Of how much is the key. Could prove to be a fair amount, doesn't sound as good as 20% of profits but I bet it's a better deal than the latter. There are a lot of costs before the oil is sold to market.
I do not believe any ramping was taking place. I think this share is beyod ramping. the majority of shar4eholders have been in for quite some time as the volatility shows. As to eegbvi I was simply pointing out the fact that his facts were assumptions and totally wrong at that. I reiterate - It is 5% of the TOP! No deuctions for costs or anything else. King99 if you just had a little more knowledge you might be useful but as it stands my 8 year old daughter is more use. Over and out>
You rampers just cant accept that not everyone needs and sees this investment as yourselves and considers a forum as a grown up venue to discuss pros and cons of any particular share. As you guys only have rose tinted glasses to see from (clearly over invested), frankly I pay no attention what so ever to your ramblings and have found eegbvi commentaries more than appreciated as some one like myself, wishing to make an informed decision, and probably like the majority, not really knowing what goes on all those millions of miles away. The only reason I have not given up on this share is because the current price represents a massive diiscount to what the institutions hopefully paid (again I may stand corrected) but they at least have analysts and views based on far better information than anything posted on here. Its funny the rampers went quiet for aa few days but have come back in a vengeance!!!! Oh yes, I must get a life, blah blah blah but sorry to pull you away from your slot machines, I try to make investments not gambles.
Thank you winger1 , it is not that I am trying to be critical but someone who professes to be floating oil company's in Hamburg I am surprised he has the time to worry about his investment in Argos , and giving us chapter and verse as to what 5 per cent royalty really means . He will be back with some more input no doubt but this time I think we have won the argument .
Tuggy, your input is much appreciated and valued, by us long term and genuine investors. I don't quite get eegbvi, he seems very downbeat on Argos, and yet continues to voice his opinions, all be it totally negative, and critical, if I felt that way about an investment, why put time and effort, into bashing it?
Datafeed and UK data supplied by NBTrader and Digital Look.
While London South East do their best to maintain the high quality of the information displayed on this site,
we cannot be held responsible for any loss due to incorrect information found here. All information is provided free of charge, 'as-is', and you use it at your own risk.
The contents of all 'Chat' messages should not be construed as advice and represent the opinions of the authors, not those of London South East Limited, or its affiliates.
London South East does not authorise or approve this content, and reserves the right to remove items at its discretion.