Member Info for TerryM1

MrG123

Probably a leak or perhaps just crap UK market.

Just sold some shares at £13.016, tiny profit from yesterdays buy and some I bought when price crashed, may be a mistake but this company is becoming predictably unpredictable, if that makes sense or perhaps a known unknown.

Great, more dilution, looks like Trusty Rusty rides again, reducing debt so this it can then be increased for next acquisition, he will not stop. Dread to think what price we will get for these new shares and the effect on SP.

So up to 8,500,000 + 850,00 new shares only offered in the US, 9,350,000 with a $1.16 dividend per year, $10,846,000 coming out of income.

And do us shareholders get a vote on this, of course not, Rusty just does whatever he likes with total disregard to shareholder value.

£14, barely above £13.

US price at close $16.73 UK equivalent £13.28, LSE is a joke, no wonder GLEN and a number of other considering leaving LSE. We have to wait for NY to open to tell LSE what to do.

Should have said remove the "-"s in the part after www. before next /

Https://www.d-i-r-e-c-t-o-r-s-t-a-l-k-interviews.com/diversified-energy-s-transformational-growth-bigger-better-stronger-tennyson-securities/4121186732

As usual remove the "-"s

Https://www.nasdaq.com/articles/brokers-suggest-investing-diversified-energy-company-plc-dec-read-placing-bet

"A 14-15% drop in sp was harsh at 123p."

This is true but is about confidence and the market is not confident on how this company is being run so a small setback has a large effect on the SP and expecting more problems given the track record.

"Spilt milk now I know but still very annoying."

Unfortunately more than annoying, we are suffering from one of the worst decisions from a BOD.

Ge0rge123

Not just PNN going down SVT down as well.

"Ffs, when will this outfit diversify. They seem to have developed blind faith"

They have certainly developed blind faith in UK O&G as other companies pulling out.

They also seem to be very accident prone, not a good time to cut production when possible peace deal and Russian O&G could start entering western markets again.

In IWEB but can't trade but IWEB always slow, can trade the old shares.

Bit strange there are 2 positions, one for the old shares and one for the RI shares, would have expected these to be amalgamated into a single position, expect this will happen soon when should be able to trade them all.

Bought a small amount this morning in the hope US pulls SP back up.

Think this is for Trek but will answer as I sold some as UK price was above US price by a small amount, US not opened today so as UK market fragile and nothing to prop it up until tomorrow afternoon was expecting this to drop. In the lager picture sooner or latter one of the companies who got shares as part of the aqucitsions will probably dump more of these on the market and there is some uncertainty about gas prices if peace deal but this not affecting my other O&G much, in fact ENOG up

The way it is dropping will hold back topping up, not sure it will get to 40p but possible.

Managed to get out of my trade early this morning at a very small profit (more to prevent loss) as £ rising against the $ and NY closed today so think LSE will drift lower which it already has. May get back in latter today or tomorrow morning if SP drifts too much. IMO SP range bound for a time unless some news comes along.

Don.t think the BOD will have much say in this unless offer substantially increased (which I doubt without another bidder stepping up), when they will have little choice, expect next move is a hostile bid at a guess 50p, who knows.

As it started tending down decided to wait to see where it goes, suspect we will see a increased offer of 50p in a few weeks, need a another bidder to get this moving going to be interesting few weeks/months.

Watching SP this morning as looking to top up below 45p lowest I could get was 45.2p, now 45.44p.

Sorry

full prospects

should be

full prospectus

I blame my spill chequer

The RI will not change the price much now, it is all over, if you took up the rights and want to sell some you can sell from your old shares, if you wanted to sell all you would have sold the rights or let them lapse. Everything is already factored into the SP, anything that changes the SP will be other news or normal market movement, below £4 really, if you think that short the share and if you are right you will make a fortune.

slackermark

Good description, useful for those who do not know how new funding works, before high interest rates would stag a number of the placing buying the shares via Primary Bid, unfortunately due to lack of new placing Primary Bid quit this but do have the occasional offer however you must already have shares in the company and be with a broker that works with Primary Bid, II, HL and A J Bell do IWEB does not. It is a pity that small investors miss out on placings, this is due to FCA rules not allowing offers to be open to everyone without a full prospects that meets FCA rules (cost companies a lot of money to produce), this means according to the FCA I do not know enough to buy shares at a discount to the market without costs which includes stamp duty but I do know enough to buy them at a higher price in the market + trading costs, stamp duty etc, and this is for my protection, you can't make this up. Another great FCA rules stops me moving shares from a trading account to ISA with single broker fee, a service that some brokers provide) if there is a KIDD as I can't get to tick the box so I get charged 2 sets of trading fees another great protection for retail investors from the FCA.

For me OFWAT or government interference are the greatest risks for this share especially if government get more desperate and bash water companies to try and gain public approval to help counteract their crashing pole ratings. Unfortunately no other party will come and defend the water companies so easy target.