Member Info for theshipscook1

RRE's production is 50% gas also

to be clear, it was evident macquarie were selling, hence the notitifcation. Apologies if you all know this, I have not been on there that much recently

https://www.youtube.com/watch?v=OYm_IgAg2fQ

I read that they had sold down already.

oil is not going to crash

me...March '09 in and out of this more than ...well, a thing that moves in and out

What sensible, fair and considered price do you all think RRE will re-open at? No wild estimates..

Some GKP boom cometh me thinks

Threw everything at it...even my precious.

Not precisely Hugely cash generative...yes. Cost of lifting very low. Huge upside in output. Cash $315m Mcap £485m In equal terms no debt 50% mcap in cash.

Dare i say it for fear of a lynch mob? GKP

Macquarie were in an awkward position. I am sure they thought, as with the rest of us that not taking part in the tender, would see a price rise commensurate with the market cap staying the same. They then could sell. What has effectively happened, is that they have been forced to sell upwards of a '20% loss'...which I doubt was what they anticipated, and thus crystalised the 'losses'. The paradox being that they had to sell, which kept the lid on the price, and if they hadn't they wouldn't have lost money. Quite why they didn't participate in the tender I have no idea. I am sure they were still nicely up, and will be anyway at some point. I looked through their funds last night, but only top 5 holdings are shown.

yep...and on a number of semi-pros radar then too (if not already). 740 took a bit of effort there

easy buy. 10 quid cometh

no one knows. It's weird.

Could someone be ready to go hostile here? Something isn't right with this price. Multiple entities buying stock staying under the radar then boom....andrew austin in a corner with his pants down

clearly we are all missing something. No idea what though.

No carnage, Bears dealt with, market positive today and hardly any trades here. Regal looking nice

Just gone on a rampaging bull charge

not sure...possibly. Mentions MOL a fair bit and Shaikan valuation.