Member Info for Clued

Cash in hand needed for the painter or chippy, her salary only paid yearly !!!!

All, how vulnerable are FXPO sites and offices to a Russian attack and could these legal claims wipe out FXPO ? I've been watching and waiting to buy, but held back by these concerns.

No1Scarlet, whatever about Technicals and Resistances for day traders, I can see this hitting 200p by May (2024 !!). Easter flyaways, more info re Summer bookings, Interest rate cuts starting soon to enhance confidence and dispisable income, fuel hedges mean current oil price less relevant, etc ..

Thanks bluemango. Good ole Oakbloke.

Axe-Capital and Notrex and greygeorge and even myself :

Can we all start today to respect each other and our differing opinions We all want to optimise wealth and life is too short for the time wasting insults.

Looking like £10 today. What do you think greygeorge ?!!

Greygeorge, if you google a little bit, not too much mind, you'll find that the PV xx can be any discount factor deemed reasonable for the scenario. PV20 is mentioned as well as the range PDP PV10 to PV20. PV17 gives a lower Reserves NPV than PV10 so more prudent

So greygeorge, DEC will be over 2000p in 12 - 24 months !! I'm also invested in BATS but certainly not at £45 !!

Greygeorge, Yes, why not make it PV19 or PV27 the

reby increasing the Reserves ?!! PDP PV17 uses a 17% discount rate rather than a 10% for PV10.

Troajan, great link. I suppose our resident expert the great greygeorge assumes Stifel is in on this alleged massive 'con' with Randy and the DEC BoD !!

"Stifel reiterated its Buy rating with a 2,800p price target against an 881p price at publication."

Greygeorge, thought you 'might' have the wisdom to relate PV17 to PV10 for the calculation of PDP Reserves. I've given you enough here I hope ? Please look it up yourself !!

Greygeorge, Rolls Royce was"worth" c 75p per share a few years ago... look at it now !!

greygeorge, from recent fin stats "highly synergistic and accretive acquisition of oaktree interest

key acquisition highlights

• consolidates working interest in existing dec operated wells in the central region by adding ~510 bcfe of pdp reserves at an attractive value of approximately a pv17 of pdp reserves (pv10 value of $462 million)(k)"

https://www.***************************/diversified-energy-company-announces-fy-2023-results-and-acquisition-with-oaktree-capital/4121147823

Diversified Energy Company PLC (LON:DEC) is largely controlled by institutional shareholders who own 86% of the company

editorial-team@simplywallst.com (Simply Wall St)

November 9, 2023·4 min read

Key Insights

Institutions' substantial holdings in Diversified Energy implies that they have significant influence over the company's share price

The top 15 shareholders own 52% of the company

Insiders have bought recently

Every investor in Diversified Energy Company PLC (LON:DEC) should be aware of the most powerful shareholder groups. We can see that institutions own the lion's share in the company with 86% ownership."

https://finance.yahoo.com/news/diversified-energy-company-plc-lon-053507897.html?guccounter=1

Thanks Lending, quite informative backing up to some degree my concerns !!

SavvyInvestor, we're talking over £4m here which, if she believed would be much more in the short-term would not have sold, so is not pocket money for a nice weekend. £4m would be for an investment elsewhere which she obviously considers a better investment than DARK shares. Money is not always for simply enjoying life oneself, but can also be for leaving for children to have a better life. If one needs £4m to enjoy life then one has serious mental challenges !!

Notrex, what would you have done differently to Rusty given the Shorters' attack, falling gas prices, limited cash resources for buy backs, higher emissions' regulations, etc... ? He had to keep stakeholdets 'sweet' at the same time, look at the European politicians and a CEO has a strong business political role as well !! Personally, I wouldn't fully trust anything said by a business or even by the Vatican for that matter !!

Pickedpick, but the UK share price will be dragged higher by the US share price when it rockets up in next few years. A high share price and dividend is also in Rusty's interest !!

Notrex, re not trusting Rusty's word, I don't believe it's being ignored that he's broken promises. He probably meant what he said at the time, but in business, as in life generally, one does what one has to sometimes even if breaking previously given promises. It's part of life and certainly more so in Business and Politics !!

I believe he did what he needed to given the changed circumstances from when he promised to preserve the dividend amount when the share price was much higher.

CR888, sounds great, but why does a key insider mgr sell over £4m worth of shares at c 482p if the share price is expected to rise soon a lot from here ? It's hardly for pocket money !!