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Let’s face it does not take a genius to work out the sp can’t go any lower - ffs it is at .85p - I bought years ago at 8p * I am entitled to be a deramper - trust me, it is not something I enjoy
So obviously it can only go a tad higher - perhaps to .95 or the dizzy heights of 1.10p. They had the chance with wressle to make us all some money and blew it
The deramper onslaught has arrived normally means increases in share price are due
Prowler, you will be waiting for a lot longer than 6 months for anything to happen to the sp unless the directors change their strategy. Any money that comes in from Wressle is immediately poured down the drain into their fat salaries and bonuses which they do not deserve at all and into over the rainbow projects that they cannot afford . The Directors think, delusionally, because of the present Wressle income, it is a multi billion pound business they are running, but it is barely surviving let alone thriving at all. The directors need to get real, wake up and smell the coffee and Change their tack , now!! They are throwing good money after bad chasing a dream farm in which will not happen this year or next. Four times they have tried and not a sniff of a farm in from anyone. Bunch of losers, fall on your swords and save the company millions of pounds a year!!
Am out at 3.5p had enough of of oil and gas industry imho
Anybody remember the Beverly hill Billy’s?,this lot remind me of them imho
Just thin liquidity
Looking at the share price now,maybe you are correct. Anybody any ideas for latest fall
I'm surprised you've not suggested HEYCO are driving the share price lower yet Hydras .. prior to making a bid ? Wasn't that the thoery with UJO a few weeks back, before the share price improved and you disappeared ? ;-) As for the company folding .. FFS, get real - millions ££'s flowing in from Wressle (30%) and will be for a long time. Like most shareholders, I do agree this 'quiet' period IS frustrating .. but fast forward 6 months and we could see a VERY different outlook for EOG with Equatorial Guinea and Inneskia both in the mix for a farm out. If just ONE of those projects comes in, expect the SP to be multiples of today's low value .. EG looks the more likely at this stage imo.
Flombo, the truth hurts, but the sp will get a lot worse than what it is now, unless changes in the Directors strategy are not put in place soon. Things can get much much worse, than the dire position they are in now, before they can get better and sp improves. The Complacent Directors need a wake up call otherwise the company will fold. They seem to have lost the plot completely!!
He/she had to move over from UJO.
You are doing your best to damp down the price of this share with your daily rants .
Bobbyb,
These talking shops are just a means to kick the can down the road and keep the Directors fat and unearned salaries coming in. The shareholders need to see positive action by the Directors in areas that are certain to provide some decent income and start to reward the investments made and increase the sp. Directors need to invest the Wressle cash into an oil and gas development that will succeed but NOT go Kite flying in the UK or Ireland or go for ultra high risk projects and ultra high cost pie in the sky developments that take years to obtain any possible financial returns. Change strategy to near term low cost easy to develop projects in oil and gas friendly countries. Listen and learn after your abject failures in Morocco, Ireland, Serenity and now EG !! All high class glossy hooker type projects where Directors fingers have been burned at shareholders expense. Will they ever learn after all these extremely expensive failures?
Thx for posting this
Hydras agree , dire share atm
Two half million share sales today , up to now, says it all about the Directors performance. Absolutely dire!! What do they do all day? Nothing positive is the answer !!
I'd like to see a share buy back, there's way too many in circulation now.
They've become virtually worthless.
I totally agree with everything you say and am in exactly the same position. Do something for shareholders for a change and buy back shares at this horrific price
Problem is as the recent attempt to change the direction of the business illustrated we are in no way the owners of this business, we have zero control over successive boards who seem to think they are on the set of Dallas. Good salaries etc, funded trips and lifestyle whilst we throw away our savings
This is simply crazy!
Are we all living in a dreamland hoping Europa will find that pot of gold?
For me it's been approx. 8/9 years now!
Complete with so many unfulfilled promises.
Many will say simply sell, but at 80% down on my original investment and the FEAR as soon as I do sell; Europa gets a farm out!!! An addiction :-(
Come on Europa lets do a share buyback and stabilise the SP!
We must have loads of cash in the bank. £1M will buy back approx. 110M shares!