Premier continually reviews its portfolio, seeking to progress acquisitions which materially enhance its asset base and create synergies with existing core businesses while selectively disposing of assets to accelerate cash flow. In Mexico, the sales process for Premier's interest in the giant Zama field and the unitisation of the field with the neighbouring block were impacted by the collapse in oil prices and COVID-19. It is Premier's intention to resume discussions with interested parties towards the end of this year, once the unitisation process is further advanced.
If I’m honest, My only hope is the fact TD cannot be this stupid to go ahead with this, surely. I like(d) the assets, but not now, he must have something else lined up to justify this or he is a complete egotistic lunatic.
Kenni, I was thinking the same, TD is stitching us up for a cheap t/o here. Why else would you announce RI 3 times and not act on it. The man has turned out to be a crook
I wrote head office a strongly worded email, I wonder how many they just delete without even reading. TD must have something up his sleeve here to not announce an RI price? I can’t get my head around it.
Well run? **** me, I wouldn’t like to see a badly run co. Who mentions an RI and leaves the sp to drift for 2 months to then announce twice as much dilution? ****ing simple pric k
I’m 30 k down from yesterday, but seeing my little girl happy and healthy it does remind you it’s just numbers. It still hurts but it’s just money, just in case anyone out there is close to the edge. You can always make more.
RE: Positive attitude toward PMO will help with SP21 Aug 2020 08:55
Funky, you’ve been right recently but that isn’t true, we wouldn’t default if the ri isn’t taken up it’s just more interest to pay on creditors buying the debt. As I understand it