Gulf Keystone Petroleum Share Discussion Threads

[worldquant] 13/5/2024 08:57

Bermuda M +A is Wild West territory, anything goes.GKP not bound by UK takeover code , might have sought permission or not.I am interested particularly in the aggressiveness of this.$10m spend in a maximum of 6 weeks is chunky.

[worldquant] 13/5/2024 08:53

Hostile takeover battle appears where we are.

[arcadian] 13/5/2024 08:51

REDBED

Thanks for that reminder of where it ended last time. I seem to remember that the company would try to go along with UK law but would not be bound by it.

[jackpotjack] 13/5/2024 08:49

God I hope this stops the constant ... take over announcement for 10B each day

[paddyfool] 13/5/2024 08:49

Locally sold oil to sanction busters who remarket the oil elsewhere at current market prices. In other words crooks. Hopefully and probably state sanctioned crooks. So what does this mean? Well in the current environment the state is probably getting enormous revenues from this and all other production in their state. Do they have an incentive to resolve the sanctions in a reasonably short timescale? Would a larger organisation with a higher hurdle of compliance want to buy this asset in that environment?

[ptmorris1] 13/5/2024 08:43

Am not saying Muttley had a good rep. in the first place, but she certainly hasn't got any any now. TBH, it will be interesting to see how she tries to spin this.

Right, need to go and walk our "muttley" before the rains come. 'What, it rains on Jersey!?' Yup, it's not all beaches and cream teas ya know.

[redbed] 13/5/2024 08:42

Looks like HOSTILE after all.Regds buyback no problem under Bermuda regs.Its UK takeover code that frowns on that ( unless you get their approval)And GKP only volunteer to abide by itNot bound by it..Definitely hostile in my opinion

[milliecusto] 13/5/2024 08:39

Fatdog even

[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.