Member Info for Veteran10

Hedge fund vultures killing the markets I would say

If you read the news they confirmed they are v well capitalised yesterday and will be paying the planned dividend. Thanks for the couple of rash bs posts though.

Run into the ground by Archer. Raised millions and delivered sub 1p. You could blame the virus but that is the easy way out. A classic example of how not to run an AIM company has been expertly demonstrated here over a 5 year period.

I think you be fine. Reinvest the 9% dividends to compound your return. Institutional income strategy funds will be all over this at these prices and they are sticky holders rather than traders.

Stretchum, did you sell or stick for your 50p easy target?

Enjoy the day trade. This is a company with issues to overcome that is all I am saying.

Depends on the dilution as they have said they need more funds.

Trains seem empty towards London this morning.

I still think 20 to 30p here once things die down a bit.

Must admit I am also taking the chance to buy up some high quality companies with good dividends. BHP, RB, Walt Disney.

What are the debt levels here? Could a big pub chain like this go bust due to the coronavirus knock on effects. Highly reduced levels of custom for 3 to 4 months could be the end of firms in this industry.

Feel this should and will go much higher. Lock in 20% today and push for double digits next week.

I do not like the possibility of drilling in mid October onwards. That now seems a very real risk. I cannot help but feel that this is an opportunistic move to buy more time for farm in negotiations.

Disagree. It's a disgrace and weak management.

All getting a bit silly now. Shocked to see this price though at the same time not shocked to see the knee jerk over reactions by the markets in recent days.

Bloodbath today...

Moral of the story make your own decisions with your own money.

Repeat of yesterday perhaps. Quite astonishing how Coronavirus has caused so much damage to markers around the world. We live in interesting times!

Slowly is what we want. Get rid of the day traders.

Looks a bit overdone today. One to research.

I am in for a free run now. Suspect many others are too. If this strikes amazing, if not I still made a profit. I think it is the only way to play these oil explorers in a risk adjusted fashion. Hats off to anyone who doesn't sell any until a strike though!

Suspected there might be some games early on. Tbh more looking forward to next news than watching the sp every day.