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FCA are culpable when it comes to the dilution of PMOs shares. I don't blame PMO as the company has been hacked into a corner by parasites.
Hopefully the rebalancing of oil inventories will be quicker than expected. The world must carry on turning.
And when a small dividend is paid, who knows what the share price can be. Then there is the fact of more shares.
They won t let
Never mind mind
I P A another good drink
IPA I P!!! Artist
Thank goodness that my whisky isn't shorted, or my beer for that matter by ARCM.
Value has been stolen from the share by these crooks.
My opinion only, my strong opinion only
Ignorance isn't bliss its being cheated
I am hopeful that the oil price will balance off to a sensible level.
I also believe that with the hedges PMO are making money at the moment.
I am also hopeful that Trump will be consigned to the bin later this year.
Will shale be propped to the same extent after the election. A less abrasive USA would help world trade. I also hope for a friendly BREXIT.
Also with the pandemic lenders should be more helpful in their business dealings. So PMOs lenders also.
I live in hope
With the price of oil on an upward trend and lockdown easing, PMO should be making money this year/by the end of September. In which case would there be a need for a RI? A new full year forecast would be interesting.
Maybe they were afraid because Honk Kong was looked after by US A. They are not now. The front page of the ARCM website looks suspicious to me. They invest in distressed assets and so want to benefit from the misery of others.
If they are frauds maybe it's the police that should be involved. Dishwasher is stronger than the FCA.
For what it is worth I am against the whole history of ARCMs dealings with PMO.
As with the previous dilution (which was claimed not to be a dilution) it occurred after a share price fall which favoured the institutional lenders. Part of the weakness in the share price being due to ARCM shorting PMO in an underhanded manner.
I applaud the deal struck with BP as it strengthens PMO.
Investors are looking at the future potential versus the current price. RI does eat into the future rise. PMO is at a false low price due to the pandemic and the ARCM short. It's not just the stabilising of PMO that is my concern though important. ARCM have benefited from criminal fraud to my mind.
My opinion only
Secretive institutionalised shorting to anything like the ARCM level is cancerous. It's the system looking after its own.
Well Well is oil getting well
ARCM are now in China from the USA position. This can't help them.
I am only a layperson. However to keep the initial price down I would consider throwing into the mix a royalty type idea. If PMO paid BP a small amount per barrel instead of payment/part payment that could take some of the pressure off.
Strongly agree. It is a disgrace.
Annual Results due 5 March 2020 and so before the hearing.
Apols for the typos.
ARCM directors are criminals in my book.
It's a no brainer
ARCM are vultures hoping to illegally attack a dead body. Premier Oil have now turned and shown teeth and is now a company side awake. ARCM are no birds of prey and haven't a prayer.
Employing Rothschilds was a masterstroke.
It's the same debt against a more assets and quicker access to the north sea tax offset. Less Risk.
Not completely comfortable with the PI watering down
Let's get the party started
ARCM The Herald Angels Sing
It's time for all of you to spin
US & China trade deal signed.
No small news
ARCM may see they have nothing to lose by going to court.
Ignored the law when it suited them
After taking a massive position against PMO, are now going to claim that they have PMOs best interests at heart!