See my last chat! Since then these have been a falling sword, even against the market trend. Must be near the bottom now. Not been at these levels for a long time. Everyone heading for the door! Got to be about time to BUY!
24 Sep '15
Me again! Still agonising !! They say everything has its price but pricing POS with the oil majors frantically shutting deep water wells is exceedingly difficult, especially as I would be averaging down, which is not generally a good idea. I suppose at some point it would be worthwhile for a Shell or Mobil simply to swoop on the company and make the profit on their knowhow in future. Reckon I'll wait for another lurch and double up.
8 Sep '15
Great news China Malaysia Russia and now North Sea can only go one way now
28 Aug '15
Best invention: Worst timing
New subsea (expensive) wellhead about to be exhibited AND GUESS WHAT? All the majors are pulling out of deep sea exploration because it doesn't pay with oil at this price!! I am thinking of topping up my holding because this is a classy company but wonder whether it is going anywhere with this product for a few years? Market doesn't seem to be busting a gut with the SP right now.
2 Jul '15
RE: China deal
Sounds good should have a Hurricane behind it. Thorpe moonlighting in Palma.
2 Jul '15
Can only go from strength to strength now Chinese deal massive
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