Member Info for Redhammy

I suppose that would make you the pantomime villain if you win. Good luck, and he’s behind you.

I’d also suggest if it finishes bang on 56p, we both donate £100 to our nearest food bank.

Hi HeresHopin, yes, I will accept the bet. At least someone will benefit from it, it’s a bit of fun & is anything but clear cut who will win.

Here’s hoping it’s me :)

The quality of the research and commentary on this board has been excellent, while we wait for the resumption of trading. Meaningful debate with figures and reasoning, and plenty of counter arguments as well. That’s how it should be, and sadly that is rarely the case these days.

I first bought GKP in 2005, and once they hit oil, the takeover chat started. I held from 13p all the way up to £4.50, and all the way back down to nothing. That was all on Todd Kozel, he was lying as he sold out for a massive profit.

Did I learn anything from this? Only that money makes people do whatever is in their own best interests, and agreements in the Middle East are as rare as rocking horse s**t.

I also think that the oil will flow, that’s inevitable. I don’t hold a position here, but I have money available in the next few weeks that I intend to invest here. As mr Kozel once said “it’s an oilman’s dream”

I don’t think anyone would be disappointed with an opening day closing price of 45-50p. Certainly not those that held the day it went to 8p (I think). I was in Amsterdam watching my team get beaten 7-0 in the second leg of the Europa League, had a stinker of a hangover, then that happened. Not the best of days, but all will be forgiven if they can do what we think they can.

My team got relegated at the weekend, so it’s not been a happy 10 months.

Despite my months of moaning about the ridiculous delay, it’s pretty clear that the way it has worked out should be in our benefit - holders, that is, not the 12p brigade that’s just turned up.

If we had come out of suspension on that RNS, who knows where we would have ended up. Getting all of the rubbish out of the way, to leave the way clear for some (hopefully) very encouraging numbers, with more to come, could prove to be a master stroke.

I’d wager that we will end the first day of trading closer to £1 than 12p. June tomorrow, so we can start to get excited again.

They said in the update that a dividend wouldn’t be paid for some time as they focus on using any profits to grow the business

I’ve posted comparisons before, so here is an update -

BOO 40.61, now 41.86

ASC 663, now 406

THG 52.4, now 59.24

W7L 115, now 273.50

RVB 19, now ???

I don’t think it matters who has bid, or how much. The fact that there is another bidder interested is maybe all this needs to kick on. People don’t care how much it’s worth, they just pile in when something starts to move. Who knows where we might end up. It would certainly stick one on the management if they have been up to no good and feathered their own nest. Wouldn’t be the first time, would it?

Good luck to anyone who’s making money, that’s what it’s all about.

All of the bad news out and nowhere near as bad as it could have been, and certainly not as bad as our resident doomsayers predicted.

A fantastic time for the new management team to kitchen sink everything, and look absolutely amazing on the next set of results. The shares that they have been awarded could be worth many £millions by the time they are allowed to sell them. Let’s hope so, and I’d imagine they would put their own hands in their pockets to buy more, now that would be a real statement.

Remember how many people were on here telling everyone that this company was going bust, would never trade again and definitely couldn’t generate a profit?

None of that came true, so I’m going to stick with my opening day price of over £1 at some point during the first day of trading.

I still can’t see how everything isn’t going exceptionally well as other companies in our sector have been doing particularly well, and who in their right mind would sanction a 300% bonus otherwise?

I suppose we should be grateful that this has dragged out for so long, who knows where the SP would have been if we had resumed trading this morning.

I was referring to missing each self appointed deadline, which he was definitely responsible for.

My original point stands though, if he’s worth a 300% bonus that many believe may be multiples of that, then we will all benefit. It does seem like a lot, on top of wages of £360k though.

Small dilution, but a 300% of pay award of shares for Bob Holt at 19p. That is some bonus for presiding over this mess, and would lead you to believe that current trading must be going pretty well or else there might be a shareholder revolt. And that’s at 19p, so hopefully will be worth a lot more. Not a bad little lift.

Who’s all up and excited like it’s Christmas morning?

In the absence of any updated numbers, it’s a good indication of what REVB might achieve. I find the comparison really interesting, and hopefully we will have some figures to compare more accurately tomorrow

Well, we certainly seem to be in a very popular market at the moment. Let’s hope we realise full value before anyone tries to take us on the cheap. I’m still hopeful we will get an aftermarket RNS tonight

Hi 404, just interested to know if you now agree that it is the auditors at fault or do you think it’s something else?

I expect trading to resume this month, I would be disappointed if it isn’t.

I would expect a long auction on open, and an opening price of £1.00+, but will likely settle lower during the day. That’s as long as the delay is purely down to the auditors being slow & nothing nasty to report.

It must be close. It’s one thing missing a deadline of weeks, but even this lot can’t miss one in a few days.