The latest Investing Matters Podcast episode featuring financial educator and author Jared Dillian has been released. Listen here.
We have bottomed out around this level pre news. Has moved up fast a few times, just hoping next news is solid. Then back towards the .3s I know not much to write home about but it’s a start. Pqe starting to get more buying volume again, that looks like the real deal. Hopefully isn’t sold too fast as that can give us a lot of liquid cash for our own assets and future business.
Don’t think anyone disagrees with what you just said. Exactly what I’m hoping they’ve done, wanting to see some board additions and any new additions to put their own money in to show some confidence. Otherwise I’m not bothered, don’t want these board members who only take a pay check.
I stupidly bought 3x 1.5m blocks at .84 oh I wish I could have got that money back.... that average is way lower than most I know. Getting back to .84 doesn’t seem too likely in the shorter term, if at all. It’s all a guess at the moment, no review update. No idea what’s going on...
Need a proven O+G man onboard now to utilise these assets. Shame we haven’t done anything on the Gonzo wells at all considering we did a sudden raise for them and haven’t heard anything about them. Hoping Pqe gets a move on soon, which at least that should sort out any short term cash issues. Just need some good news, we know the breakeven is incredibly low and margins on every barrel is good. Just get on with it!
That’s happened it’s clearly only valued as a shell which as we all know is ridiculous so value buying at these levels
Of Kate Nibbletons today. Still a lot to be done but maybe that’s finally bottom.
7.4m buy on nex and 5m on lse. Hopefully some good news
I believe we shouldn't all be focusing our frustrations on Helpful, hes in the same boat as us. He didn't expect the share price to be down here, what we all need to do is exert more pressure on the board to perform. 7 weeks and counting this review has been slow, CW 3 month period is closing is rapidly, hes got no leg to stand on currently after these previous 7 weeks, hasn't created any value whatsoever. Time for him to get things going
Helpful, do you agree that a major issue here is that the BOD isn't aligned with the shareholders at all, they own no stock in the company at all. How does the average punter know they are working in our best interests. CW promised to buy stock, yes he may be in a closed period but we have heard that far too often now. Actions speak louder than words, he needs to act on this.
Yeh agree with all that!
don't be daft
That makes sense, how would the money be distributed straight to Mayan? That be a handy bonus
As I getsit says isn’t much downside unless dilution but with 1000 Bopd to sell and looks like blok sold we should have money for the next few months at least
agree and with the pressure on there backs I imagine it will probably be positive a lot is at stake for them.
if we could get an Rns Monday on the review, the bod have been out in texas.
why would they, they know they can get volume at a massive knockdown then resell it easily higher. Soon they will offer more, a lot more buying appetite down here
today have been buys, been a lot of buys today. Mms trying to make them all look like sells don't be fooled
Currently over 4.6 if they can get stockdale sorted makes that also an extremely valuable asset. Things look like they are slowly all coming together. Finally
on Nex again, last two times someone did it an Rns came. Hopefully a third time and a positive Rns.
Found another operator then must be ready to start work on FH. Yay