Gulf Keystone Petroleum Share Discussion Threads

[shortsqueezer] 13/6/2024 15:21

Another meeting on Sunday ?

[johnbuysghost] 13/6/2024 14:54

BigdogSarah5IQ is holding out for a hero round the back of the Hyde Park gents.

Someone needs to step up to the challenge.

[redbed] 13/6/2024 14:48

Genel isn't the operator of the largest onshore discovery for decades....

[ozzmosiz] 13/6/2024 14:46

Unusual drop. As usual GENL has barely moved

[redbed] 13/6/2024 14:42

So far your shares own 1.1% more of the company than they did before it started

[redbed] 13/6/2024 14:40

It's the opposite of a placing, which dilute holders, it concentrates them instead.

[redbed] 13/6/2024 14:39

No because it concentrates value

[eddie47] 13/6/2024 14:38

As GKP say: 'The sole purpose of the Buyback Programme is to reduce the capital of the Company'.

Does anyone find this odd?

[mmt1] 13/6/2024 14:27

could be a punter doing a t+30 or something... one of you lot??

Even I put mine on the book generally so they are reported as AT

[herbertsmithfreehills] 13/6/2024 14:27

Walleye probs

[mmt1] 13/6/2024 14:25

That wasn't the company (which would be a AT), they were ordinary trades - I looked at that and thought mmmm..

[herbertsmithfreehills] 13/6/2024 14:25

65,000175,000BuysPlus. The 60,000 earlierIs it 125,000Or 300,000 tomorrow reports

[herbertsmithfreehills] 13/6/2024 14:21

Nobody owns 220,000,000 lol, well not for a couple of weeks or so when the takeover announced

[hydrocarbon1] 13/6/2024 14:16

If I already own 220,000,000 shares and buy a few million more while spiking the price I would be tickled pink.

[petebreeze37] 13/6/2024 14:12

Gaze, Well, you could annilate the price to scare peeps to sell, or you could get your hedge fund mates to go short , we have two shorters over the 0.5 threshold, how many are there under 0.5.
I am thinking the same, gkp have quite a lot of their buyback money which could be used in the week before the AGM.

[redbed] 13/6/2024 14:12

If you want 2 m you buy them slowly slowly over weeks so as not to spike the SP

[redbed] 13/6/2024 14:10

Why would anyone put a buy order in for 2m????

[gazebo79] 13/6/2024 14:08

So if you put a buy order in for 2 million shares and no ones selling.what happens?

[hydrocarbon1] 13/6/2024 13:55

Gaz, exactly correct. I mentioned this recently but it takes more effort. That however is how the enemy drops the share price
hydrocarbon1 - 12 Jun 2024 - 14:31:32 - 706202 of 706307 THE NEW GKP / Drilling for Super Giants (moderated) - GKP
Problem with " Buybacks" is they do not perform same as those holding share price down, they buy in big chunks and do not affect share price in same manner - as share price is based on last trade not biggest. Takes more effort to buy small lots and control share price With DMA it should not matter the size of trade.
Just easier to buy chunks. Also if serious wait till end of trading.

[mmt1] 13/6/2024 13:47

Gazebo: thats what I can't understand...

[gazebo79] 13/6/2024 13:44

Would they not be better buying back more pee day and pushing the price up? Rather than 125 all the time?

[petebreeze37] 13/6/2024 13:22

Apart from Baghdad being Bagdad, f knows what is going on. Big forces at play here, Russia, Iran, China and USA in the melting pot and krg are the piggies in the middle.