Mike Ralston, CEO of Blencowe Resources, explains the significance of the MSP for Orom-Cross. Watch the interview here.
What’s funny all the talk about the CB wanting the sp lower etc is actually so far from the truth when in fact the terms of the CB reward the
Bond holder handsomely I believe the number is roughly 67p (I can’t remember if that’s with the discount 75p-10%) but anything above the get to keep so if the share price was £1.00 the payment would be in shares at 67p (roughly) so an extra 50% profit so it’s ideally for the bond holder to see the sp rise as apposed to a fall and having to sell more shares in the market.
HIROSHIMA, Japan, Oct 6 (Reuters) - Japan has agreed on Sunday to study cooperating with South Korea and Italy on procurement of liquefied natural gas (LNG) as the world's second-biggest LNG importer after China seeks greater flexibility while strengthening its energy security.
JERA, Japan's biggest utility company, and South Korea's Korea Gas Corp (KOGAS) (036460.KS), opens new tab, also a major LNG buyer, are collaborating on opportunities for joint procurement, cargo swaps and other forms of cooperation, Japan's Ministry of Economy, Trade and Industry (METI) said in a statement on Sunday.
(From Slimfatbloke on the discord)
https://www.reuters.com/business/energy/japan-expands-lng-flexibility-via-cooperation-with-skorea-italy-2024-10-06/#:~:text=Japan%20has%20agreed%20on%20Sunday%20to%20study%20cooperating%20with%20South
SeaHawk
RE: Today’s the dayToday 14:49
They won't allow a rise in the 6% area, watch this fall back to the 1.5% mark by end of play.
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Looks like you have called that wrong Seahawk !!
Constant 25,000 multiple buyer, sometimes you don't notice all the different trades but below I have highlighted to show the trades this morning constant someone is buying in decent volumes trying not to attract attention.
Keep any eye out for the numbers ! (I may have missed one or two... but below covers pretty much all of this mornings.
09:36:15 16.144 50,000 8,072 O
09:08:27 16.20 8,135 1,318 A
09:08:27 16.20 16,865 2,732 A (these two total 25,000)
09:08:27 16.20 25,000 4,050 A
09:08:27 16.20 25,000 4,050 A
09:08:27 16.20 25,000 4,050 A
08:55:13 16.20 5,393 873.67 A(these 3 total 25,000)
08:55:13 16.20 19,319 3,130 A
08:55:13 16.20 288 46.66 A
09:03:22 16.20 150,000 24.30k O
08:55:13 16.20 25,000 4,050 A
08:55:13 16.20 25,000 4,050 A
08:54:39 16.20 24,830 Buy* (total 25,000)
08:54:39 16.20 170 Buy*
08:54:16 16.20 25,000 Buy*
08:54:04 16.20 6,941 (total 25,000)
08:53:51 16.20 18,059
08:51:28 16.20 25,000
08:48:25 16.20 25,000
08:46:53 16.20 9,293 (total 25,000)
08:46:53 16.20 13,207
08:46:53 16.20 2,500
08:46:18 16.20 2,500 (total 25,000)
08:46:18 16.20 7,500
08:46:18 16.20 15,000
008:44:39 16.20 1,361 (total 25,000)
08:44:37 16.20 12,799
08:44:37 16.20 2,900
08:44:37 16.20 7,940
08:43:51 16.20 16,000 (total 25,000)
08:43:51 16.20 9,000
08:37:07 16.20 20,700 (total 25,000)
08:37:07 16.20 4,300
08:36:41 16.20 25,000
08:34:48 16.20 16,666 (total 25,000)
08:34:48 16.20 8,334
08:29:46 16.20 10,000 (total 25,000)
08:29:46 16.20 7,500
08:29:46 16.20 7,500
08:26:29 16.30 25,000
08:13:41 16.30 25,000
08:13:36 16.30 25,000
08:13:15 16.3264 50,000
I suspect they have just moved it from one mangrove to another for some sort of company structure change or to back the profits made and create to new short…. That’s my guess anyway. I suspect we’ll see the master fund short reduce tomorrow/friday
Https://www.fca.org.uk/publication/data/short-positions-daily-update.xlsx
They have to report the days previous transactions (if they have) by 3:30pm the following day and this normally shows up on the system an hour or two later so by about 5:30pm we should know if they did and of course if they follow the rules.
Stas
"Sirmark I don't get that at all, if you want to close a short you have to buy stock, explain how a sell or multiple sells exits a short, seriously interested."
They are closing the short by buying the stock Capital Heights the bond holder are selling that they was just awarded.
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