Member Info for Fregatr

Yielding 6%. How much longer can this last. Either the dividend will be cut or the price is too low! I hope the latter.

M'y Concern is that the bank is doing what it can to get its money back and what will be left once enough Is sold to do this. Not a lot is my guess but as I paid 20p, no way am I selling now! I rather loose the lot. GLA

Blue sky and no wind today and looking forward to Sunday lunch. I managed to get some oil and FTSE etfs away when the index was around 6650 and bought back between 5950 and 6150 but not energy! So I saved a bit but still down £50k although it's coming back. Just can't believe how bad things are here so bottom drawer....take care.

Well I return to look at what is being said about my disastrous investment here! So not much hope for £1 for a while?!! Best wishes to all the long term holders.

All well thanks HM. Just watching the general slide but holding firm here. It could be a long wait though!

Looks pretty grim! Might see some value with a bit of luck and following wind but at the interest rates Barclays are charging could all end pretty quickly unless they sell enough to repay the 20m....

The RNS might just stop the slide here. I thought it wArranted a lift to 330-340 but obviously missed something. May be our boat will come in and I need success here to boost Greka Drilling where I'm stu***d!

Il in at 20p so virtually given up but there is a glimmer of hope. They have recently sold one property which will pay back about half of the penal rate loan they have from Barclays and no doubt trying to sell another. Once that is out of the way they can refinance on the rest at a lower rate than before and we could see some upwards movement but there are a lot of ifs and I wouldn't buy but no point in selling. I have seen a similar situation before with Fairbriars who went into administration and I bought at 7 and sold at 80. Miracles can happen!

And so far today every trade a sell. Don't people read??...

Under £3 must be cheap....a decent AGM could bring 350 which is where I thought we should be.

I have totally lost track here. With the £15.3m sale in Spain how much is now owed to Barclays.? Anyone know. I missed the RNS but obviously this had little impact on the SP.

Sorry .....more than.. B*****y iPhone!!

I can only think people assume Greka is something to do with Greece! May be a name change at the AGM would help? I am or than slightly disappointed here....but still running with it. GL all.

GDG hasn't done much better! If the Agms are not positive, I would have done better with Greek bonds!

Everyone is talking about Grexit I'm thinking more about Grekaexit. I havn't yet because I believe in the technology but this should have been realised by now and if the share price is really cheap someone should be looking to buy us up. All very irritating. As you say Debs1 let's have some good news please RG and give your long term supporters and I esters something to chew on.

Thanks Licker. I intend to be there next year.

Has the date been fixed yet?

It would be good to get some news here? With October the new deadline, if we don't hear any more good news, we could go belly up. Barclays are getting a great rate on the loan but it's forcing us into a corner and we need to sell enough to pay the lifeline back.....bit like Greece really! If only they could print money like the ECB....still, you never know, we could just pull it off but I doubt we will ever see 20p Alain which is m' break even! Good luck to all the faithful.

Arbitrage opportunity?? Buy BG And taken 6 months put option at 55$ on oil.. Any thoughts? I have auite a few but thinking of building at these levels...

I look for guidance as well! All I can say is I hold a chunk for the Divi (accrued is in the price so take of 1.5 p) in my portfolio but have noticed that from time to time the NAV is close to the SP butl recently 10% below which is baffling. It's a fund with a good return not a share that can go belly up ( of course possible one of their investments could) and I think Canada is in re overly mode all but slowly. Yield today 6% so say no more. Good luck whatever you decide to do.