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Bullboard - Stock Discussion Forum MENA Hydrocarbons, Inc. SKNAF

"MENA Hydrocarbons Inc was incorporated on May 11, 2010. The Company is engaged in oil and gas exploration, development and acquisition of properties in the Mediterranean and Middle Eastern regions. The Company's current assets include Egypt: Lagia and Syria: Block IX."

GREY:SKNAF - Post Discussion

MENA Hydrocarbons, Inc. > We are getting paid while we wait :-)
View:
Post by ricardo135 on Aug 18, 2015 2:05am

We are getting paid while we wait :-)

SacOil is on an upswing. I still don't have certificate's but until then it is nice to see shares rise while we wait. 3.1mil vol low 24 high 27 and sitting @ 26. MENA!!! I want my SacOil Shares and an explanation!!!! lol GLA Cheers
Comment by Winny1 on Aug 18, 2015 3:28am
I did not know that. Thanks
Comment by Winny1 on Aug 18, 2015 6:42am
The London Stock Exchange shows no action. Very different than the Johannasburg Stock Exchange.
Comment by Winny1 on Aug 19, 2015 5:42am
I just checked by account and I do see my number of Sacoil shares. It is temporarily listed as Mena. I was surprised to see that because I thought we would get a physical certificate first. Anyways, the wait is almost over. Not sure when I want to sell my Sacoil shares.
Comment by azziff on Aug 19, 2015 11:06am
RBC ACTION Direct is showing my shares also...will be calling in a bit to find out further details...keep you posted!
Comment by azziff on Aug 19, 2015 2:18pm
Only info RBC has is that it is a "distribution as a result of a spinoff" and is "temporarily listed as Mena Hydrocarbons and another further transaction will be made within 48 hours, maybe even today".? That's what I was told...GLTA!
Comment by flinger321 on Aug 19, 2015 3:19pm
Thanks for the 411
Comment by flinger321 on Aug 19, 2015 12:36pm
My 80000 are also showing up on CIBC
Comment by flinger321 on Aug 19, 2015 12:41pm
what I can't seem to fins is how much each share is worth?
Comment by azziff on Aug 19, 2015 2:20pm
I can only say what shows with RBC, the dollar amount generally shows up after midnight the day of the transaction. Until then it shows only the share amount.
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