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12.16
So a 2.3 to 40p projected iyo spread, all good for you lth regardless, obviously this is on good news. The yanks are going nuts over this on both 88e and Pantheon. Silly numbers like $1- $10 are constantly bandied about. But personally even smaller prices than what you have alluded to as possibilities are welcome IMO.
8.12
American crazies tried that in Washington and we all know how that turned out!
They just go crazy over stuff all the time, it’s like the measured approach part of the brain has been removed, yes I am grateful the price has increased, but it’s always tempered with the thought it cannot be sustained without hard facts, of which there are not much atm. As for demanding they should know 1st. Tough, there is a process to be adhered to and no dummy spitting tantrum is going to change that
The pessimism that flows through me doesn’t believe this run will become reality, but then as a newbie who am I to judge, my portfolio is very limited, and in its infancy so have so much more to learn and understand. I’m never this fortunate!
21.18
So reading the report on Rockhopper (thanks for the pointer btw), a 5 fold increase in share price on a comparable probability of commercial oil, so 88e should be approximately the same, or more than a dollar if the oil observed is of commercial viability such as Rockhopper.
Bear, that is certainly not losing your bottle, that was a master stroke, you’ve not only recouped your deficit but now you have made a marked improvement not only for your well being but also to your family. Congratulations and enjoy it.
Thankyou for your support. Usually everything I touch turns to crap, maybe I should also buy a lottery ticket today too!
I know I won’t make huge profit as I have de risked but my price came up so it was prudent to do so, will I regret it?
Slightly maybe that I wouldn’t gamble the lot, but I can now relax, quite suprised pantheon went down with their positive rns though
I just completely de-risked and am on the free train, was never going to make the crazy large numbers of some of you with massive holdings but I had a plan and I’m sticking to it. I will say thankyou to all the posters who I have learnt from however, invaluable insight and advice on trading and risk/reward. Gla
Well if it does get to 3 tomorrow in the lse, I can go for the free ride option, I have a small amount held but even so, it’s an eye opener as to how things can go either way, Panr had a good rns and yet their price hardly moved