RE: Re: Am I Missing Something27 Nov 2019 16:04
Hi Surfit,
I wouldn't say 'illegal' as such it could just be well informed speculation. Theres no certainty. My point re keeping the shareprice down to entice a farmin partner is so that PMO can say we are happy to part with 10-15% of Sealion and you can buy another 40% + other licenses for cheap by taking out Rockhopper if you want to. Stock on loan has been increasing here at about 900,000 shares a month by my calcs. Total was 1.49% end Oct 19 PMOs stock on loan was well known at 29.09% end Oct 19.