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WNL White Nile

2.43
0.00 (0.00%)
24 Apr 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
White Nile LSE:WNL London Ordinary Share GB00B05MGT12 ORD 0.1P
  Price Change % Change Share Price Shares Traded Last Trade
  0.00 0.00% 2.43 0.00 01:00:00
Bid Price Offer Price High Price Low Price Open Price
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
  -
Last Trade Time Trade Type Trade Size Trade Price Currency
- O 0 2.43 GBX

White Nile (WNL) Latest News

Real-Time news about White Nile (London Stock Exchange): 0 recent articles

White Nile (WNL) Discussions and Chat

White Nile (WNL) Most Recent Trades

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White Nile (WNL) Top Chat Posts

Top Posts
Posted at 04/12/2008 15:25 by fountains
Looks like Total are not in favour at the moment with the Sudan Divestment Task Force. This from the Sudan Company Profiles of Genocide Intervention Network:

"However, if upon resuming business Total's operations resembled those of the existing problematic oil operations in Sudan, and the company fails to take "Substantial Action," it would likely be removed from the SDTF's Ongoing Engagement category and placed on the Highest Offenders list. Total has recognized some of the potential consequences of such a designation. In an annual report, it acknowledged that due to the passage of the Sudan Accountability and Divestment Act by the U.S. Congress, state pension funds might have to sell their shares if Total restarts exploration in Sudan, which, it said, "could have an adverse effect on Total's share price."

This from WNL results:

"However, as investors will be aware, much of the attention on White Nile has
become focussed on clarity of title for Block Ba. To date, we have had numerous
assurances from leading Southern Sudanese government figures that our interests
will be protected, with the likelihood being that we would be included in a
consortium that will develop Block B in Southern Sudan, would include Block Ba,
Block Bb and Block Bc."


Clearly the door is open for WNL to press forward its claim and it's up to Mr Pelham to secure it.


Don't miss the boat!
Posted at 28/11/2008 14:18 by marleytonglide
This company White nile is not responding to any contact what so ever as they refuse to reply to any form of contacts. Mr Edmunds is a very arrogant person in real life. Rumours have it that white nile and the Sudan goverment are about to retract there joint venture for drilling for natural resources, due to political tensions between two countries. This latest share price is false hope and will be even lower than early this week of 1p. not for widows of orphans, SELL. White Nile exploration Ltd
Posted at 14/11/2008 07:22 by risk investor
wnl..

SUDAN ON HOLD...


NIGERIA?

KENYA?

ETHIOPIA?

if oil was AT $147..

what would WNL share price be.??
Posted at 11/11/2008 11:21 by pointerlou
I'd agree there Jabba. Looks like this has resolved a key issue in the share moving forward, and should bounce back now to the share price when the EGM was announced.

PL
Posted at 09/11/2008 17:48 by topinfo
5 weeks ago this was 20p and even then it had fallen along way from its peak. Grossly undervalued and 8Tarder doesnt own any shares once again. I cant wait to see his comments 2moro when the WNL share price soars.!!!!
Posted at 09/11/2008 13:21 by ed winchester
wskill

that cash is ring fenced. You can only attribute cash to price/share if that cash isnt doing anything and is surplus. WNL's cash is not surplus.

Not saying its a buy or a sell. But its not right to attribute the cash to the share when its blatantly obvious that those cash levels will eventually dwindle down to around £1.25m very soon.

As for assets... they are worth little until it produces cash flow. Take a look at the so many AIM minnows, they claim to have so many acreages yet the market is tired of them. The oil bubble has been well and truely burst (as WNL share shows quite clearly) - the market will now only place real value on companies that produce good cash flow... even then they arent properly valued. So many sound and solid cash producing oil plays that have been battered and still lowly valued - so very hard to see WNL being given any sort of inflated value as it has yet to prove assets that produce any sort of cash flow.

There is also the propsect of further dilution as sooner or later WNL will need further funding in order exploit all their assets. You cant do diddly with just £1.25m.
Posted at 07/11/2008 14:21 by abrada
what do expect from the EGM and why has the share priced not move up? from these very low prices G2
Posted at 04/11/2008 07:41 by wskill
8Trader GM2 was correct about IAE he was saying buy at 14p and up until now the more I read about WNL it is one of the most oversold shares the cash in the company is multiples of the share price without the oil assets
Posted at 31/10/2008 11:04 by sportbilly1976
gm2,

UEN - bought, posted every 2 minutes about the £2.50 price target to come once the funding is sorted with his "inside" news, then sold after 2 days and now is posting aobut the collapse of the share price to come

IAE - bought, posted every 2 minutes about the 75p takeout price, sells after 2 days...

WNL, bought, posts every 2 minutes....


....need I continue??

GM2,

If you buy a stock with such price targets and long term potential gains - why do you always sell after just 2 days??
Posted at 17/7/2007 17:24 by simon cawkwell
Gentlemen,

I think the only possible explanation for the ramping up of the WNL share price is to enable certain pivotal figures who control the release of locked in stock to borrow against WNL stock for other purposes. This raises all sorts of other questions. And for me it entails dark* thoughts.

Simon Cawkwell

*Well, they do involve Africans.
White Nile share price data is direct from the London Stock Exchange

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