I think that adds to my interpretation that the 7.69% was massively out of date. They could have split the holding in other funds but they must notify total for the group.
I don't think thats correct at all ralph2010 ! Where is the Holdings RNS to confirm that 7.69% in Sept 19 ? Majedie held 20,460,636 shares on 30th June 2019 Shares held on todays RNS 20,044,687 shares
hairydavey, 275m Euro plus interest Where on earth would you get the idea that any award win might be huge ? 'King & Spalding secured an arbitration award of $506 million, plus interest, against the Republic of Kazakhstan on behalf of Moldovan investors Anatolie and Gabriel Stati and their companies, Ascom SA and Terra Raf Trans Traiding Ltd. The award is the largest award under the Energy Charter Treaty and the third-largest treaty arbitration award in history.'
Lekoil is massively undervalued for the resource, I was invested there but sold out some time ago ( for a small loss ) around 9p from memory. The difference with TLW and LEK are AIM has light touch regulation which means you just need a NOMAD to ok an RNS and your golden. Another small point Lek Oil weren't doing over $1b EBITDA
OldFatProp, How can I tell how slowly you are typing ? As you wouldn't answer and have now changed the goal posts to better risk/ reward profile. OldFatProp Posted in: TLW Posts: 57 Price: 59.48 Hold RE: Too tight a focus... Opportunity Costs...06 Jan 2020 17:35 Aunson. Tencent. On the Hong Kong exchange will outperform tlw this year.
OldFatProp, You did say that Tencent will perform better than Tullow I was just enquiring what timescale your claim was on. Whats the market cap there is it really $491Billion ? Just to get this straight we are now also comparing risk and reward of a $491B market cap company and a $1B market cap company ?