Member Info for Beachbum101

Indeed, it's like a decent update *at best* keeps the share price level, but someone in the company only needs to fart and the share price just tumbles.

Anyway this just means I'm buying more

This share is like one of those on-off relationships where you constantly split up, get back together split up...

Wish I could just dump it forever and delete it from my memory but the temptation here is that, with an mcap of £2.7mil, it could really fly on the right news. Could being the operative word.

It won't stay down here forever - no, I agree, only until the rerate which will occur after the next inevitable placing

Exactly Scandi

At a certain point, like it or not, the dividend becomes unsustainable given the track record of this share over the last few years.

Incredibly disappointing performance even with all macro factors considered.

Yes I have to admit I dropped a few this morning too, about 25% of my holding

Thanks Gb1, let us know what they say...

Until the slush fund runs a bit dry then you can bet your backside there'll be a placing with some nice comforting phrases such as "to ensure drilling can proceed" and "we are working tirelessly"

I'm afraid, as much as he seems to be a nice guy, JA has a constant record of failure. And before someone pipes up with "he's put another £80k in", given his performance over the recent years I'd say that's the absolute minimum. Remember this company has been around for a while, compared to other AIM peers.

They're going to have to consolidate eventually, no?

Riskingit - indeed perhaps it's been friendly as a certain someone, not to be confused with Ferrari1947, is conspicuous in his/her absence!

Can I just say, this chat board is like a breath of fresh air compared to the usual mud slinging insult-fest that many have become. Proper, mature responses, apologies, advice and help.

Keep it up folks!

Just seen that GLG are also shorting SMS which shot up 40-odd % yesterday

Those folks at GLG Partners must be taking some interesting substances to be shorting this

Yes they don't seem to be under any illusion that they've underperformed and not made the best decisions. Actually fairly refreshing to read rather than blaming everything else.

Wow.

Really genuinely feel for everyone that took positions here when it was 200+

There should be prison sentences handed out for **** like this

Use some of these 'ridiculous sums of money' to entertain yourself with some hookers or something

What a sad way for it to end for what was once a prosperous outfit

Spot on stockdale - I remember 'umm'ing and' 'arr'ing just before C19 was a thing. My own complete lack of discipline ie. putting off doing some research because I was lazy and making excuses, meant I avoided buying stocks just before it broke out. A few months later, many of the same stocks cost a third and I was extremely lucky. I suppose time is the factor that will smooth all this out.

If it goes to 350 with dividend suspension then great, bring it on. Buy buy buy. Anyone that plans to be here for more than 5 minutes will be pleased (FWIW that is not what I think will happen at all)

Those of us with a 10+ year plan will be able to retire off periods like these.

Neil,

Whilst I don't fully agree with you, it's nice to see you at least present your arguments with some background info and reasoning. At least you're open to debate. So many of this chat board things just descend into mindless name calling etc

Good luck with your investments

I would suspect a fair bit more than 3.5p to be honest, though certainly not more than 10p.