Member Info for tom111

Well the locals seem hot on this one up another 10% today @ 3210NGN

Far more sales than buys the last couple of days do we have a buyer in the background?

Looks like Nigeria got a better deal with Opec regarding production exports which could be part of the reason for the sp movement,wait and see if that is confirmed Thursday

Nigeria Bond is 16%

Somewhere

I read someway the interest rate would be 12%, 20% seems extraordinary

Makes sense not to pay a special divi but all things being equal the sp should will take care of that (hope)

Ticking up 1,26p to buy

Divi is just under 8% as a result of the rise in the sp over the last year depending when you bought ofcourse

Seems about right given the XR and allowing if im right 10% off for the Nigeria tax

RB said he was hopeful the deal would be done before the new year,the clocks ticking

Divi day today maybe all those very small sells are to buy Turkeys!

After the flurry of trades yesterday weird not 1 today

Might add the OPEC meeting has been postponed from 24th to the 30th Nov due to Saudis not happy with other members production outputs figures

This just adds ammo for OPEC to reduce production next week which will have an even greater effect for the oil price to surge imo

Maybe not, just noticed some large sales going through,hard to fathom why you would be selling now considering whats going on here

Or Xmas around the corner

Very helpful info Sea Tank thanks.The increase in the divi should not be sneezed at as well,sounds almost too good to be true,but hey why not.

To be honest there never been much interest in this share over at least 2 years yet this is imo is a well run company with reliable divis

Well how wrong can you be, i seriously thought we would be over 1.30p its possible that the thought of suspension could be the reason why investors are put off