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Takeover - possibly one of the Chinese car manufacturers? But they won’t pay much of Premium to current SP, if any. Geely have made good on Volvo, perhaps they might want a new toy to raise their profile further ?
Didn’t take long for the breaks to fail and the slide down to resume ....
Looks like a false bounce yesterday ? Huge sells yesterday and down today
Can’t believe I sold ASOS for this pile of rubbish. Serious buyer remorse, ASOS has continued upwards and AML just falls every day. Lesson learnt, costly lesson.
Looks like £5 coming right up !
I hope this does t start rising Monday. 3 days of falls done ? Certainly rate of decline slowed
£6 coming under attack now
Might get crazier still . . . . £5 anyone ? £4, £3, £2, £1, £10? I think I’ve got all bases covered :-)
I must admit, I bought for a short term dead cat bounce. If there’s no turn around tomorrow, then I’ll open a short position. Does seem to be only going down .......
Spoke too soon, maybe £6 ? Should have followed the 3 day rule !
Looking stable at £7.00. Could bounce from here. Good brand and could be time for private equity to take it back at half its float price ? Economic prospects don’t look great but could always surprise on the upside. Have sold ASOS bounce and bought in here, fingers crossed.
DS, in the next RNS please put the following -
1. Production plan, with anticipated costs.
2. Cash position on day of said RNS.
Investors can then decide to leave or stay. I understand flow rates won’t be known until you side track.
And please select a contractor with a good rig and out in clauses to compensate for downtime due to equipment faults and failures. Let’s get things moving forward, and at all time, update shareholders with what’s going on instead of shareholders finding out via falling/ rising SP and second guessing things. That’s my opinion & want.
Feels very different to previous rises. Can we get to 0.33 by close ? 1p on news ?
I guess we will find out this week what is afoot ....
My average is 0.11p so happy to hold 20M shares
Maybe should have held a few more hours. . . . . . :-)
Hi Jay,
I’ve not left completely, still hold 20,000,000 shares so I very much hope we then bag ! Fingers crossed for all LTH
I’ve sold 20,000,000 shares (mostly today), only leaving 20,000,000 shares. I’ve either saved myself a loss or lost a potential huge gain. This will either get all the news and go up five told or it won’t and it will half. Arthur non very talkative at the moment.
It’s out the way now at least. We can look forward to drilling and hopefully getting that Dejano oil out, sold and dividends paid. By the end of 2019, SP should be many multiples of 5.2p, all being well.
I’ve been in meetings all day. Pull back is disappointing but not unexpected after such a large rise yesterday. We need another RNS (OPL310) to really catapult this north of 10p