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The law of diminishing returns applies now for the Troll attack.
Surely the Trolls, paid per post, personal agenda driven or otherwise must eventually realise they are not influencing anyone any more with their tired loop of negative issues gone over ad finitum in the last few months.
Questions have been answered, multiple times.
Any poor unsure PI that could have possibly been influenced by the Troll campaign here must have sold by now – anyone left and still susceptible to persuasion by these types drivel must be very few and far between indeed.
Perhaps the trolls manage to intimidate 1 or 2 each day who then finally fold, but the share overall is actually stronger for the purge, the SP will recover in time.
Shares must by now be mainly left in the hands of those who fully understand the fundamentals, will hold longer, adamantine in their well researched beliefs and view the trolls with the utter disdain they deserve. There are some superb posters on here more than a match for the troll A team deployed and are running rings round them.
That situation being accepted, LTH are now perhaps spending to much time fighting them, continued staunch defence may not be as necessary anymore, the recovery is in motion, they have nothing left to rant on about now of any worth and are starting to sound desperate, playing the same very tired records – pitiful really.
Filter them all and they starve, imagine the peace.
Cue: This message has been filtered, please adjust your filters to view
Apologies, it would appear that the article you referred to on the BLOE BB is over a year old, whereas your particular link refers to a newer redemption of very recently.
Pity that’s not relevant to what’s happening just now though.
That article is well over a year old, from April 2018.
Has anyone seen if there a link to the Turner Pope presentation ?
I agree with everything you say Tarry but coming from one who spent 18 solid months browbeating a CEO 18 hours a day over his wages I think your words are a bit rich.
Slightly more bullish views appearing on some of the blogs. Still only small position here but will consider buying a few more if sentiment continues to improve.
Lol evens I did the same last night filtered all those cloned regurgitaters of negative viewpoints, looks like they took up most of the evenining, it becomes even more obvious that it a well orchestrated deramp team at work here. And the beauty of this post is I won’t have to read their denials or justifications
Sorry, you will have to copy and paste into a browser.
Courtesy of Block bb
Looks like an about turn by Miton with a decrease in holding.
Decreases are never good for the inference is that they will sell more.
About February / March time - everything seemed clear on the direction of the company. Now its had a clearly targetted and shorted down share price, delay, indecision, funds involved, litigation. Now one Institutional holder reducing
You'll forgive me for asking the question Wtf is going on here?
I agree with your sentiment entirely. Tarry. There's no point crying over spilled milk. Couldn't resist and doubled up cheaply earlier in the week - we'll see where we at Xmas.
It's funny that the previous 14 (yes 14!!!!) consecutive posts to yours were all from trolls I have filtered. Are they "penny posters" in a different time zone? Or, are they the last few shorters, yet to close? Either way they're playing to an empty theatre.
Bottom line here is that we should have been producing from Djeno right now if it wasn't for the dodgy rig SMP supplied. We shouldn't have had to move it, we shouldn't have had to abandon the drill. You can't blame Section for the rig. So what do we do, accept it as bad luck or try and recover some of the losses.
Funding is sorted, oil is still there in fact it's seeping through two concrete plugs from Djeno and worst case we just produce from Mengo.
SNPC are still paying arrears and will have some IMF cash soon.
Are we in a worse place than we expected/hoped? Undoubtedly. But that's life so let's just get on with it. If you're not invested please do everyone who still is a favour and watch quietly from the sidelines :)
YinYang, I agree. DS has indeed been treated very kindly. That is surprising, guven that he awarded himself a pay rise of 100% (that is One Hundred Per Cent), plus a bonus of £75,000, on top of the nearly £1,000,000.00 he managed to spend on himself on expenses. In some circumstances, that might elicit a negative reaction, especially where the individual concerned hasn’t even bought a single share, at four measly pence a share. But what do I know? I am just a troll. Tiburn and the rest will explain at length why that is all ok, and, indeed, a reason to buy more shares.
Curious99, I follow many shares and the comments about the BOD on some others I am looking at are much worse than the flak given to DS. SOU and TCG are two of the most recent BOD spit roasting shares I am following. DS has been treated very kindly.
