Member Info for Rookie1

What is a good average p/e ratio? Is there a set figure brokers use?

Romeike appreciate your comment and i complety agree, I also see Medco as being a very stubborn party to deal with from what we have heard of them so far.
My original plan was if the deal was to fall through I could hopefully buy back mid 40’s but I think there will be other party’s involved now they have seen what a sell out the BOD are so would be surprised if Ophir isn’t sold one way or another.

All aboard! Next stop £10

This doesn’t look to be going for 55p. Tempted to put a few quid back in here. I’d be happy for the deal to fall through completely, 55p is robbery and this whole situation wants investigating.

I would say so

Positive nonetheless

So is it sanction or FID for end of this year? I hope that’s a typo and it’s sanction

Tick,tick....

Looking at them now I see you are right, at the time 746 and 751 seemed a very tight spread for low volume so just presumed they had upped the bid. One thing for certain they wanted them all to look like sells to shake out some more sellers

There’s a good few trades gone through since that time mate, your lse maybe glitching

Trades are showing as sells on mine? Could be a buy I suppose but seems to tight for the spread.

On the bid now

Someone is definitely loading up

Current oil prices we will be doing 150M a year pre tax and this sp doesn’t even cover the cash in bank(including decom funds) so production and reserves is valued at zero. I truly believe you don’t get opportunity’s to buy bargains like this very often, I don’t see why it can’t double within months £10 short term is a good start though.

Having to have some discipline and stop myself doubling my holding, ridiculous mcap here. Has to be 200M + at a minimum

Why is there no broker ratings for rre?

Looking at T.A and trying to see where rre will be heading this next week. Has anyone noticed that each breakout from major support lines has resulted in 30% ish rises? 330 - 420 400-520 520-650 650-850 this week?

86

Flying

Anyone had a look at them? Seriously undervalued and looks to be a great investment. I know a few here are already in, take a look.