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OR she...
As a LTH in SXX I can assure all here that it is a very different business and comparisons are weak at best.
Tullow is producing their product of choice and has more than £5 in the bank, very different proposition to SXX
What would you expect to happen if "we" voted no?
Because those things are wildly inaccurate
DMagee - I'm glad it isn't all doom and gloom on here. Congrats on your profit
why ZOE? you said to sell at 3.5p? I'm fairly confident that's less than 5.5p...
Mattw - Perhaps, frankly I have no idea. I wouldn't be surprised at anything anymore with this company.
Personally I think there will be a bidding war that might reach somewhere near 8p (but that is perhaps more hopeful than realistic).
That would be very nice mattw - however you'd have to assume that talks wouldn't be so advanced if that was still an option
There's plenty of "I told you so" and "CF is a moron" being thrown around today. That's all well and good, cathartic to a point, but ultimately not helpful from an investing perspective.
3 options here as I see it - this offer goes through at 5.5, a lower offer over the coming days, a counter offer from a competitor to AAL. Which of these is more likely and why?
Plenty of panic selling today at or around 5.5p, but I want to be a little more calculated.
Does anyone have an insight on the potential of the 3 options?
Laker
what are you smoking, Joe?
17m buys = roughly £700k - that's a lot of FOMO - even bucky's 4k would have to be replicated by 175 people...
See you all here 7am tomorrow?
Mine is pretty similar to yours littlebricks - going to leave it where it is for the time being.
Apologies if this is going over old ground, I haven't been keeping up with things over the festive period. Moody's downgrading Tullow is obviously not good news, but will this have a material effect on the companies performance in the medium term? I'm not too sharp on the tangible effects of these ratings, so if someone smarter than me could explain that would be great!
I work in recruitment, I promise you that closing dates are totally irrelevant. And people do not put out adverts speculatively - they may put out adverts when they don't 100% have a job or a need, but there is a large cost and time associated with advertising, so only done when something is more than reasonably likely.
HS2 is a great idea, being implemented in a moronic fashion. 7 sections all with JVs and hundreds of subcontractors means that half the money is spent arguing about who has done what and what caused what. Plus nobody is value engineering to the best of their ability because the perception (and possibly reality) is that there is a endless money tree funding it. One of the JVs has an office in Holborn, which isn't even vaguely cost effective, some of the most expensive real estate in London.
Merry Christmas all.
I have had a couple of days away so apologies if this is a repeated message. I've a pretty reliable source on the project and know that the TBM has made it past 3333m with the biggest day at 48m. They think early next year that 60m in a day is achievable. A slice of positive news after the year we have had. Find a solution to the shaft issues and funding will hopefully come much easier.
All the best everyone, and have a great holiday period!
Laker x
A family member of mine works for Strabag. His info made me confident Sirius was a good bet. That was when the SP was around 27p. Still here. Still hopeful. Less confident.