Member Info for thechancers

Forum will want the 100% of the company and to be a major player in the UK, why split it up, it's a ready made company, one is no good without the other and the shareholders will get a bigger return if it's sold airline and hotel business.
Remember when tompsons was bought out, I was a holder at the time, cannot remember the figures but I did ok

Kabaa
Just to point out a few things
1. Oilex many times before the court case tried to agree payments with GSPC and fobbed off

2. Oilex took GSPC to court and won the Case

3. Holiday judge brought in, No balls, Sent the case to arbitration, Wrong thing to do and i smell a rat, Why not wait until the case judge came back from the holiday

4. GSPC, Managed to find money tucked away under the sofa to take the case to Arbitration when they were suppose to have no money.

5. Off to arbitration that Singapore Arbitration states it can take 6 months before a case is heard.

6 Oilex and GSPC decide to postpone Arbitration and try and sort it out between them with Oilex knowing that GSPC do not really want to negotiate.

7. If these negotiations fail and i sense the frustration in the last update from Oilex, then oilex must go back to Singapore Arbitration center and ask for the case to be heard, How long that could take, Who knows, 6 months and wait for the results???

8. In the mean time, Oilex is burning money, since no work on site is happening,, Maybe this is GSPC plan.

9. Not one of us knows what is going to happen, but points 1 to 8 are the facts, you cannot get away from the facts, they have happened or happening.

If GSPC has a change of heart and come to an agreement which is possible, It will all depend on what is in the agreement that will make the share price rise, But don't expect the share price to go from .2 to something stupid, There will be a rise and maybe people like me might have to jump in at .4 or something like that, But at the moment, This is nothing but a gamble and while we are waiting, i have put my money into BooHoo ready for the results this week, So any luck, the £500 i lost with oilex, i hope i make back with BooHoo.

Regards your comment "If you think the market will drift around at this price if a deal is done, waiting to let you back in before it goes up, you've got an awful lot to learn."

I have never said that the price will stay the same,, It will jump up, but there will be an opportunity to jump back on board.

At the end of the day, we are all second guessing, I still blame the bods for not going directly to arbitration since GSPC have proven that they cannot be trusted.
Regards a multimillion company, they have to drill and get to the oil before making money, so plenty of time to jump into oilex for anyone who wants to get back in.
For now, I am happy sitting on the fence untill the time is right but good luck to all those who have the bottle to carry on holding, you have a better heart than me.

might have to buy more on tuesday

You can only blame oilex for the mess the company finds themselves in. the ball was in oilex court and no need to meet GSPC unless GSPC came up with a solution that could be agreed by both parties, IMO, this is bad leadership by the bods of Oilex and shows a weakness that GSPC are now exploiting.

I cannot see how oilex is paying there bills since they don't have any income and not sure on how much money they have in the bank and GSPC know this.

Just crazy not just going to arbitration. , Just amazed why the bods have put arbitration on hold and investors are loosing confidence with a falling share price.
Like I said, I am watching what the outcome will be before jumping back in again. GLA

Did you see my post imJ from before?, Its got your name on it

Joe, I will buy in after the RNS, I know that the share price will go up but happy with the shares that i hold and happy for everyone on here when the news comes

Good Luck to you all, You know that i want you all to do well.

We have our fair share of shorters on here and each one has had their account closed, So another one standing out from the crowd is easy to spot.

I just wished that i had put more money into Boo before the rise, but best not be to greedy .

Good luck for next week, i am feeling positive ;-)

More i read your posts BlackfoxTrading, the more you stand out, I guess your going to say that your not shorting, but the wording of your posts say you are.

Are you sure that you haven't a short open BlackfoxTrading, Reading your past posts on here and over on Learning tech, they seem to be all negative? Hallmarks of a shorter

Cant access https://www.petrowatch.com/synopsis.php?artId=17591&w=1 , Says its harmful, possible virus!!!

imj.beadle, Sometimes you just need to look at what is really going on and ask yourself the question, Why have oilex avoided Arbitration, OK talk while waiting to go to arbitration because it takes up to 6 months just to have the hearing and then depending how long its going to take for the response.

The way i see it, they have put arbitration on hold, So if they want to go to arbitration now, then they will have to get into the queue to hear the case which might take another 6 months.

I blame the BODs on this one, I do hope however that it can be sorted out around the table, but it should have never had come to this.

Because i have invested and i might jump back in again at some point, i will continue to read the posts on here.

I do have to say, You were right about the .20, Never had thought we would see .18

Good luck to you imj.beadle.

Holding up well considering a lot of people are selling out in order to have a good easter, the fun will start on Tuesday.

Have a Happy Easter Zengah, Lets hope for good news after the holidays

Boo was effected by ASOS results in Jan and Boo had to realise a RNS to say that figures were going to be OK, So Asos does have an effect.

One thing for certain, i will be in on results day, Paid off a couple of times and i will see what results are like, But looking at ASOS, you would have expected the SP to go down, I ended up selling my shares in boo but managed to buy back later at a few pence more.
You just cant tell which way the share will go, Depends on what side of the bed the mms get out off.

Managed to clear 244 in September before selling and ended up holding boo after Jan results after the fall.

So Pleased that i didn't listen to the rampers on here, So pleased, Just feel sorry for the people who are loosing money with all the ramping going on.

I had my doubts and kept looking at this company for a couple of weeks but i could not press the buy button, But i must admit, You neally got me yesterday in fear of missing out.

Good luck to all you genuine investors

I do have to say, That fall was orchestrated by the mms, They know what there doing

Thanks Chesh for the good advice ;-) Hope your ok after that fall