Antrim Energy Inc Live Discussion

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ripley94 28 Aug 2019

This board only goes back to 24 Nov 2014 .. so not sure what i was thinking at time of purchase , looks like there was offer speculation from sou in 2014 .

ripley94 28 Aug 2019

liquidators paid out £ 138.55 for 4022 shares. paid £2000 for them 9th October 2012 ( W ) they went into liquidation April 2017 .

waytogo333 25 Apr 2018

Re: How long The following was posted on the ADVN site by 'itsriskythat' :10/4/201817:24 Today I've had a reply from the company saying that the CRA has yet to issue a clearance certificate. No more information than that about timescale. 29/3/201808:19 The company is awaiting clearance certificates from both the CRA and the regional alberta authorities. Alberta only issue clearance certificates after the cra has issued theirs. At early december the company was still awaiting CRA tax clearance certificates. Alberta have a typical response time of 4 months. That takes us to april as being the soonest it could complete.

anycommittee 14 Apr 2018

Re: How long Does anyone know who to contact to find out the payment timetable?

waytogo333 13 Apr 2018

How long ....is it going to be before we have a return of funds. This has been going on for months now.

waytogo333 18 Dec 2017

Re: Still seems there is some hope! Yes, apparently still crawling through various Canadian tax departments before it's signed off.Someone on the ADFVN board was saying that it takes approx. 8 months to get through the legalities, which is about now.

Tired and Confused 14 Nov 2017

Still seems there is some hope! [link]

San Jaime 22 Feb 2017

Re: Return to shareholders Held a few of these through my broker - so far, after checking my account, there does not appear to be any return of capital from the AEY liquidation credited to the account.( Not that there will be much anyhow ). If anyone out there has had some funds returned, we would be interested to know.

waytogo333 10 Feb 2017

Return to shareholders Has anyone seen anything re the return of funds to shareholders?

Ripley94 02 Sep 2016

Voluntary ligidation. Estimate CAD 0.05 ( Today's share price 2.5 )Should of cut loss years ago.six months ago share price lees then today.

San Jaime 31 Aug 2016

Another one bites the dust..... Just got a note from my Broker that AEY has gone down the tubes.....-----Antrim Energy IncVoluntary Liquidation and DissolutionFollowing shareholder approval at the meeting held on 30 August 2016, the board has announced that Antrim Energy Inc will be placed into voluntary liquidation which will result in the dissolution of the company.Antrim Energy Inc shares will be cancelled from trading on AIM as at the close of market on 8 September 2016. The board anticipates that a return of capital, in the form of a cash distribution, will be paid. This is estimated to be CAD0.05 per share held. If and when the return of capital is paid, the sterling equivalent will be credited to your account accordingly.-----Averaged down here to around 8p so this is another Oily loss, following on from Afren and probably XEL soon to join them, knowing my luck. Overall exposure to the junior oil market has resulted in my portfolio currently showing a !5% loss. Fortunately still a surplus of what the interest only mortgage payment is required in a couple of years time...SJ.

Fitzy_007 04 Aug 2016

Re: The Fat Lady is singing I know what you mean - they should of dissolved this ages ago rather than milk it for their salaries.

waytogo333 04 Aug 2016

The Fat Lady is singing Well, on the upside, at least there should be some return to shareholders - around 3p ish per share?What high hopes I had for this stock and how silly not to sell on the last spike........

barno99 27 May 2016

Market cap to cash ? Interesting the market cap at this level is under £3 million.No debt and just under $10 million in the bank plus opportunities??Strange the disparity!!From the RNS..Antrim looking for M&A opportunitiesStockMarketWire | Wed, 25th May 2016 - 09:28Antrim Energy posts a net loss of $913,000 for the three months to the end of March compared with a income of $461,000 a year ago.Capital expenditures totalled $114,000 compared with $28,000 last time.Antrimsays that with its current cash resources, no debt and no decommissioning obligations, continues to maintain a strong financial position.Working capital at 31 March was US$9.2 million, including cash and cash equivalents of US$9.4 million.Antrim says it continues to search for M&A opportunities, using a structured approach in its evaluation. Key criteria include strategic fit, focus on near term appraisal/development, use of funds, transformative potential with upside potential for Antrim shareholders and current or near term cash flow.In a period of significant commodity price volatility, ensuring that the opportunity remains viable in a low oil and gas price environment is a key component in the evaluation.At 9:28am: (LON:AEY) Antrim Energy share price was 0p at 1.38p

waytogo333 27 May 2016

Still ticking over.........on the plus side it still has a good lump of cash.

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