Sad but true chilting. Eventually a High poo Will lift all boats including a turd like enquest. It is quite simply embarassing that ab doesnt realise the sp is a collection of his mistakes and shortcomings. Institutions give thecompany a wide Berth but at some Point even ab Will want a return on his investment. Definition of a narcissist And he didnt even answer Pelles questions properly
Overall I think that this is positive news for Enquest. If they can bleed the asset Kraken then that is good and accumulate 2P and 2C resources on the cheap and feed off scraps.
All part of AB's master plan. Crush the PIs but doing diddly to support the sp and wear out the institutions who have tired of his empty promises and then he will come in and scoop up the lot. Cunning plan
RE: No clue about the drop today for anyone20 Apr 2021 19:27
Well what i can see was that ab is by far and away the biggest shareholder and the institutions have retreated - why? Because they dont believe in him as CEO
RE: No clue about the drop today for anyone20 Apr 2021 18:31
Yes of course it has nothing to do with AB. An individual day I can buy that but we are down 40% from highs and this is because AB has done nothing to provide clarity around funding of the GE acquisition nor refinancing of the SFA. Pure and simple. It is not in AB's interests to create value for shareholders. Period.
Enquest could step up and provide clarity around the OO but AB doesn't want to. I wonder if the financing is secured or if that is still up in the air. Great work AB!!!
That's great news for AB. He wants to get rid of those other pests who may question what he is doing with own private company. I think AB has done a fantastic job screwing the PIs and creating his own nest egg. Cheers AB!
I vote that AB is hung, drawn and quartered on board the Enquest Producer that he has not managed to do diggly with for close to one year. What a screwed up CEO he is!
Yes I hope you a right. Once upon a time Brent at 80 meant Enquest at 80p at least however AB has ensured that that linkage has been well and truly removed. I think the ratio is closer to 4:1 so Brent at 80 means Enquest at 20p after ABs good work but we might get back to 22p if we are lucky :-)
Krak - wouldn't hold my breath. Enquest is AB's private plaything. He called it Enquest but in actual fact it could be called Amjad's private pension fund. He will be pretending otherwise until the day he doesn't need to pretend any longer lol
We just need AB to make an insane purchase of shares on behalf of his personal trust fund and whops we will be off to the races. C'mon AB - take the plunge and throw away some more money!
I read with glee that old swinney has not sold all of his options. Normally he shows his vote of confidence in the company buy selling the lot to cover tax and luxury consumption but this time he has retained more than half the shares. Good ol swinney! Dare one believe a vote of confidence in the share by the CFO?