Member Info for oldabutnowisa

...the shares knowing they contain the poison pill of an imminent rights issue? O.K they will try very hard to delay the rights until they get their court application heard and (hopefully) a stay won on the rejection by Govt of Rajasthan's rejection of Bhukia. That is not a given but likely. Sadly, this is a bottom drawer job and nearly all the value has vanished for now. Good to see that they keep us informed and do move fast, but that's not much comfort.

My sizeable holding of DNDL will betroth me to you shortly, as the two ITs merge. Looking forward to an even better performance in due course!

Meant they are now worth 250p!!!

Pattern of newsflow extremely encouraging but SP becalmed. In my book these are already worth 2.50p but market will hear none of it. Tarred with the 'Property' brush and they seem to be largely in the doldrums for now. I also think Brexit/ reduction in foreign students is scaring off potential buyers. Like many such stocks right now, its a case of take the nice divis and wait.

Last scrip divi ref price 80.36p in mid August. This drift looks to me like these are at a discount for the first time since the rns about the divi being reduced so that it was covered by earnings. Since not even Jeremy's lot could afford to bail out the NHS AND take over all medical centres, MXF is even safer now the divi will all be covered by earnings. Expect a gradual upward move in the SP, but maybe wretched Brexit is scaring even institutional buyers away now. Great value.

Somewhere near breakeven but reckon there is a good reason to hold long term. They are cashed up, moving in the right way on two business plans, either of which should see them succeed given time. As someone else posted here, gas in the ground isn't considered valuable, but once it is in the form of electric power it is useful and valuable. So we wait.

Expected but still indication of confidence for future.

...no rns before figures due November. With no interest SP will only drop marginally, say to 2.00 middle but that values the entire co at what we were led to believe is the value of one of the 34 licences WEB owns. There is also the realistic possibility that the figures when released show it has turned in a (small) profit and it may announce that it has bought the complimentary gambling business it has actually stated (16 May rns) that it was seeking. When viewed in this light there is an argument for topping up at around this level. After all, Gentleman Jim is hardly going to just flush his 60+% interest down the pan.
So, if I can time it right, I shall top up here while no-one is looking.

Bit odd when the recent RNS leads to expectation of great figures, but it is tightly held. Only needs one of the insiders to have a domestic and need cash for this to happen. Also market is rubbish right now. Time for more gritting of teeth!

You may well be right, sotolo, because hardly anyone chooses (and you have to) to get their divis in cash. They are normally paid in shares, which is possibly why this site seems to say they are covered. Not sure either now about the PE but they seem to be able to pick hightec winners. It is volatile now and if the next piece of news is positive, would be sensible to cream off, I suppose.

Thanks cityal. We can only hope.

Please can someone tell me what that means?

Is Mcquarrie Bank still retained and if so, are they in dialogue with any other oil company?
If both answers negative, is the co displaying a 'For Sale' sign?

Heads you lose , tails you don't win(unless and until they get their Exploration licence). Hence little trading.

What it says is 'Jam not tomorrow or the day after but stick around anyway' I think any positive SP reaction may be short-lived. I hope I am wrong.

Up today on tiny trades. Too early for me. My suspicion is will drop back. Odd day in the markets generally.

For absolutely no logical reason I topped up at 1.65p. Now it is conceivable that my gamble might - just might - pay off. I could certainly use a break right now! But it's much too soon to call this a winner. Let's hope it gets more interesting next week. Even one of my other disasters, PAT, found a smidgeon of interest today. Odd when the FTSE had a lousy day topping off a miserable week. Ah well, the weather's been glorrious!

soon after I bought! Time to think about topping up if you are a LTH. I am going to be hard and not put hand near pocket until they are below 20p. Trouble is there is no firm timetable for profitability.

If there is anyone out there, perhaps they could tell me why.

Amazing so many punters betting on a 2.5 legged horse!