Member Info for greygeorge

Wow Terry, I gotta say, risking, say £5000 on a day trade to make just £49 is...interesting.

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'...2nd the company now has over 400 million in free cash. This is huge and as some of you have already suggested but will likely result in more acquisitions or a continued large BB...'

LMAO. NO, it doesn't.

The net proceeds from the senior secured notes will be used for repayment of existing debt and for general corporate purposes. The new class of debt provides increased liquidity, which currently stands at approximately $440 million inclusive of the proceeds of the note offering, is leverage-neutral, and will enhance cash flow, allowing flexibility for continued investment in high rate of return opportunities.

LOL. Rustys' background in the murky world of banking and finance is giving him an edge over the simple minded folk on this board trying to figure out which shell the pea is hiding under.

So what is the rate of the existing debt ? Does anyone here know which debt has been reported at a rate higher than 9.75% ?

Or is this another loan that converts short - term drawn down funds that DEC is using to pay it's day to day running costs ?

LOL Terry.

You're such a contradiction.

Taking the time to tell me I'm not worth your time is peak DEC cult mentality.

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LOL Terry.

Asp1.

Hhahaah. Hahahahaha.Haaaaaaaaaaaha.HAHAHAHA.Haaaahah.Haaaaah.

Comedy gold.

Terry, lol, who are you trying to kid ? These (YOURS) are not the words of a trader buying and selling, slowly crawling his way back to break-even.

'...This leave us shareholders in an unenviable position, sell and take the hit or hope for this to stabilise. The only hope is Rusty has exhausted all new finance however stupid (like fund raise fire sale) which prevent him from making more deals for a time, perhaps long enough for some of us the get out...'

Lol, Terry.

You know derampers try to influence the share price DOWNWARDS, right ?

Did I post anything between £13 and £9 ? As others, marginally above moron level intelligence have pointed out, when the price is rising I WAS NOT here.

So, how does that FACT fit in with your conspiracy theories ?

MrG123, you're todays' winner of the DEC Cult Comedian Of The Day, with this timeless contribution :

'...DEC makes a lot of money...'

Pure comedy gold.

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I love you guys.

You're so funny.

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For someone who has me blocked, JC01 seems to have a rather obsessive need to keep my memory alive.

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Also, it's a fascinating case study in the art of the con.

48 posts in 30 days.

That's a minute and a bit a day on DEC.

Out of about an hour I spend researching, or imply reading about world markets. Though 95% would be UK focussed. And obviously I dip in and out, it's not a solid hour I set aside.

That leaves 23 hours a day.

Don't know about you, but I can read and compose posts (sometimes it shows, I know) in seconds.

Literacy is a wonderful thing.

But.

If you think 48 posts in 30 day is time consuming.

You wouldn't know.

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WILL the REAL JC01 please stand up ? No wonder he's blocked me, the two-faced coward can't stand to be called out for how he blames everyone and everything but his own poor judgement for his disastrous investment decisions..

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JC01 - 21st November 2024 : '...Exactly . Well if Trump has saved us then it was certainly Biden who nearly killed us off 🙈...'

JC01 - Today : 'the orange idiot ******* everything up with his tariffs. markets had been too optimistic about trump's plans for de-regulation and lower taxes, while under-estimating the likelihood of a trade war. worries now about possible recession , inflation , higher interest rates etc etc. any hope of a significant dec rerate after the acquisition is long gone and will continue to disappoint as absolutely no market confidence in this business. sadly i see new lows and languishing for longer . i hope i’m proven very wrong'

HaHa.HAHAHAHAH.Hahaha.HAHAHAHAHAHAHAHA.Hah.

Hah.

'Oversold'

LMAO.

What say you, holders who bough at £20.00 ?

Oversold at sub £8.00 ?

VOTE NOW.

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Hmmmm.

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It's quite a mystery, isn't it ?

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From that link :

'...In the article named "10 shocking moments at Afren I never want to relive", he accuses the company's executive directors of owning undisclosed stakes in one of Afren's subsidiaries which Hawkins said should have made him "resigned there and then"...'

Now, who remembers DEC setting up some subsidiaries a year or so ago, ringfenced and protected from any form of bankruptcy ? Please don't make me go back and find it for you.

This is fast becoming a =n instance of history repeating itself. the good news is, you've got a whole weekend to read and research for yourselves. Fill yer boots !

LMAO !!! You're already going down the road of the Afren shareholders, a little earlier than them though. They were called something like the Afren Legal Action Group. I suggested they call themselves the Afren Shareholders Action Group, or A SHAG, but even those suckers could see that would make them an even bigger laughing stock than they already were.

So, you're at the point of emailing DEC. Well, when I say 'you' it's a total of - what ? -maybe 20 tweeny tiny shareholders who nobody gives a flying f about.

Next, someone will suggest maybe forming a working group to pressure Rusty into saying something.

You'll get replies at some point, assuring you that everything is alright.

Then someone will suggest creating a mailing list of everyone who thinks they've been wronged.

Toward the end, you'll be aske to stump up some cash to get the legal ball rolling.

It'll go something like this :

https://shareprices.com/news/update-afren-exits-london-stock-exchange-as-shares-are-delisted-v66w7ycue28wydq/