MENA Hydrocarbons, Inc. SKNAF

Macquarie - Very Interesting

[BennyFarms]

 

 

MENA announced on January 19, 2012 that the Company has engaged Moyes & Co. to assist in the disposition of its US assets in Montana and Utah. These assets were recently evaluated in a 51-101 compliant reserve report to have a NPV10 after tax value of $24 million.

 

On March 21, 2012 the Company announced that it plans to complete a convertible debenture private placement financing of units at a price of CAD$1,000 per unit for aggregate gross proceeds of up to CAD$8.0 million (the “Offering”). MENA has engaged Macquarie Private Wealth Inc. (the “Agent”) to sell, on a commercially reasonable efforts agency basis, up to 5,000 units for gross proceeds of up to CAD$5.0 million (the “Brokered Offering”). The balance of the financing, consisting of 3,000 units for gross proceeds of CAD$3.0 million, is expected to be completed by MENA on a non-brokered basis (the “Non-Brokered Offering”).

Each unit will consist of CAD$1,000 principal amount of convertible unsecured subordinated debentures (the “Convertible Debentures”) and 2,778 common share purchase warrants (“Warrants”). The Convertible Debentures will mature July 31, 2017, bear interest at a rate of 10% payable semi- annually in arrears on the last day of July and January of each year, commencing on July 31, 2012, and be convertible at any time at the option of the holder into 5,556 common shares of MENA (“Common Shares”) representing a conversion price of CAD$0.18 per Common Share. 

 

PS> Duriing Tax loss Selling Season Months of December Macquarie was the Largest Purchaer of Shares 2.7 Million Hmmm!

It always Interest me Who is willing to take a Big Chunk of Shares of Weak Handed Tax loss Sellers in December each year...especially when the shares had a tough 2012.

 

 

and When The Nws Update was released in Mid January...who was a Large Buyer...You Guessed it....Macquarie

 

Connect the Dots.......The Know Something ...and it appears Good Judjing from their Purchasing Actions

 

 

 

