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Fugu disagrees. They said expect the prospectus in December, which in Premier Oil time that means about mid 2021.
I'd get in now or next week (if you haven't already) if you're interested in the recovery play.I don't know what the sp will do short-term or whether it will bounce before a move in the right direction of brent and when and how that will play out.However, fairly often markets seem to do something i never would predict or i wouldn't be in birmingham, i'd be in the bahamas.However, i do know the odds long term should be in the co's favour imho as debt holders have no immediate potential claim on the co and the co have good producing assets.Wti\brent has to increase sometime in the future.Crude isn't kodak yet or for decades + at least anyway.
I do, that's right.
Mmm....interesting combo, fish and fermented cabbage
Fugu - I looked it up (excuse my ignorance,) you prepare potentially very poisonous fish!
Interesting!
I did and got out taking a bit of a hit and bought Super dry who have climbed nicely.
Yes, I do.
I do.
Do many of you own TLW as well? At least that's bottomed or looks like it - no drops yesterday when oil plunged.
Yes, indeed, OBND.
I think I can honestly say that I have rarely come across an AIM oil stock which, when its price is bottoming, has not attracted comments confidently predicting even lower prices.
I think what you really meant was:
what Keynes called the ‘waking frog’ leap is often mistaken for the ‘dead cat’ bounce.
As someone with a background in economics and science I see the latest developments as positive.
The ‘dead cat’ bounce is often mistaken for what Keynes called - the ‘waking frog’ leap. This is a hesitant creature which opens its weary eyes, blinking into the sunrise, gently hops forward, then suddenly performs a massive leap upwards.
GLA
Onwards and upwards imo. Less negativity would be a good thing!
It's treading water well given that brent is down over 4%, I'd wait for friday / next week slump
You’ll get used to it mate, lol
My online broker won’t let me add funds?! I’m missing out!
Sorry false alarm !! down she goes again :(
come on Premier 14p you know you want to!
Dunno whether to wait for tomorrow's Friday afternoon slump or go in big now?!
Common MM you can sink it even more, all the way to 0.1p, common, why not?
You valuate companies as you want anyway so go for it!
test
Dead cat bounce! It's almost at the lowest level where share trading was suspended ! -1% on the day isnt really up :)
I bought at 11.5 instead. 22p b/e now
Hmm... I smell a leak????
WTF is going,
I'm waiting for 10sp to fill my boots ... lol
Today's 20000 @11.30p
Hopefully will fly to 19p before Wednesday ....
no news. just crazy oversold. possible news next week regarding creditors 75% sign up.