Sometimes business just need the cash and have to sell. Sometimes even PIs have to sell....... I have no idea how far it will go but happy it is above my average for now.
Market has a general shortage of buyers versus sellers. I don't think it is IOG specifically at this moment. I am sure it will come good later as the market and war panic fades. Fortunately I am in no pressing need to sell.
Would be great if they actually drill in July (as stated in May update). They have a habit of putting activity off. I am sure it would help investment interest. (The recent SP dive might be due to some undeclared new reason for delay - I hope not)
I have held for a while now and before it moved out of AIM. I sold off other property stocks ages ago but this one seemed to have found a good sector. The valuation is a little down but the market is overall down (panicked even). The SHED dividend is healthy and as long as that stays then so am I.
RNS today: Clearance of IND application for JZP815 marks fifth Redx product candidate to enter clinical development and triggers USD $5 million milestone payment from Jazz
Yes, it all might have looked a bit different if we had 1st gas in December. 6 months on and we are at half-gas. Management are being shy about expected production as well. Not a great story in a difficult market. Sure hope there is some better news ahead!
I hope when the 2nd compressor gets fixed etc, as well as this being RNS announced, we get some data on production (real or expected). All this non-producing must be hitting cash flow.
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.
RE: Barclays or Other trade plateform9 Jun 2022 08:01
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.