Member Info for shamI89

She pumped and dumped it last time and decided to get in around 20 to "pump and dump" it again.Looks like a seller was selling and all Laura did was provide him with enough liquidity to sell his holding.Either all of them took large positions around 20 or they have come to rescue fellow crew member.One thing is for sure none of these will hang around!

It is funny to see Laura talking about "patience", only share where posts regularly on is "Pyc" and only reason is she was trying to "p&d" it but got caught in heavily discounted placing.

Calm down you two, market is closed.Save this ramping for Monday.

Make no mistake about it, it is an orchestrated "p&d" to let trapped traders out.

You and mug punters that have followed you into this disaster trade.

"Potential" in other words "pump and dump".

As octopus only had less than 9% and at this it was only less than £700000 worth of shares they meeded to get rid of.

Laura's reputation is at stake here.I did try to warn her at 20.

Share price is falling

Laura's reputation is at stake here, so she will say anything to get this "p&d" going.She deserves it.

Laura found "potential" in this stock and pumped and dumped it last time.However saw "potential" again but unlucky for her that an institutional investor spotted that "potential" and started dumping shares as well.Good news for investers is that Laura is stuck here until share reaches at least 20.However if Laura sees "potential" in another stock she will move on to that.

At this point in my opinion and price action suggests that some sort of refinacning is being factored in.Looks like Rahul took a gamble on price of oil , he should have got refinancing out of way at a higher price.

Far too many traped punters for it to reach 70.Risk of equity wipe out here!

Lets see I am pretty sure that a major seller is offloading.Looking at financial side of things it is bankrupt as debt is way too high for Satutory 20 million.Lets see as a lot of speculative punt money has moved in.An expected placing RNS lands and you are locked in for good.

And private investors,an unexpected placing RNS can land anytime by the looks of things.

And net cash is 11.7 million.Convenents will be tested next week and company is likely to breach them.Equity wipe out on cards here and a hell alot of trapped traders.

A lot of debt and bought a lot assets at the height of oil boom.Last time it went to 8, market was worried about debt, big chunk of debt has been paid but I cant see how company can pay any more debt when production is falling and price of oil is falling too.Rahul was gambling on higher price of oil and I suspect he anticipated recovery in that market at some point.This company needs at least 400-500 millions to give it much needed breathing space.

Debt is way too high and it looks like company cant bring it down at these prices.They need to raise atleast 400/500 million.But could be a lucrative trade if they manage to find a way.

Looks like market is anticipating equity wipe out.

Speculation drove share price up in first place and once it ran out of steam it was going to fall.But it is funny as 1p warrant holders would be rushing to exit before 0.2 warrant holders start dumping.