I still believe the placing will be large and at premium price and RI will be at a small discounted price. the morning of the announcement you'll not be able to buy shares at discounted price (RI). all imv
I’m just Ponder over the share price and the time is took for RI (1st announcement was 7 of Jan) ... Is Tony helping large institution investors to sell a percentage of their holdings To free up funds to buy back rights issue? I’m just guessing bc this been going on for quiet longtime and the share price is crashing daily from 54 to 19.80 p so far.
Happy, Once the RI is announced, financing and BP assets is done; the share price will at less double from today's price within max 4 to 6 months. Good luck to you whatever you decide.
Completion of the BP Acquisitions and the refinancing is anticipated to take place DURING Q4 2020. I believe the RI will take place well before then (6 to 8 weeks before???).
Goodmann, """We are in control of the SP rising or falling,""" We (PI) are not in control at all, shorters and traders who have access to DMA have total control. Tony must come up with news soon. GLA
probably i have more holding than anyone who's posting in this forum ... but you must not forget the fact that we been scoured by premier oil plc ..... the emails from E.B they are just ****iiiiiig lies.....
Godmann. unfortunately he took $2.9B from RNS:- " Premier's $2.9 billion of gross committed debt facilities including Letters of Credit and the mark to market liability of cross currency swaps used to hedge the historic currency and interest rates exposure to be refinanced with non-amortising facilities, extending the Group's credit maturities from May 2021 to March 2025 "