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| Share Name | Share Symbol | Market | Stock Type |
|---|---|---|---|
| Wessex | WSX | London | Ordinary Share |
| Price Change | Price Change % | Share Price | Last Trade
|
|
|---|---|---|---|---|
| 0.00 | 0.00% | 12.75 | 01:00:00 |
| Open Price | Low Price | High Price | Close Price | Previous Close |
|---|---|---|---|---|
| 12.75 | 12.75 |
| Top Posts |
|---|
Posted at 04/5/2014 16:24 by smalltimeinvestor Seems odd/improper to release this info via leaks to the press. I've also heard that they've been talking up their plans to some of the major shareholders. Doesn't seem right to me that they are leaking price sensitive information rather than releasing an announcement through an RNS. It would be nice for us private investors to know what is going on! |
Posted at 23/4/2014 16:26 by stockonomist it's ok the big boys will decide the vote not retail investors |
Posted at 17/4/2014 15:52 by smalltimeinvestor I agree. They've clearly made a mess of the company. Their strategy was to focus on Guyane and in hindsight that was the wrong strategy. Why can't they just leave and give someone else a chance to bring it back? The reason is clear to me - Yeo & co are desperate to keep their inflated salaries and expense accounts to the detriment of all investors. I've heard that Yeo/Butler are not well thought of in the City because of their performance and treatment of the major shareholders over the years(not just with WSX). Additionally I've heard that finding new positions to replace their lost income may prove impossible which is why they are hanging on when any clear-minded person would know it is time to go. |
Posted at 05/4/2014 17:10 by 412069 Small, they only need to contact a few individual investors and in a way give them the heads up to bring them on side. Hugo's already told you his holding on this BB so that will tell you he owns more the Mr Yoe ho and I've a good few to.Unless Yoe and co pull a rabbit out of the hat ( which with the last rns it bountiful ) a new starts about to happen. |
Posted at 01/4/2014 09:51 by smalltimeinvestor cl2201 - I agree. I cannot see how Yeo/Butler could convince any investor that their leadership has been effective or successful. With the stock price down 90% and the loss of Juan de Nova and the English licenses it should be obvious that it is time for a change. Finally, if it wasn't for the Milroy share purchases we would likely still be languishing at .3p. So we can already thank them for a 100% rise in the value of WSX!! |
Posted at 31/3/2014 18:43 by smalltimeinvestor Had a brief look at the TW article. A few things to add that haven't been said already:1. I'm not surprised Dekker didn't sue. He owns 12% of the company. It would seem like cutting of your nose to spite your face. 2. I can't remember ever hearing Yeo being described as good or decent before. Most people in the City describe him as a snake. 3. If they had hit oil during the 2nd drilling campaign Yeo, Bramhill, Butler & Dekker would have been pleased to receive congratulations for refusing the offer. I think it is ridiculous for people to attack any member of the BOD or "greedy" investors for staying with the Guyane campaign. With Shell, Total and Tullow thinking they had hit a big find how can anyone expect the BOD or investors to have gone against their collective judgement(But of course TW knew the truth). 4. Maybe he can provide some proof rather than innuendo. I'm guessing his insider is Yeo. 5. Providing Dekker's contact details was tacky. |
Posted at 25/3/2014 06:54 by smalltimeinvestor 412069 - I'm guessing it's #3. No way an Institutional Investor would invest in WSX and plan to keep current BOD in place. Butler & Yeo simply don't have the confidence of the market. |
Posted at 20/3/2014 16:50 by smalltimeinvestor Still nothing from BOD. Wonder when they will let us know what's going on? Maybe they don't know? Too busy spending their inflated salaries and expense accounts to be bothered with WSX and it's investors. |
Posted at 16/12/2013 15:17 by smalltimeinvestor I'm very happy that for the second year in a row investors voted down the special resolution. Shows how little confidence investors have in the current board. I would have sold immediately if it had passed. |
Posted at 06/6/2013 21:54 by smalltimeinvestor cl2201 - While I understand that some small investors like you and me(now holding about 6 million shares) have been buying at or near the 52 week low, WSX will continue to drop if we lose further II support. Only IIs and very wealthy investors can afford to buy and hold 50+ million shares of such a risky company. Most private investors just trade the stock which is going to cause us a lot of grief since their entry price is so low. My fear is that even with a blockbuster find, traders with an entry price around 1.5p will be selling at or around 4p which will no doubt impact any takeover price. That's it for me on this subject since I don't expect to change anyone's mind. Good luck!!! |
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