got some 15 mins ago or so for 0.5p Will try to sell now
Ill be buying again tomorrow to top up !!!
Reply back from IOG ; Hi Paul, We thought the RNS was clear, but in truth we had to rush it out and it has confused some people. We gave Darwing authority to sell shares to an investor or investors at the IPO price (23.79p). You might deduce that there would be little point in doing this unless we were confident of some demand at that level for that volume. We cannot make any promises but we do not intend to ever sell any shares below the IPO price. We had to do so last year and that was painful enough. Our focus now is on closing the longer term funding and if we can do that then hopefully we will be valued as a company on track and fully funded to produce 20,000 boepd. Best regrds
Just emailed IOG asking for clarification and if they would show the BOD's at Excite and Bowleven how to raise funds at double the current market price !! I will let you know if I get a reply !!!
Cheers, im off golfing tomorrow so see you all next week
Well just been going back over IOG rns's and at the beginning of June 2014 the share price was 25 p HOWEVER the company again raised funds with Darwin at 32 !!! Has our CEO got some compromising pictures of the Darwin BOD and threatening to show their wives unless they they pay over the odds ??? Never know anything like this and would be good to have some clarity
Sorry to hear that ST, ADDS will hopefully carry on