RE: Lost all money14 Feb 2023 21:03
Morgan22 - I did say to expect the share price to fall. I sold out last September for 67p & like tom111 got lambasted for doing so. A few knowledgable posters on here would have you believe the share price will be £1 next week and blame the price drop on 'low volume' or 'the next drilling update' will turn the price. Don't believe any of it.
European gas prices have fallen from 400p / therm to 135p in the last year and are forecast to flatline for the next 5 years so I don't see a big improvement in the price across the pond either.
Suggest you go over to ADVFN and read the posts by 11_percent, he pretty much sums up the poor share performance.
I think the placing was very well planned, ramp the price up and take the cash, I'm still waiting for the elusive acquisition RNS!, think I may have some time to wait.
Don't be to despondent typical AIM stock I'm afraid, some you win and well you know the rest.