RE: oilex2 Mar 2021 11:17
Steven, I now try not to make predictions or criticise other people's as I usually get a load of verbals for that. Except of course for ridiculous ones, like 50p. Impossible to know without knowing finance details. There must be dilution in one form or another, by raisings and/or farm outs, which will obviously have a huge effect on the sp. Personally, I am just hoping it gets to my break even of 0.32 which now for the first time in years. I have also said recently that it's possible that the euphoria of the day could propel it to a level not justified by the terms of the deal. Would be over the moon with say 0.5. Might be possible to get out and back in at a lower level if things looked good. Easy to get that wrong though. As I said to you yesterday, don't think it's likely, but it's not impossible that it all goes wrong either. Personally don't think we'll see 1.0 short term but that's just my opinion.
Probably, thst seems like I am trying to cover all bases, bit that's just the way it is. We just don't know enough. Atb. Gla.,