I agree, its not just the 4.5% drop today, its the other 15%+ that they took from it over the last couple of weeks despite as you say the great incoming RNS's.....seriously i watch approx 25 shares and have never seen a share like this, that just gets dropped..daily...on nothing...even when everything is going well...even when buying pressure is evident...
What's changed since the meteoric re-rate from a penny to nearly 2p - what was is? 3 weeks ago now?
Upgraded reserves, more wells producing more oil and revenues, $1m for a couple of hours consultancy, $6m funding announcement, more well participations.........need I go on.........
So what if the UK is shattered? How does this impact Magnolia Petroleum, a purely US based operation that happens to be listed on a UK, piece of **** market.
Fact is - even a 'no' vote means we're screwed - the political fall out from whatever way the vote falls is going to cost us a fortune. No-one seems to have mentioned how much this is all costing? *ankers. A 'no' vote still leaves Scottish MPs at Westminster - how is that fair then?
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