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i agree 3cardbrag - every time I have topped up to average down, it plummets, locking me in further.
I picked up a small amount at 7.8p thinking, maybe, just maybe, we are at the bottom and there might be an opp (pre-dillution) to make a small profit. but no. the day after, we drop.
like a wishing well that doesn't allow wishes.
"However, there must be some point where it's worth buying back in or adding. "
I thought that in September at 8.8p. One of many top ups over the years following a drop. But it always ends the same. The SP continues to drop.
I regularly self-flagellate with a thorny branch as punishment for not getting out a few years ago when I could have actually made a profit.
No-one makes money in this except the directors
anon3 - "However, there must be some point where it's worth buying back in or adding."
i hear of some who are watching and waiting - none of whom are cognisant of the history here.
tapped the markets one too many times.
That's harsh, Bigsmoke.
Vog could be a great investment at £20 mill if someone could help drive demand.
Ok, the demand obviously isn't there atm, but I wonder why that is?
Anyway, whatever, it's hardly ramping.
I feel for anyone massively down though.
However, there must be some point where it's worth buying back in or adding.
I just can't see it yet. I don't think this is a zero and am watching.
wounds too fresh here.
I wasn't ramping, merely attempting at a bit of sarcastic humour. Clearly failed.
"Cameroon has a lot of gas; I mentioned the idea with ..."
no sh*t Sherlock. must be something in the air over there.
reminds me of Foo waking up and thinking "energy wells", now there's an idea.
don't worry about the hard earned of all the investors that have been ripped off.
"invest" not "buy" - ramp somewhere else.
... and where I wonder might they be able to pick up a circa £250 - £400million asset for a mere £20m?
https://www.investiraucameroun.com/gestion-publique/1211-13553-apres-l-hydroelectricite-le-fonds-d-investissement-africa50-interesse-par-le-gaz-et-le-secteur-aeroportuaire-au-cameroun
The head of Africa50 also added: "Cameroon has a lot of gas; I mentioned the idea with the authorities to try to gasify a little more the Cameroonian economy, because gas is a transitional energy. We have the ambition to invest in Cameroon when there are projects acceptable to us.
Africa50 is an infrastructure investment platform launched in 2014 by the African Development Bank and 28 African states, with an initial capital of 830 million dollars (nearly 490 billion FCFA).