I know it is different but similar in that they have a huge asset underground that is in short supply but no plan to extract and monetise. Also in good awful cold places that have restricted working time. FML had 20bn of assets in ground but with no plan to extract it is worth diddly squat
Not good enough to keep the SP flat. With poor overnight US and APAC sessions am guessing an initial spike followed by drop. Would have preferred a small divi cut as still not clear how they will address the grow8ng debt issue
RE: Only share down in my portfolio08 Nov 2018 09:37
Question is - do they know good news and manipulating down for own interest or is it bad news and fleeing.
Not complicated - that is the choice people have to take.
All these people on here thinking they can influence the share price of a FTSE 100 company by posting drivel(positive and negative) are either very sad or do not understand how trading in a company this size takes place. I doubt the collective share holding of ind on here is greater than 0.001% so not po8nt trying to influence.
Just share views but refrain from the drivel or go onto the Aim boards if want to influence
RE: Yesterday’s buy and sell volumes23 Oct 2018 07:43
Please do not trust those figures. I have thought that in the past and followed a company down to 0 looking at figures like that every day. There is not 50m extra shares just sitting there ready to be bought - someone needs to be selling the same amount.
Last time I tracked like that lost a 6 figure total convincing myself the mm’s were playing games
I am in no doubt that there is a huge value in the ground. No one is questioning the numbers - the only important question who will extract it and will current PI’s realise any value.
RY adding to numbers will not help now. The last two finance deals suggest it is not easy for them to attract blue chip finance houses so unless anything has changed surely we will be adding a new deal with another shady bunch which will cost the small PI’s
There are too many people on here with rose tinted specs(me included) who have ignored the negative posters in the past. Need to read all posts - talk of filtering is just childish and naive