RE: Bid at the placing Price13 Jul 2021 18:56
I was wondering when you were going to bring the last placing up, the last time
1) it was covid year where everything shut
2) no interest in i3e share because of past drill failures
3) oil was half the current price
I am fully aware of flippers but this is dual listed with interest from both sides now, bybrook and miton have taken around third of placing share who wont sell.
Just take a look at senx, did placing at 2p, oversubscribed after the shares were listed it moved 50% quick.
Oil is above $70, production is over 18kboepd, NOI for 12months is $75m. More ii's will invest
Get rid of the mindset, what happened last time is not guarantee it will happen, you might spook some pi's into selling.