Yep, -6.5p (-6.5%) for afaik, no reason ... Massive number and I mean MASSIVE, of 'Machine Gun Kelly' BoT trades today (vast majority all sub 1000 shares), frequency of which accelerated substantially into close like I have never seen before on SQZ or indeed any other share for that matter.
Over 750 trades today with above average volume too ...... wowwww !!!
Don't think the board would agree to that so any approach would need to hostile. So many would vote against given our generic growth potential over next 16 months. I would vote against for sure, with the likes of the Hardy's, GRG and Mgt would mean circa 31% could vote against.
Why does everyone keep going on about Oil ..... BP business model is so diverse that in fact the volatile nature of commod's will aid BP not hinder imo.
Sentiment is driving the SP's across the board, all fueled by the MM. They know this is their last chance to create fear and drop the markets. Once US elections (regardless of the winner imo), Brexit are done and more importantly a vaccine is available watch the indexes power on.
I agree, one way forward would be to get into the carbon capture market early, maybe no so much electrification of platforms. The OGA imo will be eager to replicate the Dutch's Porthos project and are currently hosting series of workshops to target 2050 net zero.
Extract ... "The energy transition consultancy, Pale Blue Dot, has previously identified the Bruce field as one of the top twenty prospects by volume for CO2 storage, as part of a future potential Carbon Capture and Underground Storage (CCUS) development..."
Mitch, as a member of OGUK will of course be in our corner too.
As far as revenue earning potential that would be many years off, but the publicity of being a frontrunner in such a high profile arena would earn SQZ brownie points if nothing else, or as a SQZ shareholder, do I not need to think that far ahead !
For me, its interesting that given the improvement of POO and particularly Nat Gas over the last 4 months or so together with the futures also looking likely to be in excess of current prices, that SQZ did not take the opportunity to announce an interim dividend ..... Even a 1p/share would of sent a message to the market worth far more in terms of PR and probable SP boost than the actual cost of c£2.7m. Gosh, even if 1p/share was too rich, I would have been happy with even a 0.5p (c£1.35m) interim. So why didn't they ? Like I said, interesting !
RE: incredible prices for a top company18 Sep 2020 19:44
Actually, my pension contains BP .... as such, I think that is itself a real issue atm due to the constant decline of BP and other blue chip stocks .... my pension like many others has been decimated over the last 6 months. Not good when you are looking to cash it in !!! That aside, I recently purchased some at 313p outside of my pension. So I'm not too happy with its performance atm to say the least.
"They had lockdown and then they continued monitor closely to every single case. It seems they spent more money to trace it but overall they spent much less to control the virus......"
Nothing really to do with UK Gov controlling it, more to do with societies respect and response of individuals towards controlling Covid. Too many people in the UK just don't care ... and that's in general, not just to do with the virus. I'm alright Jack, stuff everyone else appears to be their mantra.