Member Info for Bugsy911

It's been manipulated now in quite a tight range for 18months and on the face of it appears very undervalued.

A takeover wouldn't surprise me in the slightest and as long as it's above £1 I would be happy to take that and move on.

Strange time to open a short when others are closing, winter approaching, spr release about to end , opec confirmed cuts and us with 2 huge company changing deals on the horizon.

I can honestly say I hope they get absolutely rinsed.

Nice price to be picking the stock up at this price when the dividend lands on Friday.

Should be next Friday depending on broker you're using.

It's what I expected from the silence.

Back to the bottom draw till we get contract news.

I'd say its certainly going to be in the .2s tomorrow if no sales or contract news.

We've almost halved again so load up and sell on the next 100% spike.

Mistake I made was only selling half at breakeven last time should have been the lot ...I did have some glimmer of hope then.

Another who is happy that the deal is off, let's get the Kenya deal signed and move forward alone.

It's just a matter of waiting out the SPR realese which only has 6 weeks left to run then the artifical manipulation should stop,the market will also know this so the bounce from here should be pretty strong.

Dividend landing soon which will help here.

Some bargains around today that's for sure, hopefully it will stay low for our dividends to be re-invested and not jump back up , all the extra shares in my pot are valued.

Oil price drop, I've taken advantage though and added today with more to come when the dividends land which will return more when we get the next payout.

It's a shame we hardly go up with oil yet any drops we just get ground down further.

How much longer is the artificial SPR release going on for 6 weeks is it ?

Amazing how that's been forgotten isn't it.

I'd be far happier investing in actually proving our field size up over the fdp but I guess that doesn't suit the agenda since Kozel left.

They simply can't seem to make any progress despite amazing tech.

I sold half on the last spike so are not hurting like I was however its as frustrating as I've ever known they simply have to get some contracts over the line.

Absolutely correct it's being used to try to control the price which is only going one way when the real figures and shortfall happens.

They cant take it down quick enough can they ...

Have to laugh whilst we were closed Oil was surging to $105 and we had a shortage.

2 days later we are down 15% and the world economy is falling apart....someone's making a lot of money on these wild swings, I will just sit and wait until our Kenya deal and merger are completed and sitting above £1.

Genl hasnt been hit as hard.

We were £2.69 when I last looked has the oil disappeared ?

I sold half my stock on the last rise and will probably remove the rest from here on the next.

I've always found these sort of deals suppress the share price regardless of what the news is so think this is the last straw for me really ...never mind we might here some actual news 1 day.

It's the same everyday someone has a vice like grip on the share price.

We've 2 major updates that will change that with Kenya and confirmed merger both which I'm sure will happen quite quickly of each other.

Not worth the risk looking at the press releases today, feel sorry for everyone caught up in this even a debt for equity swap now might not be possible.