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Be a contrarian investor says Ranjeet Singh


Lansdowne Oil Share Chat (LOGP)



Share Price: 1.20Bid: 1.15Ask: 1.25Change: 0.00 (0.00%)No Movement on Lansdowne Oil
Spread: 0.10Spread as %: 8.70%Open: 1.20High: 1.20Low: 1.175Yesterday’s Close: 1.20


Share Discussion for Lansdowne Oil


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eggshead
Posts: 95
Off Topic
Opinion:No Opinion
Price:1.20
Bear dozed JH 77
Fri 22:17
Makes sense but why are we not closing up shop & keep funds we have, Will probably run out of cash again and more dilution so unless company closes up and waits and does a deal at the right time shareholders will continue to suffer. Just my opinion but seems to make sense to me & hard to know if worth buying if continues to burn cash & has to issue more shares to stay going.
 
JH77
Posts: 701
Answer
Opinion:Strong Buy
Price:1.20
RE: JH77
Fri 06:12
You have hit the nail on the head Bear....Investing in AIM oil exploration companies is a form of gambling in a way: betting on the success of drills and the ability of the company to bring the oil or gas to market, either alone or in partnership with a major. Even the petroleum geologists can get things wrong and a highly prospective drill can turn up to be a duster ! At least in this case the oil has been found (6 successful drills down the years)....so it's all down to being patient and waiting for a development partner to step up to the plate.
beardozer
Posts: 6
Off Topic
Opinion:No Opinion
Price:1.20
JH77
Thu 16:06
A "cheeky top up" is commendable but, to be honest, we are all betting on Black or Red. If Barryroe ever gets developed and I'm 90% sure it will we're all laughing. I think future Irish Energy Security is what will make Barryroe attractive whatever previously interested farm-in partners thought. And, of course, we are assured by PVR there is current interest.
JH77
Posts: 701
Off Topic
Opinion:No Opinion
Price:1.20
RE: SP
Thu 14:03
I've got a bit of wonga coming my way tomorrow. Looking at a cheeky top up in my isa at present bargain price.
Curn
Posts: 935
Off Topic
Opinion:Buy
Price:1.20
RE: SP
Thu 14:00
I too have been stocking up here. Nothings a sure thing but at this price Im happy to chuck a lot more at it than usual
JH77
Posts: 701
Answer
Opinion:Strong Buy
Price:1.175
RE: SP
Thu 13:03
Well spotted. Research suggests this will go to 10.5p once Barry roe farm out is sorted. The Helvick marginal field is a handy little asset as well. Just a bit more patience required for it all to gell.
kieffy
Posts: 4,851
Research
Opinion:Buy
Price:1.20
SP
Thu 10:23
This share seems to be flying under the radar reseach show the value of celltic well value inthr region of 30m.
interesting.
JH77
Posts: 701
Off Topic
Opinion:No Opinion
Price:1.25
RE: Big trades
13 Apr '17
I'm getting quoted 1.2 to sell (500,000) and 1.24 to buy. Wonder whats going on here?
swizz
Posts: 1,479
Premium Chat Member
Observation
Opinion:Strong Buy
Price:1.25
RE: Big trades
13 Apr '17
Indeed, the market also appear very hungry for shares, a bit of stake building being undertaken on the QT,.....GL S
Ichi
Posts: 412
Off Topic
Opinion:No Opinion
Price:1.25
Big trades
13 Apr '17
Two decent trades gone through....

One for 1.5m

Above the bid so presume they are buys....




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