RE: placing or neh15 Sep 2020 10:55
Do you know what the placing is for ? No you do not.
The price is now cheap, those who sold will buy back in soon imo, sniff of the rig.
Strangely, Dave does not need cash. Fully funded. He could pay for Wressle from cash held, but I would say he is a smart one who saw an opportunity here. Shame about the fraudulent ones that caught him out again. !
It is far from grim with the portfolio of assets that David has grown. Wressle producing very soon. West Newton has the gas and if the oil comes in happy days.
As for Biscathorpe, that does sound interesting. Keddington etc.
IF Dave can gain trust back here , shareholders will hold.
Dave needs to think about steadying his ship and listen to shareholders.