Member Info for scoobyrex

and our Market cap is less than five quarters of revenue.

Bobby

look back over the last 10 days, MM's had been acquiring stock, clearly they were expecting news that is overdue longer than expected, they have reduced their holding with the the large fill orders.

This is a good thing for incoming positive news, the less play stock the MM's have the better IMO.

bedex, you cant compare two different companies by posters on a BB, BLOE's outcome is dependent on the next results and what cash they have accumulated to fund the drilling program. If bloe can fund the next 6 months activity with drills and sidetracks from generated cash that is a very different situation to FRR.

but of course point to a failed company that you invested in to make yourself feel better.

look at the trade price, anything 1.45 or below was a sell, the only red trade was someone who doesnt know how to trade on AIM. Mostly sells today to feed that large buy order with remaining coming from MM stock. Blue day tomorrow. MM's did well today on a slow day.

anybody that sold today just fed a largish buy order, if they had to buy on market we would of gone up 20%. ultimately MM's received a large discounted buy order on open, dipped the bid to feed it and it worked. How do I know. probably 80% of my holding has been acquired this way.

Hi Bobby, I stuck my shares in the bottom drawer and have been patiently waiting for the moment that i think is arriving imminently.

It is encouraging, but at the same time I have been excited by previous PH interviews. Roll on RNS

agreed a 40% pay cut across all directors would of been a better option, but highly unlikely at ANY company including BLOE

Directors are happy to take the shares in lieu of salary, they voted for it. Save cash to prevent a fundraise which would of created more dilution than the shares for salary scheme.

The people harping on about the directors shares clearly do not understand the situation and clearly have not held roles in a company receiving significant shares.

40% of salary paid in shares and the directors to date have not been selling them. as per the last report (last week).

Tells you all you need to know. Insiders not selling. If it was your salary and you didn't believe in this would you just sit on the shares ?

As a long term bloe shareholder I am ok with the shares for salary scheme, it is better than the alternative and has aligned directors completely with shareholders.

Go BLOE.

We will find out in the next update. as it will be based on revenues from Oil and Gas sales in the quarter.
That is kind of the point of the current situation.

Buy shares now based on a positive update in the next few days and make $$$, or if the update is poor based on operational issues, supply chain situation ect.

At the end of the day it is the same to him as if he took 40% of his salary that was paid in cash and bought shares he is still paying tax. The impact to us is dilution, for him it is largely the same.

I am expecting another share in lieu of salary RNS. It is possible this program ends and it would be included in the next update if so. It would be announced not just casually stopped in my opinion

Yes, and quarterly report due in the next couple of weeks.

Great news, onwards and upwards.

Anybody expecting an RNS this morning!

Is PH just a front man ?

It is clear he has connections in Georgia with the government. And those very same connections would of been leveraged during the schlum deal.

The question for me is what he does over the next few Months, he has been hiding IMO due to the over exuberant positioning before on previous drills, and him choosing not to repeat is a positive, but he is to vacant for my liking. He needs to be balanced.

£6M. Let that sink in. Ridiculous how this company has been managed.

I gave the crystal ball a polish this morning. News on Thursday.

it is the regular shares in-lieu of salary, it doesn't invoke a quiet period the same as regular salary sacrifice schemes do not.

Thordon

Does that include any deductions for the governments share as per the agreement?

Your username does ring a bell.

If you are looking to break even and get out. Why are you ****ging bloe and starting flame wars with posters.

Sure lots of lth’s are ****ed off. But hurting your own investment doesn’t make sense. If you want out and haven’t hit your sell price sit quietly and wait. Negative sentiment doesn’t help yourself or anybody else.