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Answered by Saratosa
Thank you
Had just said i was in rockhopper aswell , and there sp was catching us,
Also rkh no where near us as a company
Thoughts / opinions
Thanks
Which was answered.
What did it say ? Must have been something they didn't like.
WHY
I had some salamander at the time of takeover, oohr was about £3.40 at the time, I took a hit on those to, crazy dayz
It kind of reminds me of meltdown of 2014/15 where some stocks were crazily undervalued, I remember seeing pmo at 19 and thinking has market gone crazy.Current environment reminds me of that scenario.Having said that Ophir was sitting on pile of cash at that time and could have bought cheap producing assets at that time but did not do so.I think they bought salamander energy and spare money was used to buy back some of the shares from market.
I have some of these in a isa @ £1.40 I thought that was a keen price at the time, be lucky to get my money back there,
Sorry wrong link
https://www.fircroft.com/blogs/the-top-pre-fid-lng-projects-to-watch-83302614404
https://uk.advfn.com/cmn/fbb/thread.php3?id=40953386&from=14343#firstpost
Somebody still thinks the project is live!
OPHR is producing and undervalued against the net assets it has...RKH is not going to be realising any revenue from its Falkland assets for some time...and the Med asset in Egypt is really just there to keep the lights on until Sealion is a goer...so my money is in here. I suspect that the lack of a permanent CEO in place for OPHR is contributing to the lack of news and direction but hope that this vacancy will be filled soon given that its been a good few months now that they have been looking
Typically no news is good news. Tend to believe though that the price action indicates the opposite which is its lost. They might be able to hash something together but clearly time running out. In any instance the business has not stopped and other things should be happening but without any official rns on anything this just gets whipped- BOD don't seem to care however
I understood that the fall in the share price was linked to the writing off of the Fortuna license. I read that it expires at the end of the year. Exactly what the outcomes are I'm not sure: 1) it expires, so the SP drop is appropriate as time ticks away 2) someone takes over OPHR and funds it quickly...time is slipping away for this one 3) it gets funded for development internally...maybe they're desperately trying this one 4) the license is extended...only likely if 2 or 3 is a believable near future scenario Am I near the mark at all on this?
People selling for the sake of selling, this does nothing but drop so hard to blame them....
Value here, but silence deafening
Why sell now? makes no sense
Agree, really bad management. No excuse for the share price to be here.
Can not believe this share price,
Rockhopper is going to take over this share , producing nothing like Ophir,
Which is the better of the two,
Opinions and logic please.
No point in defending a SP that is in total control of the BOT's.
Our little flurry the other day of +6% has swiftly been crushed. I think the board are fully aware of our company being played atm
Remember frustratingly selling here in 40's thinking what a stupid price this was then. Now at this price it is simply astonishing that Ophir management are allowing this to happen and refuse to say a word on anything to stop the constant destruction of share price. Market still does not like Fortuna prospects presumably and i would argue if they had just written it off months ago the share price would probably be in a better place now with the producing assets being centre stage? This is still a 25,000 bopd producer unless anything has changed- with a reasonable balance sheet. You would have thought the new guy would have at least had the sense to deliver some news on the numerous assets Ophir hold and mount some kind of defense. Not seen anything quite like it
"Who am I to claim manipulation..." clear as day imo Ginoir.
Been going on for months and months now .... opportunistic offer on its way imo.
Who am I to claim manipulation but I say "fill your boots!" - it shouldn't last long IMO....
Dunno m8 but its not unusual, seen it many times, perhaps it got misplaced or something?
Can some one explain why 9th november sale , showing on charts today
Thanks
A better day thankfully, 6% rise, if this had a rise of that 7 years ago that would have been more than the existing share price. Never see those days again.
Being hammered again today .... BOT's, don't you love them...... too many blue days, so they wipe out all the past few days hard fought gains
3 blue days in succession yet still only 34p, slowly does it.