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Yakee, not sure if you mean me but you need to chill out !! I am absolutely not an expert but part of the benefit of a forum like this is to share experiences and views.....none of us are right or wrong and none of us know what any given share price will be in the future....it’s just educated guesswork
And seriously, how can it not be worth selling a stock that you think will go down further??
I was in an almost identical position to yourself but have taken the view that the oil is real and there is a reasonable chance that they will get it out (or at least attempt to) in which case there is a decent chance that RKH could go up very nicely.....I therefore am one of those people that bought heavily in the last couple of years to get my average down (to 23p) and have deliberately put 20% of my total portfolio into FI oil
I am not a particularly smart guy nor do I assume it will come good, I just think it has a decent chance and could give me a massive return on my investment whereas the rest of portfolio are in fairly boring diversified funds etc
Its long overdue these small oilies need clozd scrutiny and fhe BODs should be looked st before they fold leavung tbosands out of pocket
Smart guy, or think you are!!, another “ expert “
I hardly post on here now, I certainly ain’t”bleating” about it and I ain’t selling as it’s not worth it, and I’m already in other stocks, my opinion stands, it’s a crock of she - ite
At 70p you have a good chance of getting your money back
Kurgan: It's got nothing to do with being negative, I too believe the directors are overpaid for the "job" they do...it's the "I paid x amount for my shares" FFS...that has F all to do with the price NOW.
I feel the same with desire oil directors should of been locked up 46k lost from lies
Yakee: The market/Companies don't sit there thinking "Yakees shares cost him 70p...we better do something about it"...believe it or not MMs haven't a ******* clue who you are. What is it you clowns don't understand about that. Sell up and move on.
So why stay in the stock Yakee ? Surely you’re only decision is “where can I put my £17500 to get the best return?” over whatever period you prefer ....if you don’t think it is RKH then DYOR and pick any one of the other thousands of listed companies around the world....or a cash ISA and you’ll know exactly what you will have in x months time
I don’t mean any of this in a patronising way, simply that I think we all struggle to cut our losses and move on in life and feel we are stuck with a given situation, in this case your investment in RKH. In reality though, you are not wedded to RKH ...the “divorce” will only cost you £10 or so with your broker and before you know it you will have a new ticker symbol to get your pulse racing again :)
Rupert played a blinder
Sam can sit this out until licence renewal ATM will stay open for him
Not very good at this game are we?
Alot of people are down on Rockhopper more than are up. The BOD, can sit this out, couldn't you on their salaries.
Does anyone know where Rupert Cole is, apart from being in jail where he should be. I know a few people who would like to have a word with him.
yakee, I’m in a similar position but don’t bleat on about it as I firmly believe i will make my money in the long term. I’m not a regular investor and am happy to wait for RKH to come good, which I firmly believe they will. It would appear that you have lost all hope of this share going anywhere near to your break even or profit position so why don’t you just sell up and try and recoup your money elsewhere?
Thats where its at Sam Moody remember the name guys Rupert Cole dissapeared into the sunset unchallenged
Has become a disaster of a stock, I’m in at 70p @25000 shares, I’ve been here since @2010 and it’s getting worse, pmo are equally pathetic, worst tie up we could’ve done, meanwhile our directors are being paid way to much for an aim company, we are being fleeced before our very eyes, a modern day tale of Dick Turpin