Member Info for ocelot

We are already looking good, because 7 FTSE 350 constituents have market caps currently below �700m (and we are above �800m).

Not sure about eligibility requirements, because Genel is not a UK stock, it's registered in Jersey,

Think it's already there: there are 7 FTSE 250 stocks with market caps currently below �700m.

Can't wish that on anyone, so let's just see with our own eyes how things develop tomorrow and in the days to come.

So why not wait for all that before deciding on a buy-in price?

Well I sincerely hope your eyesight is better than mine!

Personally, I've been waiting for the stock to put on 20p or more in a day. In truth, I've been half-expecting it to gain 20p or more each day over 3 days, which helps explain why my Friday Club targets are always at the high end (Tartine excepted, of course). But, as you so eloquently put it, Hawkey, WTFDIK.

Follow-on from last year (?). Nazil is Karamehmet's daughter.

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... �Today�s ... statement had a positive tone and talked encouragingly about the outlook for Peshkabir and Genel�s continued deleveraging,� RBC said in a note. �Iraq�s recent elections appear to have had limited impact on the region and with leverage to current oil prices the stock should continue to perform well.� https://uk.reuters.com/article/genel-output/update-1-genel-energy-on-track-for-kurdish-output-growth-shares-jump-idUKL5N1SO22Q

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Rypod, Agreed. Risk averse, by definition, means you are averse to taking risks.

Does mean you make an assessment of risk beforehand, that, therefore, risk is a key criterion for you, that you are "risk averse".

very solid balance sheet, virtually no gearing. Think, over time, it may not simply be a question of arriving at the book net asset backing (of about 425p) but of commanding a premium.

Risk averse refers to an investor who, when faced with two investments with a similar expected return, prefers the one with the lower risk.

Gerry65, You appear to be a risk-averse investor. UKOG is an almost pure oil exploration play. What is it in UKOG that attracts your interest?

Has somebody been taking advantage of YA's selling to pick up stock?

... our strategic ambition of being a world-class independent E&P creator of shareholder value.

ie., zero net debt by the year end at this pace