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Older and wiser:
I'm afraid PG runs a very small ship, rather more like a boat actually, undermanned and undermanaged, and very vulnerable to the choppy seas and pirates lurking out there. That's my biggest worry about PRD.
The current share price is perhaps a reflection that the Market believes this as well..
MOU-5 is expected to be drilled between 1 April to 31 May 2024 in order to avail of in-country well services that will remain following the completion of the Company's rigless testing programme, ➡️ which is currently underway, ⬅️ thereby reducing mobilisation costs for well equipment and services.
If you go into Blackrock’s board room and ask why they’re messing with the Solg share price, you would be met with blank stares and a call to security. But somewhere there’s a BR employee (with a manager responsible for their performance) who’s job it is to ‘work’ the Solg investment. So I agree with the Colonel that manipulations of some kind are entirely possible. Just not at a corporate level.
Email just sent.
I only hold a few HUR shares- first sold at a 75% loss and then bought back in due to CA increasing their stake.
Thanks to senseman and everyone else for all their efforts on this and hopefully to CA too.
Alliance News) - Crystal Amber Fund Ltd said Friday shareholder Saba Capital Management LP will vote against continuation of the AIM-listed activist fund.
At an extraordinary general meeting of the fund held in July 2013, a resolution was passed for a vote to be held at the 2021 annual general meeting requiring a 75% majority of votes to be cast in favour of the company continuing in its present form.
Crystal Amber said that on Thursday a letter was received from Saba, which holds more than 25% in Crystal Amber, to inform that Saba will be voting against the continuation vote and that, accordingly, the vote will not pass.
The directors expect that the next AGM will be held at a similar time to the meeting held in 2020 - in late November 2021.
Crystal Amber said its directors are mulling proposals to reorganise, reconstruct or wind up the company, as required, if the continuity vote isn't passed.
Unless a one off lifetime vaccination is invented for COVID, it is likely to follow the same path as flu in that some people are vaccinated each year but the majority are not. For those that are not vaccinated and for those who get chronic symptoms even with the vaccination, then therapeutics will be the answer.
Surely the 2/3 K price is the stated price before negotiation i.e. ‘list price’. What the NHS ends up paying would likely be a lot less. Although given past stories about NHS drug negotiations it could turn out to be a lot more...!!
Won’t surprise me to see a.couple of TR1, s Of institutions mopping these up , they have a far better understanding of Micro Focus and its potential going forward
I do hope so.
Lets hope that understanding isn't why the shares are being offloaded in droves...
Bought in a while ago at 440 and added a load more to average 413. I’m looking for the negatives but can’t see them. Time will tell...
Useful summary of the situation with regard to the court case - see the third and fourth paras under USA;
http://competitionlawblog.kluwercompetitionlaw.com/2017/11/21/product-hopping-competition-law-risks-launching-new-product-formulations/?doing_wp_cron=1588084962.3746581077575683593750