RE: price27 Feb 2020 10:47
buy price is now 1.07p for size. Expect the offer to come down as well soon, from the advertised 1.15p
Sadly, AC does not seem to care one bit about structurally creating value, by actually producing more oil from the fields in azer and actually telling shareholders that the italian gas assets are actually being developed.
This sudden focus on everything except azerbaijan is typical behaviour of someone who has lost interest in it. He is acting like it doesn't exist anymore and is trying to get people to focus on the new projects - well, we want to see success in azerbaijan, otherwise he is toast in the stock markets and not just the london ones.
AC is rapidly being associated with abject failure and will very soon find out that not one person, with any thought to their own reputation, will be party to any fund raising he tries to get through.
Zenith needs to pump oil now, in azer and prove to the market that it can deliver on its stated objectives - in a timely manner, not "possibly, maybe, somehow, somewhen"
sort it out andrea FFS.