Search. In many ways I respect your optimism. I've taken some comfort from it on numerous dark days here. Lately, for me the continued denial of any negativity has seemed disingenuous but that is just my view. I am however interested to understand how you deem the post about BR and Soros as excellent. For the last two years I'd suggest at least once a month you've been using the BR/Soros position as justification that great times are just around the corner. Soros must know more than the PI, he doesn't back losers, etc etc etc. Yet he's been selling everything he has in this company. If your argument was consistent you should be mortified about this. But no, the plus side is he can't have many left to sell. We'll move up from here now. I don't get it. I'm pretty sure Dr B could release a press statement suggesting OFs San Leon was a Ponzi scheme and you'd be delighted. How can you expect to have any credibility.
Nothing bizarre about it my friend, Blackrock have sold over 100mil shares in the last few weeks......that and only that is the reason for the price fall!
As most of the market knows, they are in the process of winding down a small cap fund which was run by Hugo Tudor and it's just not SLE they have been selling but many more stocks. I for one would be very careful about buying any small cap with Blackrock on the holder list. It's actually a disgrace the way they have gone about it and I would now refuse to invest in Blackrock's products because of this. They have shown almost contempt for the shareholders.
There's nothing OF or the brokers can do, they've just raised £31mil (including £1mil of OF's personal money). It's also important to remember that it was only institutions that took part in the placing at 4.75p, it wasn't open to retail clients. We the PI's missed out and I say thank you very much, let the big boys do all the DD and Ill pick them up at a 20% discount. There's a silver lining to every cloud.
Once Blackrock are cleared (and there cant be many left now) I confident that we'll soon see these settle back toward 5/6p.
Was squandered in 6 months. Over £10million+ on OF salary and subcontracting. Yes I have now had to stop my salvation army donations as this is enough charity right here.
This will go sub 3.5p so if you are topping up ( ? ) what til the dust settles. There is some backhanders coming out of the Turkish deal for sure. Who would even investigate those transactions. AIM has never protected investors or been seen to.
No more mickey mouse markets for me. FTSE 100 all day long from here onward
more frac, and more nonsense, have they generated any respectable flow to date? NO, have they generate any money out of anything ? NO , oh sorry Yet, Turkey is our money making hope, !! we went to become a leading shale company in Europe and out of desperation we ended up in Turkey ! why? mismanagement is simple answer to that, no other excuses!
please someone tell me what the hell are we doing in Turkey! ? wow let me guess, we want to have some cash flow and therefore lets put the whole company in even more risks and go to Turkey to generate some cash flow, the country which laws and order changes on daily bases,
well done OF, thank you for brining this company to where it is today! you should get a BIG prize for it! best thing for you is to resign and go very quickly, before being voted out (this is saying it very politely of course) bring another CEO to get us out of this mess, before it is too late!
but in the mean time the micky mouse RNS's keep flowing out the door!
truly a joke what I am seeing today! searcher, I truly admire your persistent and locality , but please don't fool yourself as long as OF is running this company, SLE is going nowhere IMO
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