||EPS - Basic
||Market Cap (m)
|Oil & Gas Producers
Premier Oil Share Discussion Threads
Showing 28251 to 28272 of 28275 messages
|A sword would be a tooth pick for FL TD|
|I just hope Durrant does the right thing and falls on his sword problem is he will try and eat it.|
|Tell ya what... phone super Liz up at PMO and ask her what is fat tony doing about the constant share price manipulation that has gone on for the last 6 weeks; lets just see what Liz has to say about that?|
|There will be agreement. They have no alternative in my view|
|Beg. Voted up. It makes me nervous too, but we have to trust what we have been told. Wouldn't surprise me that some bondholders aren't allowed to lock up due to their charters.Also worst case, delays, pay off the bondholders and exclude them from the refinancing or offer them slightly improved terms such as interest in cash, a 1% sweetener etc.|
|Re the response from Elizabeth
'That said, we and/or Moelis have received sufficient verbal assurances from the remaining holders – many convertible bondholders are unable to enter lock up agreements under the terms of their charter – such that we fully expect the amended terms to be passed at a General Meeting.'
That sounds like the usual tosh from PMO - in other words 75% have not signed up.
'verbal assurances' are worth absolutely Jack. If I was intending to derail the whole process and short the living bejeezus out of PMO I would tell them that yes, I do intend to accept the terms but, er, can't just at the moment due to, er, the terms of my charter [Never heard of a charter stating that people CANNOT confirm agreement to amended terms!] the suggestion being that they can't agree to amended terms yet but can at a general meeting by raising their hands?! come on! Get real.
Unfortunately, TD wants to believe this as the alternative is too ugly to consider so he has chosen to swallow that tosh and guess what - the share price is being shorted once again [POO up about a dollar while the share price has not risen at all and is being pushed down into the close once again, ENQ is back up - PMO is down so it isn't POO causing this].
Shareholders are being shafted by TD not closing this down. No date set for a meeting? why not? he knows he has to have one if the Elizabeth e-mail is to be believed.
The financing deal, in my opinion, is in more jeopardy right now than it has been so far. TD doesn't want to acknowledge that but it is why the share price is being battered again.
Why has he not stated a date for the meeting if he knows it needs to happen? Why are shareholders having to ask about the 75% lock in? why is the company not providing this info?
This post may be considered by some as a deramp - it is not an intentional one but my genuine interpretation of what is going on at present.|
|Well the AT trades and SETS book are telling us summats up. Endless downside pressure just as oil price is gaining
Bloody scandalous that a relatively small % of debtholders can delay and potentially scupper a huge refinancing such as this
Or maybe thats just it....they know they have us over a barrel?|
|Franky franky franky lmao........... just my point,
NOOOOOOOOOOOOOOOOOOOOO she don't lol..... best answer will be.. within a few weeks .... Historically lol.
And that turns into months|
|Received end of last week no indication of dates.|
|All she ever does is fob people off, and very professional she is; hence the big fat cat pay cheque.
PMO need a good clean out from top to bottom, get rid of all the lazy dead wood; in PMO's case its a jungle.
Lazy, good for nothing, clueless directors.
The market hates em, hence the appalling share price performance.|
|Hi Bakedbean57, thanks for sharing. When was this received from Elizabeth and has she indicated when a meeting may take place. Thanks|
|Unfair always find very helpful.|
|They will be all sat around an there big fat asses, doing nothing but drink tea and eating crumpets.
Historically directors operate like a snail race whilst the share price crashes and Tony and his mates short and make mega dosh.
|What does she know about football, she is as useless as Fat Tony, She would be better at home making brown bread and ginger bread men.
Another useless freeloader employee with her nose deep in the trough!|
|Happy if email address provided to send on thread.|
|The last update we gave to the market was that over 50% of the convertible bondholders had entered into lock up agreements. Since then more convertible bondholders have locked up but we are not yet over the 75% threshold such that the amended terms to the convertible bonds could be implemented via a written resolution rather than by a vote at a General Meeting of convertible bondholders. That said, we and/or Moelis have received sufficient verbal assurances from the remaining holders many convertible bondholders are unable to enter lock up agreements under the terms of their charter such that we fully expect the amended terms to be passed at a General Meeting. I hope this helps Kind regardsElizabeth|
|Also pmo said that they will finalise the whole process by end of may so wasn't expecting lightning post vwap|
|Baked bean. How do you know that? It could be the case that it simply takes time to lobby further bondholders to lock in before they will risk a meeting. Esp if some are closing their shorts post vwap.|
|Looks like PMO have Not managed to get the 75% of CBH so needs to go to general meeting for approval.|
|Once again we are totally under the control of DMA players who have been constantly pushing this lower despite the oil price recovering nicely today
Yet again, Durrant has left us in limbo, and the shorters probably think they still have a window until end-May until anything meaningful gets sorted.|
|Quite a lot if it's spotting the difference in spelling from PPG to PMO...|