Member Info for js88

It will go again kraken

50p would be a group value of circa 8.5 billion, I'd take that but can't see it happening for a long time.

Did you mean companies making 500 million?

Whats a bit alarming is the fact that independent analysts were valuing the group back in October around 2.7 billion. Even adding 1 billion to that gives us a SP of circa 21p, not great really. Has there been an indication from BoD what range they would expect? I understand the prospectus is out in December which will have the finer details.

Rookie just had a look at the presentation and my understanding is as follows:
If the group is valued at 5 billion, 5.45% would value PMO shareholders around 272 mill. Dividing this figure by the number of shares in issue 926 mill gives a value of circa 29p. I am of the assumption the value would now be a lot higher than October given poo is up.
I guess the biggest question is what is the group worth?? I understand LTHs frustration here as they're locked in at a lot higher prices. Considering we were at 50p prior to the SP being brought down to 15p then the deal was done, Tony has put the knife in to a degree.
Looks like this one could be a good hold for 12-18 months. Be good to hear others thoughts.

I'll have a look later today, any slide in particular i should focus on for figures? Thanks in advance

Fair enough, anyway of trying to work out what we project the SP would be after takeover?

Rookie, how would they be taking a 70% hit, are you referring to the SP after takeover?

Lets say oil price shoots up, and the decision is made not to merge with chrysoar, is the deal for Andrew and Shearwater still on the table by way of a capital raise?

Do we have any timescales on when we will hear more about the merger and what 5.45% means to shareholders in terms of value. Surely would be in excess of 30p

When can we expect to hear more about the merger?

Back in, after being out since August. Wish i had bought a couple of weeks ago.

You out at 30p Rookie?

Are you saying 24-26p is what you value it at now?

Looks very promising, thanks for sharing.

Thanks Rookie, i have a small holding around 60p looking to add to it tomorro/friday. I'd happily hold to the 50/60p which i believe can be achieved in the next 12-18 months.

Rookie just out of interest how are you getting to 30p plus? Considering the SP shot up to 50p in the summer, is your valuation in the 30s aas a result of the merger? Interested in hearing your thoughts.

24p I'd take that any day.

Can we see expect to see 50p here in 6 months?

Ever see PMO at 50/60p again. Small holding at 60p, thinking of buying some more.