Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
looks like you have 53000 shares in PMO which are now invested in HBR, at todays price of @21p you are currently nursing a paper loss of 7p per share, all will come good in time, good luck.
19.4 to buy and sell on Halifax, at least going in the right direction, gla.
currently 18.6p to sell, 18.96p to buy on Halifax sharedealing, and that is a fact.
cesspit to cesspit, happy days.
that people are listening to, and taking advice from wannabe stock analysts who haven't got a clue what is going to happen, they even told us this stock would be suspended yesterday, oh really? don't think so, my advice is simple, what will be will be, and there ain't no changing that, gla.
freely tradable, no suspension at all, gla.
wish it was tomorrow, it would shield us from the fallout of the oil price crash, seems like any negative news regarding vaccinations and covid infection rates gives them reason to crush the price beyond reason.
yes Emerald, that seems highly logical, how can oil be worth so much less in such a short period of time without any funny goings on? lets hope it all turns out alright for us sailing on the good ship PMO,atb.
can i have access to your crystal ball please, looks like you have called it right again today,good luck.
with the new entity having a vastly larger boepd, these crazy swings in oil price are more damaging to the bottom line, the market is nothing more than a modern day dick turpin, with the exception of any consequences, makes me sick, totally corrupt imo,but glalth and traders alike.
atm, people worrying about what might happen to the price post merger, couple that with the rapid fall of oil recently and we have the perfect storm to keep price under pressure, lets see where we are in 6 months time after HE have firmly got their feet under the desks, lets face it, they don't have very big boots to fill in respect of TD do they,glalth and traders alike.
they want us to own 5% of sweet FA, getting screwed big time here.
to assume that PMO SP represents 5% of the market cap of the new HE, well if that's the case they have just marked it down again today, you would like to think that they could see a bit further past the price of oil in PMO's case with the merger about to happen, but no, they just keep slicing away at the price at will, I will be glad to see the back of the mess TD caused us in here, glalth.
so with the new entity being valued @ 3 billion would equate to a SP of @ 16.21p, 5 billion would equate to SP of @ 27.02p, not looking like a very good outcome for us long termers from where i stand, i would like to be proven wrong as i have a large position here, i even added another 100k shares last week @ 31p, probably would have been better adding to my Tullow holdings instead, glalth.
'it is not unreasonable to assume', very reassuring not, basically telling us that they don't have a clue as to what the market cap might be, they are saying that it is better to own 5% of something than 100% of nothing though by touting the increased production and stronger balance sheet, look over at Tullow Oil, they have bigger debt than PMO but have come up with a plan to take the company forward without baiting out their shareholders, glalth.
Chrysaor shareholders will own 77% of the new Harbour Energy, while we, the current PMO shareholders will only own 5%, with the remaining 18% going to the PMO creditors, as I see it, this is just an elaborate D4E swap which will leave us PMO shareholders with next to nothing, hope I am proven wrong but it certainly looks that way to me, glalth.
I don't buy into PMO share price being representative of 5% of the new companies market cap, by that reckoning the new company has lost 18% of its value since the start of last week when the sp was over 31p, total rubbish, in any case we will find out sooner rather than later now with the 1st of April fast approaching, gla.
thanks Stevo for clearing that up for me, I will sleep better tonight with this knowledge, gla.
that's the problem, the stakeholders have already agreed to the merger, just hope we don't get sold down the river.
I am reading that we shareholders of PMO will be left with only 5% of the the company, I am sure I have seen the valuation of HE is going to be in the region of $2 billion, I am right in thinking that PMO have a market cap of over $200 million just now which would mean we lose over half when the new shares start trading? 5% of $2 billion being 100 million, I hope not, appreciate someone with better knowledge to explain, gla.