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GKP
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10 years 8 months ago #12777
by longterm_view
Replied by longterm_view on topic GKP
Well, 32 didn't hold
testing 25 as we speak. 
Can see support at 24.25 and 21.75, but doesn't look that strong, next strong support looks like gap support at 18.25?
Can see support at 24.25 and 21.75, but doesn't look that strong, next strong support looks like gap support at 18.25?
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10 years 8 months ago #12778
by Trendfriend
Replied by Trendfriend on topic GKP
LTW any idea why this has dropped so much??
some bad news today??
Not been following the news here recently.
Regards,
Trendfriend.
some bad news today??
Not been following the news here recently.
Regards,
Trendfriend.
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10 years 8 months ago #12779
by longterm_view
Replied by longterm_view on topic GKP
Trendfriend,
No news, no sky leaks yet either!
Just general sentiment, genel down last few weeks!
Only a couple of months before money is run out again.
I'm still not sure whether to ever buy back in again.
No news, no sky leaks yet either!
Just general sentiment, genel down last few weeks!
Only a couple of months before money is run out again.
I'm still not sure whether to ever buy back in again.
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10 years 8 months ago #12780
by Trendfriend
Replied by Trendfriend on topic GKP
www.ft.com/cms/s/0/0cc26014-1674-11e5-b0...0.html#ixzz3hDXYakH1
Just found this, the bit concerning GKP is below...
London-listed Gulf Keystone, owed about $250m by the KRG, is in a more precarious position. Its shares have crashed and its bonds trade at a fraction of their face value. Already in talks over a sale of assets or the entire business, it has been forced to seek a further easing of the terms on its gross debt of $575m. Without payments for oil coming from its Shaikan field, the company is likely to fall into the hands of bondholders.
Buy??
NO!!
Leave this alone until things are sorted imho...
Just found this, the bit concerning GKP is below...
London-listed Gulf Keystone, owed about $250m by the KRG, is in a more precarious position. Its shares have crashed and its bonds trade at a fraction of their face value. Already in talks over a sale of assets or the entire business, it has been forced to seek a further easing of the terms on its gross debt of $575m. Without payments for oil coming from its Shaikan field, the company is likely to fall into the hands of bondholders.
Buy??
NO!!
Leave this alone until things are sorted imho...
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10 years 8 months ago #12781
by longterm_view
Replied by longterm_view on topic GKP
Trendfriend,
I read that a few days ago, sorry.
Don't fall in love with a share, I believe GKP has taken most.
I read that a few days ago, sorry.
Don't fall in love with a share, I believe GKP has taken most.
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10 years 8 months ago #12782
by Food4Thought
Replied by Food4Thought on topic GKP
Take this off of your watchlist. It has long ago had it's day.
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