Member Info for Terraplane

there are two divs coming -
Interim of 13.20c, ex-div 9 June, pay 28 June
Final of 6.60c, ex-div 16 June, pay 4 July

Your argument is built on the premis that the oil recovered, refined and sold by BP is fundamentally owned by the Crown, and therefore, us. Your argument is therefore nonsense.
Ask yourself this: where does BP get the oil from and who owns the land from which it is extracted?
Look at the map of their operating oil fields and you will see that the majority of the oil comes from outside the UK, as does almost all the gas.
So, following your ill-informed logic, BP should only be forced to cough up a windfall tax on the profits it made from the oil and gas owned (actually we don't own it, but that's another story) by the UK citizenry.
Or perhaps a better response by BP would be to relocate to the US where windfall taxes are not a thing.

BP does not set the price of oil, nor the price of petrol. If the market price of oil increases, that is the market making money from selling it at higher prices due to many factors. The fact that BP then ends up with more money for its product is simply due to market forces, not some kind of act of God. To describe BP's additional profits as a windfall is nonsense. Are we saying that companies can only make a certain profit and anything beyond that is subject to a windfall tax? No, this is nonsense. It is an idea dreamed up by lazy socialists who love to spend other people's money for them.

"Citing unnamed sources from Zelenskyy's "inner circle" and advisory team, Pravda reported that..."
Must be true then.

Got mine in HL on 3 May.

Putting hydrogen into the natural gas supply is an effective part of the solution but the hydrgen still has to be manufactured. Yes,hydrogen is used in many manufacturing processes but this is a different prospect to that of using hydrogen as a means of replacing, or even augmenting, petrol and battery powered vehicles.
The fact that BP is investing in hydrogen is a very positive prospect, they have the research facilities and the money required to invest in what is to all intents a new source of energy, but there are years before hydrogen is a viable source of income on a large scale. It's a not as if there's a shortage of hydrogen, it's just that, like oil, it has to be extracted and refined.

To answer your question, hydrogen gas is very difficult to store because it has to be compressed or cryogenically cooled into the liquid state. Both of these solutions have major drawbacks for mass deployment. First, hydrogen is collected by electrolysis from water, this costs money because it takes a lot of electricity to split the hydrogen from the oxygen. The hydrogen must then be stored in pressurised tanks, as a gas, or cooled to the liquid state, both of which are costly in terms of energy consumption and storage facilities. You can't store hydrogen in gasholders like the ones used for natural gas. Pumping hydrogen through existing pipleines is impossible because hydrogen will make the pipes brittle and thus prone to leakage. The final issue is that hydrogen is the most flammable of all the gases and in compressed and cooled states it is extremely explosive. So no, hydrogen cannot be stored easily in it's natural state. That's why nature invented water.

No, you didn't misunderstand it. As with so many ideas, it was fundamentally based on guesswork and, as you correctly surmise, it has failed by quite a large margin.
We have been done.

Yes, if you don't want to lose the fraction.

Fractional entitlements
"The Share Consolidation will replace every seven Existing Ordinary Shares with six New Ordinary
Shares. If an individual shareholding is not exactly divisible by seven, the Ordinary Shareholder in
question will be left with a fractional entitlement.
Fractional entitlements arising from the Share Consolidation will not be allocated to Ordinary
Shareholders but will instead be aggregated and sold in the market. The net proceeds of the sale, after
the deduction of any expenses and/or commission associated with such sale (including any VAT
payable on the proceeds of sale), will be paid in due proportion to the relevant Ordinary Shareholders,
save that where any one Ordinary Shareholder’s entitlement is £5.00 or less, such Ordinary
Shareholder’s entitlement will be donated to the British Red Cross in support of the Ukrainian relief
effort."
So, if your leftover fraction is worth less than £5 (after deductions etc) you get nothing but the warm glow of having made a compulsory donation to something which you may, or may not, support.

Full document here:
https://www.tateandlyle.com/sites/default/files/2022-04/geminishare-consolidationcircularfinal.pdf

Fleccy, in case you're interested.
The BTPS increases for 2022/23 will be:
Section A & B - 3.1%
Section C - 5%

A & B is based on CPI from september 2020 to september 2021
C is based on RPI from december 2020 to december 2021

Another expert...

You're making the same assumptions as BT, that every landline user will have access to broadband or a mobile service. This is very far from being a fact. Just because the tech exists doesn't mean everyone can, or indeed will, use it.
I know what's going on because I still have contacts in BT voice networks and they have been trying to tell the likes of Marc Allera that killing pstn in 2025 is not a done deal, but he knows best because he's got a degree in business studies.
There are, and have been for some time, a lot of assumptions made about many things by many people who simply don't understand how things work and how they don't. The grand plan needs a bit of a rethink from the ground up before it gets embarrassing for BT. There is no way pstn can be killed until every customer - and that includes non-BT ones - is guaranteed a working connection, whether by VOIP or mobile or pstn at no additional cost to themselves. The road to pstn shutdown is not a line on a graph in a powerpoint presentation.

There are other underlying reasons why BT are pulling back from a big bang approach.
The shutdown of the Sys X and Axe 10 processors being one of them.
The "written in stone" 2025 closure of the voice network seems to be more like written in polyfilla.
And UPS for every home?
Yeah, right.Great planning as usual from the idiots who know nothing about the technology.

Gary,
With all due respect, half a divi is what we are getting not a half-decent one and it is certainly not a reward. If you think that the divi is some kind of reward then you are just the kind of person that Looney is looking for. I invest in BP to get a return on my money from divis and hopefully future growth. Neither of which is being delivered. BP is making huge amounts of money every single day, never mind overnight, so much money that they don't know what to do with it all. Looney is not a businessman, he is an oily engineer that got lucky and now he's being exposed for his shortcomings. Green energy projects are all very well but they ain't going to bring home the bacon for decades, if ever. We've had buybacks that have achieved zero growth to the SP, we've had huge profits from the POO which has delivered zero growth, we've had all kinds of greeny nonsense from Looney that has done nothing to increase shareholder value.
Unless and until the Looney increases the divi the SP ain't going anywhere.

I am a holder of Evraz ( a fairly small holding so not a disaster) and I am not bitter. The risks were known, you take the risk or you pass. However, over the past week or so there have been thousands of hopeless, uninformed greed-merchants who thought they were making a killing on Evraz...and then the roof fell in. Now they're ****ed and it's their own greed that drove them to it. Pity? No.
BP, on the other hand...now there's a cause for concern. Money is flooding into the company and yet Looney still acts like he's doing us a favour. In my view his hubristic vitue signalling is not going to increase shareholder (the owners) value in the medium term. The outrageous decision to dump £20 billion of our company without reference to the shareholders is akin to robbing us. The share buyback has delivered zero SP growth but has filled the capacious pockets of those who handled the deals at our expense. Looney should have stayed on the drilling rigs where he belongs. He is no businessman.

Always on the cards, given the more than unusual circumstances.
The divi hunters will be howling but it's the right call.
When the war is over the cash will flow back to us.

The charge for the divi has begun, yeehaa!
Ain't gonna see sub-100 again today.
Tomorrow, up early for the bargains....

However, we live in uncertain times and anything can happen before the closing bell tolls...

Not today.
As predicted a lot of auto sells triggered at 100.
Last chance for the divi bonanza (if it still holds) at low prices!

I should have said buy some shares after March 9th - no dividend.
Ex dividend day is March 10th