If I read this right KDNC have just realised a small chunk of BCN shares at their almost lowest level for ages just for some petty cash, thus harming both companies in the process - ie KDNC needing cash so badly and BCN having a major holder reducing. What utter tw$%%ts ! Lets see the KM luvvies talk their way out of this one.
Trouble is Netflix is experiencing subscriber burnout, a lot of subscribers have seen all of the content they want to and there isn't enough left to keep them on board hence the churn they have been experiencing. But VF are a multi-string business that can weather storms like this.
Yes - exactly, most AIM companies are only an inch away from being like drug cartels without the drugs ie its only them that win not the customers ie in this case PI's !
Yeah before everybody gets too starry eyed about this wonderful share and Mathiew Idiens leadership, have a look at where the share price was this time in 2014 (about 320p) and I still hold some at around this price. Rainbow chasing Junior oilers like this are a dime a dozen..
I have been in Sou for a while with a 5 figure sum, however I do find it disturbing for any CEO to suggest people not sell his share..I am in a number of AIM shares in oil and mining and so far have not seen ANY come to breakout/fruition yet even after bullish comments and insane ramping in some cases by major shareholders or board members. I hope this one can yet break the mould. I never ever intend to be the groupie of any AIM CEO like many here or on UKOG for example !!
Tend to agree here when people say they have huge cash in a share like this they fall into 2 camps - compulsive gamblers and I think you can guess the other !
My thoughts also, the constant blind faith in mr fatman carver and the several years of oilfield screw-ups delays and bullshine,,,, listening to all of this is actually worse than losing the cash !
Perceived capacity - we have some oil at HH and may have lots of oil in the future from other fields but until we get more solid flows from more wells like the Kimmeridge and others we have the 900ish BOPD plus some estimates which will not support a MCAP much above what we have given other factors such as cash burn...