focusIR May 2024 Investor Webinar: Blue Whale, Kavango, Taseko Mines & CQS Natural Resources. Catch up with the webinar here.
London South East prides itself on its community spirit, and in order to keep the chat section problem free, we ask all members to follow these simple rules. In these rules, we refer to ourselves as "we", "us", "our". The user of the website is referred to as "you" and "your".
By posting on our share chat boards you are agreeing to the following:
The IP address of all posts is recorded to aid in enforcing these conditions. As a user you agree to any information you have entered being stored in a database. You agree that we have the right to remove, edit, move or close any topic or board at any time should we see fit. You agree that we have the right to remove any post without notice. You agree that we have the right to suspend your account without notice.
Please note some users may not behave properly and may post content that is misleading, untrue or offensive.
It is not possible for us to fully monitor all content all of the time but where we have actually received notice of any content that is potentially misleading, untrue, offensive, unlawful, infringes third party rights or is potentially in breach of these terms and conditions, then we will review such content, decide whether to remove it from this website and act accordingly.
Premium Members are members that have a premium subscription with London South East. You can subscribe here.
London South East does not endorse such members, and posts should not be construed as advice and represent the opinions of the authors, not those of London South East Ltd, or its affiliates.
wtf
Should have bet on red rather than black
another step down
mm's taking the pi** as usual..........
1.6 of the cashflow......income tax paid!
Irene, who said they were loss making in Q3 & Q4?
100m traded, and still we don't have the foggiest what's going on :0
Net assets were 12m at half year, currently our shares are valued at 9m.....according to the financials it's undervalued. Whether it's a dog or not is more of an opinion than fact. Agreed Val is a dog.......
Wow even 27000 sells at .10...a futher drop to go it seems...DYOR
not so indi...Val is the biggest dog on Aim.........
"read it clearly....is says $8.3mil in cash AND LIQUID ASSETS (ie OIL)" That's not what liquid assets mean, (I'm not sure if that was a joke or not), for anyone wondering it means assets that are easily converted to cash, such as some bonds etc, not stock. In this case I believe it related to the 2.8m early repayment of a loan which they can utalise potential. Although there is doubt over on another BB if the company that was repaid early would be in a position to reissue the loan.
Undervalued? Are you nuts?
This is the doggiest dog share of them all and it will ONLY disappoint you.
Half year - net assets were 12m, I'd expect that to improve in the full year results. This is undervalued imo unless someone knows something that's not in the public domain. Imo
where is he ?
Maybe investing in the lottery would have been a wiser punt. A lottery winner could buy this company and still have change for a ferrari.
This can not surely do a Cabot and halve from placing price can it? Its got £8m
right now
"Where are you Looking? Buys far outweigh the sells."
And yet the price drops, spooky eh.
I am just grumpy, I thought we had turned a corner. Apparently not (yet?)
NT only on Halifax at the moment?
Still not seen 400m-600m shares appear to fuel the heavy buying that rrl has had since the placing. Placing shares were expected to come to market today so after hours trading might be interesting. Unless they were actually selling placing shares at 0.12p with no spread (so sells reported as buys) and new buys at 0.12p at the same time on placing day last week. Mind you for everyone else the sell price was actually 0.11-0.1185p throughout the day.
Total output in the quarter to June was 60,376 barrels of oil or 663 per day on average, though production rose to more than 800 barrels per day in the second half of the period.
also looks pretty positive to me........
At 0.11 I can get...
On the positive side volumes are way up on normal and the spread has narrowed.
So the increased activity may help this recover.
Broker rating back in March, so given the news last week over due for a rerate.
I'll hedge that the next rating is more like 0.3p
yep .....0.20 ...is possible .but the broker target 0.70