Member Info for Margaret365

Looks like 113 is the new 107!

What would you rather be given I’m sure that conversations are ongoing to secure funds. The shorters are sat on large gains......will they want to risk these for the froth that maybe still lurking. IMHO, long is the play here at these levels.

That's some fall from £400m. Valued at a years earnings, just needs working capital and surely 3 to 4 x PE would not be out of the question...….that's £3/£4 (£1.5/£2 if we have dilution). Even that PE is low and warrants a higher rating if this Company can get the tax/fine paid and manages its working capital requirements. I like the risk/return with this one.

Any thoughts?

Looks a reasonable support here, I dare say there will be some MM games due to tight stop losses...….will be lots of twitchy investors out there!!! Im keeping a close eye and will maintain appraisal but on balance I'm a buyer at these prices.

This will reverse and quickly when it happens.

Deals will be being done with institutional investors, we know that this MC is crazy and the deals will be done north of this. The institutions can't buy any meaningful stock on the market at this price.

This has all the hallmarks, will bounce nicely and over the offering price initially.

They have generally pre empted the direction of the market, something I have watched. They have had a bid at 11.1 for some time, then 11.5 yesterday and today set at 12p.

If not in a closed period following the 2 RNS, I would expect to see further director cash which would be very welcome. I think an Oxy takeover is a no brainer now.

Agree to a point, however, the volume is indeed low which may indicate the seller/sellers have dried up. Those wanting to get shares may well see that as a signal that a bottom has formed and start to accumulate in the anticipation of positive news.

Flippin heck is there a move upwards coming, bid ticking up and L2 looks ok?!!!!

I don't necessarily think its a badly run company. Maybe day to day they can be somewhat backward at coming forward and late to deliver but the brains behind this appear extremely commercial, they bought well when the market was in the doldrums and the two recent deals will reward. The OBA will turn out to be a good investment and production is beginning to move in the right direction. We are making good profits.

We hit 20p very quickly from these levels on the deal news and oil find, we just need that momentum again to reinvigorate the boredom and malaise shareholders are feeling...….that's the reason we are at 12p again and £145m MC.

Platanillo 26 and Sol........?! sol spud on the 11th and P26 was 75% done on drill depth at the pre AGM update. New should really not be far away, our game changing year has gone extremely quiet and q2 nearly over!

Trigger happy sellers this morning, and good luck to them, will all be hovering over the buy button again. Made themselves a margin but won't want to miss out. £5m traded......that's nothing.

Long time supporter Malcy is yet to comment.....must be still eating breakfast.

Not long until we hear from Jonny, hes back in play.....that BMW, just maybe.....

Regular chunks being bought on any dip.

£1k a pip from memory, so that's £6k since mentioned......the new BMW is a distant memory. This is great news for the LTH and of course for the employees of TC, for which the last few weeks must have been somewhat alarming.

Not too others, standalone maybe......