Member Info for SmoothOperater

I sold this morning for a - 20% loss and it's still dropping. It could be a fraction of this by Friday, the company should really release an update to calm the market.

Disaster trading this, there must be background selling hauling it down. - 60% looking more likely unfortunately

I think it needs a RNS to calm the market

Could be another IOG 40p to 1p to administration

Impossible to call the bottom, stop loss after stop loss being hit

Nearly halfway in 2 hours.. Jeez

It's a falling knife and I've been cut on this one!

Thought it would have bounced today!

Today?

They are buys

2X £54k buys went through at 14.15 @54p bodes well

MM's hungry for shares

Looks on.!

Ashley Kelty, analyst at investment bank Panmure Gordon said the move had been “a long time coming”.

“The huge debt burden coupled with poor quality assets was a toxic combo,” he said, alongside poor management.

He added that he expects smaller independent players may look to pick up production and development assets from the process.

Crikey sounds like they've already done the deal and the shareholders have been royally shafted.

Slow motion car crash today!

Agree, I'm out at a loss here buys have slowed up.

Plenty of buying, this will rebound.

Oversold results weren't that bad!!!

Cracking results well done.!!!