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Who do you think will buy the ATOM stake? Maybe PL involved puts people off. As for not making sense re valuation read your own words in the last few sentences maybe they are over valued at 150p
If the house broker could get a placing away fair play that would be some effort
Not sure you can say its undervalued surely the Argentinian business is worthless, significant debt not covered by remaining businesses?
Quite an investment in the wells considering its only $67 a barrel, I guess the range figure is so wide as they remain troublesome.
Are you sure you are still not long steven49? Given the amount of whining you do here doesn't suggest to me you have no skin in the game.
By your own admission you are not an experienced investor maybe this game is not for you. Only saying, nothing malicious certainly do not want to offend.
Think they paid 4p initially but ramped their stake at 1.85p doubt they care too much given their recent figures, maybe they just wanted to show commitment to Argentina
Write up on Argentina by Michael Stott in todays paper, did not realise Sinopec threw the towel in.
steven49 Great to see a comment with decent grammar, maybe AIM but not the wider market UK large caps? Shell Aviva BP HSBC
Not generated any buying interest I can see, there is stock on offer for the perma bulls if you haven't added already GLA
Why the need to continually embarrass yourself COV?
Agree would just like to see a bit more volume, have a great weekend
Many thanks AllinEol I have purchased a few and will look to add on volume. Good luck to you.
Buying opportunity here for a trade? Hoping the wells drilled produce and Louisiana is sorted maybe in the next three months. Obviously a question not statement.
Crikey listen to the Big Swinging D**k that is comeonvog whats your current position?
Good to see your continued positivity comeonvog are you buying at these levels in size? If so is there much stock about? Regards C
Guess the seller does not follow comeonvog
How do we know they are new buyers and not just existing holders averaging down on the hope to break even?
And why the continued overhang?
How is Atome going to be financed? I guess from new investors, will they be happy to compensate PPC holders for past bad luck? Apologies for being devils advocate but I don't get how its got a couple of agreements to produce Hydrogen in the future but poor cash generation for the last several years it now deserves a rerate! What am I missing AIE
Exxon or any major could tip up tomorrow and put the $$ on the table
Please educate me why this is decent?
Crikey AllinEol so many posts with a positive spin anyone would think you were Nikita Levine
Doc this is finished in my opinion, todays announcement and the clear push for ATOME had zero response no buyers, investors no longer listen to the management they have disappointed way too often.
Doubt they will have enough cash to finish the drills maybe that's why Levine shifted debt to foundation shares to keep it going a couple of extra months, investors have to face it, its over
Apologies FTM I know you have broad shoulders, your posts on corporate governance were spot on , PL was pretty dismissive in the recent Q and A which was disappointing. This Atome listing is all smoke and mirrors in my opinion who will buy it with PL on board and potentially a large shareholder?