Antares Energy Ltd (AZZEF) 0.5720 $AZZEF
Lone Star Value Responds To General Meeting Results
PR Newswire - Tue Jul 22, 4:35PM CDT
Lone Star Value Investors, LP ("Lone Star Value"
, owner of more than 18 million shares representing 7.1% of Antares Energy Limited ("Antares" (ASX: AZZ) (AZZEF), today issued the following statement in response to the apparent vote to retain the current directors on the Board of Directors of Antares at 22 July General Meeting of shareholders.
Lone Star Value Questions Antares Energy's Second Trading Halt In A Month And Demands Details About New Announced Unsolicited Bid
PR Newswire - Fri Jul 18, 12:15AM CDT
Lone Star Value Investors, LP today raised serious concerns over what it believes is another incoherent and apparently manipulative decision of Antares Energy Limited (ASX: AZZ) (AZZEF) to seek yet another abrupt trading halt of Antares' shares due to Antares' announcement it has received a second unsolicited bid this month. Antares' timing is questionable, coming right before the 22 July General Meeting where Lone Star Value is seeking the election of five independent, highly-qualified director candidates and the removal of two employee directors from the Board. Recently, both leading proxy advisory firms, Institutional Shareholder Services (ISS) and Glass Lewis & Co, supported Lone Star Value's campaign to revitalise the Board of Antares.
Glass Lewis & Co. Affirms The Need For Change On Antares Energy's Board And Recommends Lone Star Value Nominees As New Directors Of Antares Energy
PR Newswire - Tue Jul 15, 8:54PM CDT
Leading independent proxy voting advisory firm Glass Lewis & Co., LLC ("Glass Lewis" has recommended that shareholders of Antares Energy Ltd (ASX: AZZ) (AZZEF) vote FOR the election of four Lone Star Value independent director candidates at the 22 July General Meeting and to remove two employee directors from the Board. Glass Lewis' strong endorsement of Lone Star Value's campaign to revitalise the Antares Board follows a favorable recommendation by the other leading proxy advisory firm, Institutional Shareholders Services ("ISS" , last week, which also expressed strong support of Lone Star Value's slate.
Lone Star Value Puts Antares Energy Board Of Directors On Notice Regarding Recent Questionable Conduct
PR Newswire - Tue Jul 15, 8:00AM CDT
Lone Star Value Investors, LP is a significant shareholder of Antares Energy Limited (ASX: AZZ) (AZZEF) and is seeking the election of five independent directors and the removal of two employee directors at 22 July General Meeting of Antares. Lone Star Value today demanded an immediate response from the Board of Directors of Antares regarding questionable trading activity by CEO Cruickshank and Director Shoemaker as well as the timing and the selective placement of the recent convertible note issuance which may have put in the hands of unknown parties a significant voting power right before the general meeting.
Institutional Shareholder Services (ISS) Recommends Lone Star Value Nominees As New Directors Of Antares Energy
PR Newswire - Wed Jul 09, 3:23PM CDT
Leading independent proxy voting advisory firm Institutional Shareholder Services ("ISS" has recommended that shareholders of Antares Energy Ltd (ASX: AZZ) (AZZEF) vote in favour of the appointment of three new independent directors proposed by major shareholder, Lone Star Value Investors, LP, and also vote in favour of removing two executive directors from the Board.
Lone Star Value Questions Antares' Asset Sale Announcement
PR Newswire - Tue Jul 08, 5:40PM CDT
Lone Star Value Investors, LP is open to any and all ways to maximize value for Antares' shareholders including a sale of all of Antares Energy Limited's (ASX: AZZ) (AZZEF) Permian Basin assets. However, any asset sale must be done through a full and fair auction process to the highest bidder and ALL the cash must be returned to Antares' shareholders. Lone Star Value strongly believes its proposed nominees are better able to maximize value for Antares shareholders and oversee an effective sale process than are Antares' employee directors. Lone Star Value estimates Antares' assets could be worth well in excess of US$300 million if a robust sales process is overseen by an improved Board with Lone Star Value's candidates.
Lone Star Value Raises Questions About CEO's Share Trading Activity In The Days Leading Up To Antares' Asset Sale Announcement
PR Newswire - Mon Jul 07, 8:00AM CDT
Lone Star Value Investors, LP ("Lone Star Value" owns 7% of Antares Energy Limited ("Antares" (ASX: AZZ) (AZZEF) and is seeking to upgrade and enhance Antares' Board through the election of five new independent directors and the removal of two employee directors at a General Meeting of Antares scheduled for July 22, 2014. Lone Star Value today issued a statement questioning recent share trading activity by Antares' Chairman and CEO, James Cruickshank, in the days immediately preceding the announcement of Antares' planned asset sale in June of last year.
