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28th Jan 2022, SP 303p 🤔
Outside of general market movements the SP mostly drops on Ex divi day not payment day.
Gwm121 take a look at the 3yr chart, this stock is a bit of a rollercoaster so be careful not to enter too high. Be patient and 'do your own research'. I managed to get in with a few hundred at £45 so feeling comfortable.
Western oil Co's very much out favour in Baghdad's eyes with GKP very much an insignificant tiddler to be squeezed out, I think we are being lead down the garden path here, disappointingly being thrown to the wolves. Losing a $1b a month... there has got to be another agenda.
https://oilprice.com/Energy/Energy-General/Russia-And-China-Tighten-Grip-On-Iraqi-Oil-Crescent.html
I just wanted to ask the question, if you now have £18k in a save as you earn scheme, isn't the 2.20 price an option to buy the shares. When we're the shares actually bought?
Ex divi is today, paid on 17th Nov.
1.75p
😁🍻
As this thread is highlighting weak shares and markets in general my twopeneth question is, why are governments around the world buying up gold like there's no tomorrow. By my reckoning stability is more important than growth, atm they must avoid endemic fear at all costs. And the eco nut-jobs haven't yet realised 'net zero' can't be technologically achieved by one generation alone.
Hey ho.
The payment will be in your platform's income a/c on the 5th October or very soon after depending on the platform used. If you have the actual paper certificates in your possession it should pop up in your bank a/c.
My last buying spree was £44 to £46 range so keeping a good eye out atm. Into 12% divi territory. Most Governments around the world are under stress and out of focus.
That buy will be from the accounts clerk who has just added one of our back payments to the BACS run before ordering in some posh biscuits.
Quite a lot going on around us, not sure where we will emerge when the sandstorm settles. Far too much for me to make head nor tail of the can of snakes that is the Middle East.
Seems to me that gas is going to be high on the agenda for green credentials - ironically.
https://oilprice.com/Energy/Energy-General/New-Revenue-Sharing-Scheme-Could-Lead-To-Iraqi-Oil-Renaissance.html
Just the sort of statements I've been waiting for... All I need now is a 1000% re-rate to get above water and to hopefully stick around for some divi's. Most likely be swallowed up before then. Will try feeling positive in the short-term tho, been in this 10 years now. 🍻
I thought this one was a good read. As we know too many things need to change (that won't) in order to get this country out of this mire.
https://oilprice.com/Energy/Crude-Oil/Iraq-Takes-First-Step-Towards-Becoming-The-Worlds-Biggest-Oil-Producer.html
The way the gov are trashing the economy leaves me down 60% atm, so these are going in the loft.
Price will halve from here when they suspend the divi. On inflation the need to hammer energy costs down is paramount and the raising of personal tax allowances is essential, I fear we won't see either until immediately before the General Election.
Some of us LTH's have much larger yields to look forward to, my avg. Is 240p, patience rewarded. ☺
In my view the gas network is a valuable asset. The transportation service currently delivers methane gas, what about green (blue) hydrogen etc. when the eco zealots get their way? There are a myriad of uses for gas, it's not all about residential cooking / heating. We can't just stop using the current energy systems (Fossils) like switching a light off or we will all be in the dark without a torch.
@Andy144, if I may be so bold to ask, where do you park your metals?
Hope Tim has wizzed a 'save the date' email off to Xi.