What an idiot share!!!!! It is producing oil company and it's worth only 2 pence. What am ashame!!!!! If the management are sucks!!! What you all had done for this??? Still taking salary?? Sucking money from the investor like us???
The 20th July RNS stated that GKP was planning to issue 21,910,523,665 new Common Shares. However I note that the Open Offer is for only 2,294,295,672. Is this just part of the total amount to be issued or has the total amount been reduced ? Thanks
The way I see it someone is willing at this moment in time to give us $1 per barrel.banana and boat springs to mind.What you have got to ask yourselves is why did some companies buy out other oilies for a hell of a lot more than we have been offered when they could have waited till now to get it for fuc $ all.Surely analysts would have factored in low oil prices etc.Plus what happens to the money owed to the company/us.Has there ever been any interest added to this just like the 50 or so million going out every year.ummmmmmm
Lot of the folks who held from 400p+ down to 2.5p today did so as they feared that the "fat lady singing" type of corporate event would be announced any moment / day ..... It did not happen. And for many good reasons (if you think from a bidder's perspective), it won't happen still until at least when restructuring is complete.
to BUY the OO shares,bear in mind that there is a possibility of corporate action pre OO which would scupper the OO and then leave you with no shares at all.Think before acting.Good luck. Current Mckcap £25M +Debt less cash owed and $500/$600M to come back for costs etc through the PSC terms.So over thye Long Term,hardly any value attached to Shaikan.Incredible. Anything's possible from where we are at this point.
I have 90000 shares and with the OO i am located a further 200000 shares. But if i sell them this week so that i have funds available in my account to buy the extra allocation will i still be granted the extra 200000 come 13 september?
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.