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Just bounced off $65.5 that should have said, At least we know why oil stocks took a hammering today. And they say the market isn't fixed

Brent just $65.5

she's tanking now

Dropping like a stone now $66.5

Just about to fall below back into the 66's from $68.2 this morning.

This is catastrophic

Harbour suffering the same sell off today as well, Tullow not so much

Don't fancy going back to 12p but on the chart we could be there in 2 weeks time at the current daily average drop of 0.17p per day.

Showing on the company website our major shareholders have reduced their stakes and some have dropped of the list.

The last time the SP was at today's 15.8p Brent was trading at $63 back in February, looking back at the charts we seem to have over shot to the downside compared to oil prices, the market is looking for some positivity, it all seems doom and gloom again.

Mrc - Cat got your tongue

We must have something fundamentally wrong to keep dropping like this. WTF is going on.

Who sold 410,000 shares this morning?

Also add India to that and the new variant of this never ending Covid and we have uncertainty again throwing a spanner in the works. We also have a problem at the airports, the queuing for the testing is a total joke, taking hours and hours to get people through , how are they going to cope once they relax holiday restrictions ?

In the past Our SP always climbed fast when Brent went above $68. If we are red again today we have a serious problem

Well not hedging more than 30% the company has taken advantage of the higher oil prices, so I’m gkk on ad he didn’t. The market at some stage has to value Enquest on performance, future performance.
Maybe things will spin round for us sometime this year.

AB must have a get out plan surely. I’d love to know What that plan is, let’s be honest he won’t be able sell his shares without the SP crashing. I doubt he would retire without cashing out or will he just put the company up for sale ?
What’s the plan ??

There is only one way to make a stock attractive and that is to please your shareholders, we haven’t please our shareholders for the past 7 years. Give us a plan on where we are going and if oil prices average x amount we can get the debt level down enough to return to paying dividends.... give me something ffs

MRC most of us have been in Enq for years, you've been in 5 min after constant de-ramping telling us all the company was screwed. Your are the worst one for changing direction, I'm here because I believe the company is a great investment but that said no one else does even after we massively outperformed both TLW and PMO and rode the storm far better, But that doesn't make any difference if our bloody SP and volume doesn't go up.
5 years of market misery - Keep hanging on because I know ENQ should be valued much higher.

This is a joke now, We are now down 33% from the beginning of March.

I'm now considering throwing in the towel. Something ain't right here, we should not be down another 3.5% toady.