Member Info for PanamaPete

What I meant to say is that other reasons the SP is suppressed are II activity & the AIM listing which is always volatile. Oil price is strengthening with Russia cutting supply, China unlocking & the SPR in need of topping up amongst many other factors.

Other reasons SP is suppressed are II activity & the AIM listing which is always volatile. Can't blame poor SP when oil price is strengthening with Russia is cutting supply, China unlocking & the SPR in need of topping up amongst many other factors.

Canetoad, may I recommend the film Melancholia (2011). Think this would fit with your doom monger outlook.

And he only mentioned II selling not JPM increasing.

non sequitur

Heaters will be replaced with air-con units.

Anyone who thought otherwise was deluded.

I don't see the reason for the concern over PM & Amati reducing. Hands up those who would not top slice if their investment had doubled. They invested early, took the initial risk & have done very well. Now PI's can pick up the baton at 21p, enjoy >8% divi, taking that risk forward & then sell at 40p to the next investor.

Late reported trades totalling 8,225,000 shares at 21p could indicate downward selling pressure may have concluded.

Scooby, this goes ex-divi every month. See the RNS's for the payment & dates. Next divi payment is 27th January for shares held on 5th Jan. It went ex-divi yesterday (today is the record date) for the Feb 10th divi payment. The next divi RNS should be around 12th Feb for the March payment date.

God bless America !

Nicky - Which school of accounting did you graduate from if you don't mind me asking ?

I see their latest presentation has done wonders for the share price - not.

The retrospectoscope gives perfect vision.

It ain't happening - get over it.

Jezzoo it's the UT trade - suggest you read about them. There are many places so get the definition but as a first port of call try :- https://www.shiftingshares.com/what-is-an-uncrossing-trade/

https://www.bbc.co.uk/news/world-asia-china-64097497

Could we see 20% increase in sp today to 25p ?

How about maintain divi at 0.1425p/month but add a variable divi on top which reflects the price obtained above $69/boe on a month by month basis. Divi floor to be 0.1425p/month so doesn't go negative because that would be silly but excess returns are passed on to shareholders.

It's too cheap for it's own good. Once these are back over 30p, PIs will by queueing up to buy.