Member Info for PipeDragger

Meanwhile sitting on a pile of cash.

Directors can't buy based on inside information - this is law. So don't expect news soon. It does however mean they have confidence in the business. Sure is a good sign.

Good to see they have adequate funds for the foreseeable future.

well, if it is good news, nothing has leaked out, judging by the price. (I suspect progress on the trials is a bit limited - it was already pushed back from Q1)

TRIN' s own self declared target at last fundraise was to grow production year on year by 10%. It hasn't happened. They are in a good cash position so I hope one day they will do something with it . (They could learn a trick from TXP). Maybe this year they will do better. If I thought there was no hope I would have sold long ago.

2018 same results were 2777 bopd. Now at 3206 bopd. That's a 5% annual growth in production.

Good trading results, despite the shop closures

An interesting business with a compelling business model. Looking forward to the results at end of March. I hope the healthy dividend continues. Might get some value growth as well.

Yes a £1 would be nice but even back to 30p would be great progress for 2021. At least the business is on a solid basis now and should be able to grow.

great trading update

But good luck to those who bought last year

Until there is more than one good well filling the FPSO there isn't going to be much of a recovery. Might all be different by 2022.

My local store is tonight in Tier 4. It will be a sea of red at next trading update. :-(

Yes it is a decent pick ..... but for the long term. Last financial year was only a few months of Covid but was a loss. We should expect a trading update in late Jan.

Online can't compensate for most high street stores being shut at the peak time of the year. My local store is open but deserted.

We should be looking to many multiples in the future. (It is more common in AIM to see management share options at a tiny price). But let's see what news comes in the next year - there is plenty of risk potential as well as reward.

Must be Xmas for this sudden ..... and welcome ...rally

(I always recommend research before buying)

New works announced today - but not funded by another dilution! (There are a gazillion shares so at some point dilution stops working).

I wonder when next news will be.