Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
If the oil price stays at these levels for another 6-12 months how many small companies are going to have to sell there asset's cheap to clear their debt piles and the big companies will pick them off cheaply.
The small companies have shelled out the cash to do the r & d then miss out on the end goal because they have run out of cash ?
Just my opinion i am sure someone more educated in this will give a better assessment
8-Aug-20 09:48:35 0.3415 45,000 Sell* 0.335 0.35 153.68 O
18-Aug-20 09:39:17 0.3415 583,312 Sell* 0.335 0.35 1,992 O
18-Aug-20 09:35:07 0.332 308,519 Sell* 0.335 0.35 1,024 O
18-Aug-20 09:19:47 0.335 2,950,722 Sell* 0.335 0.35 9,885 O
18-Aug-20 09:07:20 0.3415 1,000,000 Sell* 0.335 0.35 3,415 O
18-Aug-20 09:04:58 0.3415 435,885 Sell* 0.335 0.35 1,489 O
18-Aug-20 08:59:26 0.3415 55,935 Sell* 0.335 0.35 191.02 O
18-Aug-20 08:47:23 0.3414 114,543 Sell* 0.335 0.35 391.05 O
18-Aug-20 08:45:34 0.3404 676,747 Sell* 0.335 0.35 2,304 O
18-Aug-20 08:39:28 0.3404 175,000 Sell* 0.335 0.35 595.70 O
18-Aug-20 08:30:11 0.3405 500,000 Sell* 0.335 0.35 1,703 O
18-Aug-20 08:29:17 0.3407 2,935,133 Sell* 0.335 0.35 10,000 O
18-Aug-20 08:28:29 0.341 260,000 Sell* 0.335 0.35 886.60 O
18-Aug-20 08:27:15 0.3405 291,938 Sell* 0.335 0.35 994.05 O
18-Aug-20 08:22:44 0.3405 554,333 Sell* 0.335 0.35 1,888 O
18-Aug-20 08:21:15 0.3405 56,389 Sell* 0.335 0.35 192.00 O
18-Aug-20 08:09:25 0.331 725,882 Sell* 0.335 0.35 2,403 O
18-Aug-20 08:08:39 0.3407 146,756 Sell* 0.335 0.35 500.00 O
18-Aug-20 08:07:04 0.3407 876,872 Sell* 0.335 0.35 2,988 O
18-Aug-20 08:06:17 0.335 230,000 Sell* 0.335 0.35 770.50 O
18-Aug-20 08:00:45 0.3409 26,990 Sell* 0.335 0.35 92.01 O
18-Aug-20 08:00:22 0.3409 50,000 Sell* 0.335 0.35 170.45
Laidback the price of oil and the current supply is already factored in on the share price and the only reason it is lagging back is the uncertainty in the markets and the shorters.
In fact I’ve about convinced myself I should be buying tomorrow regardless of 20p or not lol
That is the figure I am comfortable buying back at myself not sure that it will get there but that is another thing.
But the constant drivel is not going to affect the price to your benefit
Companies with more debt on board and no money coming in like Intu are still some how in business and you carry on about Tullow’s debt burden as if they should be sub 10p.