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I'm not in deep , have a great average and believe it will come good , one of us will be wrong and I hope it's not me.
People are buying , I've doubled my holding down at these levels as I believe in the technology and once we get a contract over the line you won't ever see these prices again.
The country is grinding to a halt again with flu / covid - this tech is needed to help day to day life.
Have we really dropped 18% or is it just the MMs moving the spread around ?
Yes that's a fair point regarding the timings of a dividend announcement, however with the rest being at best level and as the market has seen it negative then a nice chance to give us some good news.
Looking at the cash balance as well it's quite prudent we wait for payments before handing more cash out , real good price to buy at now what was it 41% returns what's not to like about that.
I've waited a couple of years now and happy to wait a couple more if needed , the longer it stays down here the more chance I have to move so money around and increase my holdings as this could easily double in a few sessions.
We are at prices where we will probably triple in a year Christmas come early if you have spare cash.
It does feel like something is going on though and has for a while with the constant trashing of the shareprice, as long as the takeover is above £1 that is also fine with me.
Oil has dropped from $96 to $77 now in 3 weeks , its the reason all oil shares are down.
However its probably at the bottom now after months of manipulation by America with the spr...IMHO we will see great returns at these prices and the dividends will continue to flow.
Silly season again being dragged down with the oil price, I'm still going to wait it out as the company is worth far more than the current market price
To think we were above 60p with no financial agreement in place and now back at 38p again shows how much damage these hedge funds cause they really are despicable.
The market will forget we have the hedges in place and we will still go down , I don't expect this drop will last long its all rumours right now and China are slowly opening back up after covid lockdowns , the supply demand gap will increase as the SPR is now also out the way.
Oils getting absolutely trashed when the Yanks come online.
What's happened as I'm struggling to understand the collapse when the SPR has ended and we're heading into winter and a few articles yesterday regarding warmer the usual weather should in noway cause a drop like this.