I've been ill and just logged on to see we've dropped from 6p earlier this year to 3.3p What have I missed? Any reason for this or MM's up to their usual tricks?
As expected this the share price needs to be revalued, but why not higher? More assets, more oil, more profit. This share has along way to go and when it goes it'll be like a rocket. All aboard and hold on tight.
Thanks neon and Chesh. You have cheered me up. Been in this share since LGO and been trading a little with it. 20p is only 1p in old shares and even then I won't break even. 23p will be good enough for me to break even 50p and I'll be very happy.
I am waiting and wanting this share to bounce as a LTH and with alot of my money in this share I can't afford for it to drop. I don't like seeing my investment go down. We were 7p at one point and yet the price is dropping. I'm gutted that the price has fallen and continue to wait for the reward from being patient.
I've been waiting and all I see is this share going down. When are we going to hit Black Gold and see a return on our investment? More shares being issued to pay bills WTF This isn't looking good.
Just a theory, I believe we are seeing the MM's trying to clear up some shares that some holders might have a stop loss on. This share is due to go up (imho) and it's just a case of being patient.
I have been in Cerp from the LGO days and will not sell at these low prices.
I would like to get more shares at sub 5p if the chance arises.
In the past week I have seen the price of fuel go up by over 10p per litre.
Why is this share so low?
Could someone explain why MM's keep shorting this share, surely they are just a bunch of thieves trying to steal our money.
Looks like water is going to be used to increase the production and get LGO's revenue up.
Then time for more wells. The oil is there, we just need to get it out the ground.
I've been a LTH for years and have held for this.
I can only hope that this rumour is true.
Anyone else have anything to say on this?