Member Info for azeus

Another holder here, have no idea what is going on. Just have to wait and see, was thinking 2016 has to be better, oh well 2 weeks in and nothings changed, still drifting downwards. GLA :-)

1 sell trade and the whole price goes down. Shame it doesn't work the other way around, I'd sell mine for 50p and the price goes up... Wishful thinking. GLA!

I don't understand why the directors aren't coming in and buying more shares at these prices.

Still such small volumes in trades, nothing we can do really, just have to wait for positive news.

There's no point trying to make sense of the daily rises and falls on such small trades. Just waiting for news/updates with new wells going forward. Would be nice for investors if we got quarterly updates, to hear nothing worries me.

They had to... http://www.lse.co.uk/AllNews.asp?code=t6orc700&headline=Shareholder_Group_Must_Reduce_Stake_In_Ruspetro_Or_Make_Offer_ALLISS

66M+ shares sold today!!! :-o Looks a little odd.

Hopefully, we'll get some good news following the AGM on Tuesday 9 June.

Good positive news!

Don't get me wrong, I look forward to the day the opening bid is 37.5, then we'd be getting somewhere :-)

It's nothing chewy1. Every morning before the market opens, above on this site it states... Share Price: 11.75 Bid: 0.00 Ask: 35.75 Then as soon as it opens, ask drops to around share price.

Looks like 2015 is going to carry on with the rises and falls on no news. I was shocked when I looked at sp today, looked like we were holding steady at 15.

Other meat pies are available. :-) gla!!!

It's nice to see some buys again.

eyesblue, I would have thought you would be first I line ;-) Mr Optimistic!

Even if the Restructuring does proceed, Shareholders should nevertheless be aware that the Company’s oil and gas production would need to increase substantially above current levels in order for Shareholders to receive a return on their investment.

True, but thinking about the possible outcomes and assessing the probabilities, surely could help make a decision to take capital now, rather than risking losing everything if they cease trading.

Page 17... IF THE RESOLUTIONS ARE NOT PASSED AND THE RESTRUCTURING DOES NOT PROCEED THE GROUP WILL TAKE IMMEDIATE ACTION IN ORDER TO CONTINUE TRADING, HOWEVER, THERE IS A HIGH PROBABILITY THAT THE COMPANY WILL NOT ACHIEVE THIS, IN WHICH CASE IT WOULD BE HIGHLY LIKELY THAT THE COMPANY WOULD CEASE TRADING, MEANING THAT THERE WOULD BE NO VALUE RETURNED TO SHAREHOLDERS. ACCORDINGLY, IT IS VERY IMPORTANT THAT SHAREHOLDERS VOTE IN FAVOUR OF THE RESOLUTIONS. Is anyone else worried about the possibility of the company ceasing trading?

I don't like the sound of that, it all sounds worrying. Always knew it was a gamble, however first time I've thought about selling and taking a big hit with the losses. I still can't believe they haven't done a deal for the gas, didn't they take one of the wells offline for this very reason, surely if they could get a deal done for the gas it would be an easy gain to increase production.

The News updates or lack of them don't help. It would be nice as an investor with an interest in the company, to hear of regular updates i.e. a monthly average bopd would be nice for a start. Would also be nice to see other directors (excluding Alex) purchasing at this price, the fact they haven't makes me wonder 'do they know something that would change my opinion or outlook for RPO?'.