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i hope not
I bought back in here on interim day, i’m going to work hard to save up and buy as many Enquest shares as i possibly can. Good luck to all holders and try to be kind to people out there because the authorities are not on our side, we need to stick together. do kind things everyday like remember to let drivers out of junctions wave and smile at people. also keep social distance but don’t wear masks if you can get away with it, it shows others that we are a nation of strong free thinkers. obviously if you do have a cold then just stay home like we always would do anyway.
Premier Oil has always moved dramatically so don’t be surprised when we finally get the move up. ARCM will use the money they get from the debt auction to buy cheap equity then watch this go to 60p
Keep the faith romaron, i really enjoy reading your posts. its a shame our st leger festival got cancelled for punters but not surprised as spineless doncaster council have always been a waste of space its just a payroll for fat old (ugly) labour supporters (not saying all labour supporters are, just they are in donny), they even struggled to empty our distbins never mind promoting local businesses
Enquest share price should withstand the brent dip, as economies startup we should see oil price stable to higher. people are realising that covid deaths are staying low now. money from gold, bitcoin and tesla-tech flowing back into oil and real world assets
Jan, please could you put my name down for 60p party? do you have a temporary email address in order to exchange real email details, thanks - Runner
Hi all, is there a way of exchanging email addresses or forming a group for the occasional private chat? For LTH maybe we could have a 30p party prior to the 60p party? I think Romaron or Epip121 could/would vouch for my validity as I met him at last years AGM. Another reason I ask is that I've got a question that I'd like to ask Pelle about a Stockholm listed company thats all. So to re-iterate how do we make a contact group with genuine people in it (without exposing ourselves to non desirables)? thank you
i love this creative idea of actively trading in our our bonds to bring the liability down. I believe AB buying and holding shares has reduced volatility for us too. Things will soon stabilise and improve for ENQ and PMO. The whole story over the last few years is far more interesting than watching fake TV
Hi Pelle, yes, well spotted, maybe Signal sold 1m shares to AB, either way i have confidence in AB. Good to see WTI reopen at $20 and i think the governments will come under pressure to reopen economy with social distancing sooner than planned. J
yes this is definitely a conflict of interest, closing that short all at once would see a massive demand for shares
Dear Saudis, please send your cheap oil to china while we (the rest of world) sort out our own energy supplies. You and China should make good friends for each other what with your human/animal rights record. Byebye..
from Enquest website the Bseisu consolidated interests are 178,127,658 (10.5% of company), value comes to about £14 million quid based on share price of 8 pence ??
Have just bought £1000 worth of ENQ to add to the pile, will just wait this out now as no more funds, looking forward to good times, be kind...
next week will be much better after a restful weekend and a complete short ban for 30 days
I feel strangely good about OPEC meeting, good about UK elections and good about Enquest... this is the classic accumulation phase. Notice how AB has accumulated by just sitting on the bid. Notice how WINS are happy to soak up any ordinary sells that dip below. Chart has created a stable price at this level. Previous upward movement didn’t even require news here. Good night...
Tanks that hold the whole structure together!? ha ha ha
John Maynard Keynes said, “The market can stay irrational longer than you can stay solvent.”
WEny, Hopefully that chart answers a lot of questions moving forward thanks for sharing. Holding for 40p+
Beer, well said - i believe in your summary and was about to post something similar. Enquest showing strength and resilience in the face of adversity, which bodes very well for the good times (soon). Cheers...
Hi Pelle they said that with hedging even if the spot price is $80 they can’t just take that on the forward price as each month moves away from top price?? but i agree should have been smarter. maybe its just because Amjad is focused on a a real world oil model and a medium timescale rather than get rich quick decisions. what happened with the job that was available relating to hedging (that would have been a good question to ask - but as it was my first AGM i just listened!)