I’m probably in that category Spin - lots of noisy cars with big powerful engines, not that I use them much nowadays as I spend most of my time watching my boys play football and riding my 1300cc V twin KTM ‘s - I have 2 just incase 1 breaks-down. I also do my bit for the environment by saving on tyres by keeping the front wheel off the ground for most of the time. Who says we can’t have fun growing old. Maybe one day I’ll buy a boat and get a fishing rod if there’s any fish left in the sea.
Remember AB is suffering along with the rest of us. I bet he's deeper under water than most of us here and with far more skin in the game. The only advantage he has is the fact he knows what's going on behind the scenes all we can do is to sit back in stress mode waiting for things to turn around. Not much fun is it !
I hope you are right Jan. I've got the worst record for trying to catch falling EnQuest knives, surprised I've got any fingers left. I should stick to spray guns
Remember AB is suffering along with the rest of us. I bet he's deeper under water than most of us here and with far more skin in the game. The only advantage he has is the fact he knows what's going on behind the scenes all we can do is to sit back in stress mode waiting for things to turn around. Not much fun is it !
I hope you are right Jan. I've got the worst record for trying to catch falling EnQuest knives, surprised I've got any fingers left. I should stick to spray guns
Another new yearly low hit today. This is great isn’t it.
They could have and should have set aside a small percentage of FCF for buy backs rather than just allowing this spiral to happen. We didn’t need to wait for 0.5
The bod have to take part of the blame
They don't need to do anything the stock will automatically be transferred to LSE.
Our SP is appalling and the blame does lie with the BOD, they knew exactly what would happen to our SP if they didn't then they shouldn't be running the company.
I'm sure this has been done on purpose. Maybe AB loaned his stock out
The delisting handed a easy short to the market like it was done on purpose but what else could EnQuest do. they must have wanted to reduce the complexity of the company like they have done with the debt to make us look more attractive to potential buyers, can't really see the costs being the driving force behind it.
Anyway that borrowed stock will need to be bought back at some point and the higher the stock on loan could provide us with a bit of a bigger bounce if good news lands.