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Imo There is nothing positive about us propping our own share price up while others exit I’m afraid,an undervalued stock gets snapped up not forced to buy itself back in times of unprecedented profits. This market cap is a disgrace and a result of BOD who have lied again and again to shareholders about EIG positions and intentions.
The whole sector may be down today but they haven’t lost 40% plus off their mcap over the last month so the comparison isn’t really justifiable in my mind?

Not shooting down anyone’s opinions I’m just voicing mine

Brent still at $103 DBNO are you on the crack pipe again after your £100 trade profit?

I hope this is just a test of 3.40 support and we rally from there because if we can’t hold a rise to £3.50 there is something very,very wrong we don’t know about. My guess is EIG are shafting us further like I said from day one, dump equity and exit out the back door while they use our cash to support the share price while doing so.

Who is still offloading at these levels and why would you so cheap? That’s what concerns me, we are being treat like mushrooms again kept in the dark and fed on bull****.
These buy backs are providing support at 347 but it’s clear someone is still selling into them. Granted the buy backs over the last couple of days have been a lot less so share price is mostly supporting itself but it’s £3.50 ffs and we still have sellers

Still a low buy back day which is reassuring considering the volume, buying pressure is nice to see with plenty in the bank to support when needed. I think tomorrow could be a good day

Hopefully a strong close to trigger a nice bullish signal for tommorrow. Onto test 3.80 if we do imo. Absolute joke we were ever sub £5 never mind talking about hopefully testing £3.80

Look like they are being executed at 347 so hopefully support there to not drop any lower.

Well if we hold £3.50 region today I think the next let up to test £3.80 will be on the cards tommorrow and hopefully then a strong signal of a new uptrend.

Agreed smartie, it’s beyond controllable now, they couldn’t hike it anywhere near the levels needed to combat inflation without inducing a collapse like no other.

Worth remembering if the share price rockets under natural buying pressure when sellers dry up that not all the buy backs need to be executed. You only buy back when your shares are offering better value than anything else you can do with that cash at that time, if the share price rockets then it becomes a better option to hold onto that cash and deploy it elsewhere.

Can look at it both ways NF, there still can’t be many profit takers at current level ( I suspect £3.80 is where we will hit resistance) and shifters will have to have a rethink knowing there’s plenty of money to be thrown at supporting the share price. But I get what your saying aswell, we are still very much in no mans land at the minute.

Virtually none existent today, shows a good bit of natural buying pressure and keeping the powder dry for any attempts from shorters. Looks good to me

Plebleens, what are your thoughts? We tagged that £3.60 ish mark today and retraced, we are still a bit in no mans land until we push through imo, we still have a few indicators (apart from being so hugely oversold) that suggest it’s a good time to buy but a retest of 3.40 is also possible before pushing on up. In summary, a lot more upside than downside, famous last words.

Just keep increasing unhedged production and that will do for me.

Fair point,soder. We are very unfashionable in current times and I don’t think that will change either.
Just can’t understand how such a cash generative company can be valued so low.

We have to be a T/O target at current levels. £6 and I’d snap their hand off because of what we have had to endure since PMO days.
I can’t help but think recent events have been intended to do exactly that, lower our SP expectations and now with a new 16% of holders with a much lower entry price there will be a huge majority willing to accept a much lower offer along with EIG who clearly want to cash in here.

Mykonos is very overrated Texan, celebrity’s are paid to hype the place up, similar for santorini although oia is nice. If you save your penny’s up for a holiday I would advice somewhere less hyped.

Hopefully ready to pop here

Sat on my Lounger in Greece supping mythos feeling smug and then checked the weather in the uk to see tommorrow will be 37! I can already see the green agenda BS getting rammed down our industry’s necks while extinction rebellion will grab the front pages blaming us for everything. It’s called summer ffs

Lucky your making yourself look a clown as per usual.