I think the industry may be turning a corner. Expecting an RNS on Ireland next week, perhaps confirmation of the 14th Round awards, too. Interestingly, there is a stock exchange float soon for a company that has onshore UK assets in the Holmwood area, so there is interest. Still frustrating that the management here can't see the wave coming.... all imho of course!
of interest here, the share price is at it's lowest in year's as is the oil price, and sentiment has never been lower at a time when the UK is desperate for some home grown oil & gas, but we seem to be starved of news or kept up to speed (lol) on progress. This co. could sure do with some PR. Having said all that, with everything at it's lowest and OP will not stay this low forever, I'm thinking this must be the time to buy in.
Remember the selling that went on before the Kosmos announcement. This morning appears to be the reverse. The trades going through as buys at the moment are actually sells. Usually enough to bring the price down. But it is holding substantially above the 3p bid. I wonder why?
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