Member Info for Krakenoil

Modestus - I'm fully invested in Enquest for a reason and that reason is I believe we are extremely undervalued.
But that makes no difference to how the market see's us does it
We are 19p because the market doesn't like us and until that changes or AB is ready we wont be going anywhere.
Just sitting here fully invested biting my nails

Barclays probably given up as well, the market just doesn’t like Enquest
Write what you like it won’t make any difference

Pyu Imagine where we’d be if Covid hadn’t happened, probably high 30’s

We need a 10% plus day tomorrow

Our SP won’t move until he is good and ready.
At least we know where the current bottom is and if he’s buying then the rest of the market should follow

Romaron Have you been smoking weed ?
Looks like the RNS was intended to drop the SP so one could buy 5m more shares off panicking investors.
Probably see another RNS tomorrow with another 5m bought as well.

Even that can’t spur the bots to prop up the price.

Why aren’t the people moaning at the refineries for high pump prices ? Don’t they remember when oil prices tanked and the refineries said oil prices were just a small slice of fuel prices !

Shh Jan don’t ruin it

Looks like the market has shrugged it off

The US will re stock the SPR in 2022 and 2023 lol

So now the fight is on how will Opec react ? I bet they abandon the 400k production increase until Feb next year

Blimey Biden has authorised 50m barrel release, I thought 30 was the legal maximum

Romaron This investment is getting to badly as well then, The lower the SP the more aggressive you become. I think your portfolio is now in the red and like me you are just as upset and frustrated.
You wont filter me

Romaron, So come on then what's you explanation for it then ?
Grow up and stop throwing insults around because there' s no one left giving you brownie points ,

We're a laughing stock , nothing else to say really.

Its a total Embarrassment.

So basically the GE value was $325m with Brent in the 50's
So with Brent in the high 70's it has to be valued higher than $325m say $375m now.
So without GE would our MC be less than zero today ?

The BOD must be pretty embarrassed with our current Market cap.
Its truly appalling

So today is the day the US plans to release oil from the SPR - I wonder how the market will react and how will Opec respond ?

Barclays raises its 2022 oil price forecasts by $3 to
WTI - $77
Brent - $80