Member Info for Bugsy911

Yup 50p help to bridge and still very odd goings on with the share price.

I will be adding shortly a few more to get a nice round number in the account.

Looking at the share buyback the company will.soon own a 10% stake of itse and its dropped the price about 40p since its started.

I noticed as well that share ownership % notification is dropping each day too so are gkp trying to force someone's hand?

At least weve been paid , of more concern to me is what we do with this ever growing cash pile as share buyback and 14% dividend haven't exactly helped the share price have they.

Oil will bounce back it always does.

I assume we haven't been paid then ?

Maybe a good thing if they keep on using it to stash shares away in treasury what they have no need for as all staff options should now be covered despite not really deserving them.

Maybe we can remove the debt that hangs over us or realise some meaningful news on field operations and attempt to he a bit more transparent and rebuild some confidence.

Sadly the only way i can see forward is to oust the puppet master himself who can't have any shame as to what's happened under his so called leadership.

Over half the company value is cash in the bank....add to it out debts owed the market caps will almost match cash so no value for assets or reserves....the metrics that rate us at this lelve will hopefully not apply when sold and our wait will be worth it.

I'd expect the private investor held shares will slowly increase from our decimation , my own holding has increased 30% since then and will continue to grow with reinvested dividends.

To be fair your probably right I know our debts owed are piling up and in past behaviour always seem to get written off and mysteriously disappear.

The lack of payments broke the company and after such stable payments for years find it very odd this sudden change of approach.

Wrong 3 were due.

2 we are owed plus the current months.

I'd also halt all work to increase output until payments are all paid up to date...were owed 2 tomorrow and will be 3 behind in a few weeks if we get nothing soon.

The company should stop the buyback scheme, preserve capital and start looking at aquiting6a licence outside of the region.

Crazy prices...1.9p when it once hit £4.50 oh for only half of that now.

Clocks ticking.. 2 payments due 2 trading days left...cheap shares aplenty and the value adding buyback continues.

It's really odd goings on that's for sure as all the positive news isnt doing a damn thing to increase the share price.

Regardless of the live market price I won't be selling any till it's either over £20 a share which I will access and review where my life is at that point or hold till its sold.

Only things are these levels is too load up.

2 payments are due.

Genl have no bridged the 30p gap we recently had before this latest drop....odd isn't it as they are not behaving the same despite having exactly the same payment issues and only 1 of us are currently buying back our own stock...its almost like a noose around our next instead of squeezing the share price it appears to be dropping it as we approach 1 year lows.

JF mentioned shareholder returns and value I personally dont see it.

4 days till month end with 2 payments due.....nice boost To the bank balance and must be the reason for this current close on year lows ?

Will we get paid or not for more excuses to drop us lower?

It's a nice share bonus getting handed out paid for by us whilst the senior players get minted.

The share price to asset value needs to be addressed its farcical how low this is , in effect 1.9p for a share that did hit over 4 quid for a while...that's shareholder returns JF not buying back stock for your own bonus for shafting us.

No cpr till fdp approved?

Do I assume then they are sitting on market sensitive news which isnt being released?

More good updates yet the sp still slides....share buy back duesnt appear to be doing anything to help and is covering most of the trading.

It cant be payment related as genl had bridged the 30p gap again so what the hell is gonna move us up ?

I've never seen anyone like it...although in do wish I'd listened to them 5 years ago as wouldn't bevsitting on 6 figure lisses lol.

What's caused today's drop ?

Other than 30% drop over the last year where does JF see that he has added any shareholder value for me as the dividends dont touch the drop we have had.

It is a good solid rns though ....where are pur 2 payments this month as they itself cover the buyback scheme.

Lucky we are buying our own shares eh... would love to wake up to the rns cancelling them all.