Should be getting results from the second well very soon. If its good then we should get back to the 20's.
22 Sep '14
nice little tick up on good buying volume
22 Sep '14
possible could pay off 4 those who bought low,more bigger trades going through,hopefully some positive news on drilling front and finance,20p in sight soon maybe
19 Sep '14
Come on MMs. I'm sure you can manage a bigger spread than that. How about 15%?
18 Sep '14
couple of months old but still relevant: http://www.shareprophets.advfn.com/views/6071/picking-ruspetro-have-i-lost-my-mind-we-ll-see
16 Sep '14
bank trader bonuses
Out of interest, do bank trading staff have their bonuses linked to open positions as well as realised ones. If bonuses are paid out against open positions then we are all doomed ( and I don't just mean RPO shareholders) since it effectively incentivizes their traders to continue doubling down on unjustifiable positions knowing that by doing so their bonuses will remain intact. I've heard that the very big investment banks have short positions on practically everything and as long as the QE funds keep flowing they can continue to hold their positions or even drive them down lower. Can such a scenario continue to be played indeffinately. Obviously No, but I'm sure it can continue to be played for a few years yet, then being allowed to break when world events provide the perpetrators with plenty of excuses to not settle their debts. All this is a couple of years off, but meanwhile its always a good idea to watch the extent to which the media are trying to play us into a conflict that is by no means anyone's interest but the roaches on top of the dung pile. M FWIW I'm pretty confident RPO will have played out before then and that some bid / farm out / deal will have caught a lot of shorters swimming naked.
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