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Crazily undervalued at these prices but I like the Company's strategy emphasis of returning value to shareholders. That's what the institutions want to hear. With Fortuna still hanging over it, it could stay at these levels a little longer but eventually value will out! Who knows, if they could pull a rabbit out of the hat with regard to Fortuna, it could seriously fly. A takeover is also not impossible.
Takeover target if we stay this low imo.
BOTS controlling the SP, been like it for ages now. I would hope its to build a position, and see no reason why it shouldn't be.
Why are there so many?
Just bought in, hopefully good point. GLA
Target selling imo, for those who want lower entry.
Ophir are looking at issuing dividends next year, so fund mgrs will be all over this.
SP will rise once they have had their fill
Don't lose your profit m8
ATB
Dont understand the selling.
Good read
This is so undervalued
Should be double this sp in next 6 months
Its looking promising, hope we don't get the usual afternoon sell off.
Today's the day, and with a bit of luck that will trigger a march on 50p
Will this be the day that we put the 43p behind.?
Thanks, a must read imo.
http://www.valuethemarkets.com/wp-content/uploads/2018/10/Company-Report-Ophir-Energy-FINAL-1.pdf
Also note the relative strength of OPHR vs peers, again today... (or should I say former peers, given the undervaluation of OPHR?)
Am prepared for the long haul here but SP stability this week, given what has happened to others, has only strengthened my faith....
Yeh, Jefferies have 65p on this, that'll do for starters.
Lol, single share on the bell, buy !!
25-Oct-1816:29:59 42.85 1 Buy* 42.6543.000.43
Surprise, surprise - back to yesterday's price !
Some nice bullish comments from Jefferies on this, they've upgraded to a 'buy'
This has been pretty resilient during the market downtime. Shows interest.
FTSE now showing some green as is oil. Wouldn't be surprised to see this work its way back up
But its having another bash at it.
It doesn't seem to like the 43p.
....we would really be flying! Almost all other oilies are properly in the red today...
Hi LC
Yes ok here had small top up last week
Still got confidence in the Logic
Missed your numbers input
Hope all ok with you now...
Still cheap as chips.
Very high volume for the first hour or so .... nice +5% rise on the back of it.
Disguised 'A' buys atm ! hummm