Member Info for Indy0105

What happens if oil drops to 60 buck clown?

2.80 for me. Based on forward oil and gas prices im going to stop further purchase until we get some forward guidance from the company. Catching a falling knife is a dangerous game!

They should now be buying as many shares back as possible at these prices.

I’m in for 50k at 3.15. Buys set for first thing in the morning at 3.00

I warned you Bozos!

PMO holders getting screwed twice.

So tempted to get in for first 100k tranche. Will
Look to pull the trigger just before close.

Moved my buy again to 2.80.

They have 7 years worth of reserves. We are in 2021! They just killed the North Sea oil and gas sector. Those who of you who think this is ever returning to £4 are now deluded. Rate of relief also reduced.

Rug pull on its way

Buy backs are a waste of cash. Wouldn’t you of rather had dividends? 500mil of dividends would mean you would have cashed 15%. The same next few years and you’ve practically made your investment back.

What have buy backs achieved…. Nothing, the SP is lower now than it has been every time the company has bought shares. They are around 40% down on their average buy. That’s around 160mil down. They are obviously trying to support the SP whilst an insider is dumping.

Ok Sekforde, You continue to lose money. I’ll sit in the sidelines and wait for the opportunity to make 30% in a few weeks. They will take this down the watch it go from 3 all the way to 4 in a matter of weeks.

Moved my buy to £2.90. Told you all it was going to test new lows at 4.50. £4.00, £3.50. Some of you are going to be 50%+ down now with no chance of getting your money back. Your only hope is that the WFT is only increased to 30% not 35%. Next year your see a drop in production. Hence no figures for 2023 in the presentation.

https://www.gov.uk/government/news/andrew-ballheimer-kalpana-desai-and-mahnaz-safa-join-the-board-of-uk-government-investments-as-non-executive-directors

https://www.gov.uk/government/news/andrew-ballheimer-kalpana-desai-and-mahnaz-safa-join-the-board-of-uk-government-investments-as-non-executive-directorsAdvisors to Government and treasury are ex BoA bankers. They knew the increase in WFT was going happen. Coincidence or corruption? I’ll let you make up your mind.

BoA are lending the shares out to short sellers! Look at the RNS FFS! They increased the number of 8.B shares. Hence the increase in shorts.

There is no way next year this will be debt free. Next year was supposed to be a bumper year for dividends and buy backs. These are all gone now in taxes and some. Some of you are so clueless it’s embarrassing. There are no buyers. You lot still be here in a years deluded banging on about £7. £5 is now out the window. Most will be lucky to get their money back!

"By the looks of things Shorters are indeed starting to close"

FFS! I give up with you lot. Some of you must enjoy losing your money!

Where's that clown Danger_Mouse and where is his 20 years of investment experience now? I told you the WFT was not priced in! The then was at £4.06. By the end of the week it will be £3.

Some of you need to accept the UK government has shafted the oil and gas industry and it investors. Sell up
And move on. This is only heading south.