Lone Star Value Issues Personal Letter To Antares Shareholders
PR Newswire - Fri Jun 27, 8:00AM CDT
Lone Star Value Investors, LP ("Lone Star Value", "we", or "us" is a significant shareholder of Antares Energy Limited (ASX: AZZ) (AZZEF) ("Antares" or the "Company" and is seeking to enhance the Board of Antares (the "Board" through the election of five new independent directors and the removal of two employee directors at a General Meeting of Antares. Today, Lone Star Value issued a personal letter from its founder, Jeffrey E. Eberwein, to the shareholders of Antares.
Lone Star Value Delivers Open Letter To Antares Chairman And CEO
PR Newswire - Wed Jun 18, 2:35PM CDT
Lone Star Value Investors, LP (together with its affiliates, "Lone Star Value" or "we" , a significant shareholder of Antares Energy Limited (ASX: AZZ) (OTC: AZZEF) ("Antares" or the "Company" , today delivered an open letter to Antares Chairman and CEO, James Cruickshank. The full text of the letter follows.
Lone Star Value Questions Antares Board Over Asset Sales In Advance Of A Board Election
PR Newswire - Fri Jun 13, 8:00AM CDT
Lone Star Value Investors, LP, a significant shareholder of Antares Energy Limited (ASX: AZZ) (OTC: AZZEF), is seeking the removal of two of the current executive directors of Antares and the election of five new independent and highly-qualified directors to the Board at a meeting of the shareholders to be held on 22 July.
Market Maker Surveillance Report. BSX, EMC, AZZEF, FMCC, FNMA, BBRY, Highest Net Sell Volume and Negative Price Friction For Thursday, April 11th 2013
M2 - Fri Apr 12, 2:38AM CDT
BUYINS.NET / www.buyins.net, announced today its proprietary Market Maker Friction Factor Report for Thursday. Since October 2008 market makers are now required to be on the bid as much as they are on the offer and for like amounts of stock. This Fair Market Making Requirement is designed to prevent market makers from manipulating stock prices. On Thursday there were 3972 companies with "abnormal" market making, 2984 companies with positive Friction Factors and 2382 companies with negative Friction Factors. Here is a list of the top companies with the highest net sell volume on Thursday and lowest negative price Friction (bearish). This means that there was more selling than buying in the stocks and their stock prices dropped faster with less Friction. Boston Scientific Corp (NYSE:BSX), EMC Corp (NYSE:EMC), ANTARES ENERGY LTD (OTC:AZZEF), Federal Home Loan Mortgage Corp (OTC:FMCC), Federal National Mortgage Association (OTC:FNMA), (NASDAQ:BBRY). To access Friction Factor, Naked Short Data and SqueezeTrigger
Lone Star Value Responds To General Meeting Results
PR Newswire - Tue Jul 22, 4:35PM CDT
Lone Star Value Investors, LP ("Lone Star Value"
, owner of more than 18 million shares representing 7.1% of Antares Energy Limited ("Antares" (ASX: AZZ) (AZZEF), today issued the following statement in response to the apparent vote to retain the current directors on the Board of Directors of Antares at 22 July General Meeting of shareholders. Lone Star Value Questions Antares Energy's Second Trading Halt In A Month And Demands Details About New Announced Unsolicited Bid
PR Newswire - Fri Jul 18, 12:15AM CDT
Lone Star Value Investors, LP today raised serious concerns over what it believes is another incoherent and apparently manipulative decision of Antares Energy Limited (ASX: AZZ) (AZZEF) to seek yet another abrupt trading halt of Antares' shares due to Antares' announcement it has received a second unsolicited bid this month. Antares' timing is questionable, coming right before the 22 July General Meeting where Lone Star Value is seeking the election of five independent, highly-qualified director candidates and the removal of two employee directors from the Board. Recently, both leading proxy advisory firms, Institutional Shareholder Services (ISS) and Glass Lewis & Co, supported Lone Star Value's campaign to revitalise the Board of Antares.
Glass Lewis & Co. Affirms The Need For Change On Antares Energy's Board And Recommends Lone Star Value Nominees As New Directors Of Antares Energy
PR Newswire - Tue Jul 15, 8:54PM CDT
Leading independent proxy voting advisory firm Glass Lewis & Co., LLC ("Glass Lewis"
has recommended that shareholders of Antares Energy Ltd (ASX: AZZ) (AZZEF) vote FOR the election of four Lone Star Value independent director candidates at the 22 July General Meeting and to remove two employee directors from the Board. Glass Lewis' strong endorsement of Lone Star Value's campaign to revitalise the Antares Board follows a favorable recommendation by the other leading proxy advisory firm, Institutional Shareholders Services ("ISS" , last week, which also expressed strong support of Lone Star Value's slate. Lone Star Value Puts Antares Energy Board Of Directors On Notice Regarding Recent Questionable Conduct
PR Newswire - Tue Jul 15, 8:00AM CDT
Lone Star Value Investors, LP is a significant shareholder of Antares Energy Limited (ASX: AZZ) (AZZEF) and is seeking the election of five independent directors and the removal of two employee directors at 22 July General Meeting of Antares. Lone Star Value today demanded an immediate response from the Board of Directors of Antares regarding questionable trading activity by CEO Cruickshank and Director Shoemaker as well as the timing and the selective placement of the recent convertible note issuance which may have put in the hands of unknown parties a significant voting power right before the general meeting.
