Navion Oslo Shuttle tanker arrived in Scapa Flow from Catcher.
Article re: oil price rise >> [link]
Brent crude hits yr high. $63.75.
WTI hits another yr high. $58.75.
Re: Black friday sales PMO shares Puskas was a fabulous player. I saw him (on BW tv) in the 1960 European cup final, when he scored 4(!!) goals. Di Stefano and Garrincha were the other stars.
Re: Black friday sales PMO shares Brent knocking on $64 barrel door.PMO, struggling to pass 70p.Black Friday deal indeed..80% off PMO shares... Black Friday bargain. Forget the toothbrushes and grab PMO..
Black friday sales PMO shares Currently well below market value imho.. oil price sustained at over $60, revenues for this year I believe will be well above target
Re: WIT now $58.22. Is that another I'm quivering with excitement. Hyperventilating, in fact. Onward and upward!
WIT now $58.22. Is that another year high??
£50 per barrel. NOT!
Brent still $63. Looking at the chart through August it was £50 to $53.September $52 to $58.October $55 to $61.November $61 to $64.Looking good for PMO.
Re: Bonds to shares That only relates to the CBH's being firced to convert by PMO'conversion at the option of the bond issuer...'.........................................Ah!
Re: Bonds to shares Should have said forced not firced.
Re: Bonds to shares That only relates to the CBH's being firced to convert by PMO'conversion at the option of the bond issuer...'
Re: Bonds to shares I Just found this"The Restructuring Implementation Deed also gave effect to the following key terms to holders of the Groups US$245,324,000 convertible bonds: a resetting of maturity to 31 May 2022; reduced conversion price from £4.21 to 74.71 pence with anti-dilution protections; a 2.5 per cent. coupon, to be paid, at the election of the bond issuer, in new Ordinary Shares, from the proceeds of sale of new Ordinary Shares or in cash (subject to the terms of an intercreditor agreement between Premier and its creditors); the issue of equity warrants to convertible bondholders representing up to 3 per cent. of Premiers issued shares (on a fully diluted basis) with an exercise price of 42.75 pence per share; and conversion at the option of the bond issuer at the conversion price at any time after one year if the value of Premiers shares is at least 140 per cent. of the conversion price for 25 consecutive dealing days."So, on the last bullet point, the CBH's couldn't/can't convert for 1 year, and then, only if the SP is 140% of the 74.71p for 25 consecutive dealing days?