Member Info for legache

All this talk about a 10p takeover, AFAIK hey need shareholder approval. The register is fragmented now. Do you really think turkeys are going t vote for Christmas?

IMO Nothing less than 18p would be acceptable to the majority given the NAV.

wasn't that a sell?

regardless of the potential here, i am always underwhelmed by the share price. It always seems undervalued and never quite rises in the way it should on strong oil prices. It just needs to be taken private IMO.

I think 100 need to be first target as that is where we were before the shut in. Hopefully another aquasition or two will come

thats what the RNS says...

Good to see he's had a Lazerous-like recovery!

But why would they pay 12/13pps to then take it private at 10pps. It makes no sense.

They have reduced their positions since the drama earlier in the year. It must have been at a loss. They mind boggles as to what they are doing!

Parsimony Limited 6.52%
Gipson Family 6.02%
River and Mercantile 5.62%
Transact 5.19%
Nikos Monoyios 4.69%
Dr Valerie Brackett 4.09%
Hargreaves Lansdown Stockbrokers 3.85%
Interactive Investor 3.68%
TD Direct Stockbrokers 3.38%
D'Amore Family LLC 3.26%
First Equity 3.18%

So what do we think of that... Young guy, hopefully ambitious. A good appointment. I wonder how they found him...

well, there has been some quite chunky buying but i have no idea why the price is not going up or where the stock is coming from.

https://www.lse.co.uk/rns/SDX/spud-of-sak-1-well-lalla-mimouna-sud-morocco-j0d9zszm9d1g77z.html

what news?

Time will tell if this was a good idea. I can only see this rising next month on the resumption of production from Montera.

Ned, you are single handedly propping up the price. What happens when your wife finds out?

The guy is paid pr folks. Of course he was running it up

I'm happy to wait this out and see how the dice land.

Bottom line. You dn't buy a significant share of a business at 11/12p to then sell it at 8.5p without doing anything, hence, they will at some stage tell us all that the plan is going forward. If its rubbish then fine, but this stock is cheap on a cash plus assets basis [even FCF if they managed to cut back a little on CAPEX]. Thus more rewards than risks for me from these levels, and significantly so. I share the sentiment that the management are sharing their brain cell with Liz Truss, but there isn't much we can do about it now,. Boxy has gone, no doubt with a significant payout, and if Ried doesn't pull his socks up her needs to follow.

In sum: there is not a cat in hells chance i am selling my shares out of frustration.

150k traded and it's 830!

1000GBP traded today.... Big time!

hears = not here's.

It's like you're deliberately trolling me...

Maybe my expectations are too high...

Surely they can tell us why they invested millions in SDX.... Surely!

Topped up... The reversal is on...

Now all we need is a structural shortage.... Oh, hang on!

Anyone know when the div lands?

*in Paris... I'll get my coat!