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On the move. Have just taken a position. Will hold until AGM.
I believe the Chinese situation will bring new people to take a look at the opportunity here. The Hydrogen economy is not going away. The question is when? Once the Media see that they can run a story; the share price will explode. I just keep sharing the unique opportunity here.
Exactly DJ, 15 years of "jam tomorrow"..... Yet most us PI's sitting well in the red.... Bod should be ashamed of themselves for the state of our investment
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Onedb1 - I understand utilising a short for when your primary strategy is to collect the coupon rate and hold the bond, but by employing this strategy with Premier Oil you will restrict the upside potential of your equity when you convert.
Unless you close the short before a significant rise, suggesting for profit maximisation there is more yoyoing of the share price yet to happen, or the shorters have got it wrong.
Compare warren Buffet and his Bank of America Pref shares he converted. A short would have reduced his profit.
Happy to be proved wrong with an example, let's say shorts taken out at 70 pence, bonds convert at 300 pence.
Thanks
For your reference Brook is also Kreature that is on the ADVFN board.Ignore his drivel.
Re.jimmy 24 /Brazil ,much appreciated the link i never knew there were so many lady boys in Brazil still makes a change from going on about turbite sands and three way dips again very much appreciated
How does this crisis affect a carillion PFI school trying to convert to an academy and join a MAT?