The latest Investing Matters Podcast episode featuring financial educator and author Jared Dillian has been released. Listen here.
Confluence
While I kind of agree, surely it had to be written as would otherwise its meaningless to say a debt for equity swap may or might reduce debt, d4e would remove a chunck of debt. At the end of the paragraph the final sentence of "All options remain under consideration" indicates that no decision on d4e, possible further investments, asset sales or a combination of them has been decided, which also makes it all the more confusing, intentionally? All from an RNS, which feels reactionary and quickly put together after the sharp rise to 32p.
Https://www.energyvoice.com/renewables-energy-transition/360795/former-petrofac-ceo-asfari-snaps-up-scots-offshore-wind-business/
Not sure I trust this guy, the RNS will have been run by him if not written by him inorder to get the price down for a cheap buy out. After which at some point he can list Venterra group and cash in with new shares. Hopefully he is honourable and not going to screw the LTHers and new ones just to enrich himself.
Time for day traders to cash in if they want a small quick profit, shorters to hold this hot coal as long as they can, then buy back 😅 along with new investors and institutional investors while LT holders like myself keep holding and raising their sell prices. Its not going to be fomo for shorters soon but fear of repossession of houses and debt collectors taking their ferraris away
Some one from White box advisors will be looking for a new job then. Hang in there shorters don't sell just yet leave it for at least another 25% rise first of all, think of the performance guarantees debt etc it will be fine 🔥🔥🔥
Hold and for me personally accumulate. While the market moves up on expectations of falling interest rates and she stays static the potential for a bigger bounce back when some good news comes increases. Legacy contracts no doubt getting closer to completion along with pay days. Trimmed a few more from Phoenix and rolls to top up. Watching shorts burn will be well worth the long wait.
While stating the obvious it does standout to me that over 50% of the entire short position is held by Helikon and Astaris combined. They both have built up the largest short positions, have the highest on going costs that will reduce any potential profit the longer held, while also risking the greatest losses. Happy to wait it out long myself while not much to be gained from chat rooms it's of occasional interest to have a look.