All his companies all three of them theyl lose. Only money shetty will get away with is what he took to India. Im guessing thatl be less than if he just did everything legit.
Nuri im out. Im still a believer the FTSE will see 4000 by year end. Il reassess the situation then. No work no furlough money tennants cant pay even if I wanted to enter this ponzi scheme I have no funds to.
Hereshopin you know me I say it as it is. Im negative if its negative im never one to hit when it it suits my position. You forget lake albert was suppose to bring in heavy bpd. With only 10%. Its gone cheap and I say this as last 33% went for $1.3 billion so literally 50% cheaper. They nearly had 22% sold at $875 million before the tax issue arose. But with oil where it is I cant blame them but its not amazing. There will be nothing left after kenya. Pmo has tolmount tullow has its hedges. Both need oil back to $50+ to go back to 100p.
Selling the crown jewels cheap. Tullow initially sold 66% at way way way higher. Im sure this is at 40% discount. But with oil where it is think they just took it. Total paid $1.3 billion for last 33% and only $575 million for this 33%. Suppose they intend to sell kenya at $400 million then.