Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Private companies that own a public company who they plan to merge with don’t talk.
Low gas prices are good for Delfin.
I understand 100%, I went to the Coors lite papi this Wednesday night. I feel better already.
Delfin is obviously not the only lng game in town, and as I have asked before how much should the developers get? And when?
It’s 90% conjecture. However, I think it’s quite possible that Jason Kalisman wants too much and screws himself again.
Swoosh, lol.
Oh well, Delfin was fun but Kalisman failed. Egan will get tglo back and Egan’s son Teguan will go public with EnergyX.
His only accomplishments are blowing through family money on failed business adventures.
Jason KAlisman’s failure s, (Morgans Hotel) and Failed takeover of Endeavour International Corp.
If I were a betting man, lol, I bet that DVN is in the driver’s seat and Kalisman thinks his interest in Delfin is worth more than he is going to get. Wouldn’t be the first time he fumbled on the 1yard line.
Speaking about liquidation, it looks like tglo is being sold. Price and volume indicators say sell.
You are correct, looks like I am a little late as usual to the liquidation phase.
Immediately following the midterms, lng was officially given the green light.
Because their 56M shares of DVN will make them money. And gas/lng is where electricity comes from, and lng is now green. That’s why.
12-31-22 it’s a SC 13G/A filing
BlackRock just reported an 8.7% holding of DVN. I wonder if they know of Delfin? :)
Same action all week, run it down, way down, paint it up with 200 shares at the end of the day. This is not retail moving this stock around. I bet Delfin and “Others” as (Seeking Alpha’s) nomenclature puts it own 98.5% now.
Hello Senor, I find this trading action and posting action amusing. You either understand the situation or you don’t. Price does not matter, yet! I say this because I know that you know that Delfin knows…..
I would like to see it form a base at .05, lock another couple million up with the people on Bankers Row FL
Pure RED, lol, Did Delfin announce that they are forfeiting? Liquidating the shell?
Let’s see: it opens the day under regulation T, price initially goes up but everything is logged as a sell. The “big” volume, big is a relative term here. Shares are going somewhere but retail is not participating.
Bring it way down! Morgan Stanley needs more…..
On any “normal” stock I would agree with you 100%
TGLO is NOT a normal issue.
Very small float is very easy to manipulate even within the confines of the regulations.
Delfin and their friends have 97% or more. My shares are not on the market until TGLO is a proud owner of a new operating company.
I am good with .06 ish, especially if it takes the insiders from 97.5% to 98% :)
Your correct, it was painted up, either way it doesn’t matter, it was painted as it has been many times. Retail flippers didn’t provide the volume, I don’t think retail has provided much of the volume here over the last year. I don’t know who is moving it but someone is and it’s for a reason.
I don’t think anyone is selling. As soon as I made my last comment. All trades stopped. Then at the very end of the day it was painted down.
Retail is not moving this stock. like I said shares are moving a bit but from where to where? When they ran it to .85 virtually nothing traded. On the biggest of days 1M of the 441M issued. Lol. the deck keeps being shuffled but it’s not common Joe doing the shuffling.
It’s fun to watch this thing “trade” , it just looks to me like someone is being paid to move shares. Where are they going and why? Time will tell…..
The only thing that I can do is put the fundamentals together.
The world needs lng, America has gas, Delfin has a project in development that would serve the need. They have been working on this project for a while. It appears to have a competitive advantage ie low cost provider.
They need money to build it, it’s risky, they own a public company called Theglobe.com.
They need money.
For all we know: they have a order date? We will be the very last to know about every aspect of this project.
We have zero knowledge of Delfin’s negotiations with Samsung or any other ship builder. Any articles that you may have read regarding ship yard space being lockup, I recommend that you take as a grain of salt. All commodities reporting is highly speculative not much different than what we are doing here.
Common miss conceptions:
1) Delfin has to “hurry up” and get their order in for the FLNG. Really? you think they are buying some hot commodity from the Home Depot or is this part of a long negotiation similar to a large real estate transaction?
2) They have to “hurry up” because the price of gas is going down. Lol, this is a good thing! Delfin is best served by a lower stable underlying commodity price. The lower gas price makes the deal better for the buyers and has little or zero effect on a midstream company who has to charge a fixed price for their services.
3) They have to….. because interest rates are going up. Again this simply pushes the FID decision to involve a public company. When you barrow money you have to pay it back, when you sell equity, that money never has to be paid back. Private equity gets more skittish as rates increase.
Perhaps with a little FOMO, a tiny locked float, and a greedy Morgan Stanley acting as an underwriter: We might see $50 per share:)
A real piece of data to chew on: VG just sold one billion dollars of senior notes at 6.25%
We don’t know there exact financial position because they are a PC. However I assume they are in a solid financial position.
If VG can sell debt at 6.25%, my guess is that Delfin could only sell notes if they were backed by something, ie capital stock of a public company. Even then, I suspect the notes would be written in the 9% range.
Perhaps Delfin will need to sell equity:)
I know that you know that we are on the same page. Minor detail, but when I say that I believe it will go from pennies to $10 instantly, I do mean that.
I believe that once a deal is signed and filled (provided it’s a merger) the deal will show investment dollars for equity.
Standard practice has been $10 per share. At that moment the price goes to 10 dollars. That would be the “gap up”.
Lol if I were to place an external bet on this trade, I bet our shares are worth $5 each for every share you have. 1:2 RS then $10 .
100% agree and well stated. I will add that in light of what you just said, this might very well explain why tglo has had a short interest of about 80k shares for many years. But recently it’s been moved to 400k. They need to keep a lid on it, until they come to terms with everyone.
I don’t know why my statement would be considered mean or unkind. I wish everyone here good fortune. I simply stated the facts as I see them.
If it goes to June and there is no news, then I predict a price of .10 or less
If we get any good news that is real and factual then it goes to $1
If we get a RM and FID it opens at $10
I am betting on the later. When does it happen? Why do a few shares move here or there? I don’t know.
I have seen seven and a half digits in my tglo account. I really don’t care if it goes back to five digits.
Delfin will have to sell EQ if they are to ever achieve FID. And I know that Delfin and their friends have 97 or 98 % of tglo.
This investment (I hate using that term here) is an all or nothing. Thus: price for me is meaningless while it’s still a shell. Like others who have been here for years, I am going to see it through. I have been to .018 ish. So .06 for new investors is generous.
I hope they run it down to .06, it would be a great test for the new holders. String it out a while longer too. Would be another good test.
I think we have a few different types of share holders and traders here.
1. Obviously Delfin, they directly hold 71% and have not sold anything.
2. Delfin’s partners. Egan* Talisman and potentially •several others.
* we have zero idea who now owns and or controls Egan’s shares
* we have no idea who they are but I could speculate that they are or will be Enbridge, Vitol, Devon, Blackrock, JP Morgan etc…
3. Long term public retail who fully understand what they own and the potential (again I believe this is a very small fraction)
4. Short term retail who bought from group 3 between .20 and .85. I believe this group is more likely to sell as the price continues its decline.
Are Delfin and Partners still buying? I don’t know, but I know for me this is a merger or bust deal.