Member Info for legache

there we go, above 80p. It would not surprise me to see this much in the next few months. No ramp intended.

When is the ex div?

I have a funny feeling this is going to "breakout" above 80p. Soon as well.

Not sure if these comments are tongue in cheek or not. If not, you guys need to swallow a massive reality pill.

I say that as a paid up holder!

I'm sure they'll be back when its sold for £10

I think the broader point is that that's firmly in the rear view mirror...

Speaks volumes.

I agree. I must declare I have reduced my holding now to a nominal one. as they say, when the story changes...

I await a plan which will benefit shareholders. Not just year after year of lifestyle strategies. No Divi no cash return no real growth in assets or diversification.

I have posted lots here. But I'm now a tiny holder. Gla.

Absolutely agree shaley. They should be doing both strategies.

Wouldn't it be lovely to know in advance what the options might be?

Yes Goldie. I was a early days investor in DES and RKH. You say back in the day, it was only like, a decade ago. Funny thing is I remember the exact time place details etc of that day. The frenzy for shares the excitement.

Not a single barrel of oil has yet been pumped.

Anyway, thanks for your insight. Everything crossed eh!

Hello all,

Please allow me to be the voice of reason.

Sdx always underperforms on positive results. Source. Holder 5 plus years.

Sdx has just a 33% cos on this drill

Sdx directors have shown zero flair in spelling out a strategy should this drill fail. No contingencies.

Sdx are led by two dour accountants that I would pay to do my tax return but not to run an oil company.

Not deramping as I am personally balls deep based on the enterprise value as we stand, but let's not think this is a Rockhopper sealion type moment. It isn't and it won't be. Source. 20 years investing in junior oil and gas.

hard to tell if delayed through.

Seems like there are a few positions being taken here.

Having held this for many years, through numerous other placings, I can honestly say I know how holders must be feeing.

It's important to know that is a lifestyle business, that might one day be worth something. Unfortunately by then are existing holders will be diluted to zero.

Gl all holders

kiss of death! the bid then drops 2p! WTFDIK!

I can sell 40k in one go... Normally this means there is there a buyer on the other end. Enormous liquidity.

Shakey...the issue is, imo, the business lacks a long terms strategic focus. It's not really sure what it wants to be. The problem with being led by a pair of conservative accountants. Yup, of course on the other side we could be led by the inverse, a bunch of cowboys with great vision and no ability to count beans.

One thing Boxy is good at, and that's counting beans and therefore making sure his salary is paid. Wouldn't it be great if they came out with a grandiose vision we could all get behind. Fund managers love that stuff to justify their positions.

I intend to top up [aka put the final nail in this coffin] on further weakness.

Brave or stupid? Theres a fine line.

Deal done. Great news, immediate cash flows.

These guys get things done. Very pleased to be holding this gem right now.