Member Info for asteris

According to the FT, the asia mob are crying already

Never seen a rights issue raise a share price before

I may have to amend may limit order

The articles are always sensationalised (possibly to fit their writter's particular need or whoever's paying them). both Kuwait and Saudi have state output quotas, this enables them to secure supply better, they could pump from the new fields and maintain the old ones, they can't say we have a quote but this field is except, they'd be a joke

missing my 300k shares ;-)

I’ll pop my 300k on limit then

so if i put a limit order on my shares, they cant be handed out to a shorter?

Yes, Pure manipulation and it's legal, I don't believe the bull about shorting helping liquidity in markets, it's there to make some hedge funds rich from price manipulation,

If I was TD, I'd take the cash from Mexico, stick in a bank account and make an announcment that ARCM money is sitting there so they can shove their shorts where the sun don't shine

Impressive that TLW sneezes and all the small oil compaines drop by such an amount, it's irrational, I get oil price has an effect but a company that operates in completely different fields makes no sense

How would that utilise the tax loss? They wont sell their crown jewel

Based on $300 debt repayment this year, interest payments will drop by $21m. If they conclude a sale of same at $400, that's another $28m added to the bottom line.

I'm in all 3, PMO the most by a fair way, ENQ is the only one I'm losing on at the moment, it's good to see them all rising over the last couple of weeks

Well a month ago pmo was sitting pushing 90p and dropped by a good amount on the idea we may bis for some Chevron assets. It then went up and down with its peers but now they're not buying those assets that drop hasn't been corrected.

What is hilarious is that omo drops on the idea they may buy assets via equity. Someone else buys the assets and pmo doesn't recover!

https://www.prnewswire.co.uk/news-releases/talos-energy-provides-additional-update-on-zama-appraisal-program-869713875.html

Talos give much more information in their feed, interesting it looks like 37.5k to 43.5k net BOPD to premier

I've always considered it to be the perfect option for PMO, they have to pay for most of the capex anyway, if they bought RKH they could try and offload 50% of sealion to Nobel or someone similar for some of the initial development cost.I don't know if theres a clause in the contract between RKH and PMO that prevents it though.

Debt to equity valuation is irrelevant as equity can be manipulated. Debt to ebitda is the important indicator

Spudding zama isn't their decision

Yes they say We should track oil but with bigger variances because of the leverage but we only seem to do this downwards?