Tarmak, I buy the dips, Not sold a single share since Feb 2020 Not interested in trying to trade small volume and I wont risk a large volume trade here as knowing my luck the moment I sell the SP will take off and I would be fracking FURIOUS
Mrc - Lets just look back on your posts when you suddenly appeared on the scene shall we. You were one of the worst non stop de-rampers we've ever had on here. Went on for weeks non stop... You even told us to sell out fast as Enquest was going bust..... Then a couple of days later once you had bought in you turned into Mr ramper And you have the nerve to have a dig at me ! I still haven't sold a single share since buying back my stock in 2020 (I posted what I was buying before I had bought to prove I'm no liar) Done the same with a few top ups through last year as well. Still holding 2m
I wouldn't buy just yet, Wait until the Iran sanctions are lifted and the panicking start selling, give it a day or 2 then start buying, all depends on how much oil Iran has in storage to flood the market with !
Its obvious that the return the the Iran deal will go ahead albeit most likely in Iran's favour so we have to let the dust settle next week and see where oil prices will fall back to,. Mid 80's is what some are predicting. We should start seeing more buyers return to the market once this is out the way. Bumpy road for the next couple of weeks. Then we need to focus on supply racing back into 2023 like the US aiming to hit a all time high next year
Has anyone tried emailing the Brokers directly that cover Enquest ? Just interested if they replied or not. Their email addresses are on the Enquest website.
Hitman, Come October 2023 we shouldn't have too much left to re-finance if oil price hold out and we can hit the upper end of the guidance for this year. This year is crucial for us - that's the risk the market sees
Blimey be realistic, there is zero chance of a dividend payment or share buybacks until our debt level is below $500m and we have addressed our production . A published plan to return shareholder returns is what we need for a push., will that happen at the AGM I doubt it. I've given up on hype
At that's with current oil prices holding over the next 18 months Fingers crossed as we ain't out the woods yet, in fact far from it if oil prices tumble again.