Trades for C:MNH on 20130115 - 139 trades displayed

Time ET	Ex	Price	Change	Volume	Buyer	Seller	Markers
15:59:35	V	0.055	0.005	13,000	1 Anonymous	13 Instinet	K
15:59:31	V	0.055	0.005	5,000	1 Anonymous	13 Instinet	K
15:33:10	V	0.06	0.01	3,000	85 Scotia	1 Anonymous	K
15:22:37	V	0.06	0.01	9,000	46 Macquarie	1 Anonymous	K
15:22:37	V	0.06	0.01	20,000	46 Macquarie	83 Mackie	K
15:22:37	V	0.06	0.01	21,000	46 Macquarie	1 Anonymous	K
15:21:19	V	0.055	0.005	1,000	1 Anonymous	95 Wolverton	K
15:20:53	V	0.055	0.005	400	95 Wolverton	33 Canaccord	E
15:20:53	V	0.055	0.005	13,000	1 Anonymous	33 Canaccord	K
15:20:53	V	0.055	0.005	25,000	13 Instinet	33 Canaccord	K
15:20:53	V	0.055	0.005	1,000	95 Wolverton	33 Canaccord	K
15:20:53	V	0.055	0.005	25,000	13 Instinet	33 Canaccord	K
15:20:53	V	0.055	0.005	13,000	13 Instinet	33 Canaccord	K
14:59:34	V	0.06	0.01	5,000	19 Desjardins	1 Anonymous	KW
14:58:07	V	0.06	0.01	7,000	80 National Bank	1 Anonymous	K
14:56:28	V	0.06	0.01	11,000	80 National Bank	1 Anonymous	K
14:50:47	V	0.06	0.01	6,000	19 Desjardins	1 Anonymous	KW
14:50:47	V	0.06	0.01	17,000	19 Desjardins	46 Macquarie	KW
14:45:25	V	0.06	0.01	5,000	7 TD Sec	46 Macquarie	K
14:43:40	V	0.06	0.01	3,000	89 Raymond James	46 Macquarie	K
14:43:40	V	0.06	0.01	20,000	89 Raymond James	83 Mackie	K
14:43:40	V	0.06	0.01	27,000	89 Raymond James	1 Anonymous	K
14:37:21	V	0.06	0.01	23,000	9 BMO Nesbitt	1 Anonymous	K
14:37:21	V	0.06	0.01	5,000	9 BMO Nesbitt	7 TD Sec	K
14:36:07	V	0.06	0.01	75,000	46 Macquarie	46 Macquarie	K
14:31:20	V	0.06	0.01	15,000	2 RBC	7 TD Sec	K
14:31:20	V	0.06	0.01	2,000	2 RBC	13 Instinet	K
14:31:20	V	0.06	0.01	2,000	2 RBC	13 Instinet	K
14:31:20	V	0.06	0.01	10,000	2 RBC	13 Instinet	K
14:31:20	V	0.06	0.01	20,000	2 RBC	83 Mackie	K
14:31:20	V	0.06	0.01	17,000	2 RBC	1 Anonymous	K
14:31:20	V	0.06	0.01	4,000	2 RBC	7 TD Sec	K
14:16:59	V	0.06	0.01	3,000	7 TD Sec	7 TD Sec	K
14:07:14	V	0.06	0.01	10,000	19 Desjardins	7 TD Sec	KW
14:07:05	V	0.06	0.01	33,000	2 RBC	7 TD Sec	K
14:07:05	V	0.06	0.01	8,000	2 RBC	13 Instinet	K
14:05:53	V	0.06	0.01	4,000	46 Macquarie	13 Instinet	K
14:05:53	V	0.06	0.01	50,000	46 Macquarie	1 Anonymous	K
14:05:53	V	0.06	0.01	20,000	46 Macquarie	13 Instinet	K
14:05:53	V	0.06	0.01	16,000	46 Macquarie	59 PI	K
14:00:34	V	0.06	0.01	4,000	48 Laurentian	59 PI	K
13:46:37	V	0.06	0.01	20,000	46 Macquarie	83 Mackie	K
13:46:37	V	0.06	0.01	100,000	46 Macquarie	1 Anonymous	K
13:30:52	V	0.06	0.005	444	58 Qtrade	95 Wolverton	E
13:18:53	V	0.055	0.005	2,000	13 Instinet	44 Jones Gable	K
13:18:53	V	0.055	0.005	30,000	13 Instinet	44 Jones Gable	K
13:18:53	V	0.055	0.005	50,000	7 TD Sec	44 Jones Gable	K
13:18:53	V	0.055	0.005	13,000	13 Instinet	44 Jones Gable	K
13:18:53	V	0.055	0.005	12,000	13 Instinet	44 Jones Gable	K
13:18:53	V	0.055	0.005	5,000	13 Instinet	44 Jones Gable	K
13:18:53	V	0.055	0.005	10,000	13 Instinet	44 Jones Gable	K
13:03:23	V	0.06	0.01	20,000	7 TD Sec	7 TD Sec	K
13:03:23	V	0.06	0.01	2,000	7 TD Sec	7 TD Sec	K
13:01:21	V	0.06	0.01	28,000	19 Desjardins	7 TD Sec	KW
12:46:36	V	0.055	0.005	30,000	13 Instinet	19 Desjardins	K
12:46:36	V	0.055	0.005	15,000	13 Instinet	19 Desjardins	K
12:46:36	V	0.055	0.005	10,000	7 TD Sec	19 Desjardins	K
12:46:36	V	0.055	0.005	45,000	1 Anonymous	19 Desjardins	K
12:31:12	V	0.06	0.01	20,000	85 Scotia	7 TD Sec	K
12:31:12	V	0.06	0.01	45,000	85 Scotia	1 Anonymous	K
12:17:39	V	0.065	0.015	25,000	46 Macquarie	13 Instinet	K
12:17:39	V	0.065	0.015	7,000	46 Macquarie	13 Instinet	K
12:17:39	V	0.065	0.015	10,000	46 Macquarie	13 Instinet	K
12:17:39	V	0.065	0.015	8,000	46 Macquarie	28 BBS	K
12:15:35	V	0.06	0.01	3,000	2 RBC	1 Anonymous	K
12:15:28	V	0.06	0.01	30,000	13 Instinet	1 Anonymous	K
12:15:00	V	0.06	0.01	30,000	13 Instinet	1 Anonymous	K
12:14:49	V	0.06	0.01	37,000	7 TD Sec	1 Anonymous	K
12:14:49	V	0.06	0.01	13,000	7 TD Sec	13 Instinet	K
