Member Info for AK57

You need to change your algo...
good luck mate.

Zero.

limited downside...

I would not short PMO atm too risky.

Kenni,

82.2 million extra new shares (8.91%) will be issued on market tomorrow. that is share dilution.

just concerned about POO and Share Dilution tomorrow morning and MM play with the news.

Kenni,
i am out early morning atm. looking to get back in below 40p or tomorrow or by tomorrow EOB
good luck All

more from Bloomberg ....
“We expect such a strategy to limit price upside into year-end and cap long-dated prices, helping achieve the backwardation,” Damien Courvalin, oil analyst at Goldman Sachs Group Inc., said in a note to clients."

https://www.bloomberg.com/news/articles/2020-06-06/opec-tries-novel-strategy-to-turn-oil-price-curve-upside-down

the completion of BP acquisition by the end of September. the RI is well before then.
please see my previous posts (Strong Buy)

in HUR too average 7.39

am still in .... been since mid 13p

So far no information from them (ARCM). Don't assume they will.

Goldman Sachs has told clients it's short-term bearish oil due to poor refining margins, among other factors. GS sees Brent at $35 in next few weeks

I'm talking about this:
"the proposed BP Acquisitions is anticipated to be $210 million and is expected to be funded with equity"
I hope this helps

Kenni,

Just be careful, RI is imminent with discounted share prise 10-12% with share dilution.

????

no need for a panic selling...

I believe premier is pricing the RI and pointing underwriter. Underwriter will push the share price up before the news of RI.

food for thought...

.... and it will!

TLW should be double of PMO share price