Institutional Shareholder Services (ISS) Recommends Lone Star Value Nominees As New Directors Of Antares Energy
PR Newswire - Wed Jul 09, 3:23PM CDT
Leading independent proxy voting advisory firm Institutional Shareholder Services ("ISS"
has recommended that shareholders of Antares Energy Ltd (ASX: AZZ) (AZZEF) vote in favour of the appointment of three new independent directors proposed by major shareholder, Lone Star Value Investors, LP, and also vote in favour of removing two executive directors from the Board. Lone Star Value Questions Antares' Asset Sale Announcement
PR Newswire - Tue Jul 08, 5:40PM CDT
Lone Star Value Investors, LP is open to any and all ways to maximize value for Antares' shareholders including a sale of all of Antares Energy Limited's (ASX: AZZ) (AZZEF) Permian Basin assets. However, any asset sale must be done through a full and fair auction process to the highest bidder and ALL the cash must be returned to Antares' shareholders. Lone Star Value strongly believes its proposed nominees are better able to maximize value for Antares shareholders and oversee an effective sale process than are Antares' employee directors. Lone Star Value estimates Antares' assets could be worth well in excess of US$300 million if a robust sales process is overseen by an improved Board with Lone Star Value's candidates.
Lone Star Value Raises Questions About CEO's Share Trading Activity In The Days Leading Up To Antares' Asset Sale Announcement
PR Newswire - Mon Jul 07, 8:00AM CDT
Lone Star Value Investors, LP ("Lone Star Value"
owns 7% of Antares Energy Limited ("Antares" (ASX: AZZ) (AZZEF) and is seeking to upgrade and enhance Antares' Board through the election of five new independent directors and the removal of two employee directors at a General Meeting of Antares scheduled for July 22, 2014. Lone Star Value today issued a statement questioning recent share trading activity by Antares' Chairman and CEO, James Cruickshank, in the days immediately preceding the announcement of Antares' planned asset sale in June of last year. Lone Star Value Issues Personal Letter To Antares Shareholders
PR Newswire - Fri Jun 27, 8:00AM CDT
Lone Star Value Investors, LP ("Lone Star Value", "we", or "us"
is a significant shareholder of Antares Energy Limited (ASX: AZZ) (AZZEF) ("Antares" or the "Company" and is seeking to enhance the Board of Antares (the "Board" through the election of five new independent directors and the removal of two employee directors at a General Meeting of Antares. Today, Lone Star Value issued a personal letter from its founder, Jeffrey E. Eberwein, to the shareholders of Antares. Lone Star Value Delivers Open Letter To Antares Chairman And CEO
PR Newswire - Wed Jun 18, 2:35PM CDT
Lone Star Value Investors, LP (together with its affiliates, "Lone Star Value" or "we"
, a significant shareholder of Antares Energy Limited (ASX: AZZ) (OTC: AZZEF) ("Antares" or the "Company" , today delivered an open letter to Antares Chairman and CEO, James Cruickshank. The full text of the letter follows. Lone Star Value Questions Antares Board Over Asset Sales In Advance Of A Board Election
PR Newswire - Fri Jun 13, 8:00AM CDT
Lone Star Value Investors, LP, a significant shareholder of Antares Energy Limited (ASX: AZZ) (OTC: AZZEF), is seeking the removal of two of the current executive directors of Antares and the election of five new independent and highly-qualified directors to the Board at a meeting of the shareholders to be held on 22 July.
Market Maker Surveillance Report. BSX, EMC, AZZEF, FMCC, FNMA, BBRY, Highest Net Sell Volume and Negative Price Friction For Thursday, April 11th 2013
M2 - Fri Apr 12, 2:38AM CDT
BUYINS.NET / www.buyins.net, announced today its proprietary Market Maker Friction Factor Report for Thursday. Since October 2008 market makers are now required to be on the bid as much as they are on the offer and for like amounts of stock. This Fair Market Making Requirement is designed to prevent market makers from manipulating stock prices. On Thursday there were 3972 companies with "abnormal" market making, 2984 companies with positive Friction Factors and 2382 companies with negative Friction Factors. Here is a list of the top companies with the highest net sell volume on Thursday and lowest negative price Friction (bearish). This means that there was more selling than buying in the stocks and their stock prices dropped faster with less Friction. Boston Scientific Corp (NYSE:BSX), EMC Corp (NYSE:EMC), ANTARES ENERGY LTD (OTC:AZZEF), Federal Home Loan Mortgage Corp (OTC:FMCC), Federal National Mortgage Association (OTC:FNMA), (NASDAQ:BBRY). To access Friction Factor, Naked Short Data and SqueezeTrigger
