Member Info for GrumpusLOL

The update did not set the market on fire. Look at the price at the time of my post.

Look at the price and time of my current post. Underwhelming to say the least.

The 8th of June has arrived.

Am I wishing I had invested more? No. Some people wear rose coloured spectacles. I am not a troll, just a realist.

Following the last consolidation of shares, the share price went down.

The process has now been repeated.

To carry out the same operation expecting a different result is one form of madness.

Lo and behold, the share price has dropped. Again. Madness. The market determines the price, not the bean counters.

Simples!
Google Viking CCS project. Its the future.
Their BOD have foresight.

OK rags, being as you portray yourself as some sort of Investment Guru, I suggest we form an Investment club.
I will start off with this. I have halved my Capricorn and Invested in Harbour.
Over to you for your suggestions.

I am not the CEO of Capricorn, I do not make the decisions. As a shareholder, I am entitled vote on proposals put forward by the Board Of Directors.
In simple terms, the proposal is to return half the value of the company and devalue the rest of the company by half to balance things out. Genius. What is the point? Does it cost nothing to carry this out?
We have been through this process before , it is not hard to research what happened in the aftermath.
The cause of this companies downfall is to give poor management Modi's Billion.
If this is the best the new board can come up with as an Oil and Gas Exploration and Production company, then they themselves deserve to go the same way as the old board. Into oblivion.

If you don't want the Divi, and the subsequent devaluation via consolidation, send a message via your vote.
I have.
The New Med+Capricorn deal can only be described as corrupt. They openly stated in the RNS that special payments would be made. Its history. Move on. The BOD that came up with the proposal have.

Rags,

Could I suggest you buy BP? That way you will be getting your share of the New Med fields. Its a great opportunity.

6x share transactions after the market closed for a mere 1 million shares each.

That should spike the SP tomorrow.

And as for just appearing, my first trade in MTO was in 2018 at a SP of 278.86.
The future looked rosy then.

Instead of looking back one year, look back 5 years. Ask yourself why it was over one pound then, but lost about three quarters of its value.
Everyone is entitled to their opinion, this platform allows people to express those opinions,
There are lies and statistics, creative accounting and the forever optimistic rose tinted glasses wearers, Oh, and trolls, but I am not one of those.

Just pointing out the truth, but clearly some people cannot handle the truth. If sellers outweigh buyers, the price will drop. That is the economic truth of the markets.
I am not a troll. Everything I have ever said, I will stand by.
For all I know, you could be a paid ramper, with the sole purpose of driving the share price up.

The majority of share transactions are coloured red.

Much like the rose tinted spectacles of those who are viewing this this company and predicting share price rises.

So BP and Abu Dhabi National have jointly taken 50% of New Med.
if the Leviathan Field is such a brilliant asset, why are they so keen on selling such a big chunk?
Time will reveal all. I have no regrets about my vote.
Not long now till the results of the strategic review.

A 6p jump in the Sp again today on no substantial news but can anyone explain the spread?
I am seeing buy 248, sell 207.
41p is one hell of a spread on a 2 quid share.
Lots of 'unknowns' in the trades as well.
Cause for concern?

Its always greener elsewhere.

Redundancy packages.

The breathtaking masterclass in how to make a billion disappear continues apace under new management.

Very strategic.

6.2p raise on zero news and a fall on 30% of a 200 million barrel find.

Makes no sense.

Perhaps it was the cosy jobs for the old guard or the greasing of unknown palms with special bonuses.
Just saying, but that's democracy for you.

6.2 p jump in SP.
Someone knows where we are heading.
But clearly keeping it secret.