George Frangeskides, Chairman at ALBA, explains why the Pilbara Lithium option ‘was too good to miss’. Watch the video here.
Anyone modeled the run off rate of creditors? How many days to go until their activity has no effect and type of holder changes? When will HBR enter FTSE250/100? Promising new prospecting/drilling out in Asia as the operator.
…noticed creditors wait until the afternoon so might try a leveraged short if I took my brave pills….I’ll let you know how I get on. Small amounts obviously but keen to try out a hypothesis. Short trade placed each day about c.1pm?
Takeover target valuation at present, what price would EIG exit at for a private sale? Who would be a buyer? During the lows of bp and shell we saw the Chinese buy in and saudis. How is this any different this time? Does it need a dividend, more track record history? Probably timing wise between now and September is the most opportune time
I sold 50% holding and moved it to bp before consolidation. I left the higher avg. share price in and will re-enter back to previous position over coming weeks. I did learn a lesson from holding this share with my over excitability buying some PMO before taking a 25% haircut on Harbour launch day. Good lesson for me on patience and timing….I do think now we didn’t like the number of shares (so we consolidated) can we give it a more dynamic name? Or a sexy short acronym to show its a racehorse stallion more so than a donkey?
…so this company has the same shareholders today as it will tomorrow (minus a few creditors) I don’t think it will move much. If it does I will buy more…why? Strategically assets in the North Sea make good sense in case of supply chain disruption / future better recovery methods / increasing production / maintenance shut downs tapering off / I like the management - I would like to own the company in its entirety as it’s a cash cow. I have some other oil stocks / but this one i have a good feeling about. I was disappointed yesterday but I don’t see any systemic problems here….and for those who want a bit more excitement try out the volatility in crypto…
Maybe use the cash to buy back the shares from the creditors on the cheap and stop the constant dribble into the market, win / win ?? That way I won’t have to listen to crap about more creditor dumping and the share can move forwards
The share price is too low. Company makes 100m free cash flow a month and it’s on the up next announcement It’s got a baseline now and it will improve, oil is still needed and better to have it extracted safely and responsibly by a decent company. Any smart money outfit would accumulate, but fine if share price stays low and I will buy more. POO is going north of 100 dollars - there are shorter term plays but this will come good but just Not RIGHT NOW. Although a quick buck would be a buzz feel good factor