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Oh well... it gets worse... let’s hope the mani and shorting stops in the next few minutes. I’ve had enough of this.

The stock market used to be run in a simple way and the sp of companies would follow logic then... Oil company? Oil goes up, more profits, hence sp goes up. Oil goes down? Viceversa. A company reports good profits? So goes up and viceversa. The FTSE has a good day? So goes up and viceversa. A company has some good news in the pipeline? Sp goes up in anticipation and viceversa. All this is in the past. Now you wake up, see oil massively up, expect PMO to follow up. But no. Sp in the red. Bad news? No. Debt increase? No. Zama problems? None reported, quite the opposite. There should be a massive rise in our sp in anticipation of what everyone thinks is one of the biggest oil discoveries in history. To have these red days when everything points to a hugely positive future, makes no sense whatsoever.

Brent up 3 $ since Friday. PMO up 1p... Why on Earth are people here defending our sp performance is beyond me. What is the point in negating the clear evidence? Manipulation at its very best. Or worst...

Stealmywife... they are all up, mate!!! ENQ, TLW, CNE all up 1% and RKH up a fraction. Only PMO is well in the red. Are you telling me that with Brent at 71.35 as I speak to you, that PMO should be in the red, after an abject performance yesterday? What do you want? Brent at 200 $ for PMO to move up?!? Get real please...

Mrd5432. Someone would think oil is down only if you look at PMO. Any other oil share is well up. Once again trumped by the likes of ENQ, TLW and even CNE. Pathetic companies compared to PMO. Yet the only pathetic performer on the sp front is our good old PMO itself

Morning everyone. New trading day, same old story... Brent at highest level in 7 months at 71.15... All oil shares well up, but PMO unchanged at 102. When I say unchanged, I should say down from 1.04,50 reached yesterday at 4. There is nothing which makes this share move decidedly up, as it should and as it did in the past. Maybe, it will not move decisively down when Brent pauses for breath? Doubt it...

Chaps62... your predicament falls well short and you know it... you say several times in your post to forget the past and what shares were then, but then you go on to remind us how you sold PMO at £ 4 which was several years ago and then you bought back more recently at only 50p.... That’s bragging about at its best. You are the one, more than anyone else, who likes to remind us about the share prices of the last, to rub salt into the wounds of those, like me, who had the opposite fate to yours and weren’t so lucky. I bought at 180 and now my investment is worth less than half. So yes, I look forward to the future, but cannot forget the past and how much I paid for shares in this company

OWLS... but I bought PMO in 2014 at 180, so it still has to increase 80% for me to at least break even. And in 2011, PMO was at 550, so it has to increase 550% to go back to that!!!

TarthDrader... thanks a lot for your kind words. I’m sure however that many people here do not share them. I’ve had my daily dose of abuse by some, but hey? What do I care?

Mrd5432. I totally agree with you and I will certainly miss you, when you sell at 124. Good luck and keep up your excellent, positive work.

PMO should be £££££, not struggle to be around £ 1 and everyone raving about the sp increase

Dodger16... Thanks mate. How come no one close to PMO is buying then? 102.60 close is pathetic, on Brent near 71. Brent was around 68 or low 69 on Friday, when PMO closed on 100.25, so 2 Dollars higher now and PMO only 2 p higher? It does not make any sense to me. If Brent goes back to 68 or 69, do you honestly think that PMO will still be about £ 1? I certainly do not...

Took all day to climb to 104, took a few minutes to crash back to 102... Goldman Sachs RNS coming out after close, for sure

Says it all, really...

ENQ flying again up 7% today after 5% Friday and a massive 50% in the last two or three weeks, whilst PMO is up 1%. PMO is an infinitely better company and with much better assets and prospects. I really struggle to understand why we are still anchored to these very low levels

Dodger16.... I disagree, mate. We crashed from 148 last October all the way to 55 at Xmas and Brent from 85 to 49 in the same period. So at £ 1 we are still a massive 50% lower than 6 months ago. Any share which is showing a 50% loss in the same period, surely it is not overbought? And ENQ is up another 4% at 21 this morning, on top of 5% last Friday and some 50% since results were released two or three weeks ago when it was at 15...

Why on Earth are oil shares so weak, when Brent has raged from 68 at Friday opening to 70.80 now? If it had gone from 68 to 65.50, we would have lost about 10%... I have no idea what’s going on. New financial year when fund managers go on a buying spree, FTSE largely unchanged and Brent hugely up. Come on PMO.

JBatch... please read my previous post today. Profit taking? Maybe some will be tempted, but couldn’t be more wrong. Brent massively up and we need to start doing catch up. We underperformed all other oil shares and it’s time now to start rising properly. We are still 50% down to what we were 6 months ago!

With Brent at 70.70 as I am writing this, April and May best months historically for PMO and oil shares to rise, Zama news hopefully out soon, debt reduced every day and all other positive prospects like Sea Lion etc., selling now that we have managed to weather the worst since Oct last year and have started going back to where we belong, is in my opinion a bad choice. I understand that many here are now tempted to cash in profits and feel that at £ 1 this share has delivered good money for them, but really, this share is worth ££££ and is till 50% lower than it was 6 months ago. Do not forget that a PMO share was worth 550 in 2011, so we have a huge amount of potential growth ahead of us. The rise can be spectacular if everything goes to plan. Let's hope it does and w ecan all enjoy some much needed and deserved growth in our sp.

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