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FPM Faroe Petrol.

160.40
0.00 (0.00%)
26 Apr 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Faroe Petrol. LSE:FPM London Ordinary Share GB0033032904 ORD 10P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 160.40 160.00 160.40 - 0.00 01:00:00
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
0 0 N/A 0

Faroe Petroleum Share Discussion Threads

Showing 10976 to 10996 of 11025 messages
Chat Pages: 441  440  439  438  437  436  435  434  433  432  431  430  Older
DateSubjectAuthorDiscuss
30/1/2019
18:43
also anyone who didn't accept the offer could have sold slightly above the bid price today, very odd I've never seen that before
bountyhunter
30/1/2019
17:33
Curious......somewhere over £250k's worth of stock changed hands today, all at prices above 160p
thegreatgeraldo
30/1/2019
16:27
No, DNO have to pay the highest they themselves paid, which is 160p. Some other idiot is buying at 162, either buying back short stocks above DNO, or someone who doesn't know that DNO have at least 89,9% and only lacks about 400k to cash out the remaining 10%.
fntc
30/1/2019
16:23
I see that 162p was paid for shares today does this mean DNO need to pay everyone the highest price paid.?
harry rags
25/1/2019
16:16
Fardels bear / wbodger

Compared to North Sea, Kurdistan assets are valued low.
We know that.

That's why DNO is cheap, and Genel as well.

However, in my opinion a pound (or Norwegian Kroner) has the same value wherever it's earned..

DNO returns to NCS because that is the wish of shareholders, and Faroe was a perfect match.

In a perfect world former Faroe shareholders could buy DNO as easily as if it was listed on LSE/AIM, but we are not there yet.
I believe that is mainly due to Your own rules, as I can buy shares in USA/Canada just as easily as I buy shares on OSE.

We'll see who ends up buying OSE, someone will. Euronext, LSE and Nasdaq may all be in.

Anyway, stock msrket is a game where the one with most money wins takeovers, but to be fair Faroe shareholders had a decent run after all.

I believe DNO has a 100% upside, at least, with or without Faroe.
It just pleases more with Faroe than without.
Both in the bond market, and risk wise.

And as I said before, if this it what it takes to show the values in DNO, so be it.

You guys should join in my opinion, but like always that is Your decision, not mine.

oto1
24/1/2019
17:00
yes she does
bountyhunter
24/1/2019
16:41
Euro too.

But then ... Trump. May you live in 'interesting times'.

wbodger
24/1/2019
15:41
If it thinks brexit won't happen it'll rise a lot more.
fardels bear
24/1/2019
14:55
16 bn NOK ~ £1.45 bn Not much for 112,500 bopd, so a lot of Kurdistan risk is built in.

Brexit keeps the £ low, it rises whenever the market thinks Brexit will be delayed.

wbodger
24/1/2019
13:40
which just goes to show how valuable FPM's North Sea assets are to DNO in comparison regardless of all the nonsense they came up with during the bidding process
bountyhunter
24/1/2019
12:25
Hmmm. So Genel gets 25% of 150,000 bopd ... Market Cap < FPM
wbodger
24/1/2019
12:14
DNO doesn't have 100% of Peshkabir, it is in the same license as Tawke. So 75% DNO 25% Genel.
fntc
24/1/2019
11:53
Nail on the head, Fardels.
dcarn
24/1/2019
11:39
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fardels bear
24/1/2019
11:37
OTOH, if people like DNO, another way in to Tawke cash-flow (100,000 bopd) is Genel, who have the 25% DNO don't have. (Not advice, just saying.) At some point DNO and Genel might sell Tawke to a major.

DNO themselves also have 100% of Peshkabir(50,000 bopd) and other prospects like Baeshiqa. Nearly 4 million barrels a month. Faroe's 400,000 (from memory) taxed at 78% looks like a dribble.

wbodger
22/1/2019
21:03
Trouble with buying DNO to get exposure to FPM is that it could go pear shaped in Kurdistan at any time, albeit the longer the return to normality in Iraq/Kurdistan carries on, the greater the value the market should place on it. Who knows what's going on there though....
thegreatgeraldo
22/1/2019
11:13
keep us posted please on that vb
bountyhunter
22/1/2019
08:51
Oslo Stock Exchange's days as an independent are all but over, and it will be taken over by Euronext probably or possibly Nasdaq or LSE. Should make buying DNO shares easier for those interested.
vikingbhoy
21/1/2019
20:35
Very tantalising. I like the Shell involvement in Edinburgh, also the licence near to SE Tor, which suggests they are going to explore that southern area. Also lots of interest around Iris/Hades.

DNO's resources will be put to good use. Pity DNO is not traded in London.

wbodger
17/1/2019
15:15
Decent sounding clutch of new licences..... ;-#((
thegreatgeraldo
16/1/2019
07:49
Thanks for that vision of DNO future plans, Oto1. :-)

Yes, ta, Bountyhunter, today's is the real cancellation notice.

Brent is creeping back up again, a whisker under $61/bbl. IF the US settles with China, then worries about global growth diminish and we may climb to $70? :-)

ed 123
Chat Pages: 441  440  439  438  437  436  435  434  433  432  431  430  Older

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