The latest Investing Matters Podcast episode featuring Jeremy Skillington, CEO of Poolbeg Pharma has just been released. Listen here.
Yikes viable 44p top up! My folly was doing a top up at 27p and my average overall is 28p. Underwater by different amounts but who would have thought IOG would be at 25p when producing gas in a boom time.
.. some better news is on the way. Sure hope so. I didn't expect the share to drop on first gas like this!
I'm with Halifax iWeb and nothing yet. (It usually takes a while for these things to get processed - both the sending from GXO and the receiving on platform)
The management have rewarded themselves with share options. The current scheme was set in 2018. Four years on and the share price is the same. Due to the way the management incentive scheme is constructed the pandemic dip has worked in their favour. So they trouser huge rewards. Long term shareholders have seen no return in value.
the management award themselves performance bonuses. RNS now. Whoopee for them.
Judging by the SP - more reliable than RNS - I guess the second compressor isn't fixed yet. Patience all.
Not sure when next results or trading update is.
Just need another 35 daily rises of 2% and I have my target. (Joke)
Probably unlikely but there must be better value ahead. Before all the miss-steps I was hoping it might get to 45p on first gas.
Nick Saunders has bought at prices from 14p up to 52p. Most recent was January at 33p. Just proves that inside knowledge sometimes counts for little. Its all a bit of a CAR crash just now. Some news might help!
I have noticed that the RNS good (or bad) news usually comes several days after the SP movement. (Can't do much about that as what is happening onshore and offshore must be very obvious to some workers).
Small volumes. Sure could do with some good news. I don't think the directors who bought at 51.80p last year will be too happy at present price
Hoping they get things sorted soon.
It's a bit of a muddle. I already hold some other US shares so could hold GXO - I only object to the poor value of the deal at current GXO share price. Lots of private investors won't be set up to hold US shares so dunno what happens to them. Seems a bit rubbish of a deal.
It would be great if TRIN actually drilled new exploration wells. So far, all plans announced by RNS have subsequently been postponed. We wait, and wait. Will they drill this year? Meanwhile TRIN sits on a cash pile and pays no dividend. Latest RNS of "Our ambition is to double production over the next few years" is hard to take seriously. They haven't achieved the previous target of 10% year on year.
I think is what you mean! Not drilling yet. Sitting on cash
No it could get worse. Government is thinking of a tax raid........
It would be nice. Will they drill or will they find another reason not to? Production will decline if they don't exploit the resources. Blah blah SPT but they have to live with it. T&T is not going to change for TRIN.
I looked at the offered options and the only one to take is the all-cash offer. GXO shares are down since they started the process so the share conversion options don't look great (or maybe I can't do the maths)
Market is having an all round panic. Buying opportunity. Hope I am right!