Relax MrG it's only retail selling now with every movement of the spot price. It is frustrating I know but if it makes you feel any better I am 90% of my share PF in this now and quite happy to sit it out. Eric pulled a master stroke with financing this year on a 6% coupon... In hindsight that was genius! Not happy with the take over interest announcements but sometimes you have to flush the poo out to get rid. It is a lack of patience that is the devil of this share.
Viable - sorry my level of technical knowledge is limited but I know when a business is being run well and that the grades are great alongside the potential.
The man who sold at a loss ..preaching no doubt about how lucky he was.. except I haven't sold anything and won't until it is only profits not losses I am getting ... SOLD AT A LOSS!!
RE: Whos the big seller? sub 9p incoming ???7 Dec 2022 14:36
oh please don't quote him as that way my filters don't work as well.... the poster is a clown who only pops up when it suits a narrative. He is clueless hence banished to the green bin.
Its all about sentiment and you may learn that the longer you are in here. On the plus side the costs will be falling alongside the oil price and so margins should be better its a case of sitting on ones backside and just waiting it out..
This share is always killed by the spread! Always the same with market markets creaming in large commissions and keeping the spread wide to maximise fear and greed. Compare this with CEY on live pricing and that share with similar volumes trades at under 2% spread..it is frankly a scandal and I've e-mailed the company to get onto their broker twice now with no response. Eric cannot bemoan the SP valuation when the MMs act like this..