I’ve been here years, saw the peak come and go but in the medium term I also agree, with what we have now 50p won’t happen but I could see easily a 10p plus sp and then it’s down to whatever a well planned drilling programme brings and that could be significantly more than my medium term 10pms guess. We need income generation first so there’s no more dilution events. We had income before (feel like another lifetime Lol) from the Italian wells it’s just a question of time to get back to that position. Positive stuff now but Sound should put some effort in to their news flow.
I love how the board is quiet then a a bit of SP movement (up or down) and all the ‘concerned’ negativity and people ‘desperate to save us poor LTH’s from loosing our money’ comes flooding out from from a bunch of names the regulars on here have barely ever seen or heard from before….Lol….hold, hold, hold, (buy if your inclined) but don’t be panicked into anything rash! GLA the future here is shaping up nicely imho :)
Actually Harsh and very fair as any LTH will probably attest to! Malcy is a parasite and was the mouthpiece for the last Sound regime and as such responsible in part for convincing a lot of PI’s to invest at inflated prices…..
I can’t think of better news than this, been in Chill since HNR and Zoe days, this company feels different, co-ordinated and focused. Stuff the de-tampers….I can’t imagine how there’s a negative spin that’ll sound remotely plausible at moment. Invest now if you can find any available shares (which speaks for itself really doesn’t it :) )
Just my gut feeling but medium term (6m to 1year) with a good news flow (ie chill management keep the market regularly updated, no big silence’s) this could easily be peaking at 25p. They need to keep building confidence in the management team.
Dave French, as a long term holder I couldn’t agree more that a med term 20 to 30p is possible now the tax issue is starting to conclude. Medium term mind, keeping it real Lol… 10p by end of 23 wholly possible tho with the current progress and clear drive in the company, fall feels more predictable and less boom and bust than a few years ago. GLA. :)
Uni, agreed if it bounces back a little tomorrow then hopefully it will settle at a 6p base but a backwards step is very indicative that this isn’t as strong a recovery as hoped, it will be interesting. Nonetheless it’s going generally up, I’m optimistic :)
ProfitJock…..fortunately I don’t really care if ‘in your opinion’ I’m delusional…..I’m actually also right. As a shareholder I own a portion of this company and the only way that’s wiped out is if we went bankrupt and today’s news is better than than that. Stop trying to mislead and panic holders into selling, this is a time to hold or buy for most…..and no need to be rude eh? There’s a good chap :)
Shareholders will get paid for our shares IF we vote to accept an offer, the only risk is …..is the offer enough. We don’t loose our shares just because Vue (or whoever) buy us. We own a part of the company