RE: Anyone know the protocol to complain18 Jan 2021 10:58
Petroleuminvest..... and others moaning about share dilution. Yes shares have been diluted, but with reasonable cause. We bought a production company and now we are spending that very money on drilling one of the most CLOSELY WATCHED wells on 2021. The money has been spent wisely and you won’t all be moaning when they release results of high commercial grade oil. Probably in the billions of barrels worth? Share price will go from 2p to most likely over 10p. Perhaps in the 10-25p range depending on how much oil there is? I strongly believe that it’s a not “if” it’s a “how much” scenario now. And a case of “when” we are all told. Share dilution that has ALREADY taken place will be a distant memory and we will all be reaping the rewards. In the mean time, shall we all stop moaning about how disgruntled people are? All in the same boat pardon the pun, and that same boat will all sail up to where there is MASSIVE quantities of oil.
So relax, it’s a bumpy ride but the BOD are sitting on a nice news announcement for us all. In my opinion of course.