5th December onwards i think,when licences will be awarded to FOGL.
when will this go up
Any ideas ??
from this bb. ------------------- Shame as I do hold some but he/she was reading this downward trend well. Think I'll look in nearer Christmas and the New Year.------------------------ God bless us everyone ----------------------
there is finally some positive news from Premier Oil
26 Nov '13
more on retail bond
Premier Oil is looking to raise cash from savers with a seven-year retail bond offering an annual return of 5 per cent. The offer from the oil and gas explorer and producer requires a minimum investment of £2,000 and the official deadline is 6 December. But retail bond deals can close early if they prove popular enough to meet firms' fundraising targets quickly. Another oil firm, EnQuest, launched a 'top-up' on an existing retail bond returning 5.5 per cent last Wednesday, but this has already closed. Both are listed on the Orb market and so can be traded second-hand. The two FTSE 250-listed oil firms join a rush of others seeking to borrow cash from ordinary investors - the varied group has included crimebusting firm SmartWater, student housing owner Unite, haulage business Stobart Group, doctor's surgery landlord PHP and solar panel company A Shade Greener, among many others. But savers have to tread with care, because if you buy company debt via these bonds the money you make back depends on the firm involved not going bust. This is an investment and unlike a savings account you are not protected by the UK's Financial Services Compensation Scheme that guards against losses up to £85,000 if the worst happens and a savings provider goes out of business. Some retail corporate bonds are listed on the London Stock Exchange's ORB market, which allows you to trade the bonds before the maturity date. This means you can make money early if you sell when they trade higher than the offer price, but you can also lose if the price is lower. Read more: http://www.dailymail.co.uk/money/investing/article-2513318/Premier-Oil-offers-5-return-savers-willing-buy-retail-bonds.html#ixzz2lkoqKo65 Follow us: @MailOnline on Twitter | DailyMail on Facebook
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