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The over cooked drop is a sure sign something big is going on ....
One last chance for the shorting crew to get out without massive losses before news hits at mates rates..
I continue to hold and in hindsight would love to have sold at 63p and rebought here at 46p however we unlike some are not in the insiders club and will wait for what could easily double from here in a few months.
That's the laughable part of it all the hedges are here to protect the debt and should create a bottom regardless of the oil price movement.
Something very odd is going on here and I also wouldn't be surprised at a low ball take over.
Good to see us back in the FTSE250 although as yet it hasn't managed to stop the wild things in the share price.
Even this morning twice it has swung almost 2p up and down, always amazes me how quick it falls compared to how long it takes to rise.
Luckily we have our hedges so when oil drops passed $78 then maybe we will start going up....
Crazy really how they can move the price around considering we were close to going under they've managed to get it into the 60s then and back down to 20p..loaded dice for sure however I'm confident the Kenya news within 6 weeks will make the current price look like a bargain.
I'm in.
They need a prompt for sure.
52p right now this is utter madness we we're higher before the re-finance deal was done !!
I really hope the next update for Kenya goes down better than this one its been a horror show for the share price.
I had a sell price quoted at bang on 8am for 63p...and did not expect us to be at 55p...back to waiting again and as expected oil drops at the worst time possible for us to compound the day.
Frustrated yes, selling no.
We we're at this price without re-financing and oil around $70 ...tomorrows update I do hope is a good one and we get a huge re-rate which is long over due....our recent average selling price of $86 should be a little glimpse of what is ahead.
I'm in for more today - got an average under 1p finally so that is lower than our leaders options which he wont want to miss out on.