I'm jealous. I have no more cash now. Had some set aside for a different scenario, but happy to take advantage of the virus effect. Been buying other shares all week (increased my BP and travel company holdings). Waiting for cases to start going down and/or a vaccination release now so I can sell. :)
Bridgedogg - I wouldn't say I'm optimistic, more flexible. I do think there's a good chance things could go well, in which case the SP should react more positively than we've seen for a while. There's absolutely no point in picking a prediction out of the air, without associating it to a time value as well. 1.2p; 2p; 3p; 4p; 10p; 20p; £1.00, sure. Why not? I'd be delighted to see 4p by the end of the year, as some predict. No idea whether that's achievable though and I tend to believe it's not (in our current situation, and without a significant change in deliverables).
But I am also not inspired by the way the board has had to achieve funding. By having to issue shares in the way they have shows that normal lenders won't touch us. Which is a worry. If there's any more share-based type loans, that would kill it (for me). In fact, SS keeps saying that there's gold in them thar hills. If there's actually anything there, let's see it, sell it, and get any more funds needed from that.
I'm still watching. I bought in Dec at around 13.00 and sold a month ago at 18.00. I think it will go up again [soon?], but at the moment it seems to be slipping back again. Will rise on better trading figures. Happy to wait a little bit longer. :)
Personally I'd be happier about DOR and ALBA. As I am still optimistic about the long-term potential of UKOG I still see that as an opportunity. If it comes up, it could be time-sensitive and we might still not be producing enough to cover it.
Less happy about IOW. Right now I want to see more focus on getting something in production and making profit. I'd not want to see us starting lots of other projects and ending up with nothing, when some could be funded from profits of projects that had come online. :)