Member Info for ShrewdDude67

Hold onto your hats!

We're about to find out.

My guess - fwiw - judge will take into account both sides submissions and leniency will prevail. £150m in my view.

They won't want to cripple the company, particularly after all the work PFC has lost out on over last 4 years. Also new personnel and SFO will tell judge that PFC now a model of virtue and squeaky clean.

Lot of churn going on right now. Nervous holders getting out (or at least top-slicing) whilst medium/long termers take positions.

It's gonna be a white-knuckle day for sure.

Bus leaves in 10 mins folks.

Last chance to buy in before the REAL re-rate begins tomorrow morning.

Just sold 2500 of my 5000 at 174p (bought at 112p)

If they drop tomorrow I'm piling in but if they rocket I've still got a dog in the fight.

Anything under £100m fine and this will go berserk tomorrow and could gap up 50p

Price has held up well today considering the extra few days uncertainty.

Feels like this is primed to blow now.

Live price 157.74p

Imagine the explosion in the price if the fine is small!!!

Let's all remember, the fine is decided by the court, not the SFO.

Yes indeed, Pokerchips one of the best contributors on this board over the last few years. I always pay attention to his (or her??) posts.

Fine can be paid off incrementally so not a problem, particularly now that orders will increase.

If the sp stays below £2, I'd say that, with the uncertainty gone, it makes PFC a juicy takeover target.

I've not looked on here for months as sp rotted around the £1 mark. I've still got 5k shares bought at 111p earlier this year.

This has now become a whole different ball game and much brighter skies lie ahead.

£2+ before Xmas

Just wanted to say "thank you" for recommending my post yesterday. It ended up receiving 61 thumbs-ups.

I think this market is rotten to the core and the link to reality lost.

I forgot to say in yesterday's post that I have a significant warchest to invest further into the market but I'm now very averse to punting any more money in. Why should I? The market has become a roulette wheel only with not one green "0"pocket, but half of them.

However, having said all that, if the MM's (human or algorithm) think I'm going to panic and sell, HOW WRONG ARE THEY!!!

Not an effing chance! I'm lucky that I can hold indefinitely but appreciate others not so fortunate.

So, my message to the market.......

F-you, your not stealing my shares!!!

Not just COPL, but in last 3 to 6 months, the market has become all risk and no reward and the trust of ordinary retail investors has been lost. COPL is a case in point - fantastic prospects, Atomic acquisition, 80% increase in production, CUDA in distress so potential bigger WI increase, rising oil price. Yet the market has completely ignored all this.

The market has become one giant moneypit where the phrase "do your own research" means nothing anymore. Even a company doing well the share price gets continually surpressed or even caned.

The market is in danger of losing it's retail investor base because it is not rewarding risk.

I'm personally beginning to wonder why I bother. Anyone else see it this way? I'm also in SYME and SENX - 2 good companies yet looking at their share price performance over last 6 months you'd think they were about to go under.

It's madness! And it's become tiresome and I'm sick of it.

Also suspect that once the initial rollercoaster settles, perhaps by Weds lunchtime, there will thereafter be a steady climb. To what? Who knows? 2p perhaps?

Not a stupid question at all. In fact, we are probably all wondering the same thing.

My hunch is the MMs will have free reign depending on how pre-market orders look.

Lol, 2 PME's on 4 trades. I mean, WTF!

The time has come for a concerted campaign to get rid of the current board of mis-directors. They have proven, over a period of at least 10 years, to be incompetent and incapable of adding any investor value whatsoever. In fact all they have achieved is shareholder value destruction.

They need to go. NOW. They are useless. We need a new board with ambition, dynamism and opportunism.

I hope this post gets a lot of agreement and in doing so sends a powerful message, loud and clear, to Trahar and his useless chums.

Another day, more shareholder value destruction.

Will it ever change :(

Good read Extrader and an excellent film it relates to.

Extrader, thanks for posting his response.

What was your "6th sense" of his demeanour/tone? Did you sense (in any discernable way) contained excitement in his voice/replies?

Or, conversely, did you sense an impending doom and a facade to try and hide it?

A 30 min convo would certainly give me clues as to where his head was at.

I have also just emailed Trahar about September RNS and lack of updates on those specific points.

Extrader, would you mind sharing your letter to the nomad as a template? I'd also like to make a complaint to them.