Let's not forget that, if BPC is successful with P1 test, then should they sell it on rather than become a producer themselves, there could be a Special Dividend.
Original timetable has tomorrow as the final day of trading.
However, as the date of new entity trading has been moved forward from next Monday 10th, to this Friday 7th, the final day of trading could well be tomorrow IMO.
Bahamas Petroleum Company (UK): Merger with Columbus Energy Resources (UK) Changes in FTSE UK Index Series
03 August 2020
Subject to court sanctioning the scheme of arrangement in relation to the stock merger between Bahamas Petroleum Company (UK, constituent) and Columbus Energy Resources (UK, constituent), please see details of affected indexes and effective dates below:
Bahamas Petroleum Company (UK): Merger with Columbus Energy Resources (UK) Changes in FTSE UK Index Series
03 August 2020
Subject to court sanctioning the scheme of arrangement in relation to the stock merger between Bahamas Petroleum Company (UK, constituent) and Columbus Energy Resources (UK, constituent), please see details of affected indexes and effective dates below:
BULLETIN Hurricane Isaias Advisory Number 13 NWS National Hurricane Center Miami FL AL092020 500 AM EDT Fri Jul 31 2020
...HURRICANE CONDITIONS EXPECTED TODAY OVER PORTIONS OF THE BAHAMAS...
SUMMARY OF 500 AM EDT...0900 UTC...INFORMATION ---------------------------------------------- LOCATION...20.9N 73.3W ABOUT 15 MI...25 KM SSW OF GREAT INAGUA ISLAND ABOUT 385 MI...620 KM SE OF NASSAU MAXIMUM SUSTAINED WINDS...80 MPH...130 KM/H PRESENT MOVEMENT...NW OR 305 DEGREES AT 17 MPH...28 KM/H MINIMUM CENTRAL PRESSURE...990 MB...29.24 INCHES
WATCHES AND WARNINGS -------------------- CHANGES WITH THIS ADVISORY:
RE: Christ on a bike - what is BeObjective on about re sell off17 Jul 2020 11:36
Very low volumes, to any little buys or sells are triggering above-normal movements. Also spread is wide a lot of the time. Not normal conditions by any means. So I wouldn't call it a falling off of the price either.