Ripley94
21 Feb 2018
Re: Shorts Hi DVS1Just out of interest what happens to a short when company goes bust ?
DVS 1
17 Jan 2018
Shorts In Sept. 2016 I shorted XEL at around 3p (having already lost around 30K going long, before some folk start throwing bricks) the spread betting firm is still refusing to settle, although the administrators stated months ago that there would nothing for shareholders, blaming whoever they laid the business off to.I am just wondering if any other share gambler has been paid up or not for their short.Thanks.
elsgly
17 Jan 2018
Re: whalsay To shift the blame away from the government?
pinkisback
16 Jan 2018
Re: whalsay Clark very quick to demand an enquiry into directors of Carillian and their remuneration but why not here
changeling
05 Jan 2018
Re: whalsay When it was good they couldn't have been more open and friendly. I believe that somewhere along they way as they realised they couldn't pull it off and maintain control they shelved their morals and decided to just get as much out of the company in other ways before the wheels came off completely. What they lost by not being able to sell the rest of the shares (it surely would have been a massive red flag to shareholders) you can gain back in large salaries, pensions and perks. The initial sale secured them for the rest of their lives the rest was a bonus. In hindsight I expect that they wished they could have sold more but I think that even that sale was a sign to the very astute.As they did so the RNS's became evermore tricky to interpret as they hid behind semantics.If they could have pulled that last massive dilution off I think they would have - heck with AIM there's always the consolidation to do down the road. It hides the bodies and you can always sweeten it for yourself by just issuing a load of options.As directors of a failed company I would say that it gave them all a very good living and retirement. You could say that they fulfilled their duty to the company itself by keeping it going for longer than it would have. I certainly think the two years of full dance cards, "the rig" and partners could have been dispensed with let alone all the OGA guff. The only benefit of Xcite existing to those that didn't trade the backside off it has been the learning curve - it might have made some a lot more canny. I also now know to trust my instincts and that I can tell when someone from the company isn't being entirely honest even over the phone............you know who you are!
oilfarmer
05 Jan 2018
Re: whalsay Interesting to see how/when/where the Xcite Company Officers resigned (from Whalsay?) along the way....[link] was firmly on the wall for XEL once Steven Kew resigned in July 2016But also in December 2010 when Richard Smith, Rupert Cole, Stephen Kew divested (part) shareholdings in XER (as I remember it) to tax efficient Company(s) in the BVI.www.iii.co.uk/investment/detail/?display=discussion&code...XEL.L...On December 24th 2010, an RNS stated that Directors Rupert Cole (Finance Director), Richard Smith (Chief Exec.) and Stephen Kew (Head of Exploration) had sold 1,101,666 shares each with a total value of £12.79 million. In hindsight this was a clear signal to sell off. In the directors defence they retained 80% of their ...This piece by Contrarian Investor in April 2011 brings back the best of XEL achievements...[link] we'll just have to register with an Institutional Investor for a share in any future Whalsay/Bentley fundraising....Oilf.
Deano 1964
02 Jan 2018
Re: Whalsay Energy Bet good old Rupert's mantelpiece was full of well wishing Christmas cards from all on here.
tagnol
02 Jan 2018
Re: Whalsay Energy >> The position today is on Companies House website and Cole is long gone.Indeed. Being the season of goodwill I sent Rupert a Christmas card though.I noticed from LinkedIn recently that most of the rest of the gang are still working away at Whasay Energy.
videodawn
22 Dec 2017
Re: Whalsay Energy That Bloomberg page is grossly out of date, just showing everyone whoever was a director of XER, now Whalsay Energy. The position today is on Companies House website and Cole is long gone.
poornomore
22 Dec 2017
Whalsay Energy Rupert Cole is still in control of the Bentley field it would seem on December 22nd 2017[link]
Kildonan01
15 Dec 2017
Re: TD DIrect- How do you get rid of the...HSBC My "shares" are with HSBC Invest direct. They have informed me that the shares cannot be removed until HM tax person says so!!!However as I have transferred all other stocks out to another bank, they will not make any charge on the account. Therefore in the proverbial "limbo".
GC Trader
15 Dec 2017
Re: TD DIrect- How do you get rid of the... ''I asked III to remove the shares from my portfolio as they were annoying me''Rupert should remain firmly in your portfolio as a reminder not an annoyance DES...
Desireoil3009
15 Dec 2017
Re: TD DIrect- How do you get rid of the... In October I asked III to remove the shares from my portfolio as they were annoying me. They disappeared after about 5 days.
Deano 1964
13 Dec 2017
Re: TD DIrect- How do you get rid of the... Try asking Rupert Cole at Hambledon Beech Drive, Kingswood KT20 6PS. He may be on his holidays though.
Seeking money
13 Dec 2017
Re: TD DIrect- How do you get rid of the... I asked when with TD, and they had a charity they use in such events. However they would not tell me who the charity was. Does anyone know?SM
