Member Info for thechancers

I noticed the posts last night from the circus, (clown's) looks like they want to drive down the price,. If that happens, I will buy more shares, in the meantime, I am not expecting any rise until positive news come through on Trinidad but not selling either.

Pleased that i am not alone, !!!! Sometimes its good to be able to chat to others during these bleak times ;-)

Good luck to all fellow investors

I don't know your stories with this share, But i bought at 223 and then averaged down to 197 when the SP was on the increase from 150 and i bought at 170, If i had bought at 150 a few months back, i would have sold out, so now holding with a average of 197 and to be honest, its hard to decide what to do for the best, but one thing is for sure, all of these sells now, the sellers must be taking a hit

Certainly looks oversold now.

Going forward, I would like to see the Bod's bonuses based on the share price, BooHoo took on a new CEO and his bonus is dependent on a increase in the SP

http://www.lse.co.uk/share-regulatory-news.asp?shareprice=BOO&ArticleCode=50yga3v9&ArticleHeadline=Appointment_of_CEO_and_Board_Realignment

I was happy with the update, Pleased to see the price head north on opening, but that didn't last , just Like Vod yesterday.
I am doing better on Aim, Lots better, But thats covering the loss on here.

Thought long and hard about averaging down, Its a big NO.
32% down on this share

Graybird, Koovs is only one of many share thats loosing its share Value, There are a few in the FT350 that are equally doing as bad, I know, I own a couple of them, The issue comes, Do you average down, Sell or wait, I would rather wait and see what happens

Check out Anglaterre posts, Just read the last 4 and each one is negative from a typical deramper

IG was midnight last night, so i have missed it, mind you, its only pennys with 227 shares at 15p

What amazes me, VOD is one of the biggest companies in the telecoms world but yet the SP doesn't show that.
Temptation is always to sell on a falling share, But hey-ho, I will just hang onto them for now

i have done my sums and the time is not right for me

My issue, Todays share price, Forget about the Dividend, Its our savings thats tied up in the company, I am down 15% at the moment and the company should be addressing getting value back in the SP and keeping the investors happy, So the last thing on my mind id the Dividend, But i do take your point.

Looks like i might have to average down on this share but i still expect at least another 2 days of drops before the price stabilises.
Only thing about averaging down, will the share price start to increase?

Thank you for explaining that, To be honest, i would have liked a fund raise if Prd was asking its investors to buy shares at a discounted price, that way the share holders are in charge of what they do with the share and the company gets the funding.

My understanding was, Once Prd was earning money, they were going to pay back the loan.

I agree that the dividend needs cut, why increase debt and pay out big dividends when by cutting the dividend and reduce debt seems to be the more logic solution.
I don't mind the dividend cut, it's more than I will get in the bank and I will buy more shares today to average down.

Put it this way, if it was your business, what would you do

Chesh, Looks like we meet again with our trading, Better luck in this share.

to be honest, I find all this placing of shares etc complicated, I thought Paul was paying back the loan,

I now have shares in a couple of companies and each placing is different, But i guess that depends on how many trades in a day and PRD is very quite compared to another share i have.

Anyone kind enough to explain in easy English whats happening with this placing and what to expect going forward

Not a troll and i dont think that i said that i would never post again, But i did get slagged off for selling at .21 and buying boo, Like the topic, I could say i told you so

I do plan on buying back in, but need some indication on when and that might be down to info coming from GSPC rather than oilex regards them selling things off and if thats just covering debts

This price is now crazy low and with no news, it could go lower, I still blame the BODs poor choice on talking to GSPC, this could have been sorted out now and back to drilling for oil.
I guess most here are now losing money, I bailed out at .21