RE: Late buys at 12p29 Mar 2022 10:07
Sachyboo - A lot was expected of the FPSO deal. Too much.
It was pretty much a given - or the SP would be 2p!
The same will go for the paying off the bonds. It's already factored in.
The thing is, people want this tree to grow to the sky tomorrow.
Until there are a few points like - a forward plan , a CPR, ousting of 2 bad apples in the BoD, and hopefully, a continuance of the PoO(not a given!). I am not being a harbinger of doom, but am looking at this from a distance to get a broader view. It is still a penny oil share on AIM, and, until there is confidence and credibility, it will remain so. Loads will disagree, because they are long. Any negative news, and it drops 30% !
Best not to look at this HUR BB too much. It's bad for the stress levels.....
Don't bet the farm. Good fortune to you.