RE: PMO and Brent18 Jan 2019 10:47
Dark_Night2020... Our sp is diabolical... I have been called Victor Meldrew several times in the past here, but facts have always proved me right and those people wrong... We went from 550 in 2011 to 19 a few years ago, then 148 3 months ago and now 70... I bought at 180 in 2012 which i thought was a bargain price... The company lost about 90% of ots value since 2011... that is 7 or 8 years ago... Fact is, every time oil goes down, PMO sinks... For every dollar lost on Brent, our sp loses about 5%, but when the opposite happens and Brent goes up, either we have very small rises, or we even finish the day in the red. There is always something... Solan delay, big debt, Chevron bid, possible Rights Issue, Zama RNS not announced, Tony Durrant communication skills and charisma to Institutions less than anyone else in the world etc etc