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To me it looks like the stars might have aligned for LBE. The deals they will be looking at now will be on much more favourable terms than they might have imagined at the IPO late last year. They have been one of the few companies to benefit from these market conditions. The only question mark is whether their financial backers are prepared to invest in this market but the Board have the experience, the pedigree and the relationships from when they were at Faroe so hopefully everybody involved sees this as an opportunity. Whilst the first deal may have taken longer than anticipated, it might result in the next one or two happening quicker than expected. Let’s wait & see.
Thanks Duster ,
Still trying to come to terms ( shock ) with the demise of Rockrose at the bargain basement price . However that conversation is for over on that discussion board .
After todays RNS I am quietly confident that things are progressing in a positive manner and the long term holders will hopefully get the news they have been expecting for some time and it will finally materialise. How they pay for it is a whole different kettle of fish but I trust the directors to do the best deal at a good price which moves the company forward without shackling it with to much debt .......
Johnny boy
Good luck johnny be interesting to see how the cash raised for a deal will be done?
Evening robs12 ,
Yes mate the only thing that has changed is that all and I mean all my spare cash was sitting in RRE and as you know now that is no longer an issue so Longboat along with a few others are firmly in my sights with a new pot of cash that needs a home .
Johnny boy
@JohnnyBoy67.
Out of interest, if your homework was done over the last month, why didn't you buy your 20K at sub 70p rather than waiting until today at over a squid?
Has anything changed news wise during that time, other than the additional cost to shareholders of the management's 'performance' options?
Hi Oilman
If you " want to buy a joke " how about .....
I bought a dog from my local blacksmith and took it home .
As soon as I got it in the house it made a bolt for the door ....
Sorry in advance
Wisha ,
Im a very superstitious soul , so no forecasts from me other than from what I have read and listened too ( malky ) I feel this is the best oppertunity at the moment, in this sector to park some of my hard earned profits from RRE into .
In answer to your question , yes I will be putting more cash in over the short term .
Not a trader just a holder .
Johnny boy
Looking good Duster. Got some RRE profits buying a joke in my pocket, not sure whether to top up here or jump on SQZ train....
got to be over £2 lowside me lol
Doing well today something's brewin
Welcome aboard the longboat JonnyBoy. Deals ahoy!
JohnnyBoy - nice buys..
Will you be buying more?
What’s your target on re list after RTO?
Yes Wisha ,
Thank you for the welcome and I can confirm 2 x £10000
Buys in the last hour were my initial buy in trades .
Homework done on this over the last month and Im confident as I can be in this current climate .
Cheers Johnny boy
Fill or kill only
Looks primed...
MM’s not taking it down to go fishing
Struggling to get a quote with Lloyd’s!
Good Choice!!
This is the next Rockrose Energy.
I’m seeing lots of 10k trades going through. Not much FF here so expecting a holdings RNS soon.
Good luck
Good afternoon Wisha ,
In short all the boys and girls over at Rockrose Energy who have now taken their profit and lumped some in here ......Myself included ,happy to be onboard
Johnny boy
Big buys been going through last few sessions..
Who is buying up all these shares?