OmniChart

AEY Hub 24 Nov 2014

Re: RNS I agree entirely on the 'PR' for Antrim as it's puzzled me for a while why someone like IAE or Premier Oil hasn't simply made a cheeky offer themselves as it's the cash balance of £10mln but also more significantly the tax losses that they would gain from.Antrim has around £100mln in tax losses I think.The interesting point here is that some companies cannot raise cash without being hit with heavy dilution. Antrim have £10mln in cash.Hence - there are some smaller companies out there that are issuing shares for peanuts and flooding the company with warrants to boot. Look at RRL as an example. Some are virtually doubling shares in issue to get funding.If a company with proper decent prospects (sorry Sound oil, but your assets are nothing to get excited about!) got in touch with Antrim and offered shareholders circa 8p a share for instance but by gaining the £10mln in cash meant a re-rating etc - then it's a bit like the DPL deal that Ophir did many moons ago.DPL got xx shares in Ophir at 230p range and Ophir then went on to reach 600p+Sound oil does not offer any major upside from where their sp is today as far as I can see.But IAE at 78p has potential to return to 150's once oil price sorts itself out.Plenty of other companies out there that would gain by taking Antrim out and give Antrim shareholders a decent deal. Win win.This SOU deal is a joke and a bit embarrassing for them.As you say - it's good PR, so perhaps that was the original idea and no doubt some will be looking for some suggested alternatives to the offer. It certainly conditions AEY shareholders to the low end so that should an offer come in at double that level - it suddenly looks attractive? mmm. I imagine anything short of £20mln will be batted away or not even discussed.With the right bod's - that £10mln cash pile could do wonders in this market. Antrim should be looking at some great opportunities out there.Really need to see some new blood come in and Greer exit.HUBHUB

TRAP Vincentinvestor1 24 Nov 2014

Re: athena tempted but not back in yet

MTV welloiled1 24 Nov 2014

Re: 500,000,000 Moving now….

KIBO womble 24 Nov 2014

still 2 on the ask but no takers as yet tempted to buy 50 quids worth just to see it

SMDR city watcher 24 Nov 2014

Still time for a bidding war Reckon a better offer will arrive on the table. Ophir has dropped too much and is still falling.When Salamander sp rises significantly I bet there will be multiple sells.

FITB The Duckie of Cornwall 24 Nov 2014

3D Another one for the ignore list. It's not what you are conveying it's the way you do it which is in a sarcastic manor. You can make a point without being nasty. I don't mind well made points whether I agree with them or not but if they are done in a way that is just being unpleasant then you will not get read because you are on ignore.

AEY MALBRAD 24 Nov 2014

Re: RNS HubI agree with your comments but the Sound RNS may at least tempt another bidder to enter the fray. That said, The RNS does show just how vulnerable AIM shareholders are to opportunistic bids when they hold shares in companies that either have discredited management teams or assets that they cannot finance until they become more attractive to buyers.MALBRAD

AVG tejo 24 Nov 2014

AGM and update LionRock, I am sorry not to have thanked you before now for your report on the AGM. Much appreciated as always. A flare up of rheumatoid arthritis has kept me somewhat out of action. It seems that the problems referred to in to-day's update, were not highlighted at the AGM. The problems with profit warnings is the difficulty in assessing whether the Board really appreciates what lies beneath the surface. Invariably, the first profit warning creates the impression that the problems are short term and it is not until the second or third warning that the full extent is revealed. AVG,s customer Rolls Royce is a good example. Rolls Royce is very likely the key customer that is referred to.I find the warning worrying in that strategy seems to be being driven by events and that the very factors that made the company exciting, could emerge into being a major problem.Would appreciate your considered assessment Lion King and as to whether one should reduce one's holding?

KIBO womble 24 Nov 2014

SP 1.95 : 2.05 on lse now

AEY Father__Paul 24 Nov 2014

Re: RNS Anyone know what this is in plain language?"However, the Board of Antrim has not responded to this indicative proposal and appears only prepared to engage in discussions if Sound Oil agrees to restrict its ability to proceed with a public offer."

PRV dave297 24 Nov 2014

Re: Trading Statement Truth is,Hardboy,the Market & investors generally arent interested,for now,in small niche companies such as PRV.The dips ahead of results have given me the opportunity to increase my stake in the belief that the company will continue to do well & its success will ,one day,be recognised by the Market,or our Board will get Bored & sell out to a larger company who are attracted to our niche.My view is that while we are currently an Ugly Duckling the potential remains for us to become a Swan!

FLG aimforthesky 24 Nov 2014

Re: High dividend replacement Aviva is down valuing FLG at 381

KIBO womble 24 Nov 2014

My final top-up: well done 1.90-2.00 now

ORE MANCHESTER2009 24 Nov 2014

Bought in.. Well underpriced....continual great news-flow and further news due within the next two weeks.MASSIVE upside from here!DYORGLA!

AEY Hub 24 Nov 2014

Re: RNS Spike501,The offer from Sound oil is ridiculous. They have gone public with the offer as Antrim management haven't even bothered to respond to them.Why would shareholders of Antrim take an offer that values the company at less than the cash balance nevermind the tax losses or Skelleg.Sound Oil seem to be suggesting that there is more hope for antrim shareholders by investing with them. Looking at Sound Oil and the management team - I wouldn't touch their business with a barge pole.What pi's like yourself need to understand is the difference between a genuine offer and a poorly pitched insulting effort.Antrim bod's have not even responded to Sound oil and who can blame them.As for sound oil - this is embarrassing for them. They've gone public because no one is responding and they think Antrim shareholders will take notice?HUBnb. vincentinvestor1, read the rns for petes sake. Whilst I see no point in Greer continuing myself - Antrim will find better offers than being tabled if/when they get a drill date for Skelleg.