Member Info for Ssccss

Thanks trout, I can do basic maths haha. What I'm trying to say is... Syn always drops and sustains... Then drops and sustains.... And sometimes drops again and sustains... So it's very easy to be tempted to buy in too early. Because once it's at the floor... No one seems to touch it with a barge pool and it's very easy to buy. Maybe things will be different this time!

Haha. I only bought the peak once. That was my first ever investment. Issue is the dip is not always a dip.. Sometimes there's a series of dips getting lower each time!

I really don't know how much more obvious it could have been this week. 3 consecutive RNS's... All those news articles... Yet nothing of substance in any of them. PR frenzy before the placing and a rubbish placing only raising £5million at a 40% discount. Pretty atrocious.

Taximan, it can't have been a shock... People have been warning for days...

I do agree but on AIM, specifically SYN to be honest, I have often been left holding an average higher than the current sp for months and months and months on end... I have learned from that! Better to always anticipate a further drop IME.

Filtering opposing views offering an alternative perspective is one way to lose your money lol

Aren't we due a half yearly report soon? Will be interesting to see how much money they have left.

Unfortunately Norfolkslim, no one very wants to hear it. The blood bath at 88e is a prime example of investors getting attached to their holdings and sticking their head in the sand, wanting to rely on hope and faith rather than the information in front of them.

Tobethebest, you opening admit you have made some errors with your investments but now you are happy to tell other things investors that this will fly? So you don't mind sucking in people so you can make some money... Which is exactly what you have experienced in the past. AIM is literally a pyramid scheme at this point lol.

The thing that concerns me with topping up is how long this will take and if they have enough money to see them through.

Three doesn't seem to be any build up happening? Possibly, investors are expecting more delays?

£5m isn't going to go very far either. I wonder if they will change focus to Namibia.

I'm not sure companies have much choice on the current market. They place at whatever price they can get.

What a bloodbath. Thank you to Scot and Olderwiser because had I not read their posts, I might not have twigged as early as to the content or lack of it in the first RNS.

Placings in Sept, Dec and Feb. I would think there must be one on the way at some point soon.

This isn't the bottom... Placing need to happen... Lots of dilution to raise a worthwhile amount of money at this sp... It just gets worse.

What a welcome surprise it would be if approval were to arrive this week!

Bopd was not 50.. The instantaneous peak flow rate was 50. Such a joke.

The company is not lying but it's not the complete picture.

It says the first time... Wow... Panr have already done it so not a surprise. It says substantial scale...yes we know there is lots of oil under there but the key is how viable it is to get that oil out... The answer is not very viable due to the expense involved