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Never22,
Didn't think we had been issued with a closed box (effective) date as of yet, would that not be in the circular (prospectus) yet to be issued.
But yes, in principle, should the deal occur ( I see no reason it would not) once the circular has been issue and date for AGM on the vote confirmed.
aimo & dyor
See we had YET ANOTHER reversed trade today.
22-Feb-24 10:36:58 7.59 -300,000 Unknown* 7.57 7.65 -22.77k O
22-Feb-24 10:36:58 7.59 300,000 Sell* 7.58 7.65 22.77k O
Order loaded up with 300k sell to pull the bid down, then why oh why is it then immediately reversed back again.
The weird thing is, I have noticed these types of large trades (sell then reversal) are occurring time and time again but go through as an 'O' trade. The unusual aspect is the reversal happens within a same time stamp, not something you can achieve if you are a legitimate 'O' trade.
Totally illegal loading of the books and our house broker should bring this illegal trading to the attention of Chariot.
aimo & dyor
Morning too,
Just so frustrating seeing our SP drop ~25% since start of Feb on the run up to what could be a new era for CHAR, a decent revenue stream !! Each time the chart says buy, it drops to new (multi) year lows.
I want to commit more cash here (probably will tbh) but we have both been here far too long to know, "it's in the bag" when it comes to CHAR. atb
This time next year Rodders !!
aimo & dyor
JWB, you have posted 3 times this morning, asking the same question, may I suggest you email AA, he's always forthright in his reply's.
aimo & dyor
This is the guy we need as our CEO ....
https://www.lse.co.uk/rns/KIST/uk-onshore-gas-storage-assets-maikodedz5bqd5a.html
aimo & dyor
Good deal afaic, why spend £25m on O&G extraction at EPL tax rates when you can bypass that and still trade the commodity, thus more profit.
aimo & dyor
"first thing that the company should have done once epl hit was to diversify overseas.."
Yet Mitch decided that the TW deal was still a good one !
When you get to the situation when you are hoping for a bid then things are getting desperate. We will soon have the 12 months up since deal and then the 'founders' can begin to sell their shares too.
aimo & dyor
Don't think Mercuira will be too worried about the persistent weakness of our SP, in fact they will be rubbing their hands to see a once great company fall from grace, that's AIM for you. Shark infested waters !!
aimo & dyor
Morning Mommur,
I do recall reading on the official GOV.UK site that these 'floor figures are now linked to inflation, not sure what measure of inflation that is but I do remember seeing it, somewhere or then again it could be the same as I saw Kylie Minogue in my bedroom the other night, who knows !!
That said, given it needs both oil & gas to be at an average below these figures for 6 months (I think that's the criteria) there is not a cat in 'ell chance of it ever being invoked.
As for having the industry "over a barrel", should that not be 'over a boe' !!!
aimo & dyor
LOL, Don't think you can class a few dozen AT trades of low value, a 'sell off'
SOS,
Good question, I'm guessing that SQZ will be 'gambling' on all outstanding allowances not being void and indeed not being taken off the shelf totally going forward either.
That said, should CapEx be as stated then at this time next year we should be well on the road to seeing significant improvement in production. Something Mercuria would love to see as it makes their job a whole lot easier not least more $rewarding$ too come the T/O.
aimo & dyor