Member Info for Rookie1

Do I add more? Honestly no idea anymore with no real direction. I’ve said it before and I’ll say it again I have no problem admitting when I’m wrong and cash ferret said TD would do this. Let’s just hope that’s the worst of it over with now.

30p open

§ A further $300 million of new equity concurrently raised to reduce debt of which $205 million will be underwritten by Premier's senior creditors who would convert existing debt into equity to the extent that the $300 million is not raised from existing shareholders in a pre-emptive offer or from new investors

Not trying to sugar coat a ****, but this doesn’t read as bad as a i first thought, not good by any means but what’s others thoughts on this ?

Worst of it is, what the **** is the placing price? Put a mark on it TD you absolute toss pot.
Cash ferret was right, this man couldn’t run a bath.

Can anyone post it on here please?

Guessing about now looking at Brent dropping, must have been a build?

I actually agree with that though, the world is corrupt and if there’s anymore lockdown measures reinforced the last thing any of us should give two ****s about is our pmo shares, or money for that matter because there will be nothing left.

I’ve said before this could be the easiest t/o of the world we have ever seen because governments are just puppets listening to some psychopaths telling them what to do.

I do think ( more hope) people are waking up to how mislead they actually are and the whole covid fear factor seems to be wearing thin on many now, once the media stop spinning story’s on it no one will even know its there. I’m still yet to see or even hear of someone I know who has had it!

Funky I’m not sure your actually short or and just looking for a cheaper entry.

Very brave! I would never have the balls to short pmo

Funky, I have that problem, when I’m spectating I can call swings 80% of the time, as soon as I put money on the table I get a slap on the face and the universe saying get back to work.lol

How does Brent look overbought?

Well Cash I don’t mind admitting if we get a substantial rise soon you’ve played this well

Hopefully get this 36p out the way today with markets looking positive.38 p close

Couldn’t care less if it just covered the BP assets and that would be a low ball offer, the market has applied no value to zama whatsoever and rightly so. So $300m would be a mega result imo and still be a catalyst for a hefty rerate.

Lenin, no one knows where this is going short term mate, best of ignoring everything on this BB, sometimes it provides little snippets of useful information but it’s rare. Good luck

AK this is why I keep banging on about zama, the bridge facility is in place so can be used until a zama deal is finalised. Just my thoughts, could be wrong.

I don’t think the rise is because of the explosion, it didn’t do much to the oil price at all when first announced, this is because of the draws starting to show imo

Who’d have thought we would be at $45 oil and 36p!

Real possibility of $50 oil soon imo

They could be waiting on something to juggle refinancing about, I’m still thinking something in the pipeline with zama.