Member Info for Redhammy

Yes, I do. For context, I thought the initial suspension would be no more than two weeks.

I hope the six months has been spent getting absolutely everything squeaky clean, and anyone found to have done wrong feels the full force of the law.

It has probably helped that trading has hopefully stepped up a gear, our peers share prices have risen from their lows and BOO made a purchase during the suspension - you would have to assume they had more insight into what’s going on than we do.

Imagine if they surprised everyone and beat their own deadline? I think those that decided to hold deserve a bit of good luck.

Here is a comparison with some similar companies since we were suspended -

THG were 55p now 73p
BOO were 44p now 56p
ASC were 685p now 952p

Frustrating as it’s been, if the news isn’t horrific then we should be due a bounce in line with our peers.

If the news is better than expected, then who knows. I certainly don’t think 19p is currently fair value, that’s for sure.

Not long to wait now anyway.

Spread all over the place again, but some nice chunky buys going through. Hopefully break & hold 3p this afternoon

Funny how they all “got out” after buying in at much higher prices, before realising that “x, y or z” was wrong, only making a “small loss” before returning to save the rest of us. Genuinely trying to help, or…….

The spread has tightened up again now, so let’s see which direction we are destined for today. Another small rise in the US last night on higher than average volume, so any blue finish would do me.

Anyone that said the three things you posted are clearly idiots and should go into the box marked “ignore” with 99% of everybody else that posts - including me

US up 6% on nearly 5x average volume. Might mean nothing, but up is up.

Better than sells of £10 to £15! Not long since we were promised this was going under 2p, so I’d say where we are is ok for now

Nice tight spread after that ridiculously large gap first thing. Nice to see a bit of blue after consolidating yesterday after Mondays rise. Can we break the 3p barrier today?

Probably one of a large group of trolls that stalk the boards offering nothing but negativity and never actually buying or shorting anything. Gone like a fart in the wind on any rise.

Could be a stay of execution. You pays your money, you takes your chance.

People saying it’s just hit it’s all time low, it hasn’t. The low price was 1.8p and it’s above 2p just now. Are these people really that thick or is it something else…..

Doesn’t anyone remember the drop to 1.8p and the subsequent bounce? A lot of people made a lot of money. Same situation here, plenty of opportunities for those that are brave. Remember those that said under a penny this week? Even on a day of bad news it didn’t get close. Just don’t be caught holding when that RNS does drop, but enjoy the ride until then.

Shocking update, complete contempt for the shareholders, who have shouldered the brunt of this whole debacle. Board members will still be getting well remunerated and auditors will be milking the company for every last penny.

How there’s any apologists left, I don’t know. All I can say is that when we do relist, it better be worth it.

Ash Regan, who has put herself forward for the leader of the SNP, which would make her first minister of Scotland, just Tweeted this “ I will not support an accelerated net zero path which sees us turn off the North Sea taps, throw 10s of 1000s of oil workers out of jobs, hollow out NE & H&I communities whist still using and importing hydrocarbons. I will stand up for our oil workers and their communities.”

The “relatively small” cash pile is around one third of the value of the bond due, with more income every week. Most new oil companies would love to be in that position, so I think you are trolling the wrong board.

For all those wondering why it isn’t £1 yet, it’s very simple - more sellers than buyers. Once the selling stops & the buyers take over, the price will rise.

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Tonight’s entertainment is brought to you by an intellectually challenged turd.

I like that possibility, where can I register my approval? :)

The absolute dedication of those that post to “protect” those poor people that have been forced to buy shares is admirable. Some of them even operate outside normal office hours.