Member Info for Steveyc

It's a shame for those investors who have had their fingers burnt. I was close to buying in but avoided it at the last minute and looks like I got lucky. Lots of people pumping this and getting greedy for the dividend, while this might be a loss for some it's a good lesson learnt on how a once mighty firm can disappear almost overnight

It would be interesting if Roman sold out only for Putin took the assets and then gave them him back... They would make us look like mugs and they would enjoy that if they're still friends

More likely a zero bagger lets be honest, if the war doesn't end and the share price rises fast then if Putin seizes the Russian assets this goes bang under its debt pile

Only went for £550 from primary bid but full application recieved

Must be, 120% Divi yield now, at this rate the interim divi will soon be higher than the current SP

Already 6% down, 104p

This is going to zero

Also note that pay date is the end of March. The way this has developed that is a long way away and plenty can change, I would not count any chickens just yet.

Just the war in Ukraine

Have we ever seen a 100% dividend before? This one can't be far away now

Of course they can cancel it

More likely that a tiger will go vegan

This is for everyone to share their views not just dampers/people who want to buy.

I'm agreed that this is an absolute bargain, especially in light of the performance and dividends, I was tempted myself but it's too much of a gamble for me, good luck to the brave but this genuinely could go either way, sticking your fingers in your ears and telling people to stop spreading fear will not help you, you're living in the clouds if you think this is a solid, risk free investment.

What's next though? No one will buy us at 5-10x current price so I'm interested what you think the strategy should be. We now know there is a significant amount of oil that we can extract, is there anything else we need to do to prove this or are we just going to set up a drilling rig and start selling that black gold? Or are we just pressing for more evidence until a bigger player to snaps us up and take a big cash out?

I think it'll rise, they're all over this and understand the value.

The fact it's been up to 130 and now at 115 represents a great buying opportunity, I can't see it going any lower from here.

This aged well

12-17 billion barrel potential, $90 a barrel, do the math, this is a bargain if they can only get 1% and the oil price drops through the floor

Every time I look it's up, hoping I can retire by the closing been, GLA

Incredible news, just wish I had more shares as we're now over a pound and 25% today.

I agree, I hope things continue as they are but the capitalisation is 600m, clearly there's fat profits in here so the big boys will be licking their lips as 600m is pocket change to them, they'll have to pay a hefty premium though with this potential. Interesting to see what the future holds

Yes mine was about 15% down so must have been.