The latest Investing Matters Podcast with Jean Roche, Co-Manager of Schroder UK Mid Cap Investment Trust has just been released. Listen here.
Hi Cardinal 3 But surely there would be an adjustment to then show as sell? Anyway, I made £500 out ODX and am now sat on a £200 loss on this one. Just got back into "gambling" on AIM again after 7 years out of this place. I did very well out of SAR when it went from 0.17 to 4.2 in a day back in 2010 . Work in travel industry so as you can imagine have a bit more time at home to play shares. Just in it for a few 100 here and there. Obviously very volatile times. I reckon there will be another big crash as shares way over valued. Just wait until post covid economic reality kicks in. I reckon 5 year before real reovery.
Very true.......but it's still a decent buy
I only have 400,000 shares here so no big deal but can anyone explain why if this shares is so bad that there was a £74k buy today or maybe late yesterday? Why would anyone risk that amount?.......views welcome
So why so many buyers as well as sellers? We all know this is pure speculation. AIM is gambling pure and simple. Only invest what you can afford to lose. In my case 4.5k ...........sh*t!!! Will probably sell my miserable remains and buy a bottle of wine!
I've read the article an no ratifications are going to happen in short term. The Govt has just said that licence freeze is over? Clontarf is still worth a punt though
I thought the Ghanian Govt had suspended giving out licences? Did I imagine this? Any views welcome
Johnygreenfeet - well predicted. Still a potential gem though. Scaley499........hope you're right!
It's my Birthday would you believe. 55. I did say the other day I would be 60 by the time this comes good. Let's hope I was wrong. Getting their licence in Ghana would send this well over 3p. Thing is then they have to raise money to drill? Any views on what happens after they get their licence?
Am 55 in March. Reckon I'll be 60 by the time this comes good!
Gosh that would make my shares worth �106,000.......would be very happy
I think the oil price rise has caused a tick up here. If they can only get these damn Ghana licences then this will easily be over 1p
Am sat on paper loss of �2k now. Oh well will sit tight for rest of year and see what happens. Pure punt.
Just like the ones I used to know"..............
Brilliant - I hadn't thought of that. So that naturally could put Clontarf in a very strong position. If they get their licence in Ghana then presumably it will have an even greater value than normal. Fingers crossed
Oh dear.............You'd think there has been a ban all along for years!
Ghana ratification would see this over 1p in hours. At the end of the day though they need to find oil. Price is firming for oil with world uncertainties. This is a total punt but worth a punt if you can afford to lose your investment. Upside potentially in long run is good ............but it's just how long we keep on waiting.
I seem to remember it dropping to this level before this year and then there was the announcement on those licences. This is one just to tuck away and hopefully it will come good
I think its fair to say this is a speculative punt with very good upsides if they pull it off. I'm invested with £4,500 which I can afford to lose ( naturally don't want to). I think this is one of those where you don't remortgage the house for it but equally my £4.5k could end up as £45k.
Look at the price of UKOG with 3.4billion shares in circulation. Imagine Ghana ratification with 500m shares here. Maybe we might get a similar growth...and if they strike oil.................
Yeah, we're all here just waiting patiently