Member Info for smasher

Id rather wait thanks to get that crew back that did the last well on-time with no issues and in budget.

Some of the crap on here is absolutely pathetic .

Thank you John it's much appreciated mate.

UK officials implemented a suite of listing reforms last year aimed at helping London compete with New York and the European Union after Brexit. This easing of listing rules has yet to yield any noticeable turnaround in initial public offerings (IPOs), however, which has been accompanied by a long spell of outflows from UK funds.

A total of 89 companies left the junior exchange last year, with just 18 joining. That compares with 2021 when there were just 54 departures from AIM and 66 additions.

And an estimated third of AIM companies with a market value of 50 million to 250 million pounds ($61-$305 million) are vulnerable to bids, according to Peel Hunt.

AIM stocks are trading at 30% to 40% below their 10-year average as investors have pulled out more cash from UK funds, versus a 10% to 20% discount on the FTSE 100 and 250 markets, said Graham Simpson, head of Quest Research.

And some say here the market has had little affect on the share price when that is absolutely not the case. The market is going cap in hand to government for help for God sake.

Genuine question.

I'm sure that under certain circumstances news from a company can be withheld from the market but I can't remember what it is. I believe Gkp used it but I can't remember why .

I was even sent the page from posters showing the circumstances to which it can be used but that was many years ago and of course the rules could well have been changed.

Just asking does anyone know if it still exists within the rules as I can't find it .

Sorry should of put that I'm not having a go but I've never had this happen.

Why can't I pull up your history yet everyone else i can. Could someone else try as it's never happened to me before just strange.

Then why

last Rns clearly stated

Further to the Company's June 16, 2025 announcement, £10.325 million of the £15.375 million in gross proceeds from the private placement remains outstanding. Touchstone has been advised by OAK Securities and Portillion Capital that the settlement of proceeds from certain investors has taken longer than anticipated. The Company has received assurances that the outstanding funds are expected to be received by close of business on June 27, 2025.

Stop trying to spin it to Txp's fault which is what you always do as why give assurances they will receive it by said date if they knew they had been mislead by the company.

They wouldn't would they plus they would report Txp.

My God now i understand why nobody gives you info as you always try to spin it around.

Bad day for TXp but boy if Portillion are aloud to get away with this then it's a free for all and I can't see the fca letting that happen one bit. Personally in my opinion they will come down extremely hard on them if found to have mislead the company and it does look that way at the moment.

The Fca will be looking at this because now they have failed to deliver the money the company has now be affected due to the share price. It could absolutely be seen as manipulating the share price for said investor's to get in cheaper. Could those that did pay the placing price go after Portillion .

Imagine if capital investment companies start doing this across the market.

If that's the case Cassadura 1st has payed for itself many times over .

$8.9 million dollars to drill coho1 and cassadura 1st which included completion and lease building activities. Bloody hell that's cheap .

I believe the cassadura 1 including the side track was around 7 million . I also think the price dropped because covid hit big time but is from memory . Wasn't Royston also cheap as nobody was drilling at that time also.

Nobody was drill as the oil price was ridiculous at the time with many companies making no profit whatsoever and many going out of business. Far better chaps here that have worked in this sector that could possibly give a percentage of what the side track cost could be with DH or monkey having been in this game many years.

Could it be 50% , of course it could and more but could also be less depending on what the problem was. Anyway i would take information those 2 provided to us over us lot guessing .

And I'm not trying to rock the boat, but rossannan asks a valid question that I also wouldn't mind knowing for future reference if that possible.

Fingers crossed for some great news. Come on Txp it's time to shine after the last few years.

Yes and has the pad failed and the rig been hit by lightning, or maybe an earthquake has happened in Trinidad.

My God talk about always being negative at every opportunity you can .

You must be an absolute pleasure to be around.

Doesn't matter who comes along over the last few years as much has gone wrong one way or another. So keeping fingers crossed it starts coming together now.

Bring it on I say .

No of course you never said ... the BoD who surely are 100% responsible for the share price .

That's why I posted some info on what is happening on the market and the reason you have to take into consideration instead of blaming it all on the company. It is a fact and the market figures don't lie over the last few years . I knew the market was in big decline end of 2022.

Experience tells me what normally happens which is the share price across Aim starts dropping .

I have clearly stated Txp must take a lot of the blame for the share price, but you have to factor in some percentage due to the market conditions.

What I posted is fact pure and simple, how you wish to look at that is up to you .

Hope you had a good time at the local, while I was punished by my wife and spent the day painting a 120 foot fence . ATB

Open your eyes DH the market is absolutely telling you that they are not valued appropriately and you can see that's 100% the case. You are telling me the market is wrong and you are correct on this subject.

Are you down on your investment here and if so why if you understand the market. I'm not as I took the correct actions and strategy from the beginning in building my position.

You blame the BOD 100% when you absolutely know that's not the case and the market is telling you

but you just will not listen because you know better .

Why didn't you act upon your knowledge of the market conditions .

Break it down what TXP have done in that time frame in what is an absolutely sh.. show of a market and I'd say they have done well, but could've done much better for sure of that we can all agree. I could go on but I'm getting bored so good luck moving forward with Txp.

The Alternative Investment Market (AIM) is set to shrink by a fifth this year, as 61 companies representing £12.3bn of market capitalisation have announced plans to leave the junior market.A report from New Financial that was sponsored by Aberdeen in October 2024 showed how investment by UK pension funds into UK small caps has collapsed in recent years.

It found that just one Local Government Pension Scheme has a specific allocation to UK smaller companies, compared with 18 back in 2013.

Companies listed on AIM made an economic contribution of nearly £70bn to the UK in 2023.

The AIM was launched in 1995 and has helped more than 3,988 companies raise over £130bn.

The AIM is a sub-market of the LSE that is designed to help smaller companies access capital from the public market.

Aberdeen added that UK smaller companies are currently trading at significant discounts to historic levels because of ongoing negative sentiment and outflows.

Aberdeen found that UK small caps are currently on a discount of -14.6% compared to their 10-year average.

In February 2025, UK small caps were the most undervalued stocks in the world, on a discount of -23.4% to their 10-year average.

That's just a few problems for Aim at present and when they go to government with a begging bowl for help, then it's in massive trouble. They just can't attract business especially pension institutions.

I've gone through hundreds of post but barely a sniff here about this problem which has dragged the share prices down as can clearly been seen over the last 2/ 3 years.

No Dh is not spot on about it being 100% BOD faults for this share price as we can see across Aim what is happening but you lot keep banging on and on about Txp, and yes they must take a lot of blame but to say it's all their faults in just absolutely ridiculous.

Some really need to have a reality check here if you wish to make money. Stop being fixated on Txp management as there's a much bigger picture you have to take into account.

If one has such distaste for the company as by looking at the posts it clearly looks that way then why have they put even more money in to possibly lose it. No faith in management but I'll chuck a load more in is stupidity especially those that have been saying the same thing over and over again . Hate the company but I want to lose more because I believe that is what's going to happen.

No investors cut their losses and move on to other companies they have faith in to bring them a profit from the investment. It's very hard to take a loss but we do if we believe the company is not good and by the posts here may think they are useless in every way.

You can't win all the time it's just a fact.

Yet he managed to get 15 million from them and delivered CB on time . Excellent considering the Aim market is the worst it's been since it started and that's a fact They just can't attract new business. I wonder why Rachel reeves what to drop the ISA allowance down to 4 grand and the 16 grange into stocks ISA.