Not moving21 Apr 2020 13:36
Having been invested for many years, and seen profit but also now experiencing a dramatic fall in the value of my investment. I decided to sell the majority of my holding last month, but today have bought a very large quantity. Far more than I sold.
I was hoping to see more tankers from Horsehill, but I feel UKOG are waiting for the oil price to rise before increasing production. The share price may fall further, and am aware of the YA/Tellurain issue. However, at current levels, and viewing this as a medium to long term investment I am very comfortable buying at such a low price.
This is IMHO, and know there are many different opinions on this board. DYOR