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  1. 25-05-2022, 08:45 AM #17461
    Sideshow Bob
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    Everyone got all they wanted......and OGO got a few more again to increase their % holding.

    Extraordinary times for oil and gas and rely on the majority owner to fulfil the rights offer.
    Last edited by Sideshow Bob; 25-05-2022 at 08:46 AM.
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  2. 25-05-2022, 08:49 AM #17462
    JBmurc
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    Right so this will see OG energy increase there position in NZO ..
    "With a good perspective on history, we can have a better understanding of the past and present, and thus a clear vision of the future." — Carlos Slim Helu
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  3. 25-05-2022, 09:52 AM #17463
    fish
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    Quote Originally Posted by Sideshow Bob View Post
    Everyone got all they wanted......and OGO got a few more again to increase their % holding.

    Extraordinary times for oil and gas and rely on the majority owner to fulfil the rights offer.
    Not quite like that .
    NZO and myself for instance tried to encourage shareholders to take up the offer .
    Personally I have increased my shareholding percentage more than ogog
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  4. 30-05-2022, 03:05 PM #17464
    Sideshow Bob
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    Anyone who missed out on the capital raise can still buy today at 42cps......
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  5. 30-05-2022, 05:04 PM #17465
    Joshuatree
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    Us holders can see the Macro ahead,you keep swimming with the minnows
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  6. 31-05-2022, 01:44 PM #17466
    JBmurc
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    Right now NZO has what 55mill + whats up next ... a offer for the rest of CUE ... that when you do the number and take CUE likely present cash balance off ... at present market value NZO would pay around A$11mill (If us CUE S/H took present price for are shares) for the shares they don't own..

    If NZO went to say 15c per CUE share not held they would use up around $40mill (taking CUE cash off)
    Last edited by JBmurc; 31-05-2022 at 01:47 PM.
    "With a good perspective on history, we can have a better understanding of the past and present, and thus a clear vision of the future." — Carlos Slim Helu
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  7. 31-05-2022, 03:54 PM #17467
    SPC
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    Can someone please clarify: I recently took up my additional NZO rights and opted to transfer all shares to ASX.
    Will I receive a holding statement from Computershare Australia detailing my holding?. They still show on my Computershare NZ statement as being all listed as an NZ holding.
    Is there any action I need to take to record the shares as an ASX listing vs a NZ listing?
    Thanks
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  8. 31-05-2022, 04:08 PM #17468
    Wiremu
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    SPC, as I understand it you don't need to take any action. Once NZO obtains primary listing on the ASX the shareholders who have opted to have their shareholding shunted will see their registry change from the NZX to the ASX.

    Going by what I can read this will occur around the middle of June, but take that as an assumption rather than fact. At that time you will receive transaction statements from the two share registries.
    Last edited by Wiremu; 31-05-2022 at 04:10 PM.
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  9. 31-05-2022, 04:32 PM #17469
    SPC
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    Thanks Wiremu
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  10. 31-05-2022, 06:34 PM #17470
    JBmurc
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    Less than $1k traded for NZO and thats both ASX & NZX markets ...
    "With a good perspective on history, we can have a better understanding of the past and present, and thus a clear vision of the future." — Carlos Slim Helu
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