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"You don’t have to be so concerned about me"
I'm really not lol. I was just suprised that you were shocked by the fall in sp when the technicals and fundametals have been clearly signalling that.

@Horult - it was you who mentioned these over on the i3e board, thanks for the tip, much appreciated.

pmjh - "I don’t pay attention to much else apart from official news releases, BoD interviews and whatever snippets I manage to find for myself".

Each to their own, but those are among the things I give least weight to, along with the hopes, dreams and desperate fantasies of bb posters. I give more credence to financial fundamentals and actual sp action since those things don't lie.

Not sure if we'll see 23/24... anything's possible of course, but we've had strong support from the 10 period ma on the weekly chart and that's currently at 25p, so hopefully that will continue and we'll maintain above that level:
https://tvc-invdn-com.investing.com/data/tvc_b509e96ceca68f7741d47ae2c8f4e43f.png

"Must admit, i wasn’t expecting it go this low after I invested a few weeks ago."

You should have checked the financials and chart before buying and ignored the ramping from the true believers on here. It's been in a hard downtrend for over a year and a retest of 25p is a dead cert in the absence of any catalyst.

I'm new to this share, someone tipped them on the I3E bb as another one of the very rare gems on AIM that make a profit, pay a divi and have good growth prospects. So I've come to have a look and from what I can see this looks like an awesome company! Sorry for existing holders to see the recent share price action, but the meltdown in equities is across every sector and every region globally, so it's suffering the same fate as just about every other share in the world. I'm going to start building a position from here, it already looks like excellent value at this level so I'll be happy to buy into any further falls. If anyone has negative sentiments about this company, the BoD or its prospects then please share them, I'd like to hear them just to make sure I have the full picture.

Another day of general market carnage, every major index across the entire globe is getting hammered as cash continues to flow out of equities and commodities. There seems to be few safe havens. Hold onto your profitable, growing, divi paying companies, buy more if you can. Sentiment will change and value will out.

"what takeover?"

There is no takeover, it's pure fantasy, we're through the looking glass here.

"This must be one of the best AIM shares out there at the moment"

I don't know any AIM shares that are even close to this. Profit+dividend+growth - Jam today and more tomorrow too.

robins - this is exactly like mining in lots of ways actually and you are right to treat it with the same sort of caution. Most of these companies evolve in a similar way and most of them end up in the same place, with shareholders ultimately getting burned, just like they did with sxx or wres or... literally hundreds of others who have come and gone over the years. The vast majority of these early stage companies fail, that's a fact and there's a better than even chance that this one will too.

The biggest factor in whether any sp goes up or down is the general money flow into the stock market. Individual company performance is a much less significant factor. Since the start of the year money has been flowing out of many sectors but commodities and energy have managed to buck the trend. We've had a few days over the past few weeks where those wider market jitters have spread to commodities and energy producers, mainly due to demand concerns fuelled by china's reduced growth prospects and recession fears in the west. We've seen all the producers drop significantly in the past 2 days, along with raw commodity prices. i3e were spared the worst of it yesterday, shielded by some stunning results, but have taken a bit of a beating today. It won't last forever, some positive catalyst for demand, like china easing off lock downs or less aggressive rate hikes, will see funds flow back into the sector. Supply contraints are the same so the market just needs a bit more optimism about future demand to continue to support the current levels of commodity prices.

Most other oilers were down 5%+ yesterday so maybe we're just catching up with that drop in the wider market. I don't really know why we're down but I've bought some more at this price anyway, the production and revenue numbers don't lie.

If I'm not too late, could I go for 120p please?

Kuurj - Technical Analysis of the Financial Markets by John Murphy covers things comprehensively. Have a google, it's available in pdf.

It's based on nothing but wishful thinking, clutching at straw.

"Anyway they are steadily chipping away."

It's taken 4 months to get rid of half so presumably it will take the same again if they continue dumping at the same rate, but maybe they'll ease up and let the sp rise a little before they offload more.

It means I'll pick up more shares with my reinvested divi tomorrow.

"Are we all expecting this to go through without a problem?"

Yes all good, no worries on that front, hold your breath until the cash lands in your account.

"Petro Matad have the permitting in place for the upcoming workover as part of the EXPLOITATION License "

If that's true then why do they say in their presentation that they will need approval from the government for the 2022 work programme, which includes the work over of the existing well?

https://youtu.be/0covqU8EQYY?t=1210

danielh - " Have you any idea what has caused this big fall in vod?"

A broker downgrade. BoA downgraded them from buy to neutral and reduced the target price from 188p to 148p.