I don't kmow. Does seem more like gamble territory than investing territory at the mo |
Just about everything is down in the US right now, my take is that this one's just got caught up in those falls, but value should see this recover strongly with a decent yield underpinned by hedging being renewed at higher gas prices |
The reason Trump is on about oil etc, is because he wants it dirt cheap
The whole process of MAGA, depends on cheap energy and containing inflation during it etc
no matter what you do in the US as president, most of your legacy is gauged at the fuel pumps |
I agree. Trump loves gas and oil. But thats a problem too
Drill baby drill - makes it cheaper, and renewables keep getting built |
Dont know the share of market for coal reduction since but i doubt oil and gas got it all surely
Anyway, SMR's next |
the other risk is derivatives counterparty risk. a systemic one. |
And Trump is really keen on promoting renewable energy isn't he?! Clutching at straws there. |
jees its much longer ago than i thought lol. 1/10th but that was 2015
Regardless, it's going to be a lot of market share that did not exist as competition not so long ago
if you ask me, prices of crude and gas is stupidly high even at todays prices.
Wholly rigged prices |
I did see it was 1/5th of global supply before but not sure that is right |
A lot of renewable energy out there already from various methods. This was not a consideration a few years ago. Dont know what global usage is from renewables but it is a fair bit of market share already i suppose so it is a new factor for outlooks these days. |
On Monday 10th March there is a General Meeting to vote on a Resolution to allow the Directors to allot shares to enable the Maverick purchase. They need 50% of votes to pass it so seems highly likely to pass. I guess that would reduce some uncertainty.
Worse case seems to be that Maverick does not proceed and a fee of $50 million is payable by DEC. Or I think a lower amount of about $10 million payable if it doesn't proceed due to the Resolution not passing.
Doesn't seem a good reason for the share price fall on it's own. Perhaps the weakening of the Dollar as well as oil price weakness and potential slow down in world economy ?? And shorters being able to close seems a good reason as well.
I personally have been adding. Dividend is attractive now and must be quite secure with hedging and recent gas futures. Time will tell. |
You would think this would be going up given the gas price and new tariffs on Canadian O&G imports. Makes no sense at all. Just the US market rout and fear factor of what Trump may do next I guess!
Also the shorters have all been closing with the only two left having recently reduced leaving just over 1% when it was previously closed to 10%.. |
The rise did not make sense. The shorters did not make sense in the rise. nothing made much sense, and then it all clicked together |
You just have to wonder what the shorts were about. Got price up to a great dilution and nearly gone at/for that point |
Forget short tracker. once they started buying back from 800s, it was more fixed than the SP
Metro bank had a short reduction trend that commenced from 3200p or so |
Only 2 shorts now above notifiable threshold.
Yet the share price manipulated down again.
Apparently AGM is on Monday. |
Not everybody might love him, but i can certainly think of a few dealers that do haha |
I am a big fan of Rusty now. That was def a top 25% timed dilution |
Did you all get it right? |
It's got to be stall to kill, or bounce. Which you reckon? |
Anyone seeing more than a stall? |
So, the stall price given
is it a stall? or to be a rebound? Re no 800s |
Customisable watchlists with full streaming quotes from leading exchanges, such as LSE, NASDAQ, NYSE, AMEX, Bovespa, BIT and more.
Hot Features
Premium
