A surge in oil and petrol prices; US tariffs on EU products of about $8 billion (WTO has ruled on the Airbus dispute; US Fed to lower interest rates by 25 basis points and continue to do so at the same rate for the next few months until the yield inverse is banished; Boris to go on his his plans to make us poorer even if the Supreme Court rules in prorogation illegal; More generic drugs to be recalled because of NDMA contamination.
PHC should be announcing interim results this week - I am expecting them to be taken badly by the market. Anything over a 50% drop may create a buying opportunity for some.
Even Uncanny has started asking for updates to 'appease shareholders minds'.
I think most are expecting Valirx to use the shares not in issue to raise all the funds that they can before Boris drives his bus (with all of us as uninvited passengers) into the Abyss.
Allegedly, some of the BOD read these boards - my message to them is it is time to deliver on the inflection points that been mentioned in the past (which to date seem only to have led to dilution and a declining share price).
I was happy to have Sparkle on an OSX development build a while ago - reformatting \ deleting formatting \ changing data structures is understandable but changing interfaces and hiding in plain sight is not a sign of honourable acts by our current leaders.
Thanks - I had not read that much other than seeing the price drop a bit because of the potential dilution and the end of the planning application sugar rush. The copy and paste statement is as below:
'Following our transformational acquisition of a further 35% interest in Horse Hill, our attention is now firmly refocused upon the Portland oil pool and the drilling of the much anticipated HH-2/2z Portland horizontal well, a key step towards establishing significant long-term production and cash flow from Horse Hill by the end of the year. Meanwhile, the Kimmeridge continues to produce solidly and beyond our technical expectations, which bodes extremely well for the future Kimmeridge development at Horse Hill and elsewhere in our licences in the Weald Basin.'
European Banks may benefit but Brexit means the UK is leaving the EU on the 31st of October - our banks seem highly unlikely to benefit unless Boris and his band of merry Brexiteers are somehow thwarted.