Member Info for swinger

mad shake

Now 1.6p to buy, thats a huge swing.

We had 375 million new shares and now they have all been cancelled. how many were forward sold? No idea but we only have 275 million in issue and volume way over that including NEX exchange.

I remember NEW did over 1000 percent in a similar situation. Next week will be interesting. Not an investment but a trade for sure. IMO.

I have no sympathy for people who forward sold the placing - which is illegal and now have lost thousands.

Nice to see them but them back at a huge premium.

Massive squeeze

Could easily go down today actually reading that again as flippers will be in town from 0.08p.

Not sure.

Yes , Colin only gets the cheap ones.

A bit strange a placing at 0.08 and and an acquisition at 0.2p?

Placing at a 67 percent premium for an acquisition. I'm in shock. Might be on the risers leaderboard today.

For sure, I can't disagree. Its been a constant decline in the share price for 5 years. CEO took over at around 50p so would lie to think he would be aiming to get us back to that.

Another slow week so I will switch off and check in next week. no volume and more posts than trades.

I sliced VLS at 10.5p and 16.4p yesterday so have more cash to buy here but so little interest I don't think I will rush to add.

And for the record I would buy this if we only had amapa and nothing else for 11 million market cap. I do not understand the price at all.

Emh now up 17 percent so that’s almost 4 million for our 16 percent. Count our other projects and it’s got to be worth 11 million before amapa. We are basically valuing Amapa at zero in current market cap.

2 of the very worst shares ever to list and remind me who was in charge of both? its a disgrace

Doesn't mean some traders won't make money on a bounce for this shell

Hi Brad,

If you take the list price of 50 cents in 2013 - I know Tony thought he would have sold this by now based on his success wit Sunshine Gas. - https://www.proactiveinvestors.com.au/companies/news/146546/tlou-energy-brings-africa-unconventional-gas-to-the-asx-39932.html

I have spent a lot of the last 6 years in Australia and met many current Tlou shareholders who know Tony Personally. Many of them have more than 1 percent of the company as they followed him from the sunshine gas success. People owning 6 or 7 million shares and they always kept me calm as they fully expect this to be sold for many multiples in the future. However I first got told this almost 5 years ago when I first bought in.

Unfortunately the government seems to have moved much slower than expected and many of us are sitting on losses.

For transparency I do not own anywhere near 1 percent and didn't start buying until around 5p when it listed in the UK but I do know people who do have over 1 percent of the company down under and I think they all plan to take the shares at 4 cents in Aus (2.2p for us). My average is around 4.2p so should come down to nearer 3.5p depending on if I subscribe for extra or not.

At this stage I do not plan to selling and still think I will make money. Clearly its not been a good 4 year investment so far and I am a bit over exposed for the size of my portfolio!

Its a shame as Sunshine gas was sold for 1.1 billion and shareholders made a packet. Many followed here in Australia and this has lost 90 percent since listing.

Been a total dog and I am one of those who suffered.

It listed at 50 cents in Australia in 2013, now 5 cents.

In the UK its not as bad as listed at around 6.5p in 2015 and is now 2.3p .

Still a chance to make a return but Tony and the team need to delver now. In 2020! Get this share price back up to at least 5.5p thats half of what the 11p The Botswana funds backed them at.

I guess clean energy, Shell, BA and Roman Abramovich is a potential multi bagger.

I just sliced again at 100 percent up. Free carry now and huge prospects for the future!

I can put this in the bottom draw! Normally they are in the bottom draw because Im down 50 percent so this makes nice change!

I have had these in the bottom draw for a few years, its been one of my worst long term investments for sure.

For some reason I still think I might see a profit one day. Just need to keep telling myself this is the last buy at 2.2p and then no more! Lost a big chunk here so far, luckily I have a few others that have done very well to cover the pain here.

I will also take my shares at 2.2p but not applying for extra as I did that at 5.7p and this is the last time I'm buying more!

A few like this today.

The mms are taking the P and lots of new traders are getting taken to the cleaners.

also this one.
12-Jun-20 08:02:57 0.397 603,528 Buy* 0.30 0.40 2,396 O
12-Jun-20 09:51:08 0.16 603,528 Sell* 0.15 0.25 965.64

People loosing 70 percent of the money in a hour!

took some Bids.

Huge year for Bids, we have employed lots of big hitters and now have funds to last 12 months so we need a big end to 2020.

Its now or never for Bids. I can see hime potential here but James has to deliver this year or its game over!

Yeah good point, still cash in the future to keep this going.