The latest Investing Matters Podcast episode featuring Jeremy Skillington, CEO of Poolbeg Pharma has just been released. Listen here.
Exactly... summed it in one. He will buy surrogate babies on ious though. There is only 1 winner here that is chryasour. Their backers want to cash out. They've been stuck ipo would screw em in this market so this fits perfectly pay zero for pmo. Wipe out the debt so no more 8%. Now pmo is a cash cow. Imagine not having to pay 8% interest q year. But seeing as no one else will rescue we will give them only a measley 5%. So pmo all in but name
Mfrs were juicing pmo at 8% interest anyway. 8% and they were getting paid annually.... if anything they will be at a loss... pmo woulda kept paying for yrs even if the principal amount was pushed back 10 years.
Tolmount they valued it at $1 billion. Sell it. Catcher $800 million. Sell it. Indonesia $500 million. Sell it. Then lets start again with zama and whatevers left debt free.....
Debt was bought down by $400 million over last few years? We coulda bought bp assets giving 60kbpd for that much wonga
8xs4 =32% and they getting close to 75c.+ so they ain't losing nothing. Shareholders.... from 100 to 20p are taking a haircut. This is a Shareholder wipe out thats why Tonys leaving.
Debt holders have been gettin close to 8+% interest they ain't taking no bloody haircut!
Thats exactly what they are doing stealing from pmo shareholders.
What's not to like is 4xs. From this price oil at $65. Youd want 7xs
Maybe they been selling under the radar but they should have way more than 0.12% between em.
Premier's Board intends to provide its unanimous and unconditional recommendation to Premier's shareholders to vote in favour of the Transaction, as the Premier directors intend to do in respect of their own beneficial holdings of Premier's shares, representing approximately 0.12 per cent of the existing share capital of Premier as at 5 October 2020, being the last practicable date prior to publication of this announcement.
Then why did they quote 0.12% or did I just imagine it.
The board only holds 0.12% shares is that like 900,000 shares. Worth 140k? The entire board?
from what I been reading vote No = lose it all...? Vote yes because you have no choice? Then why vote... basically shareholders are nothing....? Devon saying if it goes to admin then they just take the deal on the table? Erm wrong administrators have to get the BEST deal and might find that isn't the best one. All im going to say is owning any shares is nonsense. Shareholders are like the the crap you step on outside. Take a lesson and give a lesson to your kids. The stock market makes some people rich and most of us poor.
Dbno dont fooorget to mention d downside on olivia.... got to love when dbno is in
grippa relax... death and money 2 different things. You are in the same position you were in yesterday albeit 6% higher. So you haven't lost anything since yesterday. Just the potential but that was always a maybe anyway.
On the basis cryasoar ceo feel sorry for us after reading this board and telling ok ok you will own 5.66% of the company not 5.65%.
Sk im over it or so I tell myself... tell myself not worth the headache. But sometimes I wonder if to get back in... then this happens and it reminds me we are just the crap at the bottom of the sea. They always say stakeholders but really they always mean the ppl they owe money to.
Tullow gave me a 200k hit in 1 day. Dec last year. Never did I forsee a 75% drop in a day. And they say that kind of stuff is legal. Then nmc ftse 100 darling took the rest... im telling you shareholders are wrth nothing to ceos the board look at flybe look at sxx. Look at hur.
F the stock market. Biggest ponzi in the world. Been out me since I got a 304k knock out from tullow then nmc. I see stuff like this happening and think you know what the whole stock market is like horse racing.
Maybe they moving to tullow.