Member Info for theshipscook1

Gas prices fall to some ridiculously low level and oil stays high...WFT remains on gas producers. = Gas producers going bust

In case people havent clicked the link...putting in a Windfall tax floor. Bit late

Not sure it will make much difference. Hasn't changed how AA views Dutch assets.

Some big buys popping up. Leaky? AA got his Norwegian cheque book and pen ready ?

Most likely. Chart looking perky here. A bit of volume and this may be a pleasant end to the week.

AA going to snipe for them, or has he ditched North Sea assets purchases forever?

Looks like someone else 'topped' up over the last 2 sessions. Chunky buying. Ready for AA to turn this around

There is some good, lots of bad (mostly c r ap py taxes) and things to look forward to. At least everything is known now and onwards from here. Absolute mess the Government have made here. Put the UK in a very vulnerable position this winter if it turns cold

Simply put, if Bendriach is ploppy, and another issue happens at q10a, i think we will sink sub 2. He can literally arrest the situation now...this minute. Really needs to get his plan C or whatever deployed fast.

Although at this price, AA is making a mistake if he doesn't buy the bonds and buyback stock. I would question his decision if he sits on cash in hope of another deal. He needs to put the brakes on CURRENT share price and then look at other assets.

I cant see buybacks happening yet. I hope I have missed something though.

I would say no. They have been steadily buying bonds back recently, and from what I understand, this last transaction was to buy the remaining bonds. No RNS has been issued on any other purchase

I assume so. Utter carnage really. Not even sure AA can navigate out of this at the moment, and not of his making either.

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.