I'm deep in losses yes but after our decimation it's not a lot of money now certainly not the 6 figures that it was and like you I'm going nowhere regardless of price movements and will only ever add.
My double up price is 50p , wish i had done it on the last drop but will make sure i do this time , slowly building a nice amount here since I started to re-buy on the JF leaving news (wish he would go now).
Just under 2 weeks till the shorters either need to sell out or add more putting further risks on themselves as the company continues to align with the debt reductions from the start of this year.
Lot's of green on the message board again so the negative folk don't bother replying i wont see it , hope you lost the lot with the shorts you have open.
I think its realistic it hit 67p last proper bounce so would expect similar again , no reason at all for todays drop just usual market games before the big news lands.
This is why shorting should be banned even when it goes against them like yesterday they just throw more millions at it and swamp the stock which in turn stops growth and starts a slide.
You only have to look at PMO who suffered it's own lender doing it to them without even disclosing it to the market and the fine by the FSA is pathetic in relation to the costs .
It will get passed 23p and 40p in the coming weeks just need to wait for the now known confirmation....still priced to fail right now and a great opportunity for anyone not invested.
I won't be selling anytime soon , long term hold with £1 target.
Just an amazing chance to buy at bargain prices should be up and away with the news that's on its way although looking at the share price action today you would never tell.
It will make this price and more in did this prior to passing the RBL , oil price was lower, cost cuttings weren't implemented and total deal was still being negotiated.
It will get held at various points on the way backup but that's where it's going .
RE: The massive news late Friday was this19 Oct 2020 10:03
Id agree with this and surprised they are letting us in under 20p.
If it wasn't for the pmo rights issue 40p would be in easy reach rather than having to double but expect us to hit that again this year just need to wait
No those invoices haven't been settled or even mentioned by our wonderful bod how we intend to pursue them.
Maybe we can flip our current debt to the krg as it's similar amounts and they can worry about the 10 million coupon payment rather than the interest free credit they get from us.