I’m not sure what it means and quite frankly it doesn’t bother me anymore. I sold my 8000 shares today just to get out and after two years made only £150, but was pleased to escape. I will be happy for you all if the price goes through the roof but I had had enough. It was pretty rough from those of us back from the Premier oil days
Has been a nice taking upwards of the share price over the last five trading days, around 8% I believe. This is in expectancy of a very nice influx of cash following the uplift at the end of March. Sufficient funds will be available to clear all debt and to start accumulating cash at the bank. There are not too many oil companies who are totally debt free.
I would dearly love 515 so I could get out of this horrendous share after many years, including being completely screwed by Premier oil. After which I will put my money into something far more worthwhile like HUR
I’m still holding my 40,000 shares after all this time, and not even a decent RNS can help, it’s a terrible pity this news wasn’t 18 months earlier when it would have had an enormous effect.
Nice movement today, touched 2.3 P and hopefully may end up a little higher. Has there now been a realisation that another turbine being installed is going to create more income and finally see a future with this company. There will be doubters mentioning debt, yes it has debt but few AIM companies don’t have any. With the income the debt is easily manageable.
In which case the only way is up. Nice to see a little confidence returning, someone just bought 500,000 shares in one go. I still retain my 1,600,000 add don’t think I shall be selling any of them any time soon
Shivest, looks like your wish for 2.3 may happen today, 2.1 at the moment. I also agree it’s far too low and there is so much scope with the share, certainly more than anything else I am invested in apart from possibly HUR
I agree with what you have said, I also think that an announcement coming with the simple phrase “we are now debt free “will make a huge difference. Just the act of actually officially clearing the debt, not just the fact that there are sufficient funds at the bank to do so will be a huge statement
RE: China losing control of new Covid variant4 Apr 2022 17:36
The problem with China being like Russia, we never get the full and complete truth. There could be a huge more dangerous rise in infection across the whole of the country and we would never know. We get told what they like us to know.