The latest Investing Matters Podcast episode featuring Jeremy Skillington, CEO of Poolbeg Pharma has just been released. Listen here.
On the plus side interest rates up to 81% now and peso regained some strength against the dollar. Food exports hit by drought.....Best they stop imporing oil then and use domestic energy instead ....like ours :)
Hard to know. With all we have, if all things change in our favour the market cap looks ridiculously cheap. I would expect at least a small spike when LO out. It is a calculated risk. Hopefully the winter there will help to normalise demand. You get so many shares for your money now. Cannot help wondering what it would be like if this ever returned to pennies at this price
LO disposing really quickly now!
Always a gamble but I've been buying as market cap is so low and a big bounce back could happen once LO are finally cleared. If Echo can weather this immediate storm then returns at this price could be fantastic
I never thought of MH as dodgy or incompetent though. Maybe a bit too relaxed and happy to take his salary but I thought he was a slow and reliable guy. I wonder what inter oil holders think of this? If only it was strikes.....
I am happy to take my chances when I do so based on facts. I would have taken a different view if I thought selling the oil could be problematic. Surely the plan was to keep increasing production/revenue? Was MH not aware that selling could be a problem?
So they must be lying about strikes. I was annoyed but not too concerned. The market for our oil is a much bigger problem. I was assuming whatever we produced was being sold. The impression given was we could do workovers, ramp up production and make more cash. I am buying a few more at this price in the hope demand for our oil will return....or we get an new investor. We have an untested potential gas discovery too. I think this will either play out really badly or really well now