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thats definitely good news!!

I was thinking more about losing market share and avoiding costs. Wont compete with terrestrial and submarine cables for the global internet. I bet a satellite uses more resources locating a mobile device than a fixed device

Should solve the problem of 'not spots' for those who worry about it. Even losing chicken farmers to satellite must save BT the cost of meeting UA obligations.

Anyway, from a capacity perspective, isnt it like comparing the M25 to a minor B road. How many people could stream video via satellite living in a not spot?

MV £1Bn vs net assets c£2.6Bn. Surely they are not going to write down £1.6Bn. Drop over done imo

Interesting holo.
Just looking at market value in ftse 100 over 3 years.
Circa 65th position to 55th to c.70th today. Maybe the big indexes are trading the cycle you refer and lending a % to short
The cfo recently bought at 583 .

Yes indeed. South then west ;-)

'the notification threshold for issued share capital of a company that has shares admitted to trading on a UK trading venue is 0.2%'. will be changing to 0.1% on 1 Feb.
https://www.fca.org.uk/markets/short-selling/notification-and-disclosure-net-short-positions

@Icarus, 'Bears targeting a test of 393,if it fails then 357 will be next which represents a 50% retrace and may attract institutional buying but most Funds unlikely to buy before results unless they get the nod thence a vacuum with price drifting lower and bears confident for now.
I am looking to buy back in if circa 357 hit otherwise will wait for the results.'

Thanks, been burnt all the way down from £16 on this.

looks like its moored now

Currently sailing north into a north westerly. Would be easier to go south then west and use less fuel for suriname imo

Looks like pictet short reduction 0.19%

@Darragh, certainly alot of professional interests in the commentaries across all the BBs
I invested alot higher up and traded to get my average down.
The financials and the economics now suggest marginal revenue = marginal cost and Rahul has a list of opportunities to exploit under the right conditions.
Having sold UG to keep the lights on, the next RBL, plus price of oil, could restore Kenya and others value to the balance sheet. Kenya would likely be 3 years away before production etc, so TLW is an investment in that sense, but then requires rerating from Moodys etc which should encourage volume not under the control of short interests. AIMO

'Don't expect serious rises from RBL's'
I think this RBL will be game changer. Its been brought forward voluntarily to kill a number of birds with one stone. Clear the FY going concern qualification and underpin Rahul's strategy beyond 2021/22 including, by inference, Kenya. ..imo
gla

bondholders swap maybe..
BP up 6.35% and RDSB up 6.95% today

was a good outcome given the hi levels of short interest imo
In the meantime, maybe we get a farmdown rns any day now to underpin the rbl.
Getting riskier to be short this close to the refinance

Thank you Slift. Presumably moodys could rerate shortly after? The rbl itself seems less risky as oil price rises, vaccine/ demand/ consumption more certain and administrations moving trade agreements forward (Kenya etc).

now like vaccines, everyone needs them and not just in time..

LoL

Is there any revenue to VOD if can watch within existing data bundle?
I guess VOD will have better content so market share should grow. More vod subscribers = more revenue..

Think there were big buys much lower and they are now top slicing. I guess it doesnt move out of a range until news. Could be news any moment..imo