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And i wont ever buy back in . 10 years a holder - its always interesting still reading articles on this. There have been many on this board who agree that Oddie destroyed the company with a share dilution that was reckless considering the small cap we were .
Wressle pays the wages and any new venture is paid by shareholders . I know its an exploration company but Serenity was reckless , a £7.5m dilution / cash raise that vanished along with the market cap with it . Dilution, followed by bad news is never recoverable . 3 p before crash would be like a market cap of £30m + again. Never gonna happen . Who's paying for West Africa ???????? . Nothing on the horizon except a slow drift down ......
I agree AJED . i was a shareholder for 10 years and had to sell too . Makes me sad and also this time i had no choice . Ireland = nothing. All that was left was Wressle , that funds 5 directors with circa £1m each Per annum , nothing left . Useless end to it all . Any new venture is funded by dilution. Its a playground !!
Its all dissaray now ! WH out soon ? sell why u can get some money back !!!! what a disaster this is . old directors re surfacing , to do what ????? Will dont care , he gets his money . Nothing even slightly positive on this share
I'm out !! 10 years a holder and given up . For the last 5 years i have said "lets just hang on a bit and wait for the news on so and so ......" nada !!! nothing nothing nothing . I dont think Ireland will come to anything , but a drill is yonks away , no ones interested . This will drift to a market cap of £5m . There is absolutely nothing on the short term horizon ..................
It really is a bad picture . Wressle pays for the boards salary ( they are lovin it ) , Inishkea license wont get re newed , no Inishkea drill , no Serenity revival , cloughton will go no where.
Wressle is the only thing keeping the market cap above water ....nothing else
the board are masters of spin " exciting times for Europa" Hugh said that 8 years ago . i Bought in at 9.5 p ...but will never ever reach that again as dilution events has crashed the price to next to nothing .
Yep , agreed . its only the Irish farm out that will move the market cap forward of any significance
Egdon got bought out at a market cap of £26m . based on that EOG will only be 2.5p
Ireland , and a non duster will move us to 100m + .