Member Info for members

Hi Krakenoil, you know that I am invested in PMO, but follow ENQ with interest, in particular as I am curious to see how this saga of the RI will pan out in the end. A question for you... If tomorrow the new shares at 21p will hit the market, would that not dilute the existing 30-31 sp even further? Why are you expecting the sp to move up? Funnily enough, I think it will too, but I just can't understand the process?

Hi january, thanks for your kind words and nice to hear from you too... I do believe that PMO will come up trumps and as for your ENQ, the sp is so low now that I can only guess a bounce is imminent. Maybe even tomorrow? Good luck

Alfa, if what Marshall predicts happens, we will all be very happy investors indeed... The "man" himself cannot be wrong.

Forever optimist, Krakenoil lol

I totally agree with you, Ningaloo... Good luck to you too

Marshall... Thanks for your offensive words... whoever you are, I am not engaging in insulting. I am a kid and you are a man/woman. I do not however suck a dummy like you do. End of

January.. Tanking is the word...

It looks like I am just about the only one here who is not looking forward to the trading update on 15 November...
In the last 5 years I have been invested in PMO, trading updates have been a catalist for sp plunge in about 90% of the times and the debt decrease has always been less than forecast. Let's face it... Everything points to good things going forward. Catcher producing very well, oil about 80 dollars, Capex down, other projects going well etc etc. So, if the update mentions one or more less positive aspects, then the sp will go down. I am satisfied at how PMO has reacted to the recent drop in oil from 86 to 81 now, as usually the sp would have been nearer £ 1 than 1.30. But I am just a bit worried that despite all the great news and prospects, we are still at around 1.25 and I do not want to think what is going to happen if it is reveleaced that debt is going down less than we hope...

Thanks Krakenoil. Good luck

Krakenoil... See my previous post to you and Wisdom. Good luck, but I think PMO is a much safer bet

Wisdom.. Unless I am totally wrong, the price ENQ investors paid to finance the rights issue is 33, whilst the current value of shares is 30.50 and therefore you paid some 10% more than if I bought the shares now. Am I right, Krakenoil?

oh ok, Kraken. I get it now

Hi Givingthelowdown... Yes, you are right... I am actually very pleasantly surprised that we are still showing gains at 124, despite Brent currently touching the low end of 80 dollars...

As usual, morning gains have all but been wiped out this afternoon and we are back at 123...

Kraken, but if the shares are at 31.60 now, why would investors not pay 21 to buy more shares?

Very good luck with that, Krakenoil! I hope you achieve your target. Will the extra shares on 17 Oct not dilute the current sp of 31 even further, though?

I think he is serious about his health. No one would even remotely say to us that they are so ill, if that was not true. Good luck Sauerkraut

Not really, Alfamale... Brent is well down again to 80.40 as I speak to you and PMO is about 125, well up on the day. It makes no sense, but I shall take that! Let's just hope that we do not relinquish our gains later this afternoon, as it so often happens when the US markets open...

Kraken, so you expect Enq to keep going down until the 17th... So why did you buy into it now at PMO expense?

Krakenoil.. What's happening to your Enquest? Down to 31 now... When are the 21p shares coming into the market?