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so? I am still convinced it is not going to go bust doesn't mean I will continue t hold it just because I don't think its going bust, I have seen opportunities elsewhere to recoup m loss quicker do you have a problem with that? just because I said I wont sell yesterday does not mean I can not change my mind, I am free to change my mind, I don't fall in love with shares like you im afraid
Well in for a penny etc,I've made the decision to say the distance,if it goes it goes,this was always a long shot,but still could have done without the loss if it goes,would mean losing 50% of my gains this year,shame, well back to the drawing board,least the tax man knows what he can do!
Impending doom and gloom. People assuming the end is near without the facts. It normally means it's either time to buy or the bottom is near. We are now seeing the last stages of investor despair, all hope gone and bearing in mind that a lot of the market is about psychology and sentiment I am convinced we will soon see a bottoming out or a bounce. Witness stocktrade as an unfortunate example. Late yesterday he was convinced it wasn't going bust and was not going to sell, early this morning he has been willing to take a £10k loss. Enough said. Well oversold.
This share is done. All over I'm afraid. They have debts they can't repay, oil they can't get out of the ground and a managment team who have sat idly by in the last 2 years and watched over the company tumble. Receivership incoming.
at a £10k loss put into lrl good luck guys
on the 19th February @ 4.62p the FRR sp dropped below the Kumo (Ichimoku chart). It was DEFINITELY a sell then. In fact it was a sell on the Ichimoku chart before then when the PTR sp was over 5p. Any company will high borrowings and insufficient cashflow to cover those borrowings (pay the interest and re-pay capital on time) is always at risk of going into administration. LDP is just such an example (that's before it re-surfaced as an investment company).
Your post timed at 17:04 is just plain wrong. If you think the 250k trade @ 3p reported after the Mkt closed at 4:41pm was a buy then think again!! It could just as easily be a sell from much earlier in the day. Another trade (202.5k) reported as a buy today by this site was actually timed at 12:58pm YESTERDAY. It would have been a sell. The biggest trade today was for 327,746 and that was definitely a sell
thats have the current market cap. i might look at these after the next placing
No it's not going bust but it could suffer from huge dilution if production is not increased. They got to pay 12.7 million debt early next year...it's a high risk share after all .
hi betty things will come good in the markets soon
ok good luck. i dont think any1 can be sure that that this is not going belly up. they will need more funds to pay down debt in the short or medium term. the last placing was at 5p and a 30% discount. i dont see a farmout as they cant get the stuff out the ground. 30 wells drilled and only 2400bopd
I do not think someone has any idea about bad news as we have seen some big buys and not many big sells , this is rather small investors closing positions and taking the share down ,and PTR is nog going to bust , no way with assets they have got , just my view .
Thanks but No thanks, as dibs says this aint going bust makes n sense selling now
Add to that the news on rrl today will make rmp a good investment
hi. have a look at rmp...plenty of cash in the bank
Would tend to agree with you. I just cannot fathom this share. Can only assume taking it (the SP) at face value that we have bad news on the way and someone has been filtering out in advance. I'm not selling though as I think that would be silly now. This ain't going bust and its worth a great deal more than this for what is in the ground so I'm sitting tight and riding out the storm for better days lol.
I think this will continue to drop until good news comes , if share broke 3p it will drop more as this was a psyhological barier.
im down £10k here was thinking of selling at a loss to buy lrl still thinking aboiut it, domt think ptr will go bust, they havealot of assets but I am losing patience
I own both these and BUMI,so dont get me started,I remember the heddy days of people saying 10p by xmas! Well I'm still here,I'd be happy now wth 6/7p by NEXT xmas,Ive give up watching what PTR are upto and just pray within another 12months I can get out with my shirt still on my back,I've got alot more faith in BUMI,OK the shares are suspended but the fundermentals are there,its Indo,its par for the course there,backhanders and all that,anyway GLA.
Bumi has been suspended on financial irregularities ptr has no probs just a production rns no reason to suspend this
suspension where did you make this up from? on what grounds will this be suspended the fact that its a producer?
could be bottomed at 1.5p from the chart. Any TA expert?
Share price suspension may be on cards
Well what can you say!? Two VERY large BUYS today. But we STILL seem to have a seller? I mean what is f*cking point at selling at this level for what has to be a loss? Doesn't make sense because this company has assets worth WAY above this price so would be bought out than go bust.
at 1.14...where is the botttom,come on ptr bottom out and stop worrying us all....