Green Dragon Share Discussion Threads

[srpactive] 24/11/2017 11:48

What happening would make you close?

[asagi] 22/11/2017 11:01

this page:

hxxps://www.oslobors.no/ob_eng/markedsaktivitet/#/details/GDG01%20PRO.ABM/data

also lists bonds outstanding as '0'. I take 'outstanding' to mean 'in issue, with full repayment of coupon to come at a later date'.

Asagi (short GDG)

[srpactive] 22/11/2017 07:23

J

Yes but you are always negative, do you think in the
banking crisis in 2008 all the boxes were ticked?

I do not hold here.

[asagi] 21/11/2017 21:54

from this page:

hxxps://www.oslobors.no/ob_eng/markedsaktivitet/#/details/GDG01%20PRO.ABM/overview

it does look indeed as if Green Dragon Gas has successfully extended the maturity date of its bond to 20th November 2018.

Asagi (short GDG)

[asagi] 21/11/2017 14:07

that was the last (reported) trade, on 18th September.

Asagi (short GDG)

[asagi] 21/11/2017 10:08

Oslo Bourse confirms that Green Dragon has defaulted but the maturity date has been extended. To when I don't know but from this page:

hxxps://www.oslobors.no/ob_eng/markedsaktivitet/#/details/GDG01%20PRO.ABM/overview

it looks like it could be November 24th.

Asagi (short GDG)

[srpactive] 16/11/2017 10:02

At least they are still talking, I suppose, I do not
hold here.

[srpactive] 16/11/2017 09:23

Maybe time to short was 275p, those that did have
possibly closed at 60p, hence the chart basing.

[asagi] 16/11/2017 09:14

can someone please give their suggestion why the shares are not significantly lower this morning?

Asagi (short GDG)

[srpactive] 16/11/2017 08:17

Bond talks continue.

[abeygale] 02/11/2017 09:59

Yes that was the one. I was lured in by double 6 (Colin Scar) at the time. That was my quickest ever £500 loss.

[john henry] 02/11/2017 09:46

Abeygale, GDL yet again debt a problem.

[abeygale] 02/11/2017 09:29

You can make a fortune shorting the ones JN deramps. I remember Northern Lynx. JN pointed that one out and I lost my entire investment on the day I put my money in.

JN is always right in the end. Lesson learnt.
However I think Green Dragon will still function under new ownership if they go bust. Therefore Greka Drilling will keep on getting paid for their contracts with Green Dragon.

[srpactive] 02/11/2017 09:22

JN

Thank you, that clears that up.

[abeygale] 02/11/2017 09:20

JackNife. A great investment for you is Greka Drilling. Take a look as they just keep on getting new contracts all the time.

[srpactive] 01/11/2017 15:14

J

I thought you said they would not have the time to do so,
but as you mentioned they have. Does it not worry you that
you got it completely wrong if it was you that is. Just asking.

[coxsmn] 15/10/2017 09:11

Only time will tell abeygale.