Member Info for Bugsy911

Until finance is sorted this will continue to drift , spike and fallback as traders benefit from the volatility.

When a company has its backs to the wall as sxx does now the market and money men are ruthless and I cnat see anything here other than huge dilution for the existing shareholders which is a real shame.

So many companys do this its scandalous and should have been addressing the funding whilst the share price was way north of here.

As for govemenet help they did nothing to help xel in fact they made it worse for them forcing them to do a 2nd flow test the end result of that expenditure put us into administration and 6 figure losses for me so please be careful here.

Astounded to see how low it's been walked down again and guess what I've still not sold.

The dividend will easily help the top ups and add a few extra shares whilst we wait for a sale.

Mines arrived today almost a week late....someone else somewhere making good money from this delay.

£2.70

Regardless of the buyback and big dividend payments with huge production increase imminent it's sad to see the share price in its knees again , l really do give up with understanding why were so undervalued.

I'd clear our current debt and stop needless interest payments.

Nothing for me but took a week after dividend day last time...hopefully the market will be kind and not move the price up until it arrives.

Quite astonishing after big dividend payments and a huge share buyback programme plus being in touching distance of finally increasing production and we see ourselves down at these prices again. Tomorrow I will adding and continue to hold until its sold.

And allow us receiving dividend payments shoetly to get a few more tucked away at a cheaper price.

The shorts wont close till they grind this down further why should they the company is financially crippled unless someone gives them money , they literally are at the mercy of a ruthless bond market who will squeeze every penny out of it.

I've seen this time again on many stocks and it never ends well.

Only thing from here will be a huge dilution which will decimate existing holders , swing trade or stay away till the actual financial package and restructure are completed.

Sorry its gone this way for all lth.

Interesting debate going on ...it wont shock me to see GKP have messed this and incorrectly calculated the dividend without excluding the buyback shares.....clarity would be nice on this plus a hundred other things that we all only too well know so good work highlighting it guys.

On another note what the hell is going on with the share price...dividends payments , share buy back, inminemet production increase along with stable payments and yet it's still on its knees.

Well come October 4th will help put a bit of pressure on that short .

I believe its today and the slide is starting again....so so tiresome nothing is adding any value to the share price.

I'd agree with that as I lost 6 figures on xel who got into a similar financing mess like this.

Nothing more than a gamble here now and the government wont help Just like they didnt with xel.

I lost heaps on xel when they messed up the financing probably more than you plan to put in...personally i would wait till the financing is sorted before putting anything else in as if it gains you'veost the lot.

If it comes good the buy back in and yes you'll miss the bottom but will protect your capital.

Just traders making a quick few bucks...best wait till the dust settles if your not a gambler.

Think the writing was on the wall yesterday and some knew hence the initial drop.

Really sad to see what happened here in will wait till finance dfe is sorted then buy in here...sorry for all the lth taking a hit it happened to me on gkp , xel and afren.

Weve already dropped more than what the dividend will be since the RNS...nothing like good news to send this down eh.

You can use a theory you like for the current valuation and today's drop its laughable.

Figures are solid and in 6 months time with increased output something has to give.