Member Info for Danamic

http://www.asx.com.au/asxpdf/20091214/pdf/31mq59nftyv3my.pdf

I just bought in. Like Daytraders says: There is only a 10% interest, but the question now is how will this impact the other 3 wells due on the licence. Is it going to be a string of dusters? I bought it because I felt that with their production to resume on their other wells, it presents a short term opportunity to make alittle (not alot) of profit.

to ramped oilers when they hit a duster. A word of warning for those who think every oiler is like GKP.

I see your posts there... This share is probably too illiquid for the normal punter to look at. Probably something that someone should put in a pension and sit on for some years.

I dont know whether to trust the stats on the share price. But with only 13 trades... could be a bumpy ride.

http://www.investegate.co.uk/Article.aspx?id=200902260700169018N Your shares are worthless... and at best are an ultra high risk punt

http://www.investegate.co.uk/Article.aspx?id=20090206070033M2412 Looks like the court is giving Oilexco a chance to organise their affairs either to have a orderly sale of assets or in the belief that they can continue in some fashion.

Perhaps there is better news about securing a longer term financial bridge.

Ah wait, the 40p already happened. So its unlikely anyone buying today will get the special dividend since people are already selling off the stock, and are just hoping to get some unknowing people suckered into the idea that they get the dividend too.

From what I understand... and if you look into the history of the company sp. Special divident just means that the day after the ex-date, the share price will fall by roughly the divident amount. So expect to see these go to sub-10p in the next few days. This is the second dividend paid by this company, the one for 120p was in mid May. Just look at the corresponding drop in share price.

The 6 for 1 consolidation seems to have happened today. Just for those of you like myself who are watching it and thought "HOLY SH*T 400%" whilst punching the wall for waiting to buy in. Seems to have triggered some sells, hopefully they realise the situation.

@jamesession: I dont think DGO have any problem with Artio. Artio just decreased its shareholding and had to notify them. As you said, perhaps just to realise some cash. I dont know Artio's position, but the great thing about DGO is that they have no debts and have a healthy bank should times get harder in the future. @jonamacg83: Does seem strange that trade, especially when its out of trading hours (I dunno how accurate the timings are). Perhaps someone is just recognising that the commodities being hit hard today give a nice long term prospect. I know Ill be buying up a few tomorrow with the view to medium to long term.

http://www.dragonoil.com/News/RNS_Announcements/RnsNews.aspx?id=24&rid=1997584 Interim report. Some promising news in there.

I am a total novice at trading, so what Im about to say is probably all wrong. Whilst your enthusiasm for the stock is infectious, I do alittle research and am soon slamming my cash back into my (old) kitchen cupboard. http://www.galiform.com/archives/2008/2008INTERIMS.pdf Out of the July interim results, there are a few things that really jump out at me. - EPS dropping from 7.0p to 2.4p from 2007 to 2008. - "Based on current market conditions, we are not paying an interim dividend (2007: nil), but will expect to pay a final dividend unless conditions deteriorate markedly." Obviously the interim dividend is not a usual occurance, but I feel the final dividend (0.5p / share for 2007) is under threat in these market conditions. I come from a working family. Their greatest concern is not how new their kitchen looks like, but what itll look like if it goes bare. Perhaps there's a real opportunity for some great capital gain, Ill sit on the sidelines, watch it & perhaps miss out. Can't win them all. Ill go put on my flame-proof jacket.