Atlantic Caspian Resources Plc

justpaper

i cant find a share price on this company,. not even a site apart from some address in london but cant get a number for it.

Alfie_E

Stock symbol US:ALCRY. See the price and history on the FT website.

Companies' House gives:

Company No: 02217532

Registered offices

Atlantic Caspian Resources plc
Ternion Court
264-268 Upper Fourth Street
Milton Keynes
MK9 1DP

There are telephone numbers at business.com Directory. I've no idea if those will work, but it does suggest they are connected with Schlatter Holding AG.

It looks to me like an extremely speculative investment.

justpaper

i buyed the shares a few years back and just a few days ago i was going thru some paper work and had a look at my shares cefts/ and then i was just looking up the share prices,. but couldnt find a price for the above,.. by looking at FT it seems like there not on the uk market ??

ill have to ring them numbers tomorrow,.

thanks for the reply,.

Alfie_E

I made a wrong assumption that you were looking to buy something, so I was looking for something that was being traded. I only looked very quickly, but I've now done a little further research. Sorry, the listing on the US market is not relevant to you; it just represents a device to allow trading in the US, although it is still being traded. Atlantic Caspian's symbol on the London Stock Exchange is UK:ACA. If you set the "Time frame" to "1-decade", you can see what's happened to the shares. It looks like trading in them ceased on May 2003.

In November 2003, Atlantic Caspian were taken over by Denby Holdings Ltd. There is a summary of Atlantic Caspian's Annual General Meeting for December of that year on Northcote Internet Ltd's Company Information for Atlantic Caspian Resources plc. Point 3 looks like Denby Holdings Ltd didn't have to make an offer to the other shareholders to buy their shares off them. In July 2004, Atlantic Caspian's shares were consolidated, with ten thousand old shares being replaced by one new one.

You probably also need to read the last part of Murky Deals At Gazprom. From all this, I believe that your shares would be worth very little, even if you are able to sell them.

justpaper

thanks very much,. i didnt know all them things even happened i cant remeber getting a later,. ill have to get around too ringing that number to find out whats up with the shares,. it seems like there worth noting at all ,. that 200£ down the drain

Alfie_E

I'm glad you only had two zeros in that figure. I wouldn't say "down the drain". It was a speculative investment. There was the potential to make a lot of money, but there was a lot of risk, as well. It was certainly no worse than, over the weeks, spending £200 on the National Lottery.

spiro123

Just had annual report from Denby Investment so guess there is still some value to the shares. AGM 5th November 2010

KAMH

Hi Spiro,
Thank you for posting about the AGM. Do you know what happened?
I bought 4000 Wedderburn Securities in April 97, which became Atlantic Caspian of course and now, apparently Denby Investment.
I have read, somewhere, about the 1 for 10,000 thing so realise that I no longer have an investment but wonder if you or anyone knows how to go about claiming the loss as a negligible investment for capital gains tax. I've looked at the HMRC website and have seen that this sort of thing is possible but don't know what proof I could provide - I have never received any correspondence even though I sent Aldbury Associates a change of address - perhaps I should write to them again?
Thanks in advance.
Karen

sulman_2

Can anyone help, just found my shares certificate which l brought back in April 2000 with Atlantic Caspian Resources PLC. Can not presently find any detail on company, is it still going? Are shares worth anything today? Where can l go to find any advise? This is not an area l know about, after moving a couple of times l thought l had lost the paperwork? Any advice, direction would grestly be appreciated.

valeriej43

I know this is an old post of yours from February, but wondered if you had got any further in your search, me, my son and daughter all bought shares as were tipped off it was a good investment, but i believe they went into liquidation,and were taken over,
I have recently come across papers and wondered if anything could be claimed back:)