Member Info for ocelot

highest close since 11/12/15: 194.00p. At the time, it was in free-fall. The previous day, 10/12/15, it had closed at 210.50p.

.

It is these concerns which explain, in part, the rise in the oil price.

$72.17

https://www.bloomberg.com/news/articles/2018-04-11/saudis-see-strong-oil-and-look-to-secure-sales-in-prized-market

agreed!

https://www.iraqinews.com/baghdad-politics/adviser-kurdish-pm-nechirvan-barzani-to-visit-baghdad-soon/

Saudi Arabia wants to get oil prices near $80 a barrel to pay for the government�s crowded policy agenda and support the valuation of state energy giant Aramco before an initial public offering. In conversations with OPEC delegates and oil market participants, Saudi officials had been careful to avoid pinpointing an exact price target. Yet people who have spoken to them said the inescapable conclusion from the conversations was that Riyadh is aiming for $80... https://www.bloomberg.com/news/articles/2018-04-10/saudi-arabia-is-said-to-signal-ambition-for-80-oil-price

Confirmation from the final results that the receivables agreement covered the SOMO outstandings: On 23 August 2017 the Company signed documentation confirming an agreement had been reached with the KRG to put in place a definitive mechanism for the payment to the Company of trade receivables built up from overdue amounts with nominal value of $430 million owed for sales since mid-2014 ('overdue KRG receivable') together with nominal value of circa $300 million owed for export sales marketed by SOMO made before 2014, for which the Company has never recognised revenue ('overdue pre-2014 receivable').

.

Davy seems to be where Karamehmet's shares are lodged.

The SOMO outstandings formed part of the receivables agreement, unless I'm mistaken. See the relevant sections of the final results.

From memory, Bilgin and Daax are both about 15% each, Karamehmet is in the low 20%s and Nat Rothschild is, through 2 holdings, about 16% in all, making about 70% between the 4 of them.

Bilgin, Daax, Karamehmet, Nat Rothschild, not sure where that free float percentage of about 53% comes from.

Evraz down 20% today (Russian oligarch).

A new ad hoc arrangement for (oil) revenue sharing appears to be the order of the day between Erbil and Baghdad. The new arrangement lacks any legal sanction, but it may endure for some time given that it addresses key concerns of leaders in Baghdad as well as Erbil... http://www.rudaw.net/english/opinion/09042018

hasiba, The net assets are in $, they need to be converted into �s, because the share price is in pence.

Net assets were $1,609.8m at 31/12/17. @ 1.41 = �1,141.7m Equivalent to about 410p per share.

and �1/2bn company again.

.