I agree, YinYang - it could have been a good investment. I bought a tranche of shares quite some time ago now, for all the right reasons, but on which I am sporting a pretty spectacular loss. I continue to hold them mainly out of fascination for the extraordinary ongoing carcrash that this company has become. I know I should sell. But I just can’t look away. It is too fascinating. And - if I am honest - it is partly fascinating for the Tiburns and TIPTOPs of the world, who keep earnestly posting, and posting, and posting, as if, somehow, that is going to make the company less utterly incompetent and useless than it is. And then they scream and squeal and moan and point and get all upset when someone comes along and dares to say that the company’s a bit rubbish. Despite the fact it IPO’d at 20p and is now somewhere between 4p and 5p. God help us. At least these people aren’t running the country. Still, they probably voted for Brexit, didn’t they? Enough said.
Curious, I'm just humouring the loyal posters and giving them hope! Still, you never know...
Curious99, I am here just following the drama. Was going to invest when the rig turned up for the Mengo, now the Djeno. Despite DS, this has the makings of a decent profit when the oil flows or if the oil ever flows, or if the money will ever cover it being drilled and the seizure order is revoked and AAOG win their legal battle with SMP.
Bennyson, I didn’t have you down as that naive. Of course they’re not going to buy in now. They know that the Djeno drill is no longer guaranteed. It depends on how much money they raise, and that depends on the sp. So they are not going to buy. Just as they haven’t in the past. Risk, after all, is just for the little people. Not for people like DS and JB.
500,000 would cost them just £21.5k... keep an eye out!
How dare you, YinYang! You’re a TROLL, TROLL, TROLL, TROLL!!! You said something negative about the company on this bulletin board! Tgat is appalling. Outrageous, disgusting. You DISGUST me, YinYang. How dare you criticise DS? It is unacceptable. TROLL!!! Go away! This board is only for people who love DS, who think he deserves the pay rise, the bonus, and the first class air travel. You disgust me, and you disgust all of us, for your disgusting un-positive attitude. TROLL!
Curious, tbf, at this level, he can well afford to buy now... the question will surely be just how heavily Sefton and Berwick buy in as they're getting just over 241 on the price only two months back...
Won't be surprised to see an rns about them buying, tomorrow... then again, won't be surprised not to see it!
Yes, DS is a legend, not only can he run this company with JB, he is also doing a grand job at Iconic Labs and the SP there is still above the nominal price of 0.25p - JUST!
It is a point I have been making for two years now: if the BoD won’t buy the shares, despite the huge salary, the 100% pay rise on top of the huge salary that DS awarded himself for his stellar performance in a part time job (while feathering his own ATOG nest at AAOG’s expense), the bonus that DS awarded himself for his stellar performance, and the £900,000.00 that DS spent on flights, hotels, and the minibar - because he’s worth it, obviously - if, after all of that, DS won’t even buy a tenner’s worth of shares, then doesn’t it occur to you that you might be a bit of a fool to believe in this company? And if that hasn’t occurred to you, shouldn’t it? As before: call me a troll, if you want. It doesn’t make anything I have said any less true or important.
Yes, they are averaging down, I am wondering why. Has DS's BS worked on them too?
Miton are averaging down as they own shares comparable to most pi's as far a average price.
As for the management 'realise that this the only way to get the share price back' the rns' aren't an option! They're obligated to produce news that is share price sensitive... the shock of it is how many of the recent rns' have been forced upon them by leaks about the BoD's rather unscrupulous dealings on the side and the fear of the fca (imo).
I'm all for painitng a positive but don't choose to believe they've decided telling the truth is now the way forward, is if it's optional. Also appreicate that the words they releasr are designed sprcifically to say what they want it to say, or to imply what they want it to, often without spelling out the degrees of possibility.
you can relax when they've thrown a minimum £25k each into shares (not a biggie, considering the bonuses and increase in slary they've gifted themselves for a part time job) and given you a specific timeline for the drilling. Would be good if tey've also give the good folk an update on the cash balance, now they've got the extra sums.
Maybe then you can all relax.
Happy rnsing tomorrow!
The Miton buy may be good news (not to me) but what is the motive? If I had more than 10% of shares, say 27m (I will trust YinYang sums) would I renege (even if entitled to do so) on picking up another 49,288,347 when I can slip these out into the market, at a small loss, but hopefully also dropping a few more of my prior holding on the good news that I had subscribed? Would that I had 10% of any company! But if I did I might buy more, at a small loss, to save the value of the rest. And if I could sell a few the day before... If it were to happen it will all be visible by TR-1, perhaps as soon as tomorrow.
I watch with an interest but o be transparent, that interest is a small downbet I opened 14 days ago.