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Iona Energy Inc V.INA

Sector: Energy | Sub-Sector: Oil & Gas E&P
Alternate Symbol(s):  IONAF

Iona Energy Inc is a junior oil and gas company. It is engaged in the evaluation, acquisition, exploration and development of oil and gas properties in the United Kingdom's North Sea and in Alaska.
Price: $0.035 | Change: +$0.005 | %Change: +16.67%
Volume: 506,950 | Day High/Low: 0.035/0.03 | 52 Week High/Low: 0.49/0.005
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0 stars

RE:RE:RE:RE:I stand corrected - First Energy give them 4 cents

gcarpen wrote: Your lack of reading comprehension is shocking. Read the report again, it doesn't say it will be worth $.04 after restructuring its showing what's necessary to have a market cap of...read more
0 stars

RE:RE:RE:RE:I stand corrected - First Energy give them 4 cents

I stand corrected its worth nothing and soon will be , I know it hurts but thats the truth.  rate and reply
0 stars

RE:RE:RE:I stand corrected - First Energy give them 4 cents

Your lack of reading comprehension is shocking. Read the report again, it doesn't say it will be worth $.04 after restructuring its showing what's necessary to have a market cap of $100M so...read more
0 stars

RE:RE:I stand corrected - First Energy give them 4 cents

gcarpen wrote: Kensho wrote: This is from Resilience on the Investor Village Board. I have seen the FE report and this is the only thing I will post We have changed our...read more
0 stars

RE:I stand corrected - First Energy give them 4 cents

Kensho wrote: This is from Resilience on the Investor Village Board. I have seen the FE report and this is the only thing I will post We have changed our recommendation on Iona Energy from...read more
0 stars

From IV Board - Excerpts from the TD Report

Excerpts from TD report "We view the proposed plan, which is subject to bondholders’ approval and completion of commercial and financing agreements, as a major positive for the company. This...read more
5 stars

I stand corrected - First Energy give them 4 cents

This is from Resilience on the Investor Village Board. I have seen the FE report and this is the only thing I will post We have changed our recommendation on Iona Energy from Under Review to...read more
0 stars

RE:RE:RE:RE:RE:87% for $120M?

jdgreat1 wrote: I don`t think you understand the logic. The bondholder is willing to reduce from 292M to 120M after getting 24M for 87%. Means they pay $148M for 87%. Thus rest 13% worth $22M over...read more
0 stars

RE:RE:RE:RE:87% for $120M?

I don`t think you understand the logic. The bondholder is willing to reduce from 292M to 120M after getting 24M for 87%. Means they pay $148M for 87%. Thus rest 13% worth $22M over current 400M shares...read more
0 stars

RE:RE:RE:87% for $120M?

jdgreat1 wrote: 87% is $148M 13% is $22 over 400M, 0.055 a share Hold on there JD.  If you are going to use that kind of logic, then you have to apply the $120M of debt onto the $22M value that you...read more
0 stars

RE:RE:RE:RE:87% for $120M?

US$120 million in debt, that is  rate and reply
0 stars

RE:RE:RE:87% for $120M?

What matters is that it will have 2.85 billion shares and $120 in debt. It is not a great situation, but it will ensure the survival of the company. Bondholders neeting next Thursday, might give a...read more
0 stars

RE:RE:87% for $120M?

87% is $148M 13% is $22 over 400M, 0.055 a share  rate and reply
0 stars

RE:87% for $120M?

87% actually for $172M so 13% is $25.7M over 400M shares , 0.065a share  rate and reply
0 stars

87% for $120M?

13% worth $18M? over 400M share, gives 0.045 a share vs. 0.03 now.  50%+  rate and reply
5 stars

RE:My take at this point...

Some highlights from the presentation now posted in the website: "Management and the Board strongly believe the transaction proposal represents a very positive step for the Company and its...read more
0 stars

My take at this point...

Share price now trying to find a bottom after the news. Some number crunching going on, with an eye on the oil market. Some players were expecting for better news, and are selling. Others are waiting....read more
0 stars

RE:RE:RE:RE:RE:RE:RE:why the price is still at 0.035 not 0.08?

I will end with this.  ET, you obviously do not realize that the vast majority of the "BIG BOYS" that you speak of have restirictions of buying shares of companies that trade under a buck.  So I don't...read more
0 stars

RE:RE:RE:RE:RE:RE:why the price is still at 0.035 not 0.08?

ETalien wrote: Just watch and learn, the PPS as of now is too low, the big boys are going to support it higher! WATCH! Watch and learn eh.  Oh my.  OK.  I've had my say on this and will watch and...read more
0 stars

RE:RE:RE:RE:RE:why the price is still at 0.035 not 0.08?

Just watch and learn, the PPS as of now is too low, the big boys are going to support it higher! WATCH!  rate and reply