Sharemate on the basis of what's on the company website, the link you showed with JPM having recently sold a bundle is wrong. The company website says they hold 3.91%, the same figure as written on the last rns about them which was last July
Anyone know how much ACC Imvestment held before today's RNS?
[link] in an rns from sea energy today logp was mentioned along with barryroe. Legacy assets We are aware of the continued decline in the market value of our interest in Lansdowne Oil & Gas PLC based on its share price, despite its successful farm-out of the attractive Midleton acreage to Kinsale Energy Limited. We remain confident that Lansdowne will achieve a farm out of its Barryroe discovery, and believe that following this event, its share price should recover and there may be an opportunity to commence our exit from this investment. We note that if the Lansdowne share price remains below our carrying value we will be required to make an impairment provision to the asset value of Lansdowne in our balance sheet, with a negative effect on the reported results for SeaEnergy. Any impairment provision would reverse in the future, as and when the Lansdowne share price recovers and would be treated as a non-recurring item.
jrewing it took me more than one read to show the heartbeat . ive been watching this space of years. i hope we get something official soon.
@ Sully, thanks for the "PG" warning on the link yesterday. Nearly hit the roof when I read it at first, had to read it a few times to figure out that TOR still saying the same thing. Does "watch this space" rank higher than "nearing completion" in terms of a deal being done???
okay on first read i panicked and thought a deal was off. but we are still negotiating at least[link]
Thanks Sharemate, seems strange the last RNS about JPM holding last July said they held 3.91%, does anyone know why there wouldn't have been an rns about their further disposal?
It really is astonishing how TOR could present to an audience on Providence’s ambitious drilling programme for 2015-2016. Would love to get an insight into what he actually presented at this event. Did anyone attend the event?
Sr.O'reilly had 20% which is been reduced to 15% when shareprice rocketed 2 years back looks like he has recovered his earlier investments; but only hope is that he is holding still 15%
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