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I feel that there are three core arguments there, one the assets of the company, they are more than capable of producing a good revenue stream, just not enough for the greedy directors. two the poor director management (poor in bad management rather than money poor as they are sucking the oil from the company!).. very wasteful. three where do kea go from here?
I predict a series of news flow about kea assets..
Kea have a good revenue stream at current prices. They have high outgoings which I feel are not realistic... could a major / interested share holder take over from the current director and kea can run as a going concearn for the short term?
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trades let alone disclosures! lol.. pfff
Every little will help.. we can kick the bod out together and get that 220,000 salary reduced to a reasonable rate and return it to shareholders. http://www.gofundme.com/TheInvestingEdge
so.. what do we think? any offers? what price? hard to judge really isn't it.
Missed a great opportunity there fellas! hahaha
A crude response: great oil price correction coming soon https://www.youtube.com/watch?v=oiQQeQz0j0Y&feature=youtu.be
so many in one day!
Sure do guys... I am tempted to buy in though in case they do go / have some news. I figure it has to be worth a punt now right?
That is just stupid imho selling after such a loss. I would leave the money there as it is really not worth the time and even thought! Bod needs to be removed as they are incompetent though.
No big sells, no big buys... shut in is good.. as per onion and shake, I agree this will hold value. Long term view, put assets up for sale, the director salaries HAVE to be slashed now.
2015-01-14 12:07:51 1.59 30,394 1.30 1.60 Buy £483
and people say... "doomed"... makes you laugh.
I wonder how much money is wasted each day on rubbish trades like these across the worlds markets.
About time as well.. that spread was crazy. I just did a dummy sell and was quite pleased to see that the bid was up :)
I agree with you onion, it doesn't take that much gas to run a generator. We are no doubt flaring more than we should be unfortunately. I still have not had time to read the 200bopd break even statement, can you point me directly to which line you are looking at?