Member Info for MrHHH

Im wondering why Gsk has retracted back after the excellent news last week. I was hoping for progression and a trading range above £18 for the first time. Not sure why its coming down again just a week after good news.

Sounds positive, lets just hope.....

Im hoping your numbers are right . I think your numbers are accurate too. If oil is found in commercial quantities,then much higher is possible. Depending on the scale of the find i intend to hold longer because if a production licence is granted it could be worth £1-2 3 years from now.

Placed my order today for entitlement. Plus excess. Come on Bahamas, please go ahead with the drill. And please hit oil.

I have been a holder since 2011 , and I'm down loads at this present time. Ive backed you again so please come good.

Good point yes il take up the OO. Might aswell. Hopefully wen and if the drilling starts it will rise allot. Good luck all.

What I'm trying to understand is this placing will dilute the share price further in the company with more shares in issue.The current price is 2 pence , the same as our offer price . So theres no real discount . You could buy these for a little under 2 pence yesterday. So do you buy more in the market yourself? Im really hoping more news is announced which lifts the SP . In the coming weeks before the deadline to take up our entitlements. Then its a good discount for existing holders. I get they want to offer it to long term holders first. But still a discount would have been nice and would probably drive more to buy in. I will take up my share anyway, been here since 2012. So i think its best to wait and see how the next few weeks go up to the deadline. What do you guys think?

Yeah but the temtation is there to still hold with the hopes of bigger divs and a sp rise . With my luck id pull out and then things would change

Divi income not covering it really.

It could be worse pal , i need a 70p shareprice to break even.