Member Info for Mike56

I know that but he hasn’t been appointed so why leave now

Well very interesting either he knows it’s going down the pan ( but you would think he would start ditching shares). Or he knows JB is going to get in, it’s got to be one or the other in preparation for next weeks meeting.

Thanks for the reply

What is a conservative guess on the share return if they end up striking oil and how long would you expect to hold here for that to happen 12 months???

Everyone is entitled to sell when they like if it’s today and goes up then so be it if it goes down all the bull shxxxxxs will be saying they sold at 18, James isn’t going to get in and he won’t be buying 29%

Not at all once sold move on

Too many sales today for them not to include people in the know as everyone is supposed to be sitting tight for a surge

After all the excitement of the 60 days of selling and the guessing the price game on a daily basis I’m afraid it’s time to release the money invested and try elsewhere. It has gone from “this will be 20p come Friday” to this will be 20p for Christmas and 50p next year. My thoughts are there are other shares to invest in on a weekly basis to get to the profit talked about in here without the risk. Too many times have the excuses been posted “ it will fly when they’ve all gone” “ it will fly when he is CEO” he isn’t going to get control and the way he has gone about trying to get there makes me think there is a different game plan afoot. Good luck guys staring at the oven waiting for the soufflé to rise, I don’t think the oven is even switched on yet

I agree I don’t understand what JB has to gain, which would you vote for. JB who made a rash decision to sell his shares now wants control or Glen who when was last in control made a shed load of money for the firm and now is back in control and holds the cards in regards FCA dealings is a current significant share holder and has the qualifications to deal with the issues at hand. If you had to vote for one of the following which would it be Glen , JB or a guaranteed 50p share price

Hi my first post on here, I have been following this for months now and I’m no further forward in trying to figure out the outcome.
If JB is wanting control I can’t see how he would get it, he has no position in the company, he has no influence as a share holder any more and doesn’t have the backing of the board.
If he stops the sale of shares from tomorrow and buys back in he will have no more influence than he did in June.
I can’t see how he could ever gain control without the power of being a major share holder and no confidence from the people he would need to work with.
The only way this share will rise is from positive news from current board, no one would make a bid for this company until the outstanding issues have been resolved.
Crunch time is 4.30 tomorrow either hold on until news is released Friday or sell and watch what happens from the sidelines.
My guess is most people that bought around 6-8 p will sell 1/2 and get some profit and take a chance on the rest.