Member Info for TerryM1

From FCA Website

Walleye Capital LLC CAPITA PLC GB00B23K0M20 0.51% 01/04/2024

Download spreadsheet from

https://www.fca.org.uk/publication/data/short-positions-daily-update.xlsx

Should be

Numerco 85.00/87.00 up 0.38

Spot is now reacting or perhaps being reported late

Numerco 85.00/87.00 up 85.88 up 0.38

YCA nicely up and Camero, Nexgen and other Uranium minors flying, don't no what is happening as spot not moved but something is afoot, perhaps it is the Kazakhstan Mineral Extraction Tax increase which is making Uranium mining in Kazakhstan more expensive so may lead to less volume produced.

Notrex

I think you will find the Oakbloke will put some figures together on this and state this time next year Rodney we'll be millionaires.

Jim800, TAZED

I am in agreement with you.

At present this company is not good for stable investment, Rusty repeating the same mistakes of buying more wells financed by diluting shareholder value, trashing dividends and more debt including some high priced long term fixed interest. At present this company is more of a gamble on what Rusty will do next, he is out of control as the well purchases become more frequent. There is a time to buy more wells but it is not now, the markets do not like this but Rusty is not listening, the BOD are doing a good impression of the 3 wise monkeys. For those who wonder why DEC is the second most shorted stock look no further than Rusty failed recent strategy and lies, insanity is doing the same thing over and over and expecting a different result. You would think he is on commission for every well he buys.

How long will BBs at this level take to BB all of these new shares, a very very long time and what is the point of BBs when you are issuing lots of new shares this strategy is an oxymoron.

The worst of this is the shareholders do not get a say/vote and are being lied to repeatedly, Rusty has become a pathological liar.

This Acquisition (no doubt leaked) is what has been holding the SP back, Rusty found another way to get cash for wells, diluting our shares but also doing the usual increasing debt. Rusty told us the dividend cut would be used to cut debt and for BBs, more lies. As I have stated many times he cannot resist buying more wells and wants to become the JR of Gas no matter what the cost shareholder value.

RNS states

“Accretive Acquisition of Contiguous Operating Position”

Please Rusty explain how this is more Accretive than BBs.

It is this type of behaviour that is empowering the shorts especially the lies.

Savage_KeyboardR

"Will the rise last"

May yes maybe no but chances are will rise from here, the trend is your friend. The only thing certain is you missed out on the rise while telling us we are wasting our money and it is going lower.

Https://finance.yahoo.com/news/questor-mining-giant-future-proofing-190000394.html

Oil Prices Rise As EIA Confirms Huge Crude Draw

https://oilprice.com/Energy/Crude-Oil/Oil-Prices-Rise-As-EIA-Confirms-Huge-Crude-Draw.html

Strong Fundamentals Suggest Oil Prices Will Continue to Climb

https://oilprice.com/Energy/Energy-General/Strong-Fundamentals-Suggest-Oil-Prices-Will-Continue-to-Climb.html

Should be

Someone needs to tell Rusty.

Https://oilprice.com/Energy/Energy-General/Why-US-Oil-and-Gas-Production-Is-Slowing-Down.html

It is mentioned a number times companies increasing shareholder returns, some needs to tell Rusty.

Yep no US cavalry today.

Can't find a definite reason for this except HH keeps falling, US labour market report for the month of June shows Nonfarm payrolls rose above expectations which means less chance of interest rate drop but Dow up a little so particular to DEC but may be because DEC has high debt so is more affected. However Gold spiked upwards which is a counter indicator for interest rates.

Kubrick

" I'm starting to think this who stock market thing is just an elaborate front that amounts to me vs some guy in a shed with a laptop! A massive and elaborate conspiracy to siphon away my money."

No that is the government, Conservatives or worse Labour.

This is a Motley Fool article and as such I would tend to ignore it as they have get more wrong than they do right, analysis is at a superficial level.

They also wrote about Energean which is on my list and they dislike as the current sell off concentrates more of it total assets in Israel and failed to mention the sale proceeds is around half the market cap but around one quarter of the total assets, massive debt reduction, reduction in decommissioning costs, special dividend and some proceeds needed for Morocco investment which dilutes the Israel assets as portion of total assets. All in all a very poor article missing out a lot of information, also mentions general concerns for O&G because of ESG, since the article to shares have risen.

Whatever triggered the shorts began around mid Dec 2023 as can be seen from the graph, that was the time of the duel listing and Democratic attack on leaking/unplugged wells but also around the time when DEC was probably starting negotiations to buy the wells from Oaktree.

Something was the spark which could well have started algorithms indicating DEC was right for shorting but given the size of these positions I really doubt this was done without serious human intervention.

If/when these shorts are off DECs back then the SP will no doubt sharply recover but HH is going down now and is around 2.4 so no help there at present. This leaves only good news on productions and profits but I believe these are more less know, a significant sale of wells at a good price to reduce the debt and increase the dividends (making holding shorts expensive) or a proper BB program but looks like DEC either do not have the cash or unwilling to commit the cash.

Perhaps we get lucky and reduction in interest rates pulls up the whole market including DEC and the shorts get out before being too badly burned. For now we are in a bit of a stalemate.

However as the price went down recently Blackrock increases position but also the shorts increase, in the Bull Bear fight my money is on Blackrock, as said they know what they are doing and have lots of fire power. Also Blackrock may well put pressure on DEC BOD to increase shareholder value, whatever their reason they did not buy the second most shorted stock without information on recovery or a plan to force it.

MrG123

But Trusty Rusty has bought more wells and that what counts in Rusty's eyes.

You you can also add lying repeatedly to shareholders.

Notrex

Thanks for the shorts info, did not realise you can still figure out some of the sub 0.5% shorts.

This probably means shorts are at 7.97% + others below 5%.

The layout is changed when I posted so now the columns do not match up, seems to removed multiple spaces, anyone know how to prevent this?

This is the change in positions from the last time I checked, only potions above 05% reported

Old Now Change

Adage Capital Management L.P. 0.66% 0.66% 0.00%

Arrowstreet Capital, Limited Partnership 0.64% 0.71% 0.07%

Bridgewater Associates LP 0.92% 0.92% 0.00%

JPMorgan Asset Management (UK) Ltd 1.70% 1.70% 0.00%

Millennium Capital (DIFC) Limited 0.56% 0.00% -0.56%

Millennium International Management LP 0.79% 0.79% 0.00%

Qube Research & Technologies Limited 0.58% 0.58% 0.00%

Voleon Capital Management LP 1.41% 1.41% 0.00%

Walleye Capital LLC 0.79% 0.79% 0.00%

Total 8.05% 7.56% 0.49%

As can be seen Millennium Capital (DIFC) Limited have dropped below 0.5%.

Notrex

Where did you get "Millennium Capital (DIFC) Limited - reduced by 0.15% to 0.41%" as I can only see positions above 0.5%?