Member Info for Trendz

but overall happy with the banked profit having only taken a position in March. Can understand the discontent..

For what it's worth, here is IC's view:

"This is perhaps a quicker end to the RockRose public company story than shareholders would have expected, with the company pitching itself as a future 100,000boepd producer. The cash balance - largely a product of the Marathon purchase - means the offer price is less generous than the hefty premiums indicate, but with an uncertain period ahead for oil and gas prices, we would accept once the papers arrive".

Retail investors get facked in the arsee again

Bought in the morning - i've been following this company for a few months. Love the business model and having also used it before in a work context, the ease of use for third parties (e.g. for a law firm's clients) is wonderful IMO. A takeover target next year perhaps?

To be clear, I am long here and see a lot of upside. 25% this year at least...

Funkin - in my opinion, the share consolidation is somewhat superfluous. All it does is reduce the number of shares in circulation and increase the share price accordingly. The idea behind it is to improve marketability of the shares (i.e. people won't be put off buying shares at 2.5 pence and rather 25 pence is more palatable). Having a higher share price could narrow the spread but at the end of the day, this is relatively illiquid stock to own.

Crikey has the spread widened???!

Lovely looking graph for TXP. Reminds me of the glory years of 2018 and 2019 for Eco, which made me more money than i've ever made on one company. Still have a small holding. When will / will the good times come back??!

Surely someone would want to buy Tullow out??! Would’ve thought now would be an opportune time
given the oil price has stabilised and Tullow have publicly declared their strategy to sell down/farm out. Gil must be tearing his hair out. Why haven’t the Board bought anymore shares???

Interesting - no public statements, no PDMR buys... restricted period? Something brewing?

Any recent videos / quotes from Gil?

woosh - nice to see! someone building

Has Tullow initiated a farm down of Guyana? I have missed that. Where/when was this stated?

20% up as I speak, on no news...

Is close and would be technically bullish trend. I keep wondering if/hoping that Total buy out Tullow’s stake...

10 percent buy back authority is a standard resolution for most companies’ AGMs. Would have thought that there is no buy back on the horizon, as cash can be put to better use.

RRE is at an interesting point. It has plenty of cash but I would imagine that a decent chunk of this needs to be held back to ensure no cash flow issues / manage the business, through the next 12-18 months.

Looking at its balance sheet, there is certainly room for some debt.

Perhaps the best acquisition finance strategy is cash and debt... or a discounted open offer to all shareholders!

Nice to see this on the way back up!

Jan 2016 low just breached - next floor - 25 bucks ??

How low can it go? You would have though the bottom must come in the next few weeks but what the hell do I know?!

Friend of mine in the industry said that Saudi are making some serious preparations for 1 April oil supply. Bluff or ready to completely yank the market? So frustrating if they are genuinely going to - why cut of your nose to spite your face??