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Trust fund, I have immense sympathy for you and your situation.
You have 2 problems.
You have lost a large amount of money playing with something you quite clearly don't understand .
And you have an addiction to internet stock trading.
Not knowing you personal circumstances, I don't know whether the loss is so big you have severely damaged your life and relationships .
Addiction to internet stock trading is well recognized and common, especially amongst young men.
You need to face up to both of these realities.
TODAY.
Stop looking at the CPI share price, financial news and ALL online forums about shares. Including this one.
Get professional help.
You are an alcoholic whose liver has failed and is becoming jaundiced. But in your case the addiction is stock trading and the jaundice is insolvency.
Not accepting this reality is part of your addiction.
I was you 4 years ago.
You can escape from this nightmare.
Every trade is a buy and a sell.
If you find yourself posting an opinion trades and their significance, please, please, please contact your local Nationwide building society and ask the nice lady who gives advice to take all off your money and keep it in their safe.
Shareholder have received nothing. What happened to the dividends we were promised years ago?
Nigeria gets its gas, and the lenders cream off 13.5% on increasing debt.
I'm starting to worry that AK will walk, how long have we waited for his promised refinancing of the debt?
Going concern warnings are ominous.
Niger is fecked, C&C is f3cked and SS is a complete basket case.
I'd happily take 20p just to be rid of this utter car crash.
Flash sale on this morning
Thankfully the share is suspended.
Much better than expected figures.
Will see a significant re-creating.
Why the tardiness in sp recovery?
Yes, the sector is presently unloved,
But, the assumed double whammy of the placing and Handyman Crispin should have delivered a nice 'V' shaped recovery.
What have I missed?
The placing RNS suggested the need for 50 million was a reflection of shareholder caution, rather than an urgent crisis.
Montara woes shouldn't hold back a forward looking stockmarket.
Vietnam looks outstanding, and the 200 million, RBL will see it happen.
The consensus amongst PI investors is that this is a bargain.
So am I missing something? And if yes, what is it?
Interesting if Odey was the forced seller, they had gated some of their funds, so selling must have been an issue.
And it was unlikely to have been solely retail punters on the buy side.
Given the volume of trades this week I hope we will see a few holdings announcements to explain what has been happening.
The recent placing will tend to cap any rise, but I wouldn't be surprised to see the share price back in the mid 40s, now that the flash sale is over.
Rare that the retail investor gets to load up at a 20% reduction in price of something that was already discounted to ensure a successful placing.
A most interesting few weeks, and possibility quite profitable too.
Odey are a major shareholder.
Having previously had a hands on approach, it's rumoured that hands off is currently the rule at Odey.
Several large investors have been pulling out their funds, could this explain the recent weakness here?
Are AIM oil & gas shares exempt from IHT?
I have a vague recollection they are an exception .
Every trade is both a buy and a sell.
On one end of that trade was an Oxford maths whizz, smartest guy in Singapore High School for really smart kids, 15 years trading experience in BlackRock, backed up by 6 other nerds who are paid 100,00k a year to research crypto stocks.
The other side of the trade is Kevin. He spends several hours each day staring at LSE and porn on his phone, whilst work in an NHS hospital back office.
Smallcalinvestor
How is the weather in Lagos?
It makes a change from writing 419 letters.
It is clear now why you are here.
Savannah is coming for the stolen assets, you will be losing the apartment, the sportscar, the girls.....
Back in the gutter where you belong.
Chad/Cameroon acquisitions. Our risked NAV and price target rises 2% to 86p – Savannah’s re-rating still has a long way to go
It could make a start by turning around and going in an upwards direction.
Where are the holdings RNS releases?
Nice little contract giving a 5% increase in gas sales at no capital cost.
EBRD have stated no NEW O&G investments.
Gas is currently being rebranded as green in the EU.
They are in no hurry to offload here.
They had just 25 million shares left on the 10th.
Likely SENX broker was facilitating their unwinding with the buyback?
It might take another week or so to clear them out completely.
Then we'll have fireworks.
Come on JA, drop a positive RNS.
Hadron dropped below 3 % holding on the 10th, so we will hear no more from them in future.
They have just 25 million shares lef
We now have a second poster claiming to have knowledge of the RTO structure.
PaulCurtis who stated that he was an insider.
And JCEP who says he has participated in the equity raise and knows the price and value.
Assume PC's insider claim also relates to the equity raise, anyone else want to put their had up.
I feel like the last virgin on the school bus.
10 year extension on Niger
Pity AK wasted the past 3 years.
Disappointing a further delay but better than a plugged and abandoned RNS.
High expectations now.
I'm sorry for your losses Biker.
It does look as if the market is recovering from Omicron hysteria so hopefully you will get a good price.
I would avoid the FTSE100 as it is dominated by odd sectors and too few stocks anyway.
Put most of your money into a big global ETF, and don't look at it for 10 years.
Poor SENX is getting a real kicking at present and probably overdone.
If and when that changes, who knows?