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I am getting offered 664 now for my shares but now buy quote....
Ammu123 I can't get a buy quote even for £5k but I can sell 5,000 shares at £6.62 - no chance.
This tends to confirm my large buy order theorem.
Yes crafty but who blames him. I think keeping the divi was always going to be a no-brainer too.
Would have hoped AA timing of this means he anticipates some deal on oil with SA / Russia / US soon, otherwise this ops update would have been a waste.
Nice to see AA thinking out of the box once more .... can not issue financials due to FCA ... so lets do an ops update .... well done again.
Can anyone get a buy quote?? 10l worth ?
Should have been at £30 before oil crash and virus shyte
Wtf is this doing below £16, **** £10
the gas hedges are a master stroke.
And they have hedges in 2021 and 2022 for gas.
Excellent.
JAdam, with their hedges in place for both OIL and GAS ..... (both of which are excellent hedges) opex quoted at c$30 for 2020, I would say they are. Hence the mention of status quo .... will need to work it out again, but the other day using even lower POO it was ;
So, using this oil hedge and existing Q1's, we are receiving average of >$52.00/barrel atm ..
Using just the 3,000 boepd hedge alone of oil production at $69, we still sit at >$37.50/barrel
Then on top, we have gas hedged, 40% of production split, ~63 million therms at ~45p/therm for the whole of 2020. Which is >200% of current UK therm pricing atm
Check out their hedging on gas.
They are 60/40 split gas and oil
Gas hedges in 2021 and 2022
Had a nice week in Shell, Moved it here today, That's some safety net right now! GLA
not to mention the divi.
good isn't it KOTB.
The main point to take from this is on 29/2 we had £272m (£20.75/share) ..... now ONLY 24 DAYS later we now have £287m (£21.89/share) ..... even in these low POO conditions.
£15m CASH added in 24 days ...... and we have not been eating through our cash like some on here have been shouting about. Yes bills still need to be paid, like revenue still need to be received .... but on the whole, I would say the status quo exists atm .... amazing.
Well done AA and the BoD.