Member Info for barnetpeter

Closed at nearly the lows. What do you get for your 34 million mkt cap? A fraction of the expected flow, a bit of cash that will be needed to drill and well....that’s about it. Horse Hill has crushed so many private investors with its “biggest field in the U.K.” and life changing hypes. Similarly echo and sound and FRR and so many others that have gone broke and disappeared this year and yes it’s so easy to dream. I could just smell the bull **** here and the shorts are again celebrating with champagne tonight.

Just keep losing money on this dawg. Soon be 5p as the reality sinks in that this mkt cap is crazy after this poor rns. Pump it and ramp it ...desperate losers need to get out with a loss. Those who paid 14p plus will hang on to your every word

Yes because it was at a crazy valuation of nearly 70 million based on hype and ramp and not a single fact. Here we are with a pathetic flow rate that might fall and with plans to drill sidetracks. Just plans. All fair enough at a modest valuation of 3p plus the cash...which it was earlier this year. But at 35 million valuation? Mad. You can loads loads of companies with many times this production for a fraction of this price. Over hyped and misled punters are looking at big losses now

Why is this worth more than 20 million £? I don’t see it after these results. That means a fair price of 5pence and the company has got a lot to do to justify that. Talking about other drilling producing just a few bpd is not going to justify a valuation of 30 million plus

There is the 8p I predicted time after time and the poor results. Over hyped and no wonder they got that placing away. Big overhang remains. The desperate will say it will recover and buy more...their choice...and we have seen this with angs this year from about this price. That has crashed to 1.4p and next stop here is 5p

not looking great here. The late deals were from last week and were sells I think. Woodford trust selling a few maybe.

I think this has further to go although I would not put anyone off having a small punt at this level. I just think the mkt is not currently interested in loss making growth stocks. This did hit over 10p last week ...a good profit for those that sold out....so at some stage this will rally

Sold yesterday on that somewhat bonkers rise. Got cash and a great product but a big loss too and very competitive mkt. definitely will be back here but see no reason to hold at the moment. Results out, deals out, loss made. A fall in revenue. Volatile stock that will fall back to around 5 to 6 p. All imo.

yes indeed. This would replace the current lot. I think it will be very close and both sides will be buying stock next week. I think stock is in short supply too. It is of course an EGM not an AGM....

177,500 total. Voted OUT

HOPE all PI's have voted this useless bunch OUT!

An extraordinary general meeting of the Company (�EGM�) has been convened for 11.00 a.m. on 26 July 2019 at Gandon Suite South, Davenport Hotel, Merrion Square, Dublin 2.

I added at 20 and 22 and will add more when I can. Bargain price and it went to 76 just a few weeks ago. New money raised and directors buying at near double this price. Hard to see much downside at this type of price. One for the patient. If we get news on oyster on a deal or something then you double your money and more instantly.

Said it was a good punt a few days ago. Big names here and might see this go up to 0.7 which is where I sold before. May go bust of course...punting money only!!!

I bought some at 0.28 but wont add until we get clarity here. The previous rallies have been good here...but this does not feel right and the usual twitter crew are not pushing this either this time.....maybe they have been made "inside" because of a placing.

This is looking so weak and is falling away daily. Broken below key levels now and that usually signals either a placing on the way at a big discount or insiders getting out. No buying interest at this level....the bears are very much in control

Bought a few more today to average up the ones I bought at 1.3. Amazing number of times I have bought and sold these. The highest price I sold at.....37.35p on 8/9/2017. 34.83p was the second highest on the same day. I remember I was reluctant to sell any as I had bought into the dream. Then I realised it was just a mirage. Maybe in two years the price will be back there....who knows?

No interest in gun at the moment...buy and hold here

I had over 20k in this when it hit 8p intraday. Fortunately I started selling. The huge placing at just 4p was then way over subscribed raising ten millions plus....and 18 months later the stock was nearly ten a penny. So much money has been invested here. Thanks to a bear on afn who was proved right every time I have survived this dire shambles. My last sell was 0.7 and that trebled my dosh after the last big rally here. Bought a few the other day and added a few today for another punt. Target is 0.5. Very much punters only here; I have been very lucky not to have lost a stack of cash here. Others are playing with big stakes here of 2 million plus so well worth a gamble

Worth 2p I reckon. New money will want to wipe out existing equity holders...they always do.

Really like this little company but sold out much higher because I am fed up in general with all these discount placings. Not just with this company. Many Holders now need 50 to 70 per cent increase just to break even. Too much. Will be looking to buy some back at around 8p and will add more if the market makers push it below the placing price....which they regularly seem to do at the moment when the discount is so high.