Isengard, Tom Cross should at least issue some sort of statement or update on the current situation and what he intends to do going forward, or has he run out of ideas or options, and very shortly money. Also when the oil price steadily climbed to slightly over 50$ our share price was falling, which leads me to believe there is something not right with this company. All the positive posters can huff and puff alt they like, but the share price says it all.
Couldn't agree more Dukekyla . Mr Cross is treating private investors with complete disdain . It's getting on for around two and a half years since we had an RNS worth anything . Is he just going to let the whole thing slide down the pan ?What is also of concern is that in the last week Faroe has issued three RNSs two of which were new oil discoveries in the North Sea of decent proportions . The other if my memory serves me correctly was a takeover . I'm surprised that shareholders are taking it all so calmly .
Approx this time last year Tom Cross was going to do this and do that and was confident the company was going to purchase this and that, what the F'@ck has he done, nothing this is the lowest the share price has been, and guess what very little news, remember his words cheeky offers, ( ****** ))
FIL holding has not changed at all, it is still around 9% and has been for a long time now. It is the method they use to allocate the shares to companies within the group that has changed. They made the same declaration on a raft of shares today. GLA.
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