They sold Ithaca prematurely against most investors wishes. They said they did not need any more money then did a share issue. But they do have a lot of there own money in here on the flip side which would make you think they will be trying there best. Basically can not believe what they say!!
I think most people see this as a good investment opportunity if what they have said about the drill mid year happens but understandably most people question the board, pitty nothings straight forwards....
Thanks Loz its would make sense for them to hold for longer but on a constant learning curve and was not sure it there was anything legally binding!! Thanks for help mate!!
When institutions buy shares like they did here on the share issue at 37p is there any rules that stop them from selling the shares as soon as they get then for 40.5p and hence making a instant 10%. I would of thought this would make sense from the company point of view but don't fully understand??
Thanks Loz, Croz going to wait until next week when new shares hit the market then if they have not risen will buy some as other shares are doing ok this week hope it stays this way!!
Thanks Croz if you knew my track record you would understand my caution mate!! I like the plan here but don't trust the management fully from previous escapades!! Thanks for replying
Are they fully funded for drilling now? When will be the best time to buy in now or when new shares are issued the beginning of next year please? Thanks
I agree mislead we were but Fiona used the word POTENTIALLY transformational and thats their (Fionas) Get out of jail card!! I will say this now the only two I know of in the company are Martin and Julian and there the two I trust and so far have not been spouters. Fiona told me weeks before she departed she was in it for the long term............ Thanks Fiona!!
LOL I doubt PMO would want anything to do with enquest’s assets . Bar the recent bp aquasitions there assets are all poor performers, would be like buying solan all over again
LOL I doubt PMO would want anything to do with bequests assets . Bar the recent book aquasitions there assets are all poor performers it would Ben like buying the Dolan again!
Fiona the CEO told me blatant lies only a few months ago. Wish everyone here luck and still might get it in time, but really feel for everyone that was taken in by the lies we were spun!