Member Info for icemax

Harry, you aiming to be top of the leaderboard by close?

That's fantastic. "Groups will attack in packs if not towing the line, try to get others to "block" or "filter" etc. Block no one, read everything" Yup, that's lsc bpc.

SS, I did indeed take one probability and turn it into another. But hey, it delivered a more favourable CoS, didn't it? :-)

jimtheknow. I hadn't appreciated the subtleties here, so thank you.

Odds of event = Y / (1-Y)

Where y is CoS

0.35 / (1-0.35) = 53.8 i.e even odds

https://www.researchgate.net/publication/314274552_Exploration_Chance_of_Success_Predictions_-_Statistical_Concepts_and_Realities

BPC.GB.PL shows trades done on the Aquis exchange, rather than the London Stock exchange. Whilst I know the two have different pricing structures for trading, I've never understood why some trades I place through my trading platform, HL, are dealt with there rather than LSE!

https://www.aquis.eu/aquis-stock-exchange/for-investors/trades?securityidaqse=BPC.GB

or no, even.

The answer is mo, as has been clearly articulated by Verbier. We've had the RNS for the put but have yet to receive it for the call. Plus, assuming that the rate of burn down has been pretty much the same over these weeks, the figure would seem to back this up.

Harry, so that your expectations are managed, there is still 600m shares from the CLN to come. On the other hand, if there is oil...

Smoggy62, ah yes, I hadn't quite picked up on that. VerbierDave is spot on in terms of the call being the second (possible) tranche of 185m should LO choose, and that issue on Friday was bpc's Put. Otherwise, the figs in SS's post look spot on.

Leave trp-rocket alone, he has special status here, along with Ralph. We'd be without neither of them.

Yes, the enlarged holding is from the Put, last Friday, and Lombard may or may not take the additional Call. See ShareScares's post for a very tidy exposition.

Yes, that's correct.

the muir001, this is a board where investors and traders can either exchange facts to inform others, or it can be used to ramp or deramp. If you choose to take a statement of fact that helps clarifies a poster's question as a deramp that's your call. Do you think you post claiming that LO are accumulating particularly helpful?

Happy for other posters to correct my thinking in a constructive way.

so still have some 350,000,000 shares to shift plus a potential further 185,000,000 if they take up the call.

Application will be made for the, in aggregate, 196,875,000 ordinary shares issued under the Put and the Adviser Fee Shares to be admitted to trading on the AIM market of the London Stock Exchange ("AIM") and it is expected that admission will take place, and trading in those ordinary shares will commence from 8:00am on 15 January 2021 ("Admission").

see https://www.lse.co.uk/rns/BPC/funding-strategy-reconciliation-put-option-q1fivhxlfqfrlak.html

Tunder, I'll think on a reply. It would probably be easier if there were some way to do this off-forum (not that I have any big trading secrets to share, lol).

brutal, no. and I'd like to avoid antagonisms and petty fights if possible. Have I upset you in some way?

riceman, wouldn't argue with that point at all. Simply exercising caution on broker targets. There are been some good guesstimates on here about eventual (emphasis on the eventual) possible targets - think one of them was from page of cups.