Order of Play24 Sep 2020 18:10
This baby ain't sinking
So where are we at currently, we have had a few curve balls, bp renegotiation, debt and a potential merger, so where does all this fit into the mix
So what's going on
Now the debt holders have asked for reduction on the BP assets before they agree, and for retail to PAY for BP assets
The merger guys want reduced debt and obv BP on top, why wouldn't they ?
BP will roll over and agree to the reduction, their happy to just dump these junky assets now
Order of Play :
BP renegotiation = reduced costs = SP increase
Debt renegotiation is next up to agree = SP increase
RI to pay for BP = SP decreases
Merger = maybe, I can't see TD being to happy about this at all, losing his job and his gravy train after he murdered the SP, doesnt make sense for him to agree
This is all my own opinion, I am no longer short or long here, well there's always tommorow I guess lol
So this is how i think it will play out, I dont think she will die, she owes to much, she will be a zombie or merged
Today was blood shed all over, not good she broke 15p though.
Good luck to everyone, whichever side of the coin you sit.