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Trolling everyone ( opening the bb on a quiet day with “no one has the guts to write”) ... then subsequently trolling anyone who bites (Lex first today) and not me “personally” does not make you not a troll or stop me from pointing out once again that you have trolling issues.
can we not encourage it iamnotanal ? ... though of course arguably any response to a screen licking troll is encouraging it.
I’m happy to hold, not expecting anything other than drift until sentiment improves post virus. There is more upside to come IMO
Soberman, you are also conspicuous by your presence when the SP is going down or stagnant. You seem to take pleasure in telling everyone that is what is happening.
Whatever it is, maybe you should get out now if you think there may be a profits warning, or, anything else that may spring to your mind.
Hi Soberman. Sorry but I haven't got much to say, the share is just drifting as it normally does. May I ask what your average is out of curiosity and also your target?
It took you to 'get the ball rolling' the board into a trolling an abusive $hitfest as always Soberman ... please just sell the rest of your holding leave the board to not mental people.
What a load of old Tosh Soberman
Yes soberman there has been a warning , they have warned profits will double this year and after the acquisition the profits will quadruple with a 100% increase in the dividend giving the stock a 8-10% yield. Apart from that the sp is falling. Frustrating I know but be warned. Lol
Just the week oil price I think soberman,I thought we were going to crack $60 but it didn’t make it, so retraced back to $58
Macro is dominating the share price moves at the moment.
We await news about the company...we have a dividend to come, drilling and field life extensions as well as fields/companies being bought potentially.
If you worry then follow your heart and get out with your money.
No there has not been a profit warning, why would you say such a thing?
Yes naughty ! May just even things up for a few days
Happy to hold firm with both though
ouch ... over 30% discount placing on TXP. Nice of PB to drop that after hours.
To be honest Spawny I think it could be win win either way ! GLA
Lexicon that's exactly what I did re RRE into TXP with a view to coming back into RRE later. I sold out of RRE and went in very overweight TXP now have average 23p there. Trouble is now I'm loathe to sell and TXP to get back into RRE!
One day soon General all that unrestricted cash will be spent in exchange for 20000 boed and we shall all be happy
GLA
With an SP 75p less than unrestricted cash I think we’re entitled to be a little disappointed lol ;)
Soberman I agree. It’s annoying ..... only if your looking for a trade or 10% to move on. If you look at the traits before the marathon deal then RRE bored the c rap out of investors only to give them 400% gain few moths later. Hold for gold chap.
Dana had you considered moving your RRE into TXP for a short while before moving back
I had - but think that’s playing with fire
Would hate to move away and miss the big deal that’s round the corner
Spreading risk - I’m not moving. GLA
Dana, assuming the next 2/3 tests on Cascadura go well RRE would have to take on an uncomfortable amount of debt to win this race. Although both under valued at the start of the year there were more uncertainties with TXP.
My post from the start of the year;-
RRE race against TXP28 Dec 2019 17:44
I am happy to be an investor in both RockRose and Touchstone, both have done well for me in 2019.
My dilemma is where to get the balance as at the moment I am 40 percent in RRE and 60 percent in Touchstone.
Short term I can see TXP moving ahead, but struggling to predict where they will be relative to each other by the end of 2020.
Any opinions?
Prices at start of year RRE 1870 TXP 22.25
Price now RRE 1830 TXP 46.75
RRE worth 97.8%
TXP worth 210%
https://www.youtube.com/watch?v=HPUBbCpSam0&t=1087s
TXP definitely edging ahead.