Member Info for maccado

According to AJ Bell

Under the terms of the Class II DCUs, your account will be credited with GBP0.00756 for each DCU held as of the record date, 28 June 2024.

I think the reason it is quite an active chat board is because of the suspension, it is understandable that shareholders have concerns about this

Anyone who makes a decision to buy or sell based on what is written on these boards needs to give there head a wobble.

I will choose to hold or sell based on the updates that are given on relisting

TBH the short term share price effect of the presentation is irrelevant to me, the fact that the board are keeping shareholders up to date with what is happening is great. I wish some of the other companies i'm invested in where

Affm if 5 wells flow at 1000 BOD then great, but that's just wishful thinking until we get an RNS giving us flow rates.

I really hope this comes good but why is it when a shareholder has genuine concerns about the way the company is being run they are labelled as some sort of paid stooge.

Affm I am not planting seeds of doubt the board are doing that with the lack of communication.

As for 30-50m mcap, I hope you are right but it needs to be based on facts not wishfull thinking

Any SP predictions here are just wild guesses and are pointless.

It has been nearly 2 months now of temporary suspension without updating shareholders which is really really poor and does not go down well with shareholders.

The only way to put a value on the SP is based on the oil well flow figures, we were told these were being worked on at the start of August but have heard nothing since again really really poor.

I am a share holder here so I am not deramping but I am very annoyed at the way shareholders are being treated and am losing faith in the ability of the board to act in the best interest of the shareholders.

I imagine I am not the only one so they are going to need to release some very positive updates to prevent a mass sell off on relisting

There are easier shares to trade than this, for me this is one to put in a sipp and leave for a few years

Can only assume whoever was selling is still selling

Great news for those of us who have held through the difficult last few weeks, hopefully this will be the start of a serious rerate

Good to see the accounting is being progressed, but a guide to the expected timeframe would have been useful

Affrm can you tell me what flow rates your mcap is based on ?

I'm not trying to cause discord, I am a holder here.

I just get a bit miffed with people claiming market cap of X without anything to back it up.

Yes we have a good deal 10% /12% royalties but the critical thing is flow rates for the wells until we get these figures it is impossible to assign real values.

"Stuart our market cap fair value should sit between 30-60m MCAP"

Based on what ? without any information on flow rates it is impossible to assign a meaningful value

The share price is not going to rise until the seller has finished unfortunately, hopefully that will be soon

It has to be a large holder looking to de-risk prior to drilling.

Hopefully they will be done soon

i guess your trade went through on plus as are a lot of trades now

http://www.investegate.co.uk/Article.aspx?id=200902020743166107M

http://www.investegate.co.uk/Article.aspx?id=200901300715095151M

http://www.investegate.co.uk/Article.aspx?id=200901261225192418M