announces that the previously announced agreement to purchase certain Trinidad onshore producing assets for US$20.8 million (the "Agreement") has been terminated pursuant to the terms of the Agreement, as the seller was unable to satisfy the required conditions precedent prior to the March 13, 2016 backstop date. | lazarus2010 | |
14/3/2016 13:56 | This is interesting.Trin cancelled so they have more than a desperate aset sale. Looks very positive if they can re-finance and survive with the share issue in roughly the same form as now then this could really motor upon good news! | awise355 | |
14/3/2016 13:51 | They blamed TRIN for the deal not going through. Why would a lower bid work. Why did TRIN not want to proceede with the deal. Could it be the debt markets are thawing and reserves/production based lending is now an option for Trin. It worked for Touchstone themselves, maybe TRIN have decided this is the best route forward. It is the one I prefer. | mark10101 | |
14/3/2016 13:19 | TXP to put in a new lower bid based on lower Poo? | jamesiebabie | |
14/3/2016 13:15 | It explains clearer the deposit situation but also shows they are still interested in the assets. Like I posted earlier I would prefer to see Tinity properly debt financed and with all assets in tact, let's hope this is somthing that the managment can achieve fairly quickly. | mark10101 | |
14/3/2016 13:11 | Interesting | mark10101 | |
14/3/2016 10:51 | See that the car crash continues here. My holding down to less than a tenner now - sits like a sore in my PF | davr0s | |
14/3/2016 10:37 | Buyers coming in now; debt is a problem but the steady increase in WTI should make refinancing considerably easier. | mdw1 | |
14/3/2016 09:40 | Jungmana $2.08 million is to be released to Touchstone,not to Trinity. Is not that what the statement said? Cost cutting has been heroic and on balance I am pleased the sale did not go through, but the co. Is still lumbered with $40 M debt,that's the killer. | retsius | |
14/3/2016 08:57 | ross...ive rejigged a few this morning..done classic mistakes..ie solld the winners and bought more losers...will no just forget about all the stocks for a month or so...lets see which horses survive...and which get put down...if lg carry on selling here and placing??? then who knows how low they will take it...the joys of aim stocks one week...up almost £25k in portfolio...next week down £15k??? gl hope all works out on your stocks..take care. | comedy |
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