roofslate1
Nice to hear a voice in the void :-)
What this company needs is someone to take responsibility and market aggressively the products in the pipeline. I know Rome wasn't built in a day but more pro-active info would give investors on the sidelines confidence to join. Once this takes of I'm sure it will be massive.
Regards
A case of to many cooks perhaps?, a lot of chopping and changing in recent month's .
This has got to be the most boring share I've ever invested in.
Am I the only one invested on this site!!!
Haha,if I could predict that I'd sell all my other shares and load up. Personally I think that the way the oil price is falling then a cheeky acquisition could be on the cards.
Regards
The way I now view this is that we have three scenarios in play here
1) return cash back to shareholders e.g. 4-6p
2) due to low oil price pick up a very very cheap acquisition.
3) find a partner to farm out the cost of further drilling.
All are win win IMHO.
If len does go and we all get a cash refund then lrl are still in the frame( shares suspended at the moment ) and extra focus on this share. Worth a punt !
Now feels like the management are going to take the brave decision to wind up the company and return cash back to the shareholders.Further rns to follow quickly.IMHO.
Good luck all.
Peter450
Read the rns, they are saying that as an option they may return the shares as cash back to investors. Estimates of between 4p to 4.5p per share speculated. Four.
Gla.