Member Info for MrG123

A top fund that has a lot of room for the SP to grow into. High dividend with a good capital growth expectation, what's not to like.

General market up, gas up but DEC down ☹️ SP never reacts to positive trends. However, as long as Rusty keeps sitting on his hands, we should see a return to SP increases.

I believe it's a great time for the company to do some buybacks.

Thankfully the UK market is getting behind the business, enough to absorb a lot of the US share dump. Saving DEC on the buybacks which is hopefully being used for debt payments 🙏

Average broker rating now $20. A long way for the SP to go as far as they are concerned.

The true test will come after Thurs (ex Div day). In recent times the SP has tanked just after. I'm selling some into the rise just in case but always hoping the SP carries on climbing.

Anyone seen GG 🤡 lately 🤣

A very good report.

SP is still at a large discount to the NAV so plenty of upside when sentiment improves. Money invested in buybacks, these shares remain in treasury and can be reissued when the SP increases to raise additional investment funds. Dividend is one of the highest in the FTSE and looks safe to continue.

SP stability is good as we approach the div date. Hopefully we will pull in some new investors.

Shorts closing, directors buying. Onwards and upwards for the SP 📈

SP still has a long way to go until it gets close to the NAV. A great discount to anyone buying at these levels.

2 Dividends confirmed is a bit of a comfort.

As for the SP, we need Rusty to go on a very long holiday. Maybe go on the round the world tour on a bicycle. Anything to stop him buying gas wells with shares. Let the company make some money and use that, no interest and no SP destruction. You never know, the SP may actually increase!

At least GG the 🤡 is not posting 💩 every 5 mins.

Not surprised to see the US market pull down the SP. The giveaway shares will be sold into any attempt to raise the SP. I'm sure Rusty and the gang are regretting doing that just before securing a better capital stream. Or maybe the institutional investors spoke up for once. Anyway, once they are flushed out, no reason not to see a decent SP increase.

Finally Rusty talks direct to shareholders and how he believes the SP should be a lot higher. In fact he is confident of a re-rate with a peer example of 2x the current DEC SP. Does this means he will will stop cheap share issues and let the SP grow?

Well I don't think anything positive has been leeked 🤣 get ready for a SP bashing on Monday.

An interesting week ahead as we head towards the results. Good to see the buyback safety net is still in place.

I think a lot of us were excited about a US listing. Rusty said it would bring great benefits. Especially the expose to a market that understands the business. However, all we see is a daily share dump when the US market opens. Eliminating any positivity from the UK morning sessions.

The US market is not to blame as I am sure that would be a great thing. Rusty giving away shares as part of a deal is the problem. The shares are always seen as cash to the seller and treated that way. Not a full dump and run as that would be a low price, just this constraint daily trickle.

"The Board believes it is in the best interest of shareholders to forego the payment of a final dividend."

Best interest for shareholders would be to vote out the board!

A bit of a shock to see such large volume sells again. Hopefully a pause and some profit taking, rather than another dump and run from the big boys.

It would be nice for the US market to push the SP up this week.

The US easily pulled the SP down yesterday with low volume trades. Was it traders and they will push up the SP today.