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Or at least not lose money...
So if the placing was to cover the blow-out costs, why not do a share buy-back when the insurance money is in and show some real confidence in this company.....
At these prices they could make a profit.
With a MC of £13m
28% of ATOME MC £28m
That leaves a value of Molecular of £5m
Am I missing something or is this a complete basket-case????
Appears to me that PL has lost interest and doesn't care anymore......
I've know idea if this share has any future.
As predicted consolidation only gave room from more downward pressure.....
Need a reason to hold onto my shares, but struggling to justify it.....
Where's the vision????
Who has no idea what the master plan is for this share is.
No real meaningful updates
PL gone onto radio silence
Consolidation allowing the price further room to collapse
Cannot see any real vision for oily company other than getting out of carbon based energy......which is what are.....???
Come on.....get a grip....
My Grandfathers both spent 4 years in the trenches in Flanders to come home to the Spanish flu and grinding poverty.....
World's a much better place today, not perfect but better......
We really don't know how lucky we are.
Mind you, the share price is pathetic, but have patience, value will out......
With the Government putting pressure on the big oilies'......
How about Shell or BP taking out Atome and President for the green wash/non-Russian power source thus responding to the Government pressure not to use their massive profits to give shareholders a big payday, then spin off/sell the Argentinian assets.
Must be a possibility?
May explain the sudden jump in Atome's SP
I'm at a complete loss as to why the SP has dropped today?
Yeh, Yeh,
Buy on the rumour.......sell on the news:
'This is AIM'
250million share hangover:
Profit taking:
Share price manipulation by brokers or other 'dark forces'..........
None of which explains to me a 15% drop on what is obviously a superb RNS
Not going into the minutia, but who was expecting any more than was revealed?
We have solid assets, top team in charge, no hint or requirement for fundraising or share issues, a mapped out path to enhanced assets and profits and the hedging was a blinder, not to mention the POO now and going forward .........nothing I can see to spook the market............
So what am I missing?????
Nothing happens without a reason.
Don't feed the troll......??
From the March 7th RNS.......
" significant increase in activity in the North American oil and gas sector,"
Now why mention this in the update unless it's material?
Tells me there's corporate activity occurring, no other reason to put it in the update regarding the CPR...... and RNS's are always very carefully worded.....
Will you all stop feeding this Troll.....
He's obviously a complete dick.
From his blog.....
Nothing to add, good news and Sea Lion must be a banker at $90 which for some reason Harbour have ducked.
So where's Atome's working capital, income and investment money coming from other the next couple of years????
If in mid 2019 the price of oil was around today's price and PPC was about 7p what was so much better about PPC then as opposed to today?
If you assume the Covid crisis sentiment is cover by the oil price (reasonable) then 7p should be achievable unless PPC is in a much worse position.
If it's in a better position then what price?