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The calendar has it listed as end of November but we'll see.

Do you think it would be better to issue shares at x and buy them back at 2x?

Theedgemalaysia.com/node/769769

Paying a dividend would be reckless. They should hoard cash to meet the decommissioning liabilities.

Marcus buys 1000 shares.

Dominos US is a different beast, they're the master franchisor.

If you think Dominos UK is bad, look at Domino's Pizza Enterprises Ltd. They have over 3.5K stores.

The CFO has spent £275K on shares this year. I take heart from that.

It wouldn't surprise me if they try to use the new voting power to take it private, the argument being that they'd save hundreds of thousands per year in listing costs.

Is it? Paul Blakeley talked about selling it to Shell for $1. I don't think JSE would have the funds necessary to develop it.

I stopped following JSE as closely after selling my shares for a loss in the high 30s.

They're going to need to find hundreds of millions to decommission Montara, unless they can pass it to Shell as was floated by the previous CEO. Production is expected to cease there in 2030. The provision in the balance sheet assumes they can leave much of the infrastructure in place. If they can't then the number would be much higher.

Despite what many holders think, the problem here isn't the net debt. The net debt is not a problem. The other liabilities are the problem. If they didn't have those liabilities, it would be incredibly cheap.

The accountants get it, that's why the net equity is barely above zero.

The market also gets it, that's why the market cap is so low.

It's a gamble on much higher oil prices and offloading Montara to Shell for the gas which is believed to be there.

Yes, you are missing something. Look at the liabilities on the balance sheet.

Whoever is selling here will regret it.

Better still: A market cap of £300M and net current assets + investments of £208M.

Results are up.

"Further to the announcement on 30 April 2025, the Company wishes to provide an update to shareholders regarding the progress of our audit of the financial statements for the year ended 31 December 2024 and publication of the annual report.

The Company's external auditor, Forvis Mazars, has informed the Audit & Risk Management Committee that the audit is substantially completed with no significant issues raised. The Board expects no significant change to the key performance figures as indicated in the trading statement which has been previously announced.

The annual report and financial statements are expected to be published on 30 May 2025."

The financial calendar was updated after the delay was announced, the posting of the 2024 Annual Report is listed as being at the end of May.

Have you read the RNS?

The cashews need to be profitable, not just EBITDA positive.

EPS: $1.90

Dividend: $0.95

The shares double in short order. Dare to dream.

JP Jenkins would go something like this: you call them up and say you want to sell. They will try and match you with a buyer and - I assume - they take a cut in the middle.

The company will go bankrupt and be taken over by Aleph before long anyway. Perhaps it'll take 6 months, perhaps a year, but it will happen.

I would sell them now for whatever you can get.