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This week last year, we went up 12% from 85 to 96 and the week after that, we rose another 30% from 96 to 126... Scrap all that for this year. We took the whole of last week to put on 1 or 2 p despite a large Brent rise and today we have taken a few minutes to lose all those gains and now risk dropping back to the 90s. Zama? Catcher record production? Rising Brent? Forget all that. We at PMO have decided to go down... Go figure...

Mrd5432... Zama will give us a lot more than 2p and you know it. It’s huge. The problem is that I have given up on assets, fundamentals and potentials, until official news is issued and we are all clearer about how the company trading is going, production, Chevron assets bid, Zama, Sea Lion, possible bid to take us over or possible Rights Issue to buy another company. Until then, every minute, the wind changes. 9 am we are at 103.55, 11 am we are at 100.15... go figure...

Now ENQ are also up, together with RKH and an unchanged TLW, whilst PMO is down 2%, hovering so very very close to that 99-100 mark. It’s an absolute disgrace, market makers, manipulators and powers to be. Why can’t PMO clarify officially why all these f+++++ng GS RNS are issued every day, why they constantly bring the sp tanking down and what they actually mean? I bought more shares in PMO than all those GS RNS our together!!! Why don’t they issue many RNS about me?

Mrd5432... yes, I agree with you. Sadly we are not American and we are still in the penny share department.. with all our assets and prospects, this share should be trading at £££££

Now PMO is by far the worst performer RKH - up 0.7% TLW - unchanged ENQ - down 0.4% CNE - down 0.7% PMO - down almost 2% An hour ago, before GS RNS, PMO was best performer PMO - up 1.5% RKH - up 1% ENQ - up 0.8% CNE - unchanged TLW - down 1% So guys, for those of you who blindly insist that the GS RNSs have no bearing on the sp performance, why do we have a negative swing of 3%? Is Catcher on fire? Has our debt gone up by £ 3 billion? Has Brent collapsed to 40$ or has Tony Durrant forgot to cough this morning?

Mrd5432... well said. That’s exactly my thought and that’s why I am so frustrated with this absurd manipulation of our sp. we should be £££££ on all fundamentals with large debt reduction, excellent Brent hedge, very positive Brent performance, Catcher record production, Solan, Sea Lion and Zama huge assets and potentials. All, I mean all, should point to a huge sp performance, not least as there are constant bid speculations that PMO will be taken over soon. If that’s the case, why oh why are we struggling to be above 99p, yes 99p!!!!

Guys... 40 minutes ago, TLW was down 1%, CNE down 0.5% and PMO up 1.5%. Half an hour ago the RNS comes out and now TLW are unchanged, CNE down 0.8 and PMO are DOWN 2% and about to go below £ 1, when the way things were going earlier this morning, 105 was almost a certainty. Still think that GS RNSs have nothing to do with the sp movements? Then WHY is it that EVERY time a GS RNS is issued, our sp reacts by instantly tanking?

Mrd5432... we lost exactly 3p or 3% now. As soon as the GS RNS came out. And there are still people here so naive to think that the GS RNSs do not influence the sp.

Another week from hell. Biggest loser again. Oil dropped 0.3 dollars and we go from up 1.5% to down 2%, so we lost 3.5% in the last hour. Who was saying that we track Brent? 0.3 dollars drop and we drop 3.5%... imagine if oil dropped 3 dollars. Mamma mia

From 103.50 to 101 in a few minutes with Brent rock steady at 71.40. Why oh why oh why?

TarthDrader.... Grippa is .... I filtered him/her, but occasionally I make the mistake of checking posts on this board before logging in, so I get to see his vile comments. But you and I know that he/she is not interested in PMO and comments about it or analysis of Brent and markets. Wishing you a great week, mate. Let’s hope PMO can give us good news

Tarthdrader... You managed to even beat Givinthelowdown in the table of Friday "put your finger up and blow on it" Club... That is a major achievement... He is always the lowest of the lowest... Btw, this Friday Club reminds me of a lottery competition... "Choose 5 numbers and you will win the £ 10 million jackpot"... :-)

7zzzzzz.... Thank you. I have come across some hilarious posts over the years on this board, but that one was one of the best :-)

TarthDrader... ha ha ha ha :-))))))))

It means that no one knows anything about what the sp will be tomorrow, let alone in 2025...

Mytton... yes PMO at 120 when Brent hits 100$

Mytton... that PMO sp should track the price of oil is only normal, isn’t it? After all we invest, produce and sell oil, so surely our sp should be more related to the price movements of oil rather than beer, water or wine? But the problem is that when Brent drops, PMO tanks and tanks a lot more than any other oil share. But when Brent rises, recently PMO does not respond. The sp is static or puts on a miserly 1p and then all of a sudden we even end up in red. Last week Brent rose from 68-69 to 71.5 now and PMO spent day after day struggling to stay at £1. Maybe you are new to PMO, but a few years ago, we were praying from Brent to be in the high 40s and when it used to rise two or three dollars, our sp would should up by 10 or 15p... And I bet you that should Brent drops back to 68, our sp will tank and tank more than any other oil share. 100% guaranteed. But I hope and pray that we will not look back now and that our sp will be ££££ soon

Mytton... yours is the most idiotic analysis and your post is as flawed as any I can remember. Last Oct PMO was trading at a whisker under 150 and TLW at 260. Last Xmas PMO has plunged to 55 and TLW to 176. Now PMO is 102 and TLW 240... so TLW is only 8% below what it was last Oct whilst PMO a whopping 47% lower. So who lost or gained more? Unless you are blind to the figures, then you know full well that PMO has underperformed abysmally. And as for ENQ, they had a huge share dilution offering a Rights Issue at 21p when the sp was 35. That was a huge 50% discount to the sp. So you can’t compare and like for like, PMO has a huge amount of catching up to do. This share was trading at 550 in 2011 and 8 years later it is struggling like mad to stay above 1£, despite Catcher, Sea Lion, Solan, the huge Zama and all the bid talks surrounding us. We should be £££££ and not the paltry sp we find ourselves in. I absolutely love PMO as a company and will never sell my shares unless they reach £££££, but to deny the obvious, that our sp has fared pathetically over the last few years, is either living in another planet or being a huge ramper for no reason. Which of the two are you?

F*** it now. Back to the drawing board. Have enough of this nonsense. Have a nice weekend everyone and speak next week

How can we lose 2.5% in a few minutes with Brent going up and breaking 71.7 ?!?