IOX - Andes Demerger

Foreigner
IOX 21.11.2017 kl 08:29 4767

Ticking forward slowly.. https://polaris.brighterir.com/public/phoenix_global_resources/news/rns_widget/story/x4q23pr/export

I have to say I prefer the peace and quiet around IOX :)

InvestorMannen
21.11.2017 kl 09:06 4690

Outcome of this is?
Foreigner
21.11.2017 kl 09:12 4752

Well... I do not believe the old Andes shareholders will do anything until they are in possession of the Interoil shares. What will they do once they have them?... we shall see...I have said it before that my educated guess is a merger, but this is just my opinion. The opportunities in the form of untapped potential is there so the question is how to turn them in to cash in hand...
InvestorMannen
21.11.2017 kl 09:16 4675

I can not see how they are going to do a merger with Interoil.
Can you explain the theory ? Thanks.
Foreigner
21.11.2017 kl 09:26 4672

No no. I mean Interoil would merge with an existing player in South America. I don't mean Andes. The old shareholders in Andes who now will receive direct shares in Interoil are the wheelers and dealers who have the financial muscle and connections make this happen. The question will then be how favourable the conditions would be for Interoil shareholders. It is crucial to get the company on the black as soon as possible not to be swallowed up.

But again; just my opinion. Interoil is too small to be a success alone.
Slettet bruker
21.11.2017 kl 10:32 4592

Interoil Demerger Record Time 6.00 p.m. on 8 August 2017

Publication of the circular convening the
General Meeting 7 November 2017

Latest time and date for receipt of Form of
Proxy for the General Meeting 11.00 a.m. on 21 November 2017

General Meeting 11.00 a.m. on 23 November
2017

Court hearing to give directions in relation to
the Reduction of Capital 1 December 2017

Capitalisation Record Time 5.00 p.m. on 12 December 2017

Court Hearing to confirm the Reduction of
Capital 13 December 2017

Reduction of Capital becomes effective 13 December 2017

Completion of the Interoil Demerger 15 December 2017

Interoil Demerger ex dividend date 15 December 2017

Despatch of certificates for Exchangeable
GuernseyCo Shares By 5 January 2018
Slettet bruker
21.11.2017 kl 12:43 4496

Hei
Har lest denne infoen. Flott at litt info deles. Jeg forstår derimot ikke helt hvilken innvirkning dette får på Interoil og for meg som aksje eier ? Ei heller om det vil være en fin julegave når den prosessen som beskrives vedr. Demerger m.m er avsegstyrt? Håper jo det beste og at det vil bli en reprise fra forrige års skifte ! Det er ingen som har satt ord på videre prosess, annet enn det vi vet om planer som ble publisert på pareto konferanse/strategisk dokument vedr.planer å satsing. Vil Demerher prosess endre strategisk plan ? Vil og er drift av IOX på rett veg i dag, og ikke grunnlag for tvil. (Annet enn at der er risiko for null funn ?)
Dette er bare noen tanker, å jeg ser jo at jeg må tenke lenger frem i tid for event. At verdien av IOX skal stige å forhåpentligvis olje skal flomme i større mengder enn i dag! Kanskje noen med bedre kjennskap til selskapet å dets drift i dag, kan gi noen fornuftige antagelser rundt dette ! I mellomtiden er det tålmodighet å god Tro, som gjelder
Slettet bruker
23.11.2017 kl 23:34 4242


23 November 2017

Phoenix Global Resources plc
("Phoenix" or the "Company")
Result of the General Meeting relating to the
Capitalisation, Reduction of Capital and Interoil Demerger
The Company is pleased to announce that both resolutions put to shareholders at today's
general meeting of the Company were duly passed.
The cancellation of the Deferred Share (once issued) and the amount standing to the credit of
the share premium account of the Company in its entirety are expected to be approved by
the High Court of Justice and to become effective on 13 December 2017.
The Interoil Demerger is expected to complete on 15 December 2017.
robkal
24.11.2017 kl 06:48 4167

IOX_50 ell noen annan som kan forklare dette ??
Har føljt med en god stund nå..men alikevel ikke helt oppdatert ang dvs ting og tang.
Vad innebær dette for IOX, blir vi et nytt bolag ell oppkjøpt???

Lite lættare info ;;)

På forhånd takk

rob

Slettet bruker
24.11.2017 kl 08:40 4105

Morn, robkal

Her er en teori fra TS:
I mean Interoil would merge with an existing player in South America. I don't mean Andes. The old shareholders in Andes who now will receive direct shares in Interoil are the wheelers and dealers who have the financial muscle and connections make this happen. The question will then be how favourable the conditions would be for Interoil shareholders. It is crucial to get the company on the black as soon as possible not to be swallowed up.

But again; just my opinion. Interoil is too small to be a success alone.
-----


robkal
24.11.2017 kl 17:06 3942

Hej hopp.

Ok.. tx.