The SJ post of today in which he derided me in his usual fashion has been deleted. Never the less I will respond to this trader poster......A few posts from the not too distant past/ To SLE 30th May 015......I see our usual group of conniving traders are doing their best to spread the hate again. May see it nip down for a sub 1p bottom before we get a good rise later in the week. Good news on wed or thurs maybe?........There were no further posts from this person for almost 3 months which he later explained as being on holidays...This traders first two posts after his er hols were in fact to MSMN on 28th July 015. 1st one/ I sold out at a 30% loss this morning, I have held this share 5 times and made good profits on my previous 4 so I'm not bitter...2nd/ Feel free to question my integrity I don't really care. Tell you what, I haven't got a reason to post on this bb anymore and I continue to lose interest in this website as a whole. So I wont bother posting again....1st post back to SLE 20th Aug 015/ Bear attack only for the last 4 years. might be over might not be.......27th Aug 015 A post to ROSE about SLE/ Finncap put a target of 125p on SLE in 2011. The sp then was 40p. Four years later and its 60p after a 100/1 consolidation. That's 0.5% of the broker target. No opinion tendered on my behalf here. Just facts.
You are completely ignoring the pumping in valuation that the earning from Nigeria investments come in, that should be factored in your calculation otherwise it's an incomplete picture you are providing!
We've seen it all before many times. Our current MC is approx.: £30.3m with 62m shares in issue (sp 49)...The market knows what we've got and what its likely to be worth. So when shares in issue becomes approx.: 433m the sp will over the next few months reduce by a factor of 7 giving a sp of 7p..Then more money will be needed and off we go again...This is the way it's always been....Only the name of some of the play's and some of the players is what changes. The name of the game stay's the same..Dilution...even if the ordinary shareholder never invests another penny, dilution just keeps sucking away at what little you have left. Remember this current sp pre consolidation is actually 0.49 of one pence. To get back to our position before the blood sucking began we need a sp of £40 which means this would have to become a £17b company....Wont be long now WOW BOOM ZOOM Chrissy press's nearly here again.
Best its a bloody good Divi, im only 91% down in this pot, PS Jam needs to be the most expensive full fruit jam known to man.....Before you say... average... not got into the habit of good after bad.. but until i sell ive not lost !
I have no recollection of you posting anything remotely useful or interesting.
Can you remember which ID you posted it under?
Perhaps you could repost and we'll see how similar it is.
Your post just looks like an attempt to divert QF's post from becoming a topic of conversation - as it is, along with a great many other things, it seems to suggest that everything is beginning to fall into place for SLE.
Although 90 companies have gone bankrupt since oil prices crashed, this has not stopped the juggernaut. Some have done deals with creditors, clearing debts. In other cases, private equity groups with deep pockets have scooped up the distressed assets.
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