Member Info for uncertain

The latest opinion poll puts Kamala ahead.

When we started moving up recently, someone asked me what my dodgy spreadsheet said. I replied 6p looking back andn 11p looking forward (there was scepticism from predictable quarters). We are now over the 5p mark and moving nicely. Valuation of this share has tended to be on a "looking back" basis with a smidgeon of pessimism thrown in. If good news comes through on 803 then I think we may shift to a "looking forward" basis with even a possibility of bit of optimism added.

11p is my looking forward price but, depending on what the 803 news is, we could shift up from there. Doom mongers and day traders beware! Don't listen to the sombre hombre.

You're very sombre today Somm. Let's have the upside as well as the downside. Either way we should know the truth soon.

Share buybacks increase the percentage of major shareholders control.

Bull, today's news has steadied the share, but trading remains rather unexciting. We are back in a news dependent phase. Had they gone for restoring the divi, a different kind of investor might have been attracted, but we are back with pulling in day traders and new speculative investors like ourselves. I'm fine with that.

Ravinella at the top end if it was a $15m divi at today's exchange rate it would be a ha'penny a share, or 10.5% at today's share price.

This morning's news is worth just under an extra farthing divi per share, but every little helps

Bluemango, whenever I post about 42p, my tongue is firmly in my cheek. Rocketeer came up with this target price. He claims to have inside knowledge of the company by some unkmown means. If this is correct, perhaps it did come from Kuat!

4.75 is holding well today, the third day after resurgence after the suspension. Perhaps we need some news to shift it any higher.

Ah, I see L45, you think I'm going to sell now. Plenty of cognitive ability left in the tank at present. Or at least I think so.

A more sensible answer to ravinella's question is that I will wait until we hit 20p and then reconsider.

Well, the real problem is, would I catch myself in time?

I am going to sell before my cognitive decline makes it unlikely that I would make a good decision.

Where do you get this stuff from?

The share price is going up because information has changed. I doubt there is a single large buyer. There are probably a few out there - some of them probably posting on this board.

No return to the low fours yet, Smarty. It looks more like we are edging up towards 5 (4.94 paid - just under the 4.97 from yesterday)

Smarty, you are one of the prolific posters!

To repeat an earlier post, my spreadsheet suggests 6p looking back and 11p looking forward (conservatively). I think we may be moving towards 6p this week. To get to 11p we will definitely need more news.

To those of you unfamiliar with my spreadsheet (sometimes known as my dodgy spreadsheet) it is not so much scientific as financial astrology. It has a small tendency to overpredict.

Are there any chartists out there who can tell us which pretty pattern we are following?

LTH know what could happen over the next six months but new investors will probably be drawn in gradually as the RNSs come along. The boat charter is underway and this will increase profits substantially. News of a second charter would make this increase a regular feature. News of successful new drills are likewise not certain yet until a regular bopd output from them becomes a reality.

I am holding as I have been for some years. I expect double figures by the end of the year. We won't get there without confirmatory RNSs, but I expect some of those before too long

Prices paid nudging the top of the spread now. 4.27p. Volume building slowly

22% spread suggests the mms are anticpating movement northward. Only people who watch this share will notice it's come off suspension, so wider interest make take longer to attract.

About 6p looking backwards and 11p looking forwards