Member Info for legache

Who said they were mugs Topcatz?

Would only a mug hold TEK from 8 to 18p without derisking?

I am always concerned about why major holders sell would want to sell. Well, Apart to make a profit.

Sorry, wrong thread!

Doh.

Still shakey, that was funny and very true.

New Kid. I LOL ed at that.

Why the large spread??

I have got a large holding here. Been involved for years. Know this business quite well and see long term value contingent on management delivery. I think they will, but i think a lot depends on the q3 drills.

Anyway, that's not the point of my post. today i could sell almost my entire holding in on go. I won't willy wave, but i'm not holding a few k...

The temptation is to do it and chase the dragon on some of whatever the Redditors are pushing. It seems to make difference as to what the real value is. The basis of my argument is that i can no short term drivers for value here and i can just buy back in with whatever I lose / profit in a month or two?

Thoughts?

Seriously, surely if you actually want to make money short a terrible business with an inflated share price. Its seems to be me SQZ is the opposite, but maybe my ability to read accounts and identify a profit, is an old fashioned method of analysis.

My reading is they will still be buying TEK shares, just through a different exchange. It'll be some form of arbitrage that takes place to allow for the currency.

I'm just hoping it can break 20p and stay there for now!

New kid. This sums up the arguments better than I could. https://www.thetimes.co.uk/article/bedroom-traders-are-misguided-in-their-rage-against-the-hedge-funds-q3qtsqf6r

The FTSE has performed as it has because it's full of crappy inefficient businesses.

Shorts are part of a healthy market and ensure a degree of liquidity

Nice 1st post, but, unlikely. Nothing to indicate such has been mooted.

Buybacks are rarely an efficient use of capital. It would also show the board have creativity or ambition.

Not meaning to wet ones bonfire, but I would love to see the maths behind a 10 fold increase in the share price.

You see these comments all the time on the boards. Not often do you see the maths.

Just when this board seemed like a bunch of lazy money grabbers.... they pull this out.

Time to email Boxy for more info me thinks!

Bravo!

Have you seen how much capex they are proposing. The objective is to grow. I don't understand your comments. The drills in Q3 look particularly interesting...

Why so?

The last management wasn't well-liked either. Maybe it's not the player, maybe it's the game?

https://www.proactiveinvestors.co.uk/companies/news/939440/sdx-energy-sets-production-guidance-looks-forward-to-new-well-programmes-939440.html

I'm a PI and I'm interested...

I'm not sure if that's what you mean? I guess you mean new and more PI's.

The story is getting a bit sexier, with the drilling... Who knows!

I just persist. This sounds a bit creepy, but if I don't get a reply through Investor Relations, I often email individual directors directly, message them on social media, or even invade their personal networks [its actually very easy to find who knows these people if you work in the city]. Likewise companies house will give you their home address .

This strategy has borne fruit for me. Back in the day, I actually became quite good friends with Sam Moody from Rockhopper. I don't think he felt the same, but hey...