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DC I saw something earlier (Cant remember where) where RBC had downgraded their valuation from 80p to 70p but that's it so far.
Found by Steelwatch over on the ADVFN board, for those who don't venture across there.
https://www.edisongroup.com/publication/lancaster-eps-performing-above-expectations/24722
Agreed, something seems off. Us plebs must be missing out on some sort of info the bigger players must be privy to, as I cant think of any reason for the SP to drop this much. Fundamentally nothing has changed (That we know of) since the Ker sell off.
Such Rapid drops like whats currently happening always make me curious, good news needed as seems we may be through the 45p support.
oh blimey so we've just shy of two months to go then! is that til flaring too or just til the drill is finished? Thanks Slip
Apologies for the nub question, but whats the rough time frame from LC spud to potential flaring?
Yeah that's a valid point, I guess I'm being overly optimistic about a negative situation. Either way my fingers are firmly crossed and hoping it will all work out fine!
Sipp, in your opinion it could actually drop that low if LC pans out similar to WD?!
Thanks DC, did they suvery the route from WD to the AM? I have appalling memory!
Not sure if 've missed something obvious here, but why survey the seabed between TL / LC and the AM if there was the potential of another WD?
Apologies if I've missed something blatantly obvious please do shout! :)
Another day another painful start. When will this stop getting pushed down! Need a good news (Offload) RNS soon to help bump this a bit.
This share still baffles me. Doesn't make sense to me how we're still bouncing around 45p despite now two offloads (Yes obviously awaiting confirmation on this last one). Okay WD did not have the result we all hoped for and there was the K sell off, but I would never have imagined the SP to be what it is now given all the other bits of positivity.
What will it take to actually boost this back up in peoples opinions?!
That's about a week ahead of schedule is it not? Surely showing good news!
The Driver, you're a grown man, stop acting like a 10 year throwing toys out their pram because you missed an opportunity. Awful attempt at de-ramping.
Another point, and apologies in advance my oil knowledge is quite limited. But what does all of this imply for WD?
not a moan, but a genuine misunderstanding of what the hells going on at the moment.
I don't understand how we're below the highs we saw earlier in the month by this much (Almost 15%). Considering the mile stones we've passed, and how oil is back on the climb again I don't see why periods of no news cause such drops.
There cant be a negative news leak IMO as it would be dropping much faster than it is, so presumably short term profit takers getting itchy feet, but long term hopefully a spike up to above where we were previously around CMD / WD RNS.
GLA
agreed on that point! its incredibly frustrating to watch it pass such large milestones, but see such a drop in the SP. Now falling to c.53p is insane given where we have been at this last month.
I'm also in this for the long run much like everyone else, but I must say I didn't expect to see sub 55p again. Or not this close to Foil announcement at least. Rather disappointing I must say, bring on the WD results.
I must say, whilst I didn't expect the SP to jump significantly, I didn't expect it to drop 2%+ today. UK market Opens, SP drops before stabilising slightly, US market opens, SP drops quicker still. Very frustrating really.
Okay ignore previous thread. Found dates, pictures old.