RE: Re : fcw12330 Jul 2018 20:28
Thanks Rainbow.
Just checked some earlier posts. I never claimed to have been in FRR for 7 years. At a guess it's probably about 10 years and as to my (disputed) 7p average, if doubters were to take the trouble to check historic charts they would see that this was 130p or so in 2008 and even higher before that. The reason I posted as I did was to give a hint to others not to be taken in by all the hype on this share. The SP drifts down and down.Only a couple of months ago I was tempted to average down further at 0.50 and look at the SP now. This may come good of course and I would love to get some of my stake back but these O&G shares are full of surprises and just when you think thinks are looking up the co. gets sold for a song or there is a massive dilution. So the message is be very careful and don't just consider the prospects but also try to form an opinion on past performance
Fcw (incidentally for the conspiracy theorists I don't post under any other aliases)