Was only a small factor in the retrace. It was the usual rise to news and results to the Market's expectations. Of course you got the usual scaremongering, but to me it looks a decent company, but needs to sort out it's PR this end.
Quite, you don't go from .05p divi to 5p, then nothing. They appear to have the business model but not the financial advisors, but then, they are provincial.
Were in line with what the Market expected, hence the rise was already factored in.. If profits had been significantly higher and a divi announced, then it would definitely not be down now. Usual case of rise on rumour/news, sell on announcements. Still a good company and should recover.
Way undervalued, look at the past RNSs', where the BoD has asked why the sp s so low, they are obviously not familiar with Aim and MMs involved. Wouldn't be surprised if Ali Baba aren't looking at it.
XPL floated in July '13 and hasn't made an investment yet. It was looking for O&G companies then changed when the oil price fell. It has been suspended for 4 months to raise capital but now looks on it's way out. Was tempted this morning but HL weren't trading this, may be worth a punt. GLA