The latest Investing Matters Podcast episode featuring financial educator and author Jared Dillian has been released. Listen here.
Thanks for the response earlier Gordon, not far off is it. Atb.
Make that 3. Guy's a 24 carrot plonker.
Nice Jasper.
Regarding News - can anyone tell me when Q2, this quarter, is supposed to end? As we are expecting a couple of big announcements this quarter (as per RNS) and I'd like to know how long they have until this time elapses. I suppose we will get some sort of update in the general meeting early June too. However, from a communication perspective, if they are not going to hit the deadlines outlined then they need to keep momentum / investors informed. I'm holding regardless but I want to see good communication from the board.
Zag let me tell you amigo - it is not easy to day trade on this, unless your broker is **** hot. Your buy is always higher (meeting BID) and your sell is always lower. So while a 5 or 6 or 10% swing might look a lot in a day. In something like this, it really isn't - very difficult for a PI to play games over the MMs. Which I why IMHO, if you get a good price with something like this - sit back, enjoy it and let the upcoming news take care of the rest. GLA.
To add to the below - i've just found on Halifax I can buy another bunch at 0.273 for 2.6k so I swiped them. i'll be clear, that isn't a boast it's making the point that I'm surprised I'm able to get these at that price with a GOI / JV news so close when we also consider the low market cap. It's a bloody gem this. ATB.
That is interesting. Arguably the strongest position we've been in? I guess you Stalwarts would better debate that point. Either way, we're in a very positive position Jasper and I certainly won't be giving my shares away anytime soon.
We've heard it before but in case you missed it - I'd hate to be out of this when the big RNS drops.
@toptuf - no worries mate. This next bit is a cliché of course but Peter Lynch always said one of his biggest gripes in Wall Street was that people would invest based purely on what others would say. He said - sure take other advice / opinions into account but invest based on your own decisions, instincts and research. It's something I strongly agree with and you can't put the finger then if it goes wrong. But again, with this I'll gladly reiterate my opinion again that I believe it's awoken now the dispute is settled and we are on to something good in Cambay. Indonesia looking promising too. ATB.
Fair comments regarding timescales slipping, but treat the delays within their own context. Delays involving a legal dispute are always likely to be more troublesome and outcomes inevitably get extended. However, now with that dispute reportedly behind us, barring Covid recovery and the effect that could have on administrating approvals etc, we should expect a much clearer path. I'm hopeful of positive announcements soon.
ATB.
Not long now gents before we're rocking and rolling
https://www.youtube.com/watch?v=xfYmdn2-cUA
Will do my best Steven. GLA
This is popping soon. I can feel it. Have a good weekend all. GLA.
Halifax also reads 0.28p with an indicative price of 0.29. Good end to the day. GLA.
Gordon,
I appreciate I don't know you from Adam. But I in the words of Kevin Keegan I would love it if you got back in.
LOVE IT.
GLA, TWB.
Bloody great news. Going to fly this. Any doubts - patience rewards when you are onto something good.
hahahahaha superb banter
That was my thinking pe6169. An update on proceedings / RNS should shoot in 20% as a starter for 10.
Probably people needing funds that have had a heavy bank hol
Gordon you are the dogs gonads. Would you mind explaining what makes you so hesitant about getting back in? You remind me of Robin Williams in Jumanji when asked to play the game... he replies - "I'll watch".
You said yourself that the agreed purchase price of 2.2m for Oilex to have full control of Cambay (pre JV) is a bargain basement fee. So, my question is now that this has awoken and this dispute with GSPC is almost resolved with seemingly exciting times ahead - what is holding you back? I see minimal downside here. But clearly from the above you know better than most! GLA.
Keep your hands and feet inside the aircraft at all times and enjoy the ride. Is Gordon back in yet?
Good luck all shareholders.