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A bond holder was aware that the bond could be bought back from the 12th and as far as I know were anticipating this. Nothing has happened, and results are delayed. Could infer from this many things, but there is a reason why the bond hasn't been bought, as if it was they could have announced a share buyback and/or dividend this week when results are out, now they cannot. That is what I am deducing.
Bit leaky then.....
As...no share buyback without the bond being bought, and no need for a dividend without either imo. Logic does say another deal is imminent.
Also I read that a previous decision to buy the last of the bonds back wasnt not followed up last week, so that in itself is curious. Possibly a need for some actual cash for a deal.
Getting to a peak sell area. Anyone who was going to sell, will have sold by now or soon. It may be healthy.
I think it's pre everything tax. We are still waiting on end of year results, which is partly delayed to some 'legal' details around Dutch taxes.
We are getting close to peak capitulation. Can't help but hope that the relentless selling will dry up soon.
But we dont want a dry hole.
I think the drill timescale is correct if no gas, up to 174 days if a discovery. Also, I think that article is showing pretax profit before even windfall taxes are removed.
I think it's possible this will be a bit leaky news-wise and a rise will come in anticipation of drill results.
Huge.. Benriach could be a total game changer. Lots of potential gas. We will find out in a few weeks once the drill is complete.
No. You are correct.
Unfortunately not. Govt just went silent and basically conceded that they want to use UKs energy security as a political scoring point.
And zero chance for the Govt to put a floor price in after their wreck-less decision. That would look poor politically and cause uproar amongst the baying masses
Maybe we will find out what AA has planned soon. Results soon. Sits on cash = another deal. Buybacks and/or dividend = no imminent deal. (Maybe over simplifying a bit, as there could be a mix and match I suppose).
At the current gas prices there is no Dutch windfall tax. Price is below the threshold.
tomorrow I would imagine
well, some may want a deal.
Agree. Kistos is sat quietly making itself too easy a target at this price. AA's holding won't stop a bid lower than recent highs from having a fair chance
his arms.