Any ideas when we will know the answers to all these things? CPR, Bond Holders, financing etc? I just don’t want to be holding these if/when dilution is announced. Surely this can get back to 5p with the price Oil is currently at?
That’s if they decide to actually now sell them. I’m not so sure that’s going to happen now as it’s a good earner for Centrica now, especially with the recovery in O&G prices.
Totally agree with this, fed up with all the ridiculous predictions. I’m a long term holder that has lost a lot, (my own fault) bad advice from a colleague! I notice that several on here go quiet then ramp the hell out of it seemingly to make themselves feel better. The reality is that the company is “fragile” at best and while I would love this to recover and completely turn around I would also happily sell for half to stop letting this be constantly on my mind and reinvest in something more sensible that may give a few dividends and growth over a longer period. Oh well live and learn I suppose!!
I think that everyday with Oil going up! It’s so frustrating that this is trading lower than a few months ago after the kitchen sinking when oil was in the $40’s!! Why did they put the dilution statement in the last RNS, everything is a risk in stocks I wish they hadn’t told us!!
RE: Few reason why this is a £2 stock13 Jan 2021 22:53
£2 would be unbelievable from the last few years performance. We need to see £1 first this year as that will be a big selling point for many. Gas prices are extremely high though at the min so maybe Spirit has more value to them now rather than a sale at a discount.
Totally agree with this. Centrica can ride this out as long as required, engineers have no hope of winning this one and to be honest the public don’t have much sympathy for a trade that averages £50k, some are doing more from what I have read £70k plus!! If you look at how hard the NHS are having to work and emergency services I think they need consider how fortunate they currently are. The changes are required to make the company more competitive and are desperately needed for future job security for the sound of things.
Just keen to see what everyone’s exit strategy prices are? Mine is 5p and can’t come soon enough if ever!! This is the worst investment I have ever made in my life, complete disaster! If I’m lucky enough to sell I will never touch AIM again in my life!!