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My small top up buy order just triggered.
I was hoping they narrowed the spread, I hope I don’t regret it
Seems a little unloved at the moment ,if you cant budge the SP with a good RNS ..............sooooooo i am out.......50 % down
Moved it all over to Tullow to average down there..........just my opinion but i can see Tullow up 4x before Lek...........could also regret the move, only time will tell
Might be back if Tullow bounces enough before Lek moves
GLA...................
EZHIK, Just to ensure I am not misunderstood , I would certainly not endorse staff reductions , at this time a business continuity plan would be obviously key, so ’great‘ in terms of LEK believe they are in a position to navigate these tough times going forward.
Shame did not mention any BOD taking a pay reduction to support the GA costs, jobs etc or how they were going to achieve the reduction, guess annual report may reveal more.
LEK have a foundation now to build on this RNS, improving sentiment and updating the shareholders on the outstanding news (within allowed guidelines if in a closed period)
7M jan
Lift in March
Otakikpo JV update
Survey vessel 310
New roles
Scandal update
Any funding
Hedging
Etc etc
So much could be done , guess right now focus is on operation fundamentals , now would be a great time to have a programme on releasing RNS at strategic times to boost sentiment and SP, also use social media something in my opinion that could be improved, but as a high percentage of shares are held within the ii and BOD they may have this info it’s just the PI left trying to work out the jigsaw.
Anyway good day to all , GL
I would have thought a positive impact on SP might have happened
I thought there may have been a little “sentiment” positivity jump in the blue, maybe after the confirmation of the 7M ?
I wish the spread wasn’t so nasty, I might have topped up
Maybe they do listen to shareholder concerns . Timely & good RNS far better communication Not easy for anyone at the moment hopefully LEK come out of this situation better & stronger organisation , every chance with these assets to eventually be a very viable oil & gas production operation.
Happy to hold for the foreseeable & wait for market cap value appreciation .
Good luck everyone .
Pleased and very relieved !
No mention of $7M and March lifting ?
Presumably all OK .
VGLA .
Great news, like this statement..... finally....
" inclusive of a reduction in staff numbers. The Company has commenced the immediate execution of these measures"
Hopefully not!