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Im also building a position, at the moment I am sitting on the sofa, shortly I will be reclining and then latterly lying on the sofa !
Stumbled on this being the most traded share on HL recently. After looking at it and its surrounding Hype I see its another UKOG. KDNC, SOU --- ie ski slope chart swing trading on slim margins and never ending placings to pay directors kids school fees and salaries. This will drag on for years with keep em keen 'nearly there' RNS's and in 2030 I would guess there will be a new crop of posters saying it really will happen now after years of delay --- not for me thanks !!!
Finally after all these years I have decided Jimb2's pointless rampy waffle needs to be filtered out. I would love to know whether he is a sad little pensioner with a desire to preserve his pot - or a paid ramper with an agenda. Either way he seems to have a lot of time to post all this stuff !
Cc - I agree sanctions are a bit of a Ruse and I agree that 'refined products' cannot be traced back to Russian oil as long as non-Russian oil is also being refined. But how have they got around their oil being in the same pipeline ? Also arent domestic oil prices rubbish ?
I dont think this can have a massive breakout while the war is going on as they need to sell a LOT of oil on the open market to do this ??
Ray - if he worked at the local council he would have a final salary pension, it is clear from his continuous protectionary posts that he is trying to maintain his SIPP value !
But there are many that think you can accurately research AIM shares LoL !
And I cant understand why this isnt helping the SP ????
Everything here says "although seemingly cheap no one would consider ploughing any more cash in due to the multiple failed promises and now lack of meaningful info. I wonder if the BOD read these boards -- maybe they do to see if their strategy is panning out....
I dont think its healthy to 100% believe anything an AIM CEO says. Yes he seems credible but I have seen too many 'great storys' on AIM to hang on every word. Quoting Sound Energy, KDNC and UKOG as 3 examples of CEOs telling great stories and in the case of Sound telling us we'd be rich ! Fortunately in the case of Sound and UKOG I only had a small position and didnt stay long but KDNC has been like a tumour for a decade !
I am with you here - they could have at least said DFS expected by end Feb perhaps ????
Same view with me, he says a lot in the interview, but I have seen several CEOs say this sort of stuff (we want to make a profit or we are not a bank and surplus cash may be returned etc etc ) many times before, so in my book only RNS's count for anything...
Been in KDNC for a decade and they have managed to get cash and blow it on other things and never return anything to shareholders and on it goes. This is starting to look similar if the SP cant grow !
I was going to buy one until I saw how much more they cost in the UK than the model 3 ! No flimsy expensive to insure Tesla carp for me !
Never a good thing for an AIM co to have a large rise on no news though......
Porta- I think you are being naive - every BB has rampers and they will often flood the page with 'research' ie what ythey scraped from the web. I see this on EVERY AIM BB I have EVER read !
Very true and if he really does have circa £100K in this I can understand the his ramptastic activities !
Sound energy was an excercise in both messiah Complexes and acute confirmation bias for sure.
jonesy - you are right on the takeover price of bcn i was a largish holder in this. but most bcn holders considered that sub £1 was utterly derisory, and yes any aim minnow that is driven to a pitiful price is liable to a takeover in my view simply because when the price gets so low an offer even 2x the sp is attractive. in the case of bcn they used a placing to drive down the sp and when ganfeng took it over they naturally had the placing cash to spend on beer and ***s !
Often these shares that have a huge spread on them confuse the neanderthal way that many platform report prices. Many times I have seen AIM share seemingly go up or down 5% when in reality they havent just because the spread is moving like an accordian...