Member Info for Gordonbennett1

Yup ticked up again!!!

Watching the bid its consecutively rising in .1 increments has been the past 20 mins from high 14- 15.4 could blow now!

🚀🚀 we must have a rocket specialist in house? Someone draw me the indus 11

NAV 150P - Current -16p lol!!

I have just emailed these guys to ask if the current status is up to date. Suggest you all do the same!

https://www.dghindia.gov.in/index.php/show_block_details?block_id=157&name=%20PRE-NELP%20EXPLORATION&b_name=RJ-ON/6

16.8 to buy primed to go now!

Ask yourself this, why do management hold 83% of the float! cause its a winner

Looking to retry for 20! at the end of the day doesnt make a big difference in valuation terms, this is immensely undervalued, any sniff from the bod and its instant bag

All over the place. Lift the offer and we should move fwd some what! 21 paid yesterday

There will be volatile swings as the floats next to nothing!!

Or just play on the roads lol

Perking up

Omg you are so boring man! Bet you were a snitch at school

200 trades already 🚀🚀

Float absolutely minuscule here! 83% held by owners

Brakes off!

Exactly! Very short term and irrelevant for now

Let’s not forget this has fallen from grace and for no right or wrong reason other than AXA reshaping their books to meet green initiatives and selling off. The license is the obvious elephant in the room but it’s 90% nailed on

We know the license renewal is imminent or in fact overdue if it hasn’t already been approved.

Could do but very unlikely, the business makes great revenue and most importantly profit. Yes there is debt but it’s manageable by the way of meeting repayments. GAIL are indus’s largest client so very unlikely that the GOI won’t extend for another 10 years. Perhaps they already have given we are past the expiration date and haven’t heard of any fall out..

Looking on LinkedIn it’s not hard to find employees from focus oil, some new some old. None of them are looking for work or open to network