Member Info for Itsaponzi

Leonw I did bugger off at 56p but it didn't work sorry !!
I'm sticking to my 32p prediction

When will they cash out ??
When this hits around £500m mcap and a 32p share price I reckon but what do I know !!
To much ramping here for my liking it's a bargain at 70p it's going to a quid .
This ramping has been going on to long now look now cash in bank is survival cash and debt is to high with no means of being payed back .
The £1b equity raise in 6 months is a given here there will not be one investor in profit when that RNS hits ..

Jsmith23 I got told of for mentioning that early !!
Be prepared they will come at you at all angles on this board.
You can only be positive feeds not negative..
But 45p is a given this week I said before mcap is to high should be £500m max so that equates to 33p !!

New car sales plummeted 97% in April say no more !!

Mcap still to toppy here £500m max !!
35p share price seems fair value for decent returns now...
General Markets are only going down so should accelerate it down further ??

Someone keeps buying 1 share ???
But hedge funds want this down into the low 40s and probably will ..

It's seriously stuck at moment but in a tight range so all good for the next leg up ??

Why isn't it rising the market is flying nothing is red apart from AML ???
50p tomorrow???.

Hope so because my trade price is 30p to 32p rince and repeat !!
I can not invest longterm at the moment because I think reality hasn't hit the markets yet !!
Unemployment will top 6m businesses going to wall huge cuts with these big companies plus dividends shelved I see the future bleak going forward.
Sorry to be a doomster at moment but 6000 points doesn't sit well with me !!

Hands up who thinks the Ftse is a 1000 points to high ???
I can not believe its 6000+ or is this biggest trap ever !!
Nothing has any logic at the moment what is the market pricing in going ahead that I am missing ??

Hellyeah
You should add the debt aswell !!
No point cherry picking the nice numbers

Hopefully AB will read Ithaca RNS today on how to hedge oil over the next 2 years 67% hedged at $62 floor so it can be done !! And also generate $450m FCF even if oil hit $1 ..
Production 70kbopd debt $1.4b very similar companies but chalk and cheese when coming to management running the financials..

Oxygen
I'm constantly wrong selling this a 24p saying this will half and calling brent low 20s yes I'm wrong !!
It's the constant ramping here its going to spike it's going to 60p when oil was $68 this had trouble reaching 30p then dropped like a stone .
Enquest will not be paying anything of debt soon the looking oil stay lows the more this will drift down even if oil did $50 enquest would still be around 18p .
I betting on oil staying to low for to long to see any decent returns here maybe 1 year down the line and economics change then maybe yes !!
But there is so more to invest in and oil shares ain't it .
Trading tullow seems good at the moment buy around 16 sell at 24p for a 50% return that's it !!
But their shorts increase on a weekly basis so God knows what's happening with them but that's the casino we are all in !!
Trade trade trade forget longterm for at least a year !!

Krak oil will not be anywhere near $60 this year onwards !!
Maximum it will be is $35 the glut will take a year to clear at best ??
What worries me more than oil is the Ftse at 5850 when in reality it should be 4500.
This is the biggest bear trap ever people's wealth will slowly erode in this totally bent market going forward to xmas ..
Trade it to high heaven and never hold over the weekend ..
But I understand your bullish attitude when your holding the 3 biggest dogs. Will all be around by Xmas probably will they one go under if oil stays low in 2021 absolutely.
You have RRE with cash equal to £22 a share paying a nice dividend they are trading £8ish with no debt so what hope does the 3 dogs have absolutely none very scary !!!

Big bench
There was 228,002,890 shares then now you have 1.5b so you have 6.5× more shares in issue!!
So at 50p × 6.5= £3.25p in old money ??
Correct me if I'm wrong please..

225p +120 =345p ÷ 5 =69p average so 28% down on his initial investment????
Obviously if he buys more his average will come down.
He will want to at least double his investment overtime I'm sure.

Definitely not me !!
I see the BOD have taken up their 30p shares payed in cash ..
What are these directors average buyin prices ???
Definitely not 50p .

The trend is lower lows ?? But maybe it's time to start accumulating !!
I want 100k shares so the first 25k at 46p hopefully will buy on 2p drops as I see 40p as the bottom but won't hold for to long as debt looks unmanageable later on down the road !!
But definitely money to be made here ..

Exactly silver debt seems to be ignored here and it has a huge impact moving forward!!
Maybe that's what holding it down because it needs FCF going forward to pay it otherwise goodnight ..

Red or black ???
45p or 55p ??