Come and hear Shaun Day from Greatland Gold #GGP, Cathal Friel and Jeremy Skillington from Poolbeg Pharma #POLB, George Bennett from Rainbow Rare Earths #RBW and Helium One CEO David Minchin #HE1 present next Tues. Register here.
So true soder. The ESG investors are doing more harm than good and not helping with investment to transit over to a greener future. Bottom line gas and oil are needed for a good while. PS I would love an electric car, but the decent ones so expensive than their petrol versions they don't make it an easy choice for transistion
I really want green technology to work etc. However ist not sustainable. For green technology eg building eV, wind turbines, solar panels, etc we need to extract rare earth metals which itself requires lot of energy to separate the different elements out from the ores, and then these although recyclable are not infinite, and extracting these also disturbs natural environments. People just need to change there ways, less meat, cycle more, stop buying cheap cloths from primark that last a year, etc you get my drift. The only way to solve worlds problems is if there is proper pandemic/war/meteorite that kills off 50% world population.
Miles I knew what you meant, one of my colleagues back in the day use to love using the word delta all the time, even when we were doing nothing related to hedging so it made me chuckle lol remembering the good old days.
Ha nice one Miles. Haven't heard the word delta for ages. Maybe we should buy some options on Hbr shares and do some delta hedging lol. At least I hope hbr themselves are delta hedged on their oil derivatives.
Just a theory, but if the yield on the bond is lower than previous bond, then I guess weighted average cost of capital also goes down, improving the present value of the enterprise and in turn the share price.
Dbno, sk - isn't this loan just refinancing another loan, so net position is zilch - why is it bad news? Am I missing something? Today's news was equivalent of no news, with some minor secondary effect due to difference in timing and coupon rate.