Lewis....I agree with you on lots of points.. but I also think the negativity on this board also affects the shares.. new buyers are put off.. cannot understand why people do not sell if they hate the share so much....
If we use our new found wealth correctly, get the rigs up and running, hope for the best from waterflood, put LOs and the boards expertise to good use what do you think the BOPD may be at this time next year 2000+ ? or s this a conservative guesstimate
Suspect there are several things that affect share price: 1. Performance of company. Profit basically. Happy with way it is going, but very early days and will be more "brown envelope" days like permit delays and petebo "why say it is operational when I just saw rig on the beach at Morne Diablo sunning itself with crew?" questions. So tend to agree with cb that shares not worth a lot per se till things are proved to be happening. 2. Assets of company. Said by others to be worth 1.4p a share before these extra shares. 3. Confidence in BOD and strategy going forwards.
I am sure many of you know that you can sit in a board room and the share price can move widely and you are left wondering why. Shareholder value is something you care about a lot, particularly if you have skin in it (copywrite Hill-Wood) but all you can do is do your jobs to best of ability, set targets, try and hit them and hope one day you will get a return on your share options.
Range have been one of very few lucky companies where executives don't have to give reasons for hold ups, extended delays and failures. There are quite a few holders who are willing form their own hypothesis for failures, and promote them on various boards.
That link is the one i posted to you yesterday? The exceptions listed are;
an acquisition that results from an acceptance of an offer under a takeover bid (item 1 of s611) an acquisition approved by a resolution of the company in which the acquisition is made (item 7 of s611) acquisitions of no more than 3% in every 6 months (the 3% "creep" exception in item 9 of s611) an acquisition that results from a rights issue (item 10 of s611)
Which i don’t think have any relation to the MOU?
With respect to the SP & 1p, you never did answer my question in regards to the 0.006 to 0.027 increase? Some 450% increase on the back of the last 1p funding placement at 1p? And with increasing production and now fully funded for the foreseeable, which FACTS can you give me to support your comments? Not fantasy world, but hard facts? Btw, I’m not saying this is going to hit .027 again, but then again I’m not saying it couldn’t, Also I’m not making judgment based on pure fantasy and delusion either...so i guess that’s where we differ.
Carve, btw, after youve spent so much time on here, what is your holding and avergae?
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