Member Info for Krakenoil

That’s a shame Jan, but family must come first. I’m travelling from Carmarthen in Wales, getting the train at 7.30am should arrive with plenty of time to spare. Looking forward to it providing the update doesn’t disappoint

Back to the 200 dma.

Can we bounce off it tomorrow?

I don’t agree, our board steered us through very rough times and without AB and the rest of them we would have sunk along with the likes of PMO.

Without the WFT we would be debt free paying a very nice dividend and our SP would be way above 60p, it’s been one thing after another and all out of our control

We need a good solid update tomorrow.

You need a bit of luck in this game and we’ve had plenty shame it’s all been bad

We don’t get rewarded we get the Open Offers and Rights issues.

The SP of HBR has climbed over 40% in six months but Enq has barely moved with just a 7% rise

Like I’ve said before where is the reward for our debt reduction and our buyback program?

Do we think the TU will be on Thursday or possibly before

You say the "SP will grow as debt is arrested, it always does."

Our debt has fallen from $1.8b to $370m and our SP has fallen with it

You say property is less stressful, its all ok if you own it outright without a mortgage and you have a perfect tenant.

My best mate might tell you otherwise when his one of his was turned into some sort of African food takeaway not too far from Forest Hill in London, zero rent paid for 18 months until the eviction completed only then to find out the true horrors what they had done to the internals of the house and the mountain of rotten meat, rubbish and God knows what else had been slung out in the garden. £89k later he then put all his property up for sale.

At this rate we will be at the AGM with the SP back at 12p

I feel your pain Jan, seems there is nothing the company can do to add any value.

Like I said before we could be debt free, pay $100m dividend and it still have a Mcap under £300m

Why ?

We thought debt reduction would add value- it hasn't , we thought the 15% sale of Bressay would add value - It hasn't we thought Buybacks would add value - It hasn't (Yet)

What else can the company do ?

We have been well and truly shafted by our MP's

A sea of red day after day.

I wonder if ML are deliberately putting pressure on the SP, It looks that way.

EnQuest is doing everything right but with zero market reward, What gets me is why our Mcap doesn't increase as the debt is paid down.

Parameters have been set by ML and that won’t change on this 1st phase, expect buying volumes to jump post 1st July as the parameters will be changed for the next phase

Yup buyback won’t help hold up the SP until this is changed. Not looking forward this drifting down again

Must be true, tanked oil stocks today

It looks like ML won't change their buying parameters until after this first phase completes on 30th June after that It looks like EnQ can have these parameters changed otherwise the $15m buybacks won't complete

Bored of waiting most likely

£15.7k Spent, was it worth the £250 cost of the RNS lol

Voice The buybacks were introduced to add shareholder value, that’s the whole point of these buybacks ffs

Of course I’m emotionally attached it’s my money that’s invested who wouldn’t be.