Has purchased shares nearly half the value of the entire market cap and he is still buying. Not one ii decreased since mid December despite a fall from £2 to 10p.
I still think is being worked for a low ball the question is would 30p be accepted I think it might now.
It won’t be long 2.45 to 10p with Sammy hoovering up shares. Trade the swings but was the upward trend is confirmed let it ride and forget about it. 140 million mc is 3x less than the fire sale value
Minimum once the rbl update drops, so many options Uganda, Kenya sales, cost cutting underway, fantastic hedges in place which in my opinion is the most critical factor.
RE: Covid Corporate Financing Facility (CCFF)31 Mar 2020 09:02
Pure gym and Carluccios are you serious this is an oil company worth 9x less than their asset value, 250 million in cash, 130million in net profit in 18 & around 200 million in 19.
This is not a retail restaurant establishment that has been struggling for years to turn a profit.
130 million quid market cap for this company is ludicrous
Your post was absolutely ridiculous there are 67 million people in the country and at least 40% of blue/white collars & self employed workers are now on the furlough scheme after one week!
Imagine if we are locked down for 3 months many businesses will not survive at all. More people will die of poverty related illnesses than will die of Covid across the globe.
If you think anybody would wish this on anyone you are clearly not playing with the full deck! common sense must prevail and bojo let this get out of control just like his so called capitalist business model with his hedge fund mates such as crispin odey profiteering from this utter carnage.
How can a family struggle to feed their kids or a business not survive longer than a week after trading for 30 plus years the answer is the masses are just an inconvenience.
Don’t believe everything you read in the media and open your mind!!
12 million what on earth are you on you need to stop
This will be worse than 1989 and 2008 put together if we are locked down for longer than a month. What companies can sustain a period of no revenue for longer than a month?
Us youngsters will be paying for this forever and we already have next to no disposable income at the end of every month as we are taxed to the hilt.
On the poorer we get each day. 1 million die of the flu every year, how many will die from poverty as a direct result of these lockdowns across the world.
A massive number of families in the U.K. can barely afford the next mortgage instalment and a third have not one penny in savings.
Has been reached £120 million mc never in a million years. To be honest it cannot go any lower as even a fire sale would bring 20p back to shareholders.
Net profit in 2018 plus I am anticipating a net profit of 200 million plus for 19 and we have at least 200 million in cash and paid our debt obligations for 2020 already.
Btw where is Norma it is so nice to have a sensible bulletin board back