Member Info for barnetpeter

Bid very weak with just one mm at 1.35 on L2. May easily fall below 1p to around 0.8 or so. Market has given this a big thumbs down and will keep punishing this stock until it becomes clear that any monies is not just going to directors etc and to keep the lights on. Won’t be selling the few I have left...at a big loss...but whether this will still be around in a year? Going to be tough to raise money except at silly prices that will dilute the price substantially

Sharp fall continues....a lot of expectations here and if the fall in traffic is correct then results could miss targets. Very competitive area. I have been bearish on these ....sold out at 40 and should have gone short.

I don’t think jan has ever done a good deal...which is why the share price has collapsed

93per cent down in a year, placings galore at any price, no idea where the cash has gone. Nothing achieved. Doubt this will be here in a few months....bad investment by me

I don’t know if this will break the 20p level but if it does the 15p level beckons

Nah. Maybe when this was at 15 or 20 pence. But 3p? This is a dawg and no one has any idea what is going on. The next placing is perhaps just around the corner to fund this “amazing new project” but I doubt anyone is left here anyway apart from the fully committed

Price still went up though

Got in at 25 but still folk are selling at 24 and a bit. Why wait until big contracts and then sell at nearly all time lows??

Looks like it. Three placings in short term and still seem to have no money. I bought some at about 0.45 average and am still down nearly 50 per cent so I hate to think what some of you are down. All I seem to read on here is they need more and more cash. Not one of my better investments

I don’t think all is lost. Bloe has a decent future. You will need to be patient though. This could easily slump to below 7p...only 9.5 bid now so just don’t watch it every day.

The price is falling away. The chart is dire, there is such an overhang here. Raising 12 million was just too much. I thought 10p might hold but now I am no longer sure. The stock has gone up a long way but all this money being made monthly...I am not sure about that. Nor is the cash previously held still there. Hmmm...I hope this is not just another ramped up oiler. We have had so many recently. Please don’t reply if you are a ramper desperate to get out a break even or just desperate.,,intelligent balanced views only

All mine went today for a fair profit. Good decision by the company to concentrate on the key asset but boy have they blown some money out of the door. Huge bonfire of cash..for me it was just a trade from 2.5p. Good luck to holders

Pi’s hate to be realistic. There were two 30k sales late I presume from the placing. The price is near the placing price, the chart is dire and holders from 4p are selling to lock in profits. A huge dilution here with an overhang of a hundred million extra shares. The presentation mentions a year period...I don’t remember seeing that. Some of the most aggressive on here seem to have disappeared and sold or was it their job to try to get folk to buy so that the placing stock could be dumped? No point anyone getting upset with the price..it’s the way of the mkts. Without news I now see this falling some way yet and certainly to 10p or lower. I would not rule out a sharp fall either. Look at echo ....all the support of Sound plc, at the time the next big oiler and FTSE candidate we were told. Raised 50 million dollars and money was poured in. A year later just a fraction of the price. No one knows where there is going in a year ....but next week it is going down imo. Sorry about that. Be careful with all aim Oiler’s and don’t trust anyone...especially on these boards as they will tell you one thing and have a different agenda.

Mind you what a disgrace that a company can raise new money and make lots of promises and then decide to take the company private

I bought these in the placing at 1p and sold out at 1.6 I think. Had a small punt today ..not going broke and we might see an offer or the delist might not get a majority

This was going below 10p levels and then the 8p levels I said and got slagged off for my pains. Here we are at 3.5p with a new BoD being rather evasive. I don’t think there is anything here myself and a price below 2p now beckons. Goodness knows what the next results will show. At one point I had many thousands in this stock....the story sounded so good. The Weald was going to make us all a fortune....anyone want to put forward a compelling case why I should be buying these again at this all time low??

I hold both.....It looks to me that Zen is actually way ahead of Bloe on the drilling front. Maybe Bloe will try to buy a stake in the near areas.

Either way it got leaked a week ago. My view is that Bloe will struggle to hold above 11p unless there is news. I bought in today below 12p but I think that will be easily available tomorrow as those who bought in the placing look to get out. It looks like a row behind the scenes so I see a fall tomorrow.

BMD has been right on all these placing calls ....very useful in fact.

True indeed....but like generals even rubbish directors sometimes get lucky

I expect 10p tomorrow....a lot of that is cash and only a fraction of the price a year ago