12:14:48	V	0.06	0.01	132,000	1 Anonymous	13 Instinet	KW
12:14:25	V	0.06	0.01	50,000	89 Raymond James	13 Instinet	K
12:09:08	V	0.06	0.01	5,000	1 Anonymous	13 Instinet	K
12:09:08	V	0.06	0.01	50,000	1 Anonymous	1 Anonymous	K
12:09:08	V	0.06	0.01	45,000	1 Anonymous	1 Anonymous	K
12:08:48	V	0.06	0.01	5,000	46 Macquarie	1 Anonymous	K
12:08:48	V	0.06	0.01	50,000	46 Macquarie	83 Mackie	K
12:08:48	V	0.06	0.01	15,000	46 Macquarie	1 Anonymous	K
12:04:28	V	0.055	0.005	5,000	1 Anonymous	13 Instinet	K
12:04:28	V	0.055	0.005	50,000	1 Anonymous	13 Instinet	K
12:04:28	V	0.055	0.005	167,000	1 Anonymous	13 Instinet	K
12:04:28	V	0.055	0.005	5,000	13 Instinet	13 Instinet	K
12:04:28	V	0.055	0.005	5,000	13 Instinet	13 Instinet	K
12:02:19	V	0.06	0.01	25,000	89 Raymond James	1 Anonymous	K
11:58:38	V	0.06	0.01	50,000	46 Macquarie	1 Anonymous	K
11:58:38	V	0.06	0.01	50,000	46 Macquarie	83 Mackie	K
11:57:43	V	0.055	0.005	8,000	1 Anonymous	1 Anonymous	K
11:57:43	V	0.055	0.005	5,000	13 Instinet	1 Anonymous	K
11:57:43	V	0.055	0.005	87,000	89 Raymond James	1 Anonymous	K
11:56:15	V	0.06	0.01	50,000	2 RBC	1 Anonymous	K
11:56:15	V	0.06	0.01	50,000	2 RBC	83 Mackie	K
11:55:36	V	0.06	0.01	50,000	7 TD Sec	1 Anonymous	K
11:48:07	V	0.065	0.015	7,000	13 Instinet	95 Wolverton	K
11:47:47	V	0.07	0.02	33,000	1 Anonymous	1 Anonymous	K
11:47:47	V	0.07	0.02	17,000	1 Anonymous	1 Anonymous	K
11:46:33	V	0.07	0.02	30,000	2 RBC	85 Scotia	K
11:46:33	V	0.07	0.02	100,000	2 RBC	1 Anonymous	K
11:46:33	V	0.07	0.02	50,000	2 RBC	1 Anonymous	K
11:46:33	V	0.07	0.02	83,000	2 RBC	1 Anonymous	K
11:46:33	V	0.065	0.015	10,000	2 RBC	83 Mackie	K
11:45:09	V	0.065	0.015	30,000	85 Scotia	83 Mackie	K
11:44:40	V	0.065	0.015	20,000	89 Raymond James	83 Mackie	K
11:44:24	V	0.065	0.015	11,000	13 Instinet	83 Mackie	K
11:44:16	V	0.065	0.015	19,000	46 Macquarie	83 Mackie	K
11:44:16	V	0.065	0.015	6,000	46 Macquarie	1 Anonymous	K
11:43:48	V	0.065	0.015	40,000	7 TD Sec	1 Anonymous	K
11:42:49	V	0.06	0.01	1,000	1 Anonymous	95 Wolverton	K
11:42:26	V	0.065	0.015	4,000	19 Desjardins	1 Anonymous	KW
11:41:10	V	0.065	0.015	40,000	1 Anonymous	1 Anonymous	KW
11:40:58	V	0.065	0.015	500	13 Instinet	95 Wolverton	E
11:40:58	V	0.065	0.015	4,000	13 Instinet	1 Anonymous	K
11:40:52	V	0.065	0.015	6,000	13 Instinet	1 Anonymous	K
11:40:43	V	0.065	0.015	20,000	13 Instinet	1 Anonymous	K
11:40:39	V	0.065	0.015	30,000	46 Macquarie	1 Anonymous	K
11:40:39	V	0.065	0.015	10,000	46 Macquarie	7 TD Sec	K
11:39:18	V	0.06	0.015	800	95 Wolverton	89 Raymond James	E
11:39:06	V	0.065	0.015	50,000	46 Macquarie	1 Anonymous	K
11:39:06	V	0.065	0.015	40,000	46 Macquarie	85 Scotia	K
11:38:17	V	0.06	0.01	500	95 Wolverton	13 Instinet	E
11:38:17	V	0.06	0.01	4,000	1 Anonymous	13 Instinet	KW
11:38:17	V	0.06	0.01	57,000	1 Anonymous	1 Anonymous	KW
11:38:13	V	0.06	0.01	40,000	1 Anonymous	1 Anonymous	K
11:38:11	V	0.06	0.01	29,000	7 TD Sec	1 Anonymous	K
11:37:38	V	0.06	0.01	60,000	1 Anonymous	1 Anonymous	K
11:36:50	V	0.055	0.005	63,000	89 Raymond James	1 Anonymous	K
11:36:50	V	0.055	0.005	50,000	1 Anonymous	1 Anonymous	K
11:36:50	V	0.055	0.005	5,000	13 Instinet	1 Anonymous	K
11:36:50	V	0.055	0.005	2,000	1 Anonymous	1 Anonymous	K
11:35:38	V	0.06	0.01	14,000	89 Raymond James	1 Anonymous	K
11:35:38	V	0.06	0.01	11,000	89 Raymond James	7 TD Sec	K
11:35:38	V	0.06	0.01	75,000	89 Raymond James	46 Macquarie	K
11:35:23	V	0.055	0.005	1,000	1 Anonymous	95 Wolverton	K
11:33:15	V	0.06	0.01	40,000	46 Macquarie	46 Macquarie	K
11:32:08	V	0.06	0.01	35,000	89 Raymond James	46 Macquarie	K
11:32:01	V	0.055	0.005	67,000	1 Anonymous	33 Canaccord	K
11:32:01	V	0.055	0.005	33,000	46 Macquarie	33 Canaccord	K
11:30:00	V	0.055	0.005	900	95 Wolverton	33 Canaccord	E
11:30:00	V	0.055	0.005	12,000	46 Macquarie	33 Canaccord	K
11:30:00	V	0.055	0.005	5,000	46 Macquarie	7 TD Sec	K
11:30:00	V	0.055	0.005	5,000	13 Instinet	7 TD Sec	KL