Member Info for LONGWAIT

Thanks for the link, Wraith.

I see that the directors imply the shares could be worth about 19 p, based on what's been found so far.

Job Langbroek, analyst at Dublin based Davy, described the lifting of the moratorium as “obviously positive” news.

Falcon’s shares rose no more than 10% in the morning’s deals and at around 11:00am were changing hands at 24.9p, up only 5.96%.

“People will realise that this is the only time you’re going to get in at these prices, today, and hopefully we’ll see the market appreciate that over the next few days.”

https://www.proactiveinvestors.co.uk/companies/news/195248/falcon-oil-gas-ready-to-reward-patient-investors-as-shale-project-can-now-advance-195248.html

I said it would not surprise me if the price fell to 25 on a duster, but at this rate, it could reach 25 before the result is announced!

I didn't mention market -makers, Paolo!

Manipulation is the name of the game.

Barring a crash of the general stock market or the oil price, we must be near the bottom.

Where is the 'continued selling' and the accompanying move to 10 p ?

I wouldn't be surprised if the price fell to 25 on TE9 failure and even 15 on TE10 failure.

That's why I am waiting before buying any more.

I would rather buy at a higher price on news of success than chase a falling price.

I don't want to be mistaken for a deramper - I am already losing almost fifty percent on paper - but that's what AIM has taught me during my own long wait.

Good point, Rocklawn.

I think charts sometimes take account of scrip issues and capital reorganizations, but not sure about share offers and rights issues.

You are right about a future 20 p share price being outstanding compared with previous highs, but if more oil and /or gas is found below Barryroe, it may not look expensive.

Yikes indeed.

It had already collapsed to 22.5 before the 2008 financial crisis, but then collapsed again from 33.5 until it bottomed at 4.75 on 6 March 2009, which was the day on which the general market bottomed out,

The manic-depressive price moves are breathtaking, with a fall from flotation price of 99.5 %.

Lansdowne Oil & Gas plc is an independent oil and gas exploration company listed on the AIM market of the London Stock Exchange since April 21st, 2006.

https://www.proactiveinvestors.com/LON:LOGP/Lansdowne%20Oil%20Gas

I imagine it floated at 100 p and closed that day at 105.5 p.

According to Google, it was 105.5 on 21 April 2006, 5.0 on 20 February 2009, and 64.63 on 27 July 2012.

According to LSE, the bottom was 0.47 last year, according to my recollection.

According to Google, the five-year high was about 40, the price being 40.75 on 25 October 2013.

I do recall that Malcy declared the shares seriously undervalued at 40p.

Thanks, Older & Wiser.

Judging by your screen name and number of posts, you've done quite a lot of waiting too.

I got out of PVR around the same time, at about 80, and am back there at an average of less than 12.

It seems to me that the only way that our investments could end in disaster would be if all the drills failed and the company could not raise the money to drill any more - and they could not sell the gas they have found.

Was that seven years ago, Mike?

The lowest price I can see for Ocado on Google is 56 p.

I realized long ago that if you sell shares in a company whenever advised to do so by experts, including brokers, then you will have no holdings left.

I finally bought back my holding - which I had sold in late 2014.

Some smart people here were buying at around 0.5 p.

I can't remember exactly how much I received, but I think it was about 8 p per share.

I remember that last time there was a correction from anywhere near the recent peak, it went as low as 44.

I think this is just noise and is irrelevant i the long run.

There are too many people looking to take profits for us to have a pleasant ride.

Two Brandon Hill directors have increased their stakes in LOGP:

http://www.lse.co.uk/AllNews.asp?code=2cehkd1u&headline=Brandon_Hill_Directors_Increase_Lansdowne_Oil__Gas_Interests_ALLISS

Are you sure the share price was around 3 p on farmout expectation?

According to LSE, it hasn't been close to that level.

'You are alluding to the fact that Hurricane will be bought out some time next year.'

It's not a fact until it happens!

'In a statement last week, Sound told investors that it continued to make ‘strong progress’ towards a gas sales agreement for the already discovered gas at Tendrara. It had been attending meetings with local officials to discuss the proposed development.

The meetings followed the award of a production concession for the discovery which edged the project closer to a final investment decision.'

https://www.proactiveinvestors.com/companies/news/207177/sound-energy-shares-in-demand-ahead-new-morocco-drill-programme-207177.html

Can someone please explain why we regularly get posts claiming that SOU has never found any gas and that its directors are fraudsters, preying on gullible investors?