Member Info for izstar

The bottom line is they tanked the SP with Serenity. It may or may not have been worth the risk going into it. If it had succeeded then fine they deserve a financial award (but should be through share options/salary) - it didn't share price tanked and yet they report a successful year with huge pats on backs and a significant rise in pay whilst our holding are a third of what they were - how can that be right - shame on them

Going to stop this as I am repeating myself!

Yes it absolutely is - all on the back of one smallish asset - would be different if Ireland had come in and the job was an 18 hour a day role - it is so sad that humans behave this way - really grateful for this share action group which hopefully will bring some justice to us shareholders and see this business make the most of its assets

Takes me back to the night they announced the serenity drill and related rights issue. I could take that as risk of business if it weren't for the consistent record of failure more especially their huge remuneration in its various forms (amin costs)

laid the bait there nicely chasrutledge!

But if you do a dummy trade you can still sell relatively high number of shares at 54p - is there a significant buyer in the background?

Crazy the SP here unless there is something we don't know but directors for an AIM company are quality so I doubt it

Yes very grateful to all those supporting this initiative and to P for leading us and doing the hard work. Far too many chiefs for what we have. In my field of work if you fail you go - happens to most people at least once in your life but not at EOG

The final straw for me was seeing the heavy reward directors are getting with the sp at 1.15. Endless reports crowing about great steps being taken (read them as far back as you the patience for) and yet the sp has dropped for me from 9p. Just as it was recovering to 3p another vainglorious deal re serenity which crashed the sp - I can do without that kind of year of progress

Good question though. For me I would like to see half of their pay linked to the sp. Also in another year of squandering cash from wressle pay should be half of what it - that can change if they deliver.

Ideally that the current demonstrated dissatisfaction with the board will mean we are bought

The board is just not accountable.

Yes struggled with that too

Just added them up 12.1 m shares - deadly serious - yesterdays post about salaries has done it for me - have the decency to make 50% of it dependant on share price - with so at just over 1.2p and every year reports that speak of significant progress whilst the sp is decimated and the cash we have in from our one asset is wasted on new schemes… enough

I have £100k of shares you can count on

Good on you - renumeration should be tied to the SP let alone the clear conflict here - need to galvanise voting - it worked with another poor performing share I owned. It is disgraceful - as soon as there is money in the piggy bank it is being cracked open. Good to see WH buy some shares but in the scheme of things this board crashed the share price with serenity - us lth might have had a chance of recovering some of our losses had the board been more judicious with its approach - it makes me so angry but can't afford to sell my remaining shares

Please someone buy us out

Decent results and as ever great promise. But how can it have been a strong year when the one measure of a strong year outside of directors salaries is the company's share price and that is a shockingly low 1.2p

Maybe under WH we will have our day - certainly the share price does not reflect our assets but again maybe, when the market sees it can trust WH, the sp will begin a long climb upwards. So much to play for

Even as a shareholder I hope to god this does not happen - it would cause untold further damage to western economies at a time of huge risk. $90 will me

Yes I agree - right time for an approach Absolutely agree no asset sale just hand our assets over to a bigger entity who can take full advantage.

Let’s hope so - anything over 2p would be great!

Who knows whether WH is better than those before him but generations of boards have driven this company to where it is now. WH does seem more professional, transparent and realistic but I would take anything over 2p in a heartbeat

Yes that is so perfectly put

Take over would be great

We are not gambling at corals, the SP will reflect the company's progress or not over time - just my opinion

Nothing worse then a string of fairly meaningless RNS's which makes companies look amateur and desperate

What is irritating is when companies commit to do something by a specific date and then don't update investors for many months after the date has expired often because of bad news

Yes totally agree - much better a bigger player takes advantage of our assets - Europa oil and gas has had many years to get it right - let someone else run with it and release us from this forever in two years time - as good as Holland was all he said was similar to what others have said before him - result new shares issues like confetti and SP to sell at 1.10p

Whilst Mr Holland was so much better then what has gone before - knowledgeable, articulate, energetic and busy and dealing with issues head - on the promise is the same as it has always been. I have been a long term holder from the days when the share price was over 6p but the narrative has not changed in all that time. Grand plans, mid cap oiler on the way with deadlines hopelessly missed and the various grand plans left in the dust. The one thing that went right was Wressle and just as we had a chance to get to 4p or so Serenity was announced and the rest as they say is history. It is fun dreaming but it has been at our expense.

Sold a big chunk of my shares for a massive loss

For the remainder, less worried from the presentation the other night about raising new money (as wressle will pay for salaries) squandering what we have on a bloated board and more grand schemes which will run into climate change issues given time frame, change of government etc

Please put us out of our misery and sell the company now - would probably get 2 to 3p per share - would bite the buyers hands off for that

Agree - inexplicable - good luck to you

I have bought a large chunk of TRX following strong management and products. Only a matter of time IMO

Frustrating to be sure

Would imagine that if so stays as low as it is whilst business is clearly turning round with a bright future that we will be taken over