RE: Reflecting bsck on Friday afternoon trading14 Jul 2019 10:04
Temuchin, To fly in the EU an airline must be "majority owned" in EU. Else Fosun would have just taken over the whole company and hence split between tour and airline (in which the banks, based in EU) will have a majority stake. As others have stated the shares are essentially worthless. That the deal was announced on a Friday stinks. Over the w/e the vultures will be deciding which small, tiny, bones they will throw to shareholders. I think there is a good chance of 0700 RNS announcing suspension of trading and I would have closed my downbet on Friday had I not been busy in the garden and with the builders until after the market closed.
Pboo, I assume that you are probably in or have been in the industry. You write:
"... and gas burnt, hence the 1 to 2 tankers per day."
Is the Kim, at least in the Weald, a source of gas to wire with a tanker or two to Fawley? Not trying to trip you up but that is exactly my conclusion.
I have this view of a dome, gas on top, then oil then water, and there was a Schlomberger , somewhat simplistic, video about multiple wells to define delineation of dome (I will look later but supper is served).
Where is the gas in multiply fractured resources? Dissolved at top of cracks?
Argus, "I was lucky enough to have bought at between 0.35p and 0.42p". Clearly far better at this malarkey than I, so where is the next good buying point? I ask because I do need to close my pesky downbets and have been told, many tines, that I could do with some professional advice.
It is the Strait of Hormuz. Heritage would have been loaded with over 1m barrels, so about x20 total output to date from HH. Does the return trip in ?6weeks (assuming 10 knts economic cruising speed). And your point was?
If Seadoc were to make a gain on a spreadbet it would be treated by HMRC just the same as a bet on the Grand National. It would not need to be declared and would not be taxable, either as income or capital gains.
GEUK, It was a trade, nothing more, nothing less. It could have been a transfer from ISA to SIPP or vica versa, could have been between MMs. It was a trade. Helpfully LSE make it blue or red on basis of price of NMS. Well I can guess, 20 mins later, whether it was a buy or sell, or not. You could do a dummy trade and if you hold can do too. That will tell you but many trades can be announced 4hrs, a day and (professionals help me out even later). If you are on first name terms with your broker (wave to Charlie) you can gat a hint.
Ian, (or whoever you are) The underlying problem is the Kim, that of 100bn barrels oil. There are hydrocarbons there, my party trick was to light the dirt in the kimmeridge cliffs. The sp is/was predicated on it flowing. It gushed. There is something we are not being told. I have guessed it is gas, just a guess. There must be a problem, why delay HH1z (fully funded) and drill further with HH2?
I maintain my downbet (but anyone who has me filtered knows that). There is £60m in PI's ISA and pension accounts being squandered to benefit a shoe collection. Visit over, probably more filters.
Stoater, Thank you for your concern. No I held my position and rolled over the June bet to Dec. At that time there was no "borrow" available. Today it looks like I could open in the Mar series. That might suggest some see this as a bottom. FWIW, I am still looking mid 30s before I close. As for Trump.....