Excellent posts as always5 Feb 2021 08:14
We have to all ask ourselves why we are here? The simple fact is it’s to see a return on our investments. I for one with Brent now just about to breach 60 plus, firmly believed we would see 20p and maybe even 30p this year. Now that is completely out the window.
I have traded this heavily and luckily have made some excellent gains but this deal suppresses the sp for many many months to come as they are simply adding to the colossal debt levels they had already.
This year is about consolidation and for 10k extra you do not purchase an asset that adds this for much more than our current mc.
Just like the last cash raise shareholders are being totally disregarded.