Member Info for RonnieB

The last 18 months has seen steady progress, but has last 90% of share value since last February. Amazing.

Even the forthcoming results are excellent I do not expect massive re-rating; probably 20-25% gains; and that is from today's level.

Anyone know who this Institution/investor is?

The massive kick in the teeth was the consolidation to facilitate this.

The current trajectory is more likely below £1 before end of summer.

10% of Gainsborough will be huge if the figures are accurate.

According to the interims released during September UJO had over £3m in cash, paid out dividend in July and have shares in treasury. Why do the need to raise when the SP is at historic lows?

As for the election, the PR system will mean no party will get overall control. With the immigration issue high on the agenda I expect a lot of independents will get elected. Usually minority coalition partners get wiped out which could happen to the Greens.

The smart got out on Friday, anything above 1p done well.

On the turn? 0.5p written all over this if not lower.

The Prevail investment at 6p, this will require £24 share price to break even.

The "penny stock" statement is a red herring., it's all about the market cap. £1k invested is the same whether 10 x £100 per share or 100 x £10 per share. This has been a penny share for the last few years so why now? Consolidation at 10/1 or 20/1 or 100/1 but 400/1 seems excessive. The volume traded post consolidation will be extremely low creating downward pressure.

Sliced 25% off with that RNS

I noticed in the interim accounts cash was just over £3m, from memory I thought they had around £6-8m banked.? They keep reporting profits but where is the cash going?

Wressle, has planning been granted or just rumour?

Wow 184 bopd recorded from second well under restricted choke and zero water cut plus the gas. Excellent.

Let us hope ABDX are going to LFT for M-POX. NYCT rocketed 45% on Friday.

If they announced LFT for monkey pox it would put a rocket under the SP.

To get a placing away at 10% discount in these markets is a success. Additional cash in the coffers and an acquisition to boot. Placement shares will not be sold at a loss. Therefore open a tad lower maybe and then forward and upwards.

No news= bad news.