re extra shares, not brilliant news. Not a word from the new fella yet which has surprised me. Almost sold today but decided to wait until the end of the week to see if we get a decent rns with something positive. I thought I was buying at the bottom at 35p!!!!!
billtopo Good link on Dragon / GKP , the difference with both companies is the Dragon is over £5.00 a share already and GKP is 34p , so if GKP sold for £2 - £3 some would make a very big profit but if GKP did get an offer of around £7.50 that could be life changing for any new investor . worth taking a shot at this imo .
I'm not sure what you think has been misleading to the markets that GKP have said. Current plight is a pure liquidity one (and a pretty significant one). We are just a few months away from running out of cash and failing to meet bond interest payments unless we are paid and that is driving the share price down. It's not exactly a good place to be negotiating asset sales or farm in from. Likely placing merely gives co funds to meet Oct interest payment with the hope that another pre-payment or two gives operating cash into early 2016 so it really is a case of flying by seat of pants for a while yet until we get back payments from KRG (doesn't feel highly likely in immediate future) or asset sale (which Sky leak wasn't exactly optimistic on in near future). All this isn't exactly helping KRG increase production near term, but then again this is what they might want. Not feeling massively optimistic on this at the moment as not sure where the big positive news that breaks the cycle of struggle comes from. I do know this is a political / payments issue though rather than what the board has said in recent years. Clearly the ultra conservative CPR isn't helping with potential sales, but purchases should see beyond that of the data is there. Question is whether KRG want this sold and a (at least proportionate) value for the assets revealed.
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.