Member Info for AK57

No Megla. Underwriter(s) are already pointed out and already played their games. Why didn’t you see it? how come the share price moved so quickly from high 20sp to 54p and down again ....

In this money game every one want to make maximum profit including you Megla. Why are you posting late night ?
I guess you want in as low possible to make max profit.

Melga, The underwriter(s) already make their profit by moving the share price to 54p and down again ... read my previous posts early June.....

Megla,
What am saying If PMO announces RI @34p that is big if ... then MM move the shares price up at the opening....

Megla,

BP Acquisitions and the refinancing is anticipated to take place during Q4 2020. After September!

If PMO set the RI price at 34p you will not be able to buy shares at 22p or even 26p... MM will move the price up at the opening....

All in my opinion and GLA

(Bloomberg Notes)
Premier Oil reported revenue for the first
half that was 1.3% below the average analyst estimate.
* 1H revenue $530.6 million, -39% y/y, estimate $537.5 million
(Bloomberg Consensus)
* 1H loss after tax $672 million
* 1H cash flow from operations $324 million

* Agrees on Long-Term Refinancing of Debt Facilities
* Refinancing Conditional on $325M Equity Raising
* Expects to Complete Refinancing in 4Q

* Keeps production guidelines unchanged at 65-70 Kboepd
* 2020 total capex forecast $340m

NOTE:
* 7 buys, 6 holds, 1 sell

He carried out a beginner’s miscalculation and he misjudged the market mood... HE MUST GO!

Sets 8.5 Million shares. So I would guess the stock is being shorted

"Durrant said the group’s cash flow would rise by $30 million for each $5 increase in benchmark oil prices LCOc1, which currently stand at around $43 a barrel, above its break-even price of $32 per barrel."

https://www.reuters.com/article/us-premier-oil-outlook/premier-oil-in-talks-on-longer-debt-extension-shares-fall-idUSKCN24G12Z

Tony needs to come up with numbers.... otherwise the ship is sinking and very fast...

Tony the market is waiting...

to hell...

Too many shares t o print.... TD will run out of ink.... I guess lol

to get even more stocks?
this is what's happened previously with PMO....

TO 24P

TO 26P

I am throughly long from 13p to 53p+... bought back and my average 42p.... I am expecting a good Operation Update without RI...
the Right issues will come later on in different RNS...
As always all in my opinion and good luck all and also Sausage.

the volume is so low... MM are playing their favorite games...

Funky,

I could be completely wrong, but the share price will go up.
this paragraph form 7th Jan RNS took my intention:-

"The proposed Acquisitions will be funded via a US$500m equity raise (net of expenses) which has been fully underwritten on a standby basis, existing cash resources and, if required, an Acquisition Bridge Facility of US$300 million....."

And in early June I posted that the underwriters will push the prices up to take their profit and walk the price down; and that what's happened and is text book for AIM placing equities.
There are so many ways for funding BP assets and I really can't see TD will issue 500 million new shares as RI. the easiest way is II to take shares with premium price lets say 40-44p and $70 to 100M bridge financing.

All in my opining and pure guess on my part.
Please do your own R.

Whatever happens on Thursday MM will try to actively kneecap the share price, but eventually will go up....

GLA

Funky,
The only thing I haven’t account for, but am aware of it, is refinancing because is unknown so far.
If PMO manage to get just a fair (not good just correct) refinancing agreement the share price will fly and you will not be able to catch it before 50p+
All in my opinion and GLA