Member Info for tricky752

Thanks to posting. Was trying to work out what caused the sp spike.

Lovely update from EKF as usual.

£1.20....have I missed something?

Fair point.....tried to use a round number to make it easier but yes. I suppose the reality is many purchased above £1.32 so the average will look different for each.....although the 32p will bring averages down a lot.....including the sp of course!

Probably wrong...but if I had 3 shares at £1.30 each they would be worth £3.90. At 10 for 3 I buy 10 for £3.20.
I now have 13 shares for a total of £7.10, giving an average of 54p.

I agree 99. I suspect there are a number of swim lanes on the project plan - things are running in parallel, rather than waiting for one to end for the next to start, but there will be specific milestones required to trigger the news. Viruses (of numerous varieties) won't be finishing in early 2021.

I agree. This is a rather good time to have a strong balance sheet. Some of the industry fallout is only just beginning IMO. There will be some very good opportunities. Some of the oilers with large debts and higher production costs are going to be facing a very difficult period.

$20m cash in the bank now....and still forecasting 2020FY break even of just over $20 per barrel.
This one beats the financials of most of the oilers IMO.

Seems a good outcome. Now we wait to see whether the market cap is too low for the drug.

Starting to get closer to my top-up point. If it hits 16s I am adding. Slightly surprised to see it back in the teens. Not sure what’s keeping it pegged right now.

How does strong investor demand and a 30% discount to sp sound anything other than ridiculous in the same sentence.

Keep banging the drum......otherwise you short is going to start getting uncomfortable I guess.

Some weird after hours trading today....showing as 10% up after hours....although may calm down I guess.

This is always such a difficult decision.....but there is a bit of home improvement that has been waiting a long time.....and this will cover it. I thought about how I would feel it did go the other way, and realised I would be a bit disappointed. This way I am still happy if it goes up, and will also be able to do my bit of home improvement. Still plenty in for the next stage of the journey. GLA.

Ok....I compromised and took 25% off the table at .792...........still 75% left in!

Now not too sure what to do. I purchased at 3.6 but that was before the market drop. I typically sell half when 100% up, but didn’t on SNG and really tempted not to with this - just struggling as it’s been something I have nearly always stuck to.....But something in my mind is saying don’t do it yet....argghhh

It says they are reviewing a range of options to further strengthen their balance sheet. .......not sure that means no RI?

Org I am in awe.......all those years in business and squash at county level.....you are totes amazing! BTW.....me and all MY years in business told me to buy at 6p in Jan, but thanks for sharing your wisdom.

So anyone who has a different opinion to you is apparently completed deluded....hmm, fascinating.

Right thing at the right time for this one IMO