Member Info for Bertiethebarrel

So with respect David. Why are you here. Not a Good Samaritan saving us all from losing our hard earned cash I am sure? I’ve not been invested here long but I can assure you, if or when I find out the hard way, I won’t be hanging around to tell the story. So what is it that keeps your interest here.

Hi GG
If this won’t reach 1p again and will be .03p after next week, then at the current .64p, wouldn’t now be a good time to sell or are you expecting a huge rise and fall in the next two weeks. Just a curious novice. Thanks.

Some trading platforms do free trades - I think

Spot on AC
Like Leas said, “ I very much doubt many would have been seduced if her bb name was Bob.”. It was blatantly obvious and like Groundhog Day reading the daily bb bs.

Thank you Leas.
Good points. I will hold out in hope. The worst that can happen here is my kids will lose a bit of their inheritance.

Al the best to you too.

I used the term big gun referring to certain individuals here bragging about their huge investments and in my reluctance to name names, therefore, I said what I did, however everyone else is now doing it for me.
Seems a few are hanging in here and still thinking positively which is good. I actually doubled my holding this morning so I’m actually here to see it out.
Good Luck to all.

Come on chaps. This has been portrayed as a ten to one shot on here for a long time. It’s clearly a gamble but the rewards are high and the horse is still running. The finishing line has just been moved further back. It could still happen.
The big guns are noticeably absent in their silence here. Would be nice for some positivity from them following the RNS which in my humble opinion wasn’t quite what was wanted but equally not a total failing.

Do you think that could be a possible TO candidate then SS?

Market manipulation attempt I think Gaz.

That is what’s special.

I wonder, would it drop back to 1100. Surely this has to be worth what the bid was or they would have bid less. It’s proof of it’s worth In my opinion , but I’m not sure how it works.

How much is new bid?

Thank you for explaining.

What impact would you say this has this on gkp please.

Agreed the div is priced in but I can’t imagine cairn would have gone blindly forward with the legal outlay to win the case then sit back and receive nothing. They knew from the start who they were dealing with. Obviously just my opinion but to me it wouldn’t make sense to have done it all for nothing.

Schatzy57 , I am just glad we are in agreement of this. Can only see this moving one way from here.

Having thought hard about this it appears to me there will be a benefit to sh. Going by my calcs below ( if it’s correct) If you used the divi to buy back the number of shares you have lost, at the price it was calculated you would have the same amount of holding albeit at larger % of the company due to less shares in issue. The sp must go up in that case surely?

That’s my take on it. Also as my figures would suggest that out of each 100 shares you hold now, you will only get 85 x next proper dividend.

The way I see it. Say
100 shares @£2.13 = £213 holding
Divi @ 0.32p x 100 = £32 in bank
Now
Shares total value = £181 holding
Share reduction
181/213 is 85 new shares
85 shares x £2.13 =£181 holding
+ divi = £32
Total = £213 what you started with.
Could be totally wrong as only my view but would explain why there will not be a stampede. All makes no sense to me really. Please feel free to condemn or clarify my figures. Any sp increase is likely to be the colossal amount of money now owed to Cairn and growling positivity in general. Happy 2021.

Should be already. I think there is much scepticism regarding receipt of the India award coming to fruition without lengthy campaign in an attempt to reduce or avoid payment. Personally I think all is very positive and will hold and top up between now and takeoff.