The latest Investing Matters Podcast episode featuring financial educator and author Jared Dillian has been released. Listen here.
Good find thanks for sharing... how do you get your broker notes out of interest? I always try google but doesn't throw anything up normally
Funny how this morning on both the apps I use the bid was 22p yet my 25,000 share purchase was completed at 22.5p the bleeders
Quick... someone buy £50,000 of shares and send it soaring then !!! Pleeeease
I said I wouldn't do this because of my exposure already however I made a decent amount trading tullow this week and have purchased another 20,000 shares today in SDX.
Theres more cash in bank, better free cash flow, 2 x drilling campaigns and a potential take out bud coming. Buoyed by better management in control and the recent director buys.
I Had to average down to get any uplift to protect against the worst potentiaL outcome being an uncomfortable 30p takeout bid in the next few months.
I got done like a kipper on Ithaca by delek under similar circumstances so couldnt let it happen again.
GLA
Not a chance... this is getting hammered now..
Neil showing his naivety by not raising capital at 160p. Now there will be massive dilution when funds are needed next year and the share price heading down towards.... where? Probably 20p again
Nice... obviously amazed the game changing announcement had no effect !
Wow it’s ticked up 2.5% .. I think I need me a hot drink and sit down !
This merely relates to the recent round of fund raising.
I posted on here a while back that we absolutely need to vote down resolution 2 and 3 otherwise the company can simply issue shares to whoever they want without consulting shareholders. My experience on aim suggests we will end up like all the other fledgling miner with billions of shares in issue and no chance of getting in on the fund raising
Crazy right... not sure what's going in here but it doesn't seem right at all
impossible to call until there is some kind of fllor set and new broker notes issued on the stock imo.
Basically the last time it wa 44p was 2001.. not a chance of calling a bounce until the order book settles down and day traders do one !
a sale of non core assets and a bit of success with the drill bit will see this rebound very strongly.
Oil price is $64 and they projected FCF of $150 million per annum at $60 oil. I feel oil will settle at 70-80 bucks next year which will also improve the outlook considerably.
Didnt think the update was that bad to be honest. Gold is slightly higher as well!
I think the sign was a few years ago when the CeO offloaded a lot of shares. Tends to lead to a change in sentiment ..
I think gold will do well next year and with the volume if oz they expect it's a hold for me..
The sale of Zama and repayment of a substantial amount of debt will see this zoom up. Free cash flow will be increased vastly as well as the redemption deadlines no longer being an issue. Oil is still subdued at this price and margins are better than they were years ago so still happy to hold.