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Yes indeed it is but last year they gave a trading updated in July along with a date for the release of results. So I am hoping for something in two to three weeks.
Been very difficult to see all the promise of what this company is doing, solid management etc, some significant holdings taken by institutions but then see the SP decline and stagnate. If there is a trading update hopefully it will dispel there being any issues in the back ground.
I know you see 12 trades and then check their worth - no more then a couple hundred quid in total - bit of a joke at the moment the lack of interest in this share and, as you say, no sense to SP movement - I guess MMS trying to drive some action - all depends on imminent trading update
I think dividend is split in two - one paid at final the other interim so about 4.5% so about equal. if merger goes ahead and they manage to sell off some of the weaker assets we should start to see this bombed out share start to recover - who knows?!
Appreciate it - took a big risk and paid for it - just didn't see that Serenity' rights issue coming - thought they had learnt from past pain but then not spending 'their' money. Yep going to keep the rest to the bitter end but thank you
The big 'seller yesterday and today was me 2 x £10k and 1 x £7k. I have held for many years, from the days when I thought 6p was upsetting! I had far too large a holding and have a fear that current management will make further reckless decisions. The world of oil exploration is changing - I would have played it safe - not invested in Serenity and developed Wressle and concentrate also on Ireland - just as the share price was recovering the rns landed with a fund raise at 1.8p destroying EOG's momentum. I still retain a significant number of shares so hope management prove me wrong but they have been pretty disastrous over many years. I would like them to concentrate on what we have and buy back shares - they won't do that because they have to justify their existence.
Looked it up this am - no idea in reality but states just over 255 days max from application - so depends how quickly they make application and also whether there are any shortcuts if product approved in tough jurisdiction like the USA