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Buys were flying in today, some of them big but it had no effect on the share price.... yet any moderately sized sells were smashing this down. Confused that it fell off a cliff about the same sort of time as oil started rising but this share does usually drop when oil price goes up for some reason. Lots of potential news to look forward to but company will have to be more vocal for this to get out of the current trading range.
notwithstanding the risks, i kind of echo hasiba in that the company really is in a good and potentially transformational position. If things pan out the way i hope they do then the current valuation and share price is still dirt cheap
Catscan, come on mate show a little respect, you may have called it right but people losing money isn't funny. I have made some rubbish investments over the years and it sucks
The management of this fiasco are a disgrace and should be strung up for the contempt they have shown shareholders. I feel for the people left in this. I sold around 6 or so months ago and lost a small fortune. One of the worst trading mistakes I have ever made buying into this pile of s^^te. This share should really be suspended pending clarification. I do not actually know how management can legally get away with what they have done here. What about waterflood, does anybody know what happened with it yet?? they tell shareholders nothing! With no information I had to sell and do not regret at least salvaging something. A costly mistake but one that has taught me an expensive lesson. To anybody left in here, pick up the pieces and move on, you will recover and i know it sucks as i got burnt too here
Come on Genel, this has had a great run granted but oil and energy stocks have been going nuts the past 2 weeks and this has not even risen 1%. Consolidation or whatever you want to call it the fact it is stuck here has me pausing for thought. This should be rising no matter what excuses people say look at DNO and GKP. This dropped from �10 to 50p in no time and it should not be stalling at this pathetic share price on the way back up. What will it take to get this moving, Even another $27 million in the bank has done nothing. They produce oil and get paid money for oil right not smarties? Why is this not rising? Maybe im being greedy but not happy today
Can't help but be disappointed with that end to the week. Really hoped for at least a 190 close to push onwards. More so with DNO and GKP doing well today and oil rallying like it is. Hopefullyu next week it can crack 190 but it does not seem to like it for some reason!
Since when did this share become a total dog? One up day in 6 months and it cannot even hold that. Perfect environment for gold with the volatility right now yet this just drops each and every day
How could this be valued at �3-8 per share? Just watched the interview to see what this company is all about and the interviewer was like seriously 3-8 PENCE OR...? The ceo then says no POUNDS. Is he having a laugh or being serious? Looks like the guy interviewing thought he was having a laugh. What is the basis for this exit price. 22p is some way off?
Oil/gas Reserves, cash, projected cash flow and profit, huge payments every month of $30m. The mcap is still on par with a dog like sound energy who produce nothing. no profit, no cash, no anything. Just wish the market would stop taking the p*ss and value this more realistically. Im grateful that this is rising but this is way way way too undervalued based on any metric, any geographical risk. Genel just need to have some ground breaking news to lift this off once and for all
da*n, that was a sh*t close!.... has been a great run though!... Genel always seems to drop on a good market day when oil rockets (currently+3%) Hawkey any clue as to what gave you the idea they seem excited??
This is the very reason why i dont bother with aim shares. Equally they can rise just as quick in a flash! I am glad to be out of this, the thought of that tw*t riding around on his harley with my cash and having the audacity to release results like that after what he has done to the share price the last 12 months is enough for me. Don't want to be invested in a company like this
I sold earlier at a loss as already mentioned but still feel like i need to vent here as nowhere else to do it! This is totally uninvestible which is why i sold. I wanted to sell over the last 6 months but was sure Larry or the company would provide something to support the share price.I say this as they HAVE to or else the share will keep getting crushed (look at the graph) How can you have a company that can provide NOTHING in terms of numbers or information and expect people to invest.?? It is total BS, there has to be a way to convey this to the market as at this rate the company will not have a listing. If the bullsh*t continues they will be at 0p soon as unless they PROVIDE INFORMATION to shareholders they will sell. Has to be one of the most ridiculous and pathetic companies and situations i have ever had the stupidity to 'invest' in. I followed baron day trading and he has a good track record although admit this is 100% my fault for touching this dog