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I believe that was from last year. I do not know if maybe that deal was finalized or what is happening currently.
All I see is the ADR which equals 4 commons
LNGLY
I seen it was delisted. Would anyone have any news as to why are what is going on with LNGL? I cannot find anything on them current.
What’s going on with this stock?
Below is the response when I emailed LNG Australia on what happens to the shares..
----------------------------
Liquefied Natural Gas Limited (Administrators Appointed) (LNGL)
Thanks for your email.
Please see the link below which connects you to our site for LNGL, and open the attachment titled "Shareholders FAQ document".
https://insolvency.pwc.com.au/singleEntityCases/liquefied-natural-gas-limited-administrators-appointed/casePage
Please note that the FAQ document included a query specifically on LNGLF stocks as follows:
As you are a holder of LNGLF derivatives, which are not ordinary shares as listed on the ASX, you will need to seek your own advice.
Somewhere I saw they denied association with this ticker...
No clue but the ADR is still actively trading - go figure.
Amazing I'm going to call fidelity Monday and find out what to do about this, the company that bought this stock I'm sure have a dead line before this stock cease to exist
I got 1500 shares back on May 19th and then it shut me down on putting in a sell order. Just like 2 other tickers. This is why I say they are naked shorts - They can sell to me and collect commish and foreign security fee then block my selling because they never had the shares available that they sold me. IT IS A CRIME BUT NOBODY REALLY GIVES A CRAP
I agree about the naked shorts my buy order did not go through out of curiosity I bought on the ask and nothing you mentioned that you bought so you were successful in your purchase?
I put in a buy order far a few thousand at .023 my account accepted the request but I didn't get that warning I'll see if my bid went through later
bought them today?
This is the msg I get when trying add
This security is currently unavailable. Contact us for details.; No trades are being accepted on this symbol due to settlement issues.
But that doesn't mean anything since TD has a bad bad habit of locking me out of naked short shares they sold into my account. They are getting worse and worse with each day that goes by - The SEC & FINRA really need to look into their tactics of screwing investors.
I also read that PWC has assigned 2 peeps to investigate what value there may be left in the assets not purchased. (read this on LNG website dated May 8th) so not sure if this included the Magnolia assets or post Magnolia sale.
I bought a few thousand shares it looks like it's still trading if they will buy out a .13 that's not bad for those who are just purchasing not good for those who bought higher that happened me before not good
Right now its .02 I figure they would freeze the trade I'll also check
From what I read it is supposed to payout .13 a share - I can't trade it so maybe they are working on it in the back office. Would be sweet if they did payout.
Sorry ot resolve but dissolve
It looks like the acquisition is completed a private company bought it, I don't know what is going to happen to this ticker symbol.
Will there be a buy out or resolve the ticker which means a big lost for share holders if someone knows please share info. Thanks
Glenfarne Group Expands Its Commitment to LNG Sector With Acquisition of Magnolia LNG
BY Business Wire
— 8:33 AM ET 06/09/202
It looks like lnglf Magnolia has be sold!
https://www.rigzone.com/news/magnolia_lng_project_sold_for_225mm-13-may-2020-162064-article/
Appears resumed
https://otce.finra.org/otce/tradingHalts
appears lf and ly joined at the hip as ly was halted then lf halted?
also would it be necessary to r-split to get to 4$ to be able to list on major exchange if stock went to 4 on its own?
Do anyone know why we can't purchase any shares as of yesterday
No bid no ask and on my fidelity new
A contract was signed to supply Vietnam (dated 9-16-19)
There is no bid or ask on the board this morning I put in for the price a opening this morning
That you for getting back with me!
My contact hasn't gotten back with me on this project. I'll call him again soon
Nice action the past few days, any info?
I read a little of the info you posted so lnglf is a derivative of lngl and lnglf is controlled by MMS that's not good but all penny stocks are controlled by MMS what gets me is that lnglf will not be considered for dividends from lngl. So to me the only thing to move this stock is the start on of Construction.
Only this from IR: We distribute quarterly updates with the next one expected in late October. I also anticipate some corporate announcements prior to then.
I don't know I never kept up with lngly
that much I know that lnglf was up to $4.00.00 a while back. I live not far from the construction area so far no work yet I'm hoping so news, do you have any news?
Does this stock move in accordance with the other one?~
Micah Hirschfield <mhirschfield@lnglimited.com>
3:42 PM (5 hours ago)
to me
We distribute quarterly updates with the next one expected in late October. I also anticipate some corporate announcements prior to then. Also, please note that LNGLF is not our stock. LNGLF is a derivative security traded by market makers unaffiliated with LNG Limited. Our ADR in the U.S. is LNGLY.
For more information, please see our investor FAQs at https://www.lnglimited.com.au/site/investors-media/Investor-FAQs.
Best regards,
Micah
Micah Hirschfield
Sr. Manager Communications and Investor Relations
LNG Limited
New LNGL Logo April 2018 jpeg
O:+1 713 815 6920
F: +1 713 815 6905
M: +1 512 799 5520
1001 McKinney, Suite 600
Houston, TX 77002
mhirschfield@lnglimited.com
www.lnglimited.com.au
Yes lngly is a foreign stock exchange
Lnglf is New York I don't understand the price difference
Is LNGLY the same company? Thanks~
I've got a contact associated with the potienal project. I'll pick his brain when I see him this weekend.
Yes I thought of that I'm going to move more funds. I live not far from where this plant going to be constructed and I don't see any action yet no ground breaking nothing yet anyone have any updates
You can always average down by buying more.
Thanks I'll check on it
News out. On their website.
The stock is valued at .1695 as of yesterday
The last time I checked it was at .40
I to maybe instead will keep checking
I do believe this will eventually fly. The hold up is lack of signed up off takers.
Cool. I am not a current shareholder. Would like to do a little more DD, but I'm very interested.
For the most part that’s true.... they just filed to up the output by 10%. There a few feasibility studies that have to be done. I don’t see any reason that it won’t be approved.
I sent an email to investor relations to check status of the funding for the magnolia lng facility in Lake Charles, LA. My bro in law works for the contractor that will be building it and said all federal and environmental regulations have been approved. ~$4B project.
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