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How do they get away with hiding these trades until the end of the day? Dirty tricks.
It’s good to see them, even if they are delayed! Hope to see many more, then we may see the SP move too?
Its in a dire place if you purchased at a higher value
Its dire because it does not truly reflect the value of the company
its dire because when I look at it it depresses me :)
IMO is was dire at 15p never mind 11p.
No movement on SP, which Is bad given the dire place it’s in.
they can drop the SP by 30% and then leave it there even after pumping more oil than expected. II's are likely sick to the teeth of this lot (as are many PI's it seems) and it is reflected in the current SP. I was hoping for a bit of a recovery back to 15, unfortunately, it now appears it's going to keep going lower unless they pull a big rabbit out of the hat! Fat chance.
If they don't buy, I suspect, unfortunately, we will be hedging back below 13p which is criminal when you consider we were at 15p and have discovered twice as much as we were expecting to report with N sand discovery!
To be fair we should be back at 15p with added value for the additional 300bopd, so I figure we are wort hat least 18p just now and still well undervalued. Just hope the keep the news flowing up to Christmas and we could see 20p, hopefully more.
JTD, the board and management are failing in their duties across the spectrum, playing with investors money to sort out a playground disagreement. They should be held to account for their actions and the current SP, however, none of these institutions whom presumably paid 25p appear to be coming forward as pressuring the key players, hence, the demise continues.
I agree, we have something that is worth a lot more, but the question is when are we going to start to see this come through the SP? Personally, I very much hope before the end of the year and, I'd like to see 20+!...for starters. GLA
AMER made a loss of near 24min 2015 and the SP was over 20p. Oil at $40+ or so.
Now making 60m with cash in bank oil $80+ Oab pipeline + all the rest and you can buy the share for 11p, how does that work?
Heads up his own A.
"‘At 15p, the share price had nothing in it for the N sands. So, while we would have expected shares to go up if there was a discovery, it does not seem to follow that it would go down when there was no discovery made, as nothing has been lost in that sense."
A lot of confidence in the company's ability to find oil has been lost. Obvious failure on the managements part leads to 18% drop in SP, that's what share holders have lost. "Nothing has been lost"...a totally daft comment!
I suspect we will be stuck at this value for sometime. Very poor result.
The management of this company need a good kick up the A IMO.
My thoughts too.
All automated, must be an algo designed to keep the SP down?
About time it moved up IMO.
even tho Brent still rising. Plenty of sellers, few buyers. Curious. :/ Must be said, I am still hopeful for positive outcomes from this company. No more delays in drilling program and positive outcome for each well will be helpful, I hope.
This is going down or not moving. Look at the other oilers, flying. There is something a miss with this lot, I'm in but not over joyous with the performance of the SP given the production and stated increase for this year. They are not doing a good job of getting this company recognised. IMO.