Gulf Keystone Petroleum Share Discussion Threads

[milliecusto] 13/5/2024 08:38

Fatdof will be having a proper meltdown currently

[shareho1der] 13/5/2024 08:38

And where is our smalldogSarah when you need her, lol

[shareho1der] 13/5/2024 08:36

Buyback makes sense at this low price. I am expecting a dividend when share price is higher. $98m cash, no debt. Happy days.

[arcadian] 13/5/2024 08:35

World Quant

And there`s me thinking that under Bermudan Company Law buybacks are not allowed during takeover negotiations.

What say you?

[petebreeze37] 13/5/2024 08:34

I believe walleye would have known, but hope not.

[ptmorris1] 13/5/2024 08:26

Walleye:
Oh dear
How sad
Never mind ...

[steephill cove] 13/5/2024 08:19

Walleye will also be scrambling around like headless 🐓🐓to close their short pronto.

GKP board revenge best served cold 🥶

Walleye caught with their 👖 down 😆

[ozzmosiz] 13/5/2024 08:18

Million+ volume in 18 minutes

[rmc100] 13/5/2024 08:15

Good to see GKP is watertight as no rise in share price on Friday.

[petebreeze37] 13/5/2024 08:13

Go to hell walleye

[shortsqueezer] 13/5/2024 08:08

210 on the 3 year chart?

[reidy66] 13/5/2024 08:05

143p target

[ozzmosiz] 13/5/2024 08:04

Awesome news and update

[steephill cove] 13/5/2024 08:02

Morning Worldquant! 😆😭😆😭

[shortsqueezer] 13/5/2024 08:01

Morning kylie :-)

[worldquant] 13/5/2024 07:50

I think they want this share price a lot higher.10m spent in 6 weeks or less is pretty aggressive!Last time they started with 15m over 5 months......and the share price was a lot higher then.

[shortsqueezer] 13/5/2024 07:47

Yes. Note the immediate commencement

[shortsqueezer] 13/5/2024 07:46

Hopefully that will see the end of the constant forcing down of the share price as any attempt will be met by GKP buys.

[worldquant] 13/5/2024 07:45

#gkp #gkptakeover F11 I expected a friendly deal had been cooked.This looks like we are taking on a hostile buyer.Large short position still in place of about 2 m shares.This buyback is aggressive from @Gulf_Keystone I like it ?

[worldquant] 13/5/2024 07:36

Yes I expected friendly.JB agree I think we have hostile interest The impact of this buyback given such an illiquid stock plus a large short holder could be very very substantial.Obvs gkp board know that.Summats up

[shortsqueezer] 13/5/2024 07:33

Possible. Hadn't thought of that.

[johnbuysghost] 13/5/2024 07:28

Well, well. Looks like a hostile bid is close.

[habshan] 13/5/2024 07:24

It's interesting that in the FYR announcement of 21st March we were told this:-

"Subject to local sales demand and considering our limited capital programme, gross production potential is currently between 43,000 - 45,000 bopd."

But we are now producing 48,300 bpd.

So they've been carrying out well maintenance and/or bringing another well onstream to meet demand as required.

And if they connect Sh-18 up they can produce up to 60kbpd to satisfy that demand should the need arise.