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FK poor position by August? Which one? If your talking about 2018 well your not leaving your self much room we are no further on with well pretty much anything than we where 5 years ago except we have managed to cock up continuiously. I am more and more skeptical about what’s actually in the ground I did believe that they had oil and it was strategic to keep it in the ground until they could sell at international level etc. But all they have done is to show complete incompetence at every level management down. If it is all still a double bluff and they are playing games to keep all the news to a particular day and to set it up so they have even more share of the pie then that would not only be unethical (ha as if that exists in stocks and shares!) but I would say illigal. If how ever it is the latter and it is just one fu*k up after another then that doesn’t bode well for anyone!
Wow just another rehash RNS with more excuses, nothing new. Just to bridge the gap do they just sit round doing nothing I have never come across an engineering project that seems to go backwards more than forward over such a long period. Sigh....like a child I woke saw an email and stupidly got a little excited started reading and that excitement just disappeared leaving to the same old FFS comments.... oh well back to the perpetually waiting..
Spray, was that uninvested troll directed at me? If so it’s a bit of poor dig, troll being the not so new way to put anyone down who has an alternate view point to yours! Secondly I do have some shares in here! I’m not at a loss though as I managed to unload them when they where high, bought back in a few times and have an average under 1p all with part of the profits from selling out on the hype before the failed buy out of MEO back in 2015. Just to add that anyone with a negative view towards this or any stock invested or not is justly allowed to have and air it if they do choose, this stock has been awful the last few years especially as it ripped a lot of people off with their overspending, bad management and poor acquisitions
This has had a huge drop since last looking! More cr@p coming out of MSMN. Know a lot of people got stung when it was in the 20s. 5.4million sells ouch.
This had a 20 to 1 consolidation, it’s a real dogs dogs dinner of a share and a company extracting from old soviet wells. Well done to those who bought in a bit after the consolidation and waited until now to sell nice profit for you all. I broke even on this one sold after the consolidation before it went south. In the lovely world of hindsight It would of been good to buy back in when it dropped and sell up about now, never mind ay! Probably a good share to trade on the highs and lows (bit of a long wait on the highs) but not a good investment share!
Have to agree, they won't even take my small holding to sell a current price.... heap of cr@p share always has been.
Ah so consolidationand then further losses... just a crap share to be in. Was hoping for some gains but nope just more downwards movement. People who have stuck with this stock will be punished with further losses, get in very low and wait for the next P&D...
I'll take that wish I had got out when it was at 23p ....
That's the thing and something I've always been wary of I generally don't trust most people, especially when it comes to money, but that's why this is basically gambling we expect their to be truth due to legislation etc but if FTSE100 companies can basically get alway with feeding crap to market what's stoping AIM companies? We can only try and make our best educated guess. I got caught out with QPP (Quindell) and made a big loss, but then managed to make it back by shorting it and then going long and coming away with a profit all on a guess on sentiment. I really hope this does come good but not hearing any actually operational news about the main finds that made this go up all those years ago doesn't really hold well in my opinion.
Already typed it out so thought why not... you are just a barrel of laughs! Must have qualifications in how to make friends and influence people! I actually didn't mind your counter to some of the over optimistic opinions on here, but the more you comment the more you prove that your a very sad person. I actually fee sorry for you.
The reason there hasn't been a bigger raise is sentiment, not because of one persons posting! Too many broken promises on flow rates and news and delays etc etc people get bored and loose any sort of faith in a share after a while and move on to try make money else where. As it's been said this strengthens their position, but until we here some actual positive news about the drills (accomplished goals not expected, next week, month, year...) then it's not really going to move any. Ha sorry just read on and I'm just rehashing what coffee and fizzy have already posted....
He means you can offset it against your capital gains tax.
Are you referring to the comment about offsetting tax? coffee was correct about offsetting tax against losses. If we take uk tax system, I can offset on my capital gains tax, which I do. Other countries have differing tax laws and I'm sure that the likes of limerick that have a lot of money will not only have very imaginative accountants but also have his money in other countries.
Sorry guys, just read over the last few messages, it's amazing how the conversation goes to well thought out and level headed when certain members are not here to comment. Common sense is not so dead. Your right on the tax offset by the way. As we all know money follows money we can all but try our best to ride the coat tales.