Positive Sentiment17 Jun 2020 00:00
So we appear to have reached the bottom, churned billions of shares since placing (cleared the contentious CLN finance) and many can see the positives to a U.K. Oil and Gas Company with a producing asset (at this stage and soon to be expanded in BOPD and drill locations) with a very low set of operating costs (and yes I am aware of the CEO salary)
The fact remains that this is a company with potentially huge assets in the ground and a 25yr licence at its ‘current’ flagship site. I find it interesting that certain websites and as a result certain twitter and LSE monikers decide to only see the negatives that have already been know for some time and announce/continually repeat their scepticism at all hours of the day.
Bottom line for me is why were many of these so called negatives not raised publicly and to the same extent they are now all those months ago by the same individuals?
My conclusion... when the bottom is missed people want in and will talk it down... or certain individuals have an invested interest in a bear result.
Just my two pence. IMO.