Member Info for Ibyb

@rare, until this new piece of information was made available yes there is still an opportunity for shareholders to get something back.

However, once administrators are called in, there is little to no hope of a deal which will favour shareholders.

Once a company is formally in administration, underwriters will look to sell off any assets to repay bank loans. shareholders are the least of the priorities.

The odds are against us there’s no denying but there’s a glimmer of hope.

If mccolls is in administration Morrison will lose out significantly not just financially but also in market share. Something that Morrison is desperately trying to avoid

https://news.sky.com/story/morrisons-returns-with-fresh-mccolls-offer-as-endgame-looms-12608537

A very small hope of success for stock holders. There’s something in there about the court not rubber stamping the insolvency documents appointing pwc before close of business

Took a gamble here, it didn’t pay off. For those that think this will be some shining phoenix being reborn from the ashes with hope they’ll get something back in return, you won’t.

Administrator appointments is black and white and holds no reward for shareholders. Effectively your investment is wiped out. As much as it pains me to lose money on paper and in reality, it’s easier accepting that you won’t get it back and move on.

Commiserations, spend time with family, they are what matters most.

SP looks to be breaking out again.

@harel, you obviously didn't read Jackie1's posts. That was pump lvl100.
Everyone has their own strategy, some trade, some go long, some short, what ever suits you.

I can't speak for iamrich and his intentions but I don't take anything rampy/derampy from what he's saying. Especially not enough to call him out. Sounds like someone whose simply optimistic about GBP.

I guess most of us are, GBP is simply another AIM stock with lots of potential and 2022 could well be very rewarding for shareholders as long as the company is transparent with comms and can meet the expected deliverables.

At the end of the day facts are facts, the company hasn't publicly confirmed that they are delaying farm out or that there has been no interest from it. I remain optimistic until I am told otherwise.

My bid on Lloyds is at 2.50 but the ask is at 2.10.
Normally the bid is lower than the ask :S

Somethings happening behind the scenes.

Share Price is a spring board waiting to be released

The drop back to .50 was heavily bought into. They're in stickier hands and less likely to sell.
This is much more preferable as it cleared old LTH who have been sat on the stock and been burnt previously (with no disrespect) and traders who caught the last rise.

The previous rise was based on the good news from Shell and Total energies and it was expected because it had no commercial benefit or impact to GBP. They simply removed the risk factor of a dry well exploration.
If it was bad news it would have adversely affected us.

This rise is definitely much more favourable as the pending news directly affects GBP.

I'm being offered almost the full ask to sell.

Either there's something afoot or there's money piling in from multi-bagger stocks in anticipation of the farm-out news.

Africa could quite easily become the next Middle East, Namibia offshore wildcats will have given oil corps belief that the the worlds most demanded natural resources are still in strong supply with a big arrow pointing where.

More companies will be applying for licenses in the plotted areas. Shell and Total have bearered the burden and the cost of the wild exploration. They have ruled out the risk that Namibia is dry for the world to follow and get these dinosaurs outbid the grounds by the barrels.

It’s amazing that the serial ramp artists are no where to be seen after todays embarrassing announcements.

This is my favourite: “ As i've been saying for the last few months news will be shown before but by April 2022 this will be motoring.”

Ngl it’s actually a relief knowing I’ve put this dog of a share to rest. I’ll lick my wounds and recover my losses else where.

This is my last. ATB.

The unrest in Kaz and the war in Ukraine was never expected and beyond any of the BOD control.
The sheer incompetence and poor management of communications, exploration and drilling is simply inexcusable.

Many predicted that 2022 spring will have been the season of new beginnings. This is proof of the pudding that CASP is incapable to succeed with Clive at the helm. He’s either a simple puppet and his string are being pulled by Orazimans or he’s just **** at his job.

MrC, the comment about the rust heap was calamity Clive’s way of putting lipstick on a pig.

All hot air and no action. Laughable attempt at throwing a dog a bone. Some bought it lol.

If anyone is interested shells wildcat in Namibia has confirmed 2 BILLION bls of oil and gas upscaled from original forecast of 300m. Plenty of Namibian oil discoverers on aim take your pick.

We’ve been suckered in from day one. The only people that have benefitted from this carp are the traders.

It’s a prime traders stock with the countless pumps and dumps, anyone who doesn’t feel like they’ve been duped will soon come to realise that they have.

Todays RNS was the final nail in the coffin. I like many others have given this stock far too many chances to become life changing and todays RNS is evident that they are incapable of flowing a deep. Haven’t done in 7 years, strongly believe they won’t be anytime soon.

Wish everyone else here the best of luck. I won’t miss being invested here.

Great news for Shell.

We've all been waiting patiently. I'm sure our patience will be rewarded.

Orion If I remember rightly was Maersk standby ship. Maersk was only in contract until Feb.

Starting to look bullish here again. April is looking good for GBP as Jan and Feb were. On the right news we should break the last resistance of 1p.

Just my gut but I can’t help but think the possible farm out partners are Qatar Petroleum and RDS.
Should it be companies of this calibre, we’ll be in for heck of a ride.

Moonbeast trying to talk the price down. Poor attempts of de-ramping.

IMO only way is up on the back of successful ceasefire or peace agreement.

MM's are offering a reverse bid to buy on Lloyds, I've never seen that before: 4.10 - 4.07 (GBX) at 08:58:55