Down 10% then back up to just down 2%.
I had 180k 90k here 11p 90k blnd 320p I coulda had some losses from tullow an nmc back ah well. Figured if it went wrong stress would kill me.
Dam it shoulda just banged in 100k at 11p gutted.
Dbno it was waiting for you to sell.
The way they kept this depressed at 12p when everything was going up was totally messed up. Shame If I had any decent amount of money id if put it in at 12p. Not wrth the headache for a few K.. this should be 18p with where oil is. Pre merger news bailout probably around 50p.
Yeah £2 after they've issued 10 billion shares and then done a 10-1 like gkp did lol. Real price 2p. After 100-1 £2.
Im sure once arcm get their money back they will buy tullows debt and then screw them over
Nickel do 1! $575 million on over $2.8 billion debt doesnt even touch it
880k fine laughable. In usa it would of been 3-400 million
Maybe arcm have started to buy to close their short.... they have alot to buy. Even after TD let em millions at 26p.
They wont be making a bid... our tax credits are only usefull for uk production. And chryasoar is the one producing huge amounts for uk north sea. The rest are all leaving the North sea.
You can't compare assets etc. I think chryasoar has declining assets... im sure the others probably have some good assets... they needed pmo just as much as pmo needed them. Pmo will add on tolmount... catcher still producing well... so giving only 5% away is them thinkin they can get away with it.
I think 12-14p till takeover. Reverse merger. Or collosal bummin. Then market will decide... chryasour... been private who knows exactly what they been upto!
Na not really... im just here in mind and spirit. I think TD gave up th3 good fight and the board made him walk the plank. If it was a amazing deal I know TD would come out and sell it to us. It is good for their survival. But u may double up or triple up. If oil goes up. Shell an b/p offer same terms.
I think when people valuing chryasoar need to include the debt. Stop saying $5 billion etc they have $3 billion in debt. So put it into context. 2.4 billion pounds equity around 2.4 billion pounds debt. So total enterprise value £4.8 billion. Around about $6 billion. Marking equity around $3 billion.
Yea I think the markets already decided what chryasoar is worth just times our current market cap by 18.5 .... anything else up or down is just speculation.
pmo was giving away $160+ million a year in just interest payments. Let that sink in.
Chryasour should of given 12-20% in new company.! But they didnt want to give away nothing so chucked a few scraps