Only way GKP would of convinced someone to put up $250m,would be to show them that they will be getting paid for there oil,dont care about the 13% interest as no one would put up that kind of cash without some sort of payment in place gla....
speculative company ( post 16:00) Now that would imply one of a few scenarios 1 The company are speculating that they will find oil well I guess the CPR rules that out if nothing else before it, even discounting any potential (likely) upside.
2 Speculating to accumulate well I could agree on that as they are taking loans to accumulate higher production levels and to increase OIP etc so that would be a good thing in anyone's book. Increasing assets.
3 perhaps you mean speculative company as in investors are speculating? Well every share on every market is speculative. Lets look at banking, 7 years ago that looked a safe speculative punt, then came the crash. Lets look at the dot com companies in mid 1990's , then the boom and bust. Every sector, every market is a speculative punt The CPR has hit the SP but its the first real minimum value, please understand that word minimum. Seems that some big investors understand the situation and the CPR as they are adding excess of $200m I would suggest that they are privy to better information than you, i or anyone on this or any other forum. Did you have to sell out, did the market catch you out. I am not one to play on others misfortune so do not want you to answer on the forum. However something like that has rattled your cage but I suggest you wipe your mouth and move on. spreading malicious poison is just going to make you unpopular, which maybe your used to. Seriously move on, look for another share to make up your loses, or buy in now at the super buying price here. This forum has had an air of decorum and your unresearched, unable to clarify and negative unjustified speculation is not what this board is about. Its about facts justified speculation and research. you spouted your negativity, had your rant, maybe its time to move on. Tchau
Just looked in to see if anything interesting was happening and read unadulterated vitriol and rubbish. What a shame. Anyway good luck with your keyboard duelling ... I am off to the pub for some Oakham ale.
...a reasonable question, obeit with a touch of sarcasm, firstly, I did not question other people's wealth nor mock anyone directly for loosing money, I challenged Andyspliff to send me his email and I would have sent him my HSBC Invest Direct contract note on GKP shares, how many and at what price I bought and sold it at, my offer remains, proof is in the pudding as they say. I am merely warning people of this share, I do not short shares as I believe this is way too risky and is best left for the big boys whom play with other people's money (OPIUM), I am sure there are some whom agree with me, I hope that answers your question and you do not feel the need to insult me......not that I mind, as you have probably already gathered.
Datafeed and UK data supplied by NBTrader and Digital Look.
While London South East do their best to maintain the high quality of the information displayed on this site,
we cannot be held responsible for any loss due to incorrect information found here. All information is provided free of charge, 'as-is', and you use it at your own risk.
The contents of all 'Chat' messages should not be construed as advice and represent the opinions of the authors, not those of London South East Limited, or its affiliates.
London South East does not authorise or approve this content, and reserves the right to remove items at its discretion.