Member Info for Bugsy911

Its odd isnt it as a share buyback if this volume and 15% dividend payments should be putting the sp under serious pressure yet we seem to go lower the more good news we get.

Production up , payments made new CFO in...and and cant shift from this level.

Another fedup of waiting...just had the conversation again with the kids on these rotten shares I hold and have them both held to never selling them as until we are actually sold i cant see anywhere like fair price being achieved in the open market as the last few years have shown.

Only a matter of when not if.

Don't we also have a distressed buyer in the company itself?

If they continue buy backs they will be a majority holder.

That's a fair reply ****eye, its shameful wgats gone on and probably even worse now under JF.

What can we do about it as all our constant gripes on here dibt achieve anything.

How can the company deny the existence of this study when it's out like this?

The figures being mentioned are the reason we are all here so why isnt this formally disclosed to the market? Surely they are withholding market sensitive data ?

You wouldn't tell that looking at the sgste price.

We all know what a farce the reserve figures are and the damage that first cpr did which started the decimation of value here...wecwere parked at around £1.44 of old money then.

Share buy backs , bonus dividends, even an increase in production have all conspired to send the price down and were struggling now to get above what in effect is 2p.

I really dont see where any sale will come from that will suddenly pay multiples of the current share price.

Lucky we got paid eh guys...the buyback will be getting a few extra at the levels.

After this Rns I'm confident payments will continue although when oil price drops again no doubt we will follow it down.

If DNO and Genel have been paid we will be shortly which is good news.

Any idea on how much as production has increased and likewise the oil price.

You've sold out so move along.

Had ISIS at the door and still here and we will be once this latest flare up settles.

Feel for long term holders with this news, as you can visit out any losses with this deal, the vultures are circuling that's for sure.

Even dilution and a long wait is better than selling everyone out.

Thanks Mikey , so the ibvuiys question is would you be able to identify the whereabouts three shaess have gone with an updated copy of the updated register?

Hardly tanked I've seen it drop almost 90p at open on the court case news which was yet again another rebuffed attack on the company which we survived.

Our day will come and all this deep does for me is allow a few more to be added at a lower price.

Thanks for the reply Mikey, regardless of what they have to declare with a formal rns will the new holders not show up on the share register? They cnat have gone to nobody and an increase of this volume should be easy to spot?

It's good Tom as someone who has a lot more money than me can see value in buying 10million shares at this price.

So when will we know who the new owners are Mikey will they have to rns he purchase?

Yes its s good thing as the shares are now safely away from the market.

Yep weve found where gkp are getting its share buy back from i really do wonder who was selling such volumes in a controlled manor as it wasnt the pi base.

Have no choice with my current losses other than wait it out and buy on any weakness.

Critical for us is this January payment as this escalation will be another good excuse not to pay us and we shouldn't have agreed to the delay in the first place.

Was looking good first thing what happened more good news ?

The share price and company valuation are laughable.

Nothing is adding value and even the buyback isnt putting any value back...no idea when a rerate will ever happen as were still just 2p of old money which hit £4.60 .... so one value was seriously way out.