RE: Tony durrant1 Sep 2020 19:23
Just to add, I hold a very overweight and underwater position here. I do think PMO will pull round as long as oil price recovers and I think it will, maybe not $100 a barrel but $55- $70 range within the next 12 months.
Im well aware creditors have shafted us aswell but Total disaster Tony could have had a share price of 50-60p before an RI if he had half a brain.
Anyone still defending him is truly mind blowing imo.
I am also well aware of the doom and gloomers desperate for this to crash further for their own gain at the expense of others, there are posters stating the dilution over and over again but never re adjusting figures to incorporate the value of debt knocked off which in turn needs to re added to the market cap and then the value of a high class asset to add to the portfolio aswell.
However the Dilution is rediculous and I’d rather drop the purchase All together but it’s not happening now so just have to suck it up and recognise i am the only one to really blame as this game is full of corruption and brown envelopes imo.
Summary ?
FucC knows where it’s heading.