A random on a street in London said Jesus loves you. Well if that is the case please make sp 90p by his birthday (Jesus that is and not the strangers....). Any idea when krg and due to make next payment? Gla
Tom78 - I am one of the unfortunates who holds both of the above. I gave up on POG a long time ago having sold nearly all of my holding( for about £12 per share- Seems incredible now). I now have 250 worthless shares but thankfully sold 750 at a profit. GKP may look better by comparison but has been an extreme endurance test I would never want to repeat. I dont even look at it any more for sanity sake.
Seems like the sort of antics, the unethical would get up to, i.e. drain sp in order to make a very low by standards offer seem attractive... Mind you, TK must have been confident at some point, as he was spacing more cash than a saudi prince on his birthday in the early years... so what did he know then, that he has not stated now, to try and resurrect this sp debacle ? Oh Andy, read the link, maybe go for beer in the Primo bar and simply listen to the chatter lol ? I mean why make such an effort to promote said oil fields if volumes suggested are not as they once were ? and have the audacity to charge nigh on 3 grand to attend lol... Might be worth a day trip, as its over 3 days ???
So much good news recently, yet a third of the share price dusted off since then. Astonishing. I've no idea what will happen, doesn't make sense. I'm just glad I have significantly de risked here through shorting over the last 6 months or so, because it sure as hell doesn't look pretty in any way. The prettiest girl at the dance is now the biggest hippocrocapig known to mankind.
It's all been a joke and I fully expect some shady deals have been done, are being done, and will continue to be done, until the FSA do something. Which will be never basically.
Lots of end games. Was just thinking today about encore. Busted down to microscopic levels then an offer at a large premium to the peanuts valuation and everyone votes for it!! Seems to me there are two sorts of normal takeovers. Firstly where the company is hugely profitable and another will pay almost anything for their sales and market share. Secondly there is the company out on its feet struggling along with reduced finance options, but which retains good contracts or assets. The latter are picked up for peanuts. TK always hoped he could be the former. Truth is it's either the latter or a long wait. Not for widows and orphans as they say. Thank goodness I'm neither. Average reducing daily and I WILL get paid out from this venture. (Assuming I don't die of old age first of course)
Datafeed and UK data supplied by NBTrader and Digital Look.
While London South East do their best to maintain the high quality of the information displayed on this site,
we cannot be held responsible for any loss due to incorrect information found here. All information is provided free of charge, 'as-is', and you use it at your own risk.
The contents of all 'Chat' messages should not be construed as advice and represent the opinions of the authors, not those of London South East Limited, or its affiliates.
London South East does not authorise or approve this content, and reserves the right to remove items at its discretion.