Member Info for Mickthegambler

Do the cfd accounts payout short traders on the company going private?

I think that is correct as this has been discussed previously

Makes sense to have at least 12 months otherwise those cfd brokers would be paying out even more frequent

As far as the small amount of shorts go, usually with IG it takes 12 months to be paid out at which point the broker assumes no relist and settles although I would expect most shorts would close grey market before then. So if frr does delist then they relist at a later date say 6 months down the line then the trades on cfd accounts will just resume back?

Dont let the shorters win they will get there money if this de lists as the cfd trading platform pays out on there short trades

So if thats true couldnt they just ask for an extension from lse to finalise the process as it happened over christmas a week was lost then??

Will do

Zib i think he doubles his money as the trading platform see the company as insolvent and pays out

If this de lists tim kempster reckons he will get paid out on his short trades

RE: KickMuck19 Dec '18 Tsbs, it really is peanuts and noise in the grand scheme, and that is absolutely genuinely all I can say. Focus on 1) BHGE 2) the other Major 3) the NY transaction 4) the 2019 development plan which needs 1,2 & 3 working together...

Reg if this de lists some cfd accounts will payout on the short side so in effect they win

They could get a new nomad and remain suspended so thats the best option

Lets Get the nomad sorted Ooc with outrider Then deal with BP Then come out of suspension

Yet despite the price drop in the big picture, energy supply prospects for the future continue to brighten. Reuters reported that BP struck black gold discovering two new oilfields in the Gulf of Mexico that could bring an additional billion barrels of oil at an existing field, thanks to new seismic technology. Reuters writes “ The company has put a heavy emphasis on technology and data processing capabilities in recent years in order to unlock new resources and cut costs. The $1.3 billion Atlantis Phase 3 development will include drilling eight wells and a new subsea production system that will boost BP’s production by 38,000 barrels of oil equivalent per day (boed). It is scheduled to start production in 2020. Together with the new discoveries, BP aims to grow its Gulf of Mexico production from over 300,000 (boed) at present to 400,000 (boed) by the mid-2020s. BP said that new seismic technology helped it identify an additional 1 billion barrels of oil at its Thunder Horse field within weeks, whereas previously it would have taken a year to analyze”. Remember peak oil and you can’t drill your way to energy independence? Neither do I.

Shorters win if this de lists as most cfd accounts payout according to loggy

1onic you hold no position and you do not short what is your purpose?? Need to get a life pal

Could get caught with a midday RNS but chances of a suspension pending a buyout are slim i wouldnt want to risk it though we all have our own strategy

Do you put a stop loss on?

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Puds isnt it johnnybebad?