Member Info for Auson

CaneToad,

Well there are a fair few long gold contracts on the CFTC 193.3k up from 185.5k the week before.
So they are most likely betting on prices above $1830

chilting,

Indeed you are right if it has CANC then it is cancelled. I was just going by what was posted on here, presumably just from this website. Still no smoke without fire as they say.

Am out guys mostly at 51p put it all in Enquest.
I think these shorters will continue the downward pressure here for a while.

Good luck all holders

Cobas bought 1.01% of Petrofac a few months before the shareprice jumped close to 100%.

on Morningstar
PETROFAC
Cobas Selección C FI
1.01% Jun 30, 2021

chilting,

Doesn't a cancelled trade have C next to it this one on the -£2m trade also has O. To my mind this means it was an off book stock transfer or buyer matched with seller.

I'm guessing the demerger is a great way to circumvent any claims on profits from the Castillo Government.
I would think the listing has the potential to raise a decent sum on the Canadian stock exchange.

romaron,

Another point is who wants great big unsightly radiators all over the place. All the nice designer radiators have a lot less BTUs but people still want them because they look better.
What about using hydrogen or a gas hydrogen mix for the condensing boilers ?

300,000 and 430,668 shares were both 'off book' if anyones interested. So quite possibly were in fact buys.

brochrock,

You just go on morning star and look at Petrofac Ownership then its all there.
www morningstar com/stocks/xlon/pfc/ownership

Morning star showing a net increase in holdings on Petrofac of 2.4 million shares at end Sept 21
Mostly Cobas Asset Management and Schroders.
Shorts on short tracker reduced by at least 1.44% since end Sept

romaron,

Sounds like Octopus might be going bust soon then.
Time to thank Greta for the increase in fuel bills which many can't afford.

Beetham,
152p
A solid prediction there, any thoughts on what is causing all the downward pressure ?

HateMMs,

Nothing personal but this is not really a stock you should be putting £250k in, with such high debt, suceptable to the volitilities of the 'rigged' ( nymex) oil futures market.
This has already done for Mrd who facing losses here after putting in circa £500k put everything in NMC which promptly went kaput !
Its not for widows and orphans.

Have a look at Morningstar, it shows Contrarius Global Equity Investor reduced 17.11 Million shares at end Sept 21

The dip is being bought !

Cityconindex,

If there were a sell algo running from the morning, then buying back later in the afternoon and after hours, any stop losses being hit will assist the drop.
It could be a zero sum game or generate a small profit or it could be shorters keeping a lid on it until Oil retraces and they can get out of their positions.

Cityconindex,

I hope he was short TSLA

esecallum,

Sorry fella but its you who are totally wrong.. heres why..

1 Elons mega batteries need mega amounts of rare earths. More than one planet contains ( hence this space mining nonsense )

2 'All cars' are NOT going to be electric by 2030, the government law is only UK and its Hybrid or electric not pure Electric ( big difference )

3 There are no electric jet passenger planes in existence nor will there be ( with current battery tech ) due to weight and size, quite important in flying apparently, energy density of jet fuel is many times higher than the best battery.
I've spoken about this with someone on an electric jet development team at a large jet manufacturer. The jets are going to be used in addition to fuel powered jets to reduce emissions and noise on take offs and landings

4 Biofuel vehicles, again planet is not big enough to farm food for fuel, also there is not enough food for all the people on the planet so its not ethical either.

5 Fusion energy like many other techs are always just 10 years away. So never say never but we are not even close to having the tech for this transition away from Oil.

esecallum,

You need Oil to mine the metals to make wind turbines, you also need Oil transport and erect and maintain the wind turbines. Then you need more Oil to mine the copper to transport the wind power from the turbines. You need some more oil to mine the materials needed to manufacture the electric cars that will use the wind power, stored in batteries made out of minerals mined using Oil. In this process you will also loose at least 30% of that energy generated from the wind. Oil is used to transport the materials to the electric car factory and again to transport the cars to the show room, Oil is used again to make the lightweight plastics used in the car and then you need Oil to collect the car when it has some software or electrical malfunction which seems to be quite a common occurance. Are you getting the picture ? The transfer to renewables actually has a larger Oil and carbon burden than not.

Mr Skipper,

I have posted similar on here. But its total stock on loan not a net short position.
Petrofac was over 14% at end Sept so could be quite a short squeeze on that one too.