This marketing event that only used existing publicly available information, enabled presentations to be made by the Company, CIP and outside consultants, of which I was one. These presentations re-enforced the quality of the story which I have been so keen on this year, with onshore gas in Italy now covering the company’s G&A costs and an exciting amount of exploration upside in the short and medium term there is both downside protection and potential for growth. The nature of the conference, which targeted primarily high net worth European investors, showed not only the support and commitment by Continental but also that the management is able to demonstrate to prospective and existing investors that they are skilled and energetic at telling their story. The management have a realistic set of operational and financial targets and 2015 will be very interesting, the shares look most appealing at 11p.
It was obvious the drop was overdone, in fact we shouldn't have even dropped but the panic brigade lined up like lemmings to hit the sell button. I was happy to oblige and take some off them, buying a few more at under 10p. Mukstar seem's to have gone quite, i hope he hasn't moaned himself to death.
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.