We would love to hear your thoughts about our site and services, please take our survey here.
London South East prides itself on its community spirit, and in order to keep the chat section problem free, we ask all members to follow these simple rules. In these rules, we refer to ourselves as "we", "us", "our". The user of the website is referred to as "you" and "your".
By posting on our share chat boards you are agreeing to the following:
The IP address of all posts is recorded to aid in enforcing these conditions. As a user you agree to any information you have entered being stored in a database. You agree that we have the right to remove, edit, move or close any topic or board at any time should we see fit. You agree that we have the right to remove any post without notice. You agree that we have the right to suspend your account without notice.
Please note some users may not behave properly and may post content that is misleading, untrue or offensive.
It is not possible for us to fully monitor all content all of the time but where we have actually received notice of any content that is potentially misleading, untrue, offensive, unlawful, infringes third party rights or is potentially in breach of these terms and conditions, then we will review such content, decide whether to remove it from this website and act accordingly.
Premium Members are members that have a premium subscription with London South East. You can subscribe here.
London South East does not endorse such members, and posts should not be construed as advice and represent the opinions of the authors, not those of London South East Ltd, or its affiliates.
Didn’t think of that Bladesman, better slash my wrists....
Re 88.88 close, What if you are Hong Kong Chinese and work for ARCM? Auspicious or audacious!?
Closed on 8888 now if I was Chinese I’d said that’s v auspicious.
Bladesman the way the business is now growing organically I think that it is a given. The debt is being sorted,the only thing that concerns is SL, just hope TD farms it out like Tolmount. Better to keep it on hold until good terms are sorted, granny & sucking eggs comes to mind.
Beer bull, fully agree. TD needs to make a clear and unequivocal statement in the Zama update Rns that the ENTIRE sale proceeds will be used to pay down debt. Furthermore any future exploration capex will be from existing funds not new equity issue.
I'm sure GS are quaking in their boots incase the dreaded FCA are looking at shorts, more like the only shorts they will look at are in M&S.
On top of TLW revealing the short had the short term impact of knocking back the sp. IMO this reveal is a good result for PMO, if it was needed there is additional pressure to focus on debt reduction & not acquisitions. I know it’s famous last words, but I think we are looking good for the foreseeable.
I am never really good at this - always a bit of a temper.
They crossed the threshold for disclosure in Feb 17 - PMO peaked at 96p just before that VWAP - I really hope they didn't keep adding to the position after this - for the rest of 2017 the SP could not get over 77p. If they have added a lot to the position in 2018 we are laughing - they can close a lot of it for huge win. For 2019 they would have exposure.
Problem is I have not got a clue how they built up the short - hopefully during period PMO spiked which is why it crashed down so heavily again.
The gambler in me says with ZAMA news imminent and the fact their short is now known - they may start to close. If they do PMO will be in the top performers for 2020. I think £2 will be likely.