Member Info for semaphorRed

My name is Dr S Redditch of the School of Oily Studies. Anyway...sort of the opposite of the accusation then, representing the sort of intellectual rigour that can be commonly found here.

Hello my darling! I know it's fashionable here to have a pop at me but if you've seen me write anything negative about the company in which I've invested please do let me know.

"It's all very well saying for every seller there is a buyer, however if the buyers are only prepared to take the shares at a lower price then the SP heads south. "

Absolutely true, no argument from me. For every buyer there is a seller. If sellers outnumber buyers, the price will fall until they don't. Such is a functioning market.

A true myth: they've moved offices.

Oh god Crippin, go have a sherry to calm your frayed nerves you old dear.

AKHM, shhh you're not allowed to question the orthodoxy here.

"Seems someone has got bored and just offloaded just over a million."

To whom?

"the sanctimonious know its alls"

I am what I am. No apologies.

If a forum is available it will be used. People aren't good at not posting. Same with newspapers - they need to fill column inches with something. Everything with Quadrise is absolutely fine. No deadlines have been missed because none were ever given.

"Fitzy, that 1m trade was obviously a sell not a buy."

Aye, agreed. But I wonder who sold? And who they sold to?

So in my opinion, there are vested interests: various vested interests in Saudi itself and that these are all within a very closed cultural matrix. I've done a lot of business in Saudi and it's very tempting to view these people through a Western lens: "it saves them money, why aren't they doing it?". But they'd just laugh. Rich or poor, they'll never care much about money. Of course some level of practicality guides their actions long term but much less than you'd imagine. Rather, if their nephew is an engineer in an HFO terminal and they'd be out of a job or if they'd had a good meeting with a foreign company to import diesel recently, these obligations might genuinely mean something to them. They might still make changes but it won't be at the drop of a hat like you'd expect.

Stumpy, taking that example - Saudi should then be jumping at MSAR. For every trade there's a vested interest on one side and someone getting shafted on the other.

"theres no chance of doing a deal anywhere there is american influence"

Sigh. Why on earth would you say that?

"We now need a 400% increase just to get above 6p."

No. Now we only need to get above 6p for a whopping 400% increase!

Maybe that was the goal or aim. Not a deadline or equivalent.

I'm sorry, I don't believe it said that.

Have there ever been any deadlines? I'm searching RNSs etc and can't find any mention.

"Sem fundraise always dilute share price"

Yes...but it's balanced out by making the company more valuable by the funds raised. Nothing actually happens to the share price because of that (although if a fund raise is at Xp, the share price will tend towards that price for the duration of the raise).

"sp goes from 5p to 14p, huge fundraise back to 4p"

Hi. Why would a fund raise reduce the share price?

"Where do you think the sp will be when we eventually get news?"

Of a contract? Bout 60p. Why, what's your thinking? Again, once we've got contractual income coming in, the PE looks after itself and previous share price is irrelevant.