lol .. my pro-bono post of the week.
it is always referred to the total production of the field. If you thought .. even for 1 second ... that the 100mmscf/d was the END's share ... you obviously never read previous filings made by the company.
... .... 100 ... is still bullish ...... but .. as I said ... 1 good news in an ocean of terrible developments.
Of course ... if you do not know what I am talking about ... it's not a surprise that my previous post do not make sense to you! ... lol
sorry .. but that's not how options work .. lol .... your post clearly show .. that .. u still need to learn a lot ... about options trading and strategies!
Put writers ... had to buy stocks at $1 on saturday (expiration day) ... CORRECT!
However, it is not them ... pumping the price at the close. For this simple reason:
They are not interested in own any END shares. If u inflate the PPS you will own more shares .. that means more shares to unload on monday .. (i.e. CAUSING THE PPS TO GO WAY LOWER). Makes no sense.
Nice try ... lol
Put options .... expiring on Saturday 20, 2014. This is all it did happen
On Monday prices should come back down... to .. $0.43. ... ... as BK of the company seems the only option at this points.
It would have been bullish .. had we seen some activity on the Bonds. However, END unsecured bonds still trade at 5c on the Dollar.
Smartscrutinizer ... u r funny! .. you are right ... ... Friday Activity was caused by options players ... but you are flat wrong in your analysis. ... lol
Yesterday at close, owner of Put options ... bough shares ...in order to be able to exercise their right embedded in the Put options and sell the shares to the put options writers.
In order to exercise their right .. they had to own the shares to deliver .. that's why they bought yesterday at close.
Pippa Pippa ... what's going on... lol?
By Ekaterina Shatalova
Sept. 20 (Bloomberg) -- VTB proposal on bankrupting Mechel
is “logical,” Minister Alexey Ulyukayev tells reporters in Sochi.
• “We should acknowledge the facts. If the company is bankrupt, we should legally acknowledge it”
• “Of course I think we should take this route. There’s no other way out”
• Bankruptcy is business of lenders, as they will initiate process
Pippa .. the person that does not even know how debt-to-equity swap works. lol
Pippa still thinks that no shares will be issued .. ah ah ah ... If so .. MTL right now would be trading at $5 ... but hey ... it's pippa we are talking about
Pippa .. missing the point .. again? ... lol
maybe you can ask your teacher ... he he can explain you .. how debt to equity swap work ...
Pippa Pippa ... maybe u realize ... paliyng MTL in the U.S. was the wrost choice you could make. right?
Only way to play mechel ... (and it might still be a total loss) .. is to paly it in Russia ... MTLR.
Only Pippa IS HAPPY to pay a 70% premium in the U.S. over the price in russia. Well done Pippa.
Hey, ... pippi ... you are rally so stupid? ...
- current MTL hast about 416m shrare outstanding.
- Z owns about 278m shaers
The plan is this:
-the 3 banks convert the debt into Equity. And receive in exchange 2,086m new Shares of Mechel.
- Z will keep his 278m shares ... and get diluted to only 10% ownership.
so .. banks do not get diluted .. and they end up .. controlling ... 83% of Mechel!
Pippa ... 83% is better than 57% ...
geez ... how naive can u be!? ... lol
So, Pippa, .. .what u ar esaying is ... the following:
Current shareholders (excluding Igor) will own 32.58% of MTL
The 3 banks will own 57.42% of MTL
Igor will own 10% of MTL
Sorry Pippa ... but this is not the plan. how naive is that for you .. to believe that Shareholders (excluding igor) will keep 32.58% of MTL even after the Debt to equity swap.
They will get diluted too .. and own probably only 4% of MTL after the Transaction.
WookWookWook .. where are you?
ВТБ грозит Мечелу банкротством через суд
СОЧИ/МОСКВА (Рейтер) - Второй по величине государственный банк РФ ВТБ, являющийся одним из кредиторов горно-металлургического холдинга Мечел, грозит компании, отклоняющей вариант конвертации долга в акции, обращением в суд, сказал глава ВТБ Андрей Костин журналистам на форуме в Сочи.
19.09.2014 14:42 GMT
Any Commpents Pippa? ... lol
Wrong... ahah .. try at least to get accurate news ... today GS upgraded the EMEA mining sector from ... Cautions ... to neutral...
jeez ... not even able to get proper intel ...