Member Info for GeneralLevy

I was holding on the day the acquisition was announced, let's just say it was a down day

Because at the time it was awful presumably

How much were you down on the day the acquisition was announced

Have a look at i3e's share price

Short position on a £690m mcap company clearing £1m per day after tax with £450m in the bank

Or; post close, short on a £1000m mcap company clearing £1.25m per day after tax with £200m in the bank

Or; short and the deal falls through

Rather them than me ngl

Looks like somebody - probably on this bb - just panic sold

sqz probably have commitments from over 50% of the ii's

SQZ are using £58.7 million cash for this deal

Marathon had $1bln in decom liabs if I recall

Lots of people invested in sqz and on this bb have been anhedonic on sqz literally for years, have to wonder why you're all invested?

Why do you think the institutional investors think this is a good deal but this bb thinks it's a bad deal?

If the share price had gone up to 300p on the exact same deal you would've been happy presumably, and all of a sudden viewing it through a different haze of sunglasses, a lot of hysteria on this board

The day of Kistos' acquisitions also went down like lead balloons - no idea why but it tends to happen, I've a feeling Mercuria and holders will do well from hereon in

Kistos must've made a bad acquisition today also

You've managed to say Serica is undervalued but in a negative way, which is impressive

I wonder if Mercuria want 28% of Serica because they think it's overvalued and they want to lose money?

Kistos down 4.16%, but lets not mention that, lets all be hysterical about a £1bln O&G company pumping 45k boepd, £200m net cash 100m 2P reserves and a less than £1bln implied mcap lol

This bb is hilarious ngl

Mercuria are in the money making game > follow Mercuria

Mustn't forget the market is terrible at the moment, don't think I've had a week where I've finished up on anything in two months

So I make it we're at an implied MCap of £1bln, at 45k boepd 50/50 oil and gas, with £200m net cash

Nice theory, except when you put Kistos and SQZ on the same graph they've moved pretty much identically all year