Diversified Energy Share Discussion Threads

[bluemango] 23/1/2024 17:50

Current 12.27 on NYSE is 969p equivalent.

[topazfrenzy] 23/1/2024 17:47

The UK market is a POS

[justiceforthemany] 23/1/2024 17:45

Seen it many times over many years. Why does placing a short position on the LSE place a heavy clamp on the share price? That's not how short selling is supposed to work. Only in the UK.

[drradcliffe] 23/1/2024 17:40

I wonder if DEC are thinking about cancelling their LSE listing? It must be tempting.

[gonsan] 23/1/2024 17:39

But the whole point of the company is to be a cow to be milked in dividends...

[nigelpm] 23/1/2024 17:39

It's an opinion that may or may not turn out to be correct. If the dividend gets paid and following ones also you can take comfort from the fact that the shorters will drive the share price back up and lose a load of money for being wrong.

[topazfrenzy] 23/1/2024 17:37

Up 16% from the lows in NY

Margin calls about to obliterate the late shorts

[justiceforthemany] 23/1/2024 17:36

The company is currently paying out c.35% of its market cap in dividends. Suspending the dividend saves the company a huge $175M or so annually.
The short attack and the share price reaction is implying DEC is short of capital and is going bust - well see above.

[spawny100] 23/1/2024 17:36

Looks like those young snowflakes might be going to have an expensive lesson....

[bountyhunter] 23/1/2024 17:30

and that is only 'potentially' bad news, the company has stated clearly that they are unaware of any justification for the share price fall. Expect another nonsense article from the shorters tomorrow, it's getting a bit pathetic, the FSA should really get a grip and these kind of shenanigans. No wonder that the London market is becoming such a bad place to list!

[nigelpm] 23/1/2024 17:27

It's not mate - they are just offering their opinion. Simple stuff.

[topazfrenzy] 23/1/2024 17:27

Getting close to £9.75 equivalent in NY it won't stop surging lol

[alanpro1] 23/1/2024 17:27

I sense a bear trap. Terrific volume in the US who have shrugged off the amateurs short selling story. At the current share price a huge amount of bad news is already priced in.

[topazfrenzy] 23/1/2024 17:21

Margin call incoming for the twins in next 24 hours haha

[nigelpm] 23/1/2024 17:14

Usual trick of going up 10% after london closes - ;-)

[bountyhunter] 23/1/2024 17:12

The usual rise in New York starting on the bell as the LSE closes!
Manipulation or what!

[hericsaba] 23/1/2024 17:04

Of course, it is! Thanks for the downvote :)

[topazfrenzy] 23/1/2024 17:01

Well it's jumping back up in NY lol

[the millipede] 23/1/2024 16:57

Gonsan, Yes, for what it’s worth, I think your reply is fair and to the point.

[ticketiboo] 23/1/2024 16:53

That 3 x an rns will come out with no explanation and 30% reduction in share price Time for Randy to go.

[cassini] 23/1/2024 16:51

Dividend is now over 30% so a reduction is hardly difficult to predict ...

This does not necessarily follow.

What is the cover on the dividend?

[whites123] 23/1/2024 16:48

topazfrenzy23 Jan '24 - 16:25 - 449 of 450
0 0 1
I'm hoping for a lower entry anyway so don't really care

Topaz, Whats the difference between saying that and saying:

"This is going lower"

[whites123] 23/1/2024 16:46

topazfrenzy23 Jan '24 - 16:25 - 449 of 450
0 0 1
I'm hoping for a lower entry anyway so don't really care

Topaz, thats exactly the same as saying:

"This is going lower"