Member Info for MajorHayze

Lots of sore vag inas in this BB I see.. who'd of thought holding longer and being massively out of pocket gives people the right to be rude to new (better placed) investors.

Quite nauseating really

Lots of large trades being printed as sells - not been offered anywhere near that for mine. Looks like they are trying to curb a rise...

Naive people that don’t believe forward selling occurs..

Today - not pinged throuhh on LondonSouthEast yet

What debt?

Who cares if it drops Monday and Tuesday... the clues are there, the valuation is wrong on every metric buy as cheap as you can and sell when the correction eventually happens.

Or for enough money to buy yourself an ice-cream and then continue haunt the Bb... like some people wink wink

Due to the placing shares here in the UK there has been substantial downward pressure caused by selling, this is the sole reason for the price disparity.. as we know same company and as such should be valued the same.
WSE mcap is circa £210m
Our mcap is circa £42m
Not to say WSE is correct but even if it where to half it’s still 150% more then us.
As soon as the downward selling pressure (overhang) is done in theory there should be a sharp movement to close the gap.
Then there is liquidity events on the horizon drill news, work overs etc etc
The company is in a strong position financially, operationally and near term news flow could compound it further
Plus a rallying oil price forecast to continue its run... all is well here!
Hope that helps

Haha yes number don’t lie, so let’s revisit them shall we?

Trading at a 75-80% discount to WSE main listing
Debt free
2 profitable fields
Developing Romania with a further drill planned after this current one
Work over to increase production and profit in Tunisia this quarter
Historically astute investor taken a position recently
Overhang all but clear

I’ll leave the rest up to you...

Then **** off, if you’re out you’re out?
I’ve been buying since 2.27.. you make a point to keep coming back and posting about an old placing that is cleared. Get a grip you clown we will see won’t we? happily meet WSE in the middle and still multiply my investment several fold with most in now.
Bye now

Absolute madness that’s someone, post dilution post overhang clearance, complaining about a share issue that has rendered the company debtless?!

Beggars belief where these people come from...

If you were in prior to the dilution bad luck.. post dilution and overhang clear you now have a massively under valued company with zero debt... now is the time to buy.. just a quick look over the water tells you that and that irrespective of the oncoming resource results.. that’s a bonus as far as I’m concerned

But keep banging on about the 786m shares issued months ago... think we are talking about 2 different companies get with the times

Wow now you’re just stating the obvious...

I’m not interested in arguing with someone with zero grasp of what’s happening.. at this point you are just shouting out random sentences haha

Everyone knows the shares issues, everyone know the overhang...
You DONT seem to grasp, the disparity in mcap which takes into account the enlarged share capital (obviously very important to you)
Sounds like someone bought at the top and is very bitter.. we are all buying the bottom on the inevitable rise. Better luck next time

The seller is here didn’t argue that.. been here for the last 80+ days... are you investing in a seller or a company.
WSE is showing where the value should be - clear as day staring you in the face - the overhang is nearly gone as per my original post.. despite the huge overhang it’s risen almost 100%
Debt free, cashed up, making money, with drills results to come and arbitrage on dual list screaming in your face.. value investing case is clear as day.. but hey you carry on bleating around a seller on fumes..
You’re the clown

It’s the same company you clown.. MCAP should be the same. A clear case for the most basic form of investing - value investing
If they are toppy on WSE fine but we are undervalued on every metric here... when overhang clears its rockets, simple as that.

*enjoy

Funded until November 2019

Taken a few as lacking some excitement, looks to be some decent buying coming in at this level so good time to jump on board...

You sound like a moron ‘bro’.., go back to you're Haribo whilst the adults finish talking

Lol MM paying a premium to the open market.... good one haha

Yes the share price is flat... SCREAMS terrible news ahoy (face palms)

Wow what a day... finished in a technically favourable position, cashed to current cap... some tasty looking charts trending on twitter. Stacking up to be a real mover this, NT prevented me picking up more today... maybe tomorrow, not sure they’ll get many selling into closer to IPO price of 25p this time round though...