SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : Bosco & Crossy's stock picks,talk area -- Ignore unavailable to you. Want to Upgrade?


To: El Canadiense who wrote (9954)6/4/2005 10:16:51 AM
From: El Canadiense  Read Replies (2) | Respond to of 37387
 
If the list is changed into Oil&Gas Exploration only, we get #2 and #3 for DNO/PAR and a few more household names on this thread... Impressive!

euroland.com



To: El Canadiense who wrote (9954)6/4/2005 10:45:06 AM
From: Crossy  Respond to of 37387
 
Cartonet,
many thanx for the kudos ! Actually I got the idea DNO from a really nice guy, a New York based broker who I have been sharing DD for a long time now..

PA Resources was indeed my "creation". A rather odd find (from a Press release on their activities in Tunisia) initially.. I checked whether they were indeed listed and then they bought that 22% stake in the Didon field and Zarat permit from SOCO Intl...

best rgrds
CROSSY



To: El Canadiense who wrote (9954)6/9/2005 5:15:33 AM
From: Crossy  Read Replies (3) | Respond to of 37387
 
re: DNO.OL NOK 82 - Det Norske Oljeselskap

Just talked to CEO Helge Eide

first of all the company recently purchased additional own shares under forward contracts recently. And the company will distribute it as a 5% stock dividend to ordinary shareholders - at least that's contemplated as a resolution submitted to the AGM ! For each 20 shares you own you will get another 1 for free. Because these shares are in the treasury, they won't cause any dilution. And it's tax efficient also, at least in my location..

The 1:4 split was conducted due to liquidity issues. DNO now just makes the grade for inclusion in the Oslo top section I hear. Well if more shares are trading, maybe we get included in some indices as well. This could force Index funds to buy DNO as well.. That sounds good..

rgrds
CROSSY