Listen to our latest Investing Matters Podcast episode 'Uncovering opportunities with investment trusts' with The AIC's Richard Stone here.
The run up to close of business tomorrow should be very interesting with two RNS on Thursday. There will be a real FOMO factor.
Can anyone explain why there are so many small trades, surely they are not worth the trading fee?
Possibly 3.5%. Work out the value yesterday and then the value today and do a bit of maths.
Love it SK. What happened to:
You're doomed.
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Doomed, I tell you. (now including you!)
There are three options for this "world class" oil field. 1. It will be nationalised. 2. Pemex will draw all the oil from it through their neighbouring block. 3. It will be sold for a pittance because no International oil company will want to work with Pemex or the Mexican Gov.
To have some faith in a Company it is a good idea to see how many on the Board of Directors hold shares. Beverly Smith and Richard Chaffe, the Executive Board have not bought any in the last five years. Four of the non Excutive Board bought some at the end of April around the 11p mark. This does not bode well for decision making. I am an holder but I have no idea why I bought into this Company, fortunately my break even is low teens, give me 14p and I am out.
Member for a month, 400 posts, none worth reading. Filtered.