Member Info for jaytee41

He mentioned President today, as well as Block which I'm also in.

President Energy (AIM:PPC)

Again from yesterday President confirmed that CGC has completed the 2nd quarterly installment of its share subscription programme. CGC has invested a further $200,000 at 1.315p per share which is good for President.

Doc has been going on about this for a while, so finally bought some today.

was 2.01 to sell 2.69 to buy. Stupid

Think you picked the wrong share. NCYT quids in

Don't you think there is enough requirement for both Avacta and NCYT ? I'm in both

Yes showing 1.25 on my ISP

Me too. No Devex, no Seymore etc etc.

A great RNS today but the SP is currently less than last weeks highs of the 70s. Personally I don't think we will get the hike that many are wishing for until a contract is on the table. Once this happens this will rocket. So I will buy more when the inevitable drop to the 50s happens once more.

Shareholders have been trying to get meetings with Zaza ever since the shares were suspended then taken off AIM. Other attempts such as emails have fallen on stony ground. There have been all sorts of excuses such as they can't disclose anything due to ongoing court cases etc etc. The whole issue has been one massive clusterf*ck and just shows how bad trading on AIM listed companies can be. And yes I am a holder.

Thanks for that Sea7. That company has certainly taken lots of investors (me included) to the cleaners and we've no chance of getting a cent back. Lessons learnt ? - Well this is AIM where there are similar people such as Zaza..

Just added 100k (shares).

Totally agree. Poster's shouldn't be banned just because other's don't like what they are saying or not adhering to the rampers' party line.

damn just bought in and down already. typical

Welcome back AJW - I've not even bothered looking at the board over the Easter holiday. Rather sit in my room chewing toenails - jk

These are tough times for all industries. Look at EUA's RNS this morning - another company who are holding back funds due COVID. At least BLOE trading is not suspended and they still have a NOMAD.

Off topic but maybe in those 24hrs + people should have been researching Pharma companies such as AVCT who today announced they were going Co-Develop Test That Can Diagnose Covid-19 In Minutes. Shares currently up 80% on that news.

24hours + on and posters are still whining. If you don't like the company, then sell your shares and invest somewhere else. If you do like the company and hold shares, but don't like the way PH is running it, then voice your issues at the next AGM. If you like the company and appreciate these are tough times - see Malcy's blog from yesterday, then this may be a good time to top up and average down. I have done so.

Hi. Site has been down more than up today, now it's showing a bid price of 3.10 when it's actually 2.31p. Maybe the sites got the virus too...

The site has been up and down all day - now it's showing the SP as 3.9p to bid - happy days but we are where we are.

Cost cutting at Block means a 40% reduction of cash expenditure, currently they have $3.4m and crude stocks worth $470,000 depending what time it is but it's not for sale now. The company are shutting in WR-16aZ and WR38Z to conserve gas reserves, again a wise move. Abandoning WR-51Z would have been a difficult call but there is nothing like this sort of market to sort the wheat from the chaff.
Overall Block is doing the right things, it is effectively going to a care and maintenance basis in Georgia but still continuing to "work tirelessly" on the acquisition from Schlumberger which, should it complete will make significant growth for the future of Block. Along with the substantial reduction in its operating and administration base the company seems to have taken the hard decisions on behalf of shareholders.