Member Info for ocelot

http://www.rudaw.net/english/middleeast/iraq/150520182

It's because "there are a rather large no. of shares" that the share price is quoted in the low pence. If there were 10 times fewer shares, the price per share would be 10 times higher.

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God bless.

Nope. However, it does remind me of the stock which rose to 11p last year.

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not all assets generate the same returns, would be one explanation.

So, on the same basis, Genel's share price would be about 630p.

On the basis of BP's Q1 figures, looks as if BP is on a price: book net assets of about 1.5, ie 2.5x that of Genel.

Net book assets at 31/12/17: $1,609.8m @ 1.36 = �1,183.7m = 425.2p Current share price: 249p Price to net assets = 0.59

suspect some sold out with the intention of buying back in at a lower level, have seen the share price continue to run up and are now very keen to get back in again.

volume remains healthy: 928k so far.

:-)

Why will UKOG's high point be 2p, Buzzbuzz?

The fate of incumbent Iraqi Prime Minister Haider al-Abadi hangs in the balance as two other Shiite list candidates � Muqtada al-Sadr and Hadi al-Amiri had strong showings in the country's primarily Shiite provinces, including Baghdad... http://www.rudaw.net/english/middleeast/iraq/140520181

How do you know that, Buzzbuzz?

Having said which, if any shareholders are convinced the share price will go down, they should sell - clears out the loose holders, enables the price to rebound quicker.

Pboo, Long-term investor here - don't know where the labels of troll or deramper came from.

JL, They claim to be "the nation's biggest fish and chip shop" on a Friday, ... but Genel's Friday Club is catching them up in popularity!

It looks as if Wetherspoon's Fish Friday has a rival in the popularity stakes!