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Some decent ones throughout the day too, just one example, a £292k buy:
07-Jan-19 16:25:23 44.8872 651,003 Buy* 44.65 44.75 292.22k O
A lot of buyer coming through after close.
Artemis 1.84%
Standard Life 7.11%
Dimensional Fund 1.84%
State Street Global 1.1%
Norges Bank 2.37%
Legal & General 5.7%
Ruffer LLP 1.15%
River and Mercantile Asset 1.24%
Nomura International 2.613% (2.613% short)
Prudential Plc / M&G 9.07%
State Street Global 1.12246%
Carlson Capital 2.525%
Schroders plc 1.482%
FMR LLC / FIL Ltd 7.09%
The Vanguard Group 2.95%
BlackRock 3.41%
Barclays 1.25% (short 1.26%)
Petrus Advisers 2.49%
Azvalor 7.819%
Total declared = +62%
few more large ones to declare ...
Oh yeah, it's just the same two numbers switched! Well spotted. I'd assume that they aren't shorting also... I'd probably think twice if investing with them :D
Not sure Nomura International filled their form out correctly ...... lol
Artemis 1.84% Standard Life 7.11% Dimensional Fund 1.84% State Street Global 1.1% Norges Bank 2.37% Legal & General 5.71% Ruffer LLP 1.15% River and Mercantile Asset 1.24% Nomura International 2.613% (2.613% short) Prudential Plc / M&G 9.07% State Street Global 1.12246% Carlson Capital 2.525% Schroders plc 1.482% FMR LLC / FIL Ltd 7.09% The Vanguard Group 2.95% BlackRock 3.49% Barclays 1.25% (short 1.26%) Petrus Advisers 2.49% Azvalor 7.819% Total declared = 62.42% few more large ones to declare ...
Now the news about Block R is out, perhaps Medco will now confirm their offer soon. I expect they could offer a takeover price after the 15th trading statement and anyway they have up to "5.00 pm on 28 January 2019" to put up or shut up. 3 weeks.
Baz
as you say your very new to this game.
now try reading some books Elder for a start, you may learn something and then understand some basics of the market.
We're waiting for an offer do you get the drift??
No chance. Can't even hit 47.
it was all but gone J imho reading back tbrough the last results ECT.
No mate well above here 55 to 60p imho
dusterinmong, no way was this news already expected as per comment below...
"Alan Booth, Interim Chief Executive of Ophir, commented: "It is disappointing that the Ministry has decided not to extend the licence, despite the amount of effort and cost dedicated to the delivery of the project and especially as we were still talking to highly credible potential co-investors. Nevertheless, we will continue to work constructively with the authorities in Equatorial Guinea. I should like to thank everyone in the Ophir project team; you gave this your very best endeavours."
IAmNotAnAnalyst,
Bid / Offer still being actively managed so imo someone is still loading up.
So yes, well in excess of 45p
So are we saying the T/O price is 45p? Or is there an x% chance of a takeover happening at a price of >45p?
johnny
This was all but written off anyway see previous RNS last year.
In my honest it was just a waiting game as it would look very silly for medco to offer x price last week then e.g. licence news comes out.
The reaction of the market says it all done deal now we have everything out in the open and let's sort the price on the Asian assets prob done already imho
"As outlined in our announcement of 31 December 2018, Ophir and Medco have entered into discussions about a possible cash offer to be made by Medco for the entire issued and to be issued share capital of Ophir. Our discussions with Medco have taken place in the shared knowledge that there were a number of potential outcomes with respect to our Fortuna asset, and these discussions continue."
Medco may now be inclined to offer a lower price in light of today´s loss of Block R, Equatorial Guinea. However, next news may change their mind if positive...
"The next scheduled announcement by the Ophir will be our pre-close trading statement on 15 January 2019 when we shall update investors on the progress made throughout our portfolio and the advances to our production and cashflow base in Southeast Asia."
https://www.investegate.co.uk/ophir-energy-plc--ophr-/rns/ophir-energy--block-r-licence--equatorial-guinea/201901070700033020M/
If I was Medco, I would put an offer in that would guarantee first time acceptance by the shareholders. No messing around with a cheeky offer as this would only attract other sharks to feed imo.
Cheeky offer 58p
Killer offer 77p
imo
nice
Ammu
How correct you are done deal and the market looks like it knows 100%
Poor Cavendish.
So open blue ... interesting. Surprised a few including me. Looks like a deal done to me.
60p imo
Looks like it now the decks have cleared market went up this morning very interesting indeed
Subject07/1/2019
07:44ashkv: Ophir net assets were US$ 1,087,219,000 as of half year 2018 results on 30 June 2018 Even if impaired for $300mn per announcement Ophir assets are $787 MILLION at current share price of 44.80 and GBPUSD of 1.27 - Ophir market cap is $402.5m - based on assets Ophir Share Price should be near double at 88p, FORTUNA SHOULD HAVE BEEN FULLY PRICED IN - ONLY A NUMBNUTZ WOULD THINK THERE WAS A LESS THAN 95% CHANCE
Interesting we have almost 60% ( as of now known notifications) of the company held by Institutions and no doubt this will climb to imo +80%.
Now, ask yourself, would these pro investors still be involved unless there was something in it for them.
Artemis 1.84%
Standard Life 7.11%
Dimensional Fund 1.84%
State Street Global 1.1%
Norges Bank 2.37%
Legal & General 5.71%
Ruffer LLP 1.15%
River and Mercantile Asset 1.24%
Nomura International 2.614%
Prudential Plc / M&G 9.07%
State Street Global 1.12246%
Carlson Capital 2.525%
Schroders plc 1.482%
FMR LLC / FIL Ltd 7.09%
The Vanguard Group 2.95%
BlackRock 3.49%
Barclays 1.30% (but short 1.32%)
Petrus Advisers 2.49%
Azvalor 7.819%
few more large ones to declare ...
Offer price predictions: 48p - Mor16 50p - IAmNotAnAnalyst 48-52p (50p average) - munchbox54 55p/58p (56.5p average) - dusterinmong 58p - NewKOTB 60p - Harts 55-65p (60p average) - Ammu123 55-65p (60p average) - ArielArrow 70p - Rookie1 70p - LuckCounts Betting shop is now closed, let's see what happens in this week ahead. GLA