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Hi antigua18: Gosh didn't expect any reply (from anyone) at this hour ! Yes , things can be unpredictable- but our PMO sp (touch wood (or melamine desk in my case)) appears to be a little more predictable on an upward trend as the days pass well, since July anyway. I though this current price would be a mere spike but so far...it it looking more like a little re-rate. All the best for next week and ATB

antigua18: I thought we may get a number of Holdings' after we broke the Pound Barrier; because it is no longer a 'penny share'. I felt the ii's would take the company and sp more seriously. Your'e right - I have no evidence and I'm often wrong but a semi- memory of something I heard years back during a similar issue regarding the unwillingness of II's to stock up with AIM compared to FTSE 100- 350. Maybe clients prefer light blue and blue chip companies unless the ii is a specialist 'frontier fund' or small-cap only fund. My copy of The Traders Bible is lost in a house move. Maybe someone with more knowledge can chip in.
A few glasses of red are beckoning.

Those ARCM fuzzy wuzzies- they don't like it up 'em, Capatain Mainwaring.

Correction: I'll swap 'settling' for rising !

After all that news the sp appears to be settling nicely above the pre RNS ~101. Steady as she goes.

A natural profit take. Still looks better that £1

Interesting. Their very basic and humble homepage has, underneath, briefest description about mission and goals. A certain link to their good friend PMO is underneath. Out of all their other investments and activitie large and small, it's odd that we feature most visible and highly on such a humble page.
https://arcmcap.com/

Slightly off topic:
Is Dirty Den not still buried in the Queen Vic's basement. Mercy Me

HUR is a fractured basement specialist. This type of well is riskier and less guaranteed to flow constistant amounts of oil that more conventional drilling. Only one other company, which is in the Netherlands drills similar wells. Which is why, i think, their last huge success (~450 bbls) only made a brief 7% which reeled back minutes later. I bought in after their last well disappointment and got out with a 4% loss which goes against my logic anyway lol. Hence i'm in here and away from riskier Wild west AIM. In the meantime HUR has tanked.

Right on Colonel. And of course these funds owners and directors probably get rich themselves on the fee structure. It's the customers of those funds who lose most.

Time for an Illy Intenso and Wisting on the Beeb (no peeking at the sp for an hour -promise)

Still rising ! This share has some mighty kick !

Great name. You'll smoke 'em out !! atb

The market in all its collective wisdom might have re-rated PMO.

Wonder if ARCM have any 'employees' tapping away here. Hmmm

Poor old ARCM lolololololol. Booo Hooo

https://www.energyvoice.com/oilandgas/north-sea/216013/creditor-vigorously-opposes-premiers-plans-to-extend-debt-maturity-and-acquire-assets-from-bp-dana/

For those in a hurry !
https://www.energyvoice.com/oilandgas/north-sea/215980/breaking-bp-selling-475m-worth-of-north-sea-assets-to-premier-oil/

Great stuff PMO ! Well done.

Up yours Telegraph !! LOL

Good stuff NSTAbz, even the hallowed Wall Street Journal noted it-

https://www.wsj.com/articles/shale-boom-is-slowing-just-when-the-world-needs-oil-most-11569795047

Like Tamagotchi's and those little fish that nibble skin flakes off feet off feet- a nice fashion whilst it lasted.
Good news: Money may come flowing into more conventional oil drillers like PMO !

Good point Tarthvader. 'I don't know' is my answer. The likes of Goldies and others must have complained given their positions ? Will this bunch get punished ?
As I say, the sp is looking very good with a near daily rise, so whatever the shennanigans East of Guildford our numbers are looking good and we've got our stops in place.

Sorry- refinancing IS an issue. But not as catastrophic as how the Telegraph flavoured the article.
Furthermore with the historically low interest rates (~300yr) and PMO 's good name (imo) renegotiating loans would not be an issue. Also as if PMO would not have already approached te lenders. A bit naive Telegraph imo.