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TeeDy-KGB
Good shot Sir. Lol i'm thinking of Del Boys Peckham spring water from the allotment. Well, PMO could do something with any water retained from its drills. It probably won't glow in the dark either.
I am sorry that we have been unable to respond to your emails but, as you can imagine, we have had a significant amount of incomings from investors following the announcement, and while we seek to respond to all investors questions we do not have an obligation to respond to investors who are rude or aggressive.
Lol just had chance to re read my reply I received off Pmo. Apparently saying the BOD are a shambles is rude and aggressive now? Is it a lie? Absolutely decimated shareholder value by hundreds of millions and Pmo or on their high horse about being polite!
Oh good grief......think i'll start shorting Pmo :)
back over 19p and i'll streak naked in front of the Premier Oil head office!!
Back over 16 then I'll do a little jig!!
What has premier oil come to when a close above 13p is seen as a positive.
didn't get to 13.50p but i'll take 13.38 UT trade. not a bad finish. well off the lows.
Duh, 10p is coming
"How low can this go?"
11.80p
pf full of this and BP and RDSB are completely smashed, what a nightmare, but still I keep topping up. Surely next week is when things turn??
How low can this go?
Nice post kenniGT.
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No 'Holdings' RNS since. I expected far more as ii's dump stock and go below 3%. Do they know something we don't. No shortage of trade flow someones still interested. We'll see. GLA
And Aker BP debt facilities are in region $4bln:
https://akerbp.com/en/investor/debt-and-bonds/#:~:text=Aker%20BP's%20long%2Dterm%20interest,of%20bank%20facilities%20and%20bonds.&text=The%20main%20bank%20facility%20is,Facilities%20(%E2%80%9CRCF%E2%80%9D).
Aker BP At the moment (crisis) - worth 53bln NOK, so around £4.4bln and $5.7bln
https://akerbp.com/en/investor/the-share/share-performance/
If compare like to like, PMO after merger (as both in the crisis) it could be around £4.4bln, so in todays market cap, 220mln (5%). And that would mean sp at current level 23.75p.
Here is PMO comparison to Aker BP in the table as before clisis - $9.2bln, which is £7bln
https://www.hellenicshippingnews.com/wp-content/uploads/2020/10/11111-1.jpg
After crisis, if PMO merger could go to around £7bln Mcap, this would mean as per today mcap £350mln ,and SP 38p.
That is 200% from todays level.
Could, would, should?