Re: Change of Trend You could buy for 0.075 yesterday. bottom of spread shown above 0.075/ 0.085
Re: Change of Trend Interesting.... slagged off on share prophets after 0.10 placing which was a premium on the share price at suspension last week when they slid to 0.075 after his chum leaked news of fund raise. ??Directors brought but that is to be expected.
Change of Trend Nicely established one feels.Of course,we will need good news to reinforce this current upswing.From these levels ,this is very, very ,very good value.Miss at your peril.Good luck AllAnd May
AGM Statement Quote from AGM:"We very much believe that we offer a unique value proposition that provides real value in all phases of the life cycle for our shareholders."Really............????? Come on Warwick. Who has seen any value since your shambolic fund raising following how many months of suspension??Balders
Quiet Very quiet board considering how much is spoken about this stock by Justin Waite on VOX Markets, who is very positive and Tom Winnifreth who is very negative.TW's point is that nothing is agreed for definite with PERTAMINA and he reckons yet another diluting/discounted fund raise will be required in the very near future.I bought in here at 0.15, as this seemed to be a support level, with the idea of trading within a range, but pulled out again at 0.13, as it seemed to be trending downward.May buy in again a bit further down the line, when the timelines and cash requirements are a bit clearer.
Dipped my toe in here today Bit of a long termer, but worth a punt at these levels. J.
RNS Positive RNS [link]
BUY : Great Value Stock Andalas Energy and Power Plc (ADL.L) Announced, in its corporate update, that President Widodo of Indonesia endorsed the construction of six mobile power plants at ground-breaking ceremony as Government of Indonesia looks to increase electricity capacity across the archipelago by 35,000 MW by 2019 and Technical proposal for work programme to test the ABF at Tuba Obi East concession has been presented to Pertamina with drilling contractors, potential locations and surveys all well advanced to allow immediate follow up once necessary work programme is approved.Moreover, election by several senior team members to receive a proportion of their fees in new ordinary shares of the company at 0.2p per share, being the price of the recent placing representing a premium to 4 July 2016 closing share price of 19.4%.Further it announced developments in the Indonesian energy sector where the company is looking to roll out its gas to power offering which it believes can make a significant contribution to the countrys power shortfall at the local level.
Re: Well said tumbleweed If you halve your hit your prospect list you're more likely to halve your hit list!.How do you know which half your hits are going to be in.Same with quartering the list, or even a tenth of it.Even the Bod don't know or they would go straight to the hits.
Well said tumbleweed This post sums it all upWr the pre suspension holders have every right to be fooked off but not just with the RTO terms. Why do we need so many Directors and at what cost? All mates together? Where are all these deals that were on the table? Why investigate 70 odd or however many it was? Why do D.D. on 16 or however many it was? And at what cost? Why, if we've ended up with 3 'outstanding / company making / holy grail', or whatever description DW chooses to append, deals which were 'on the table' BEFORE suspension remember, didn't we just pursue those 3 instead of wasting all that time and money chasing shadows. And before anyone argues that we had to dig deep into them in case there was something worth having may I remind you that these guys are the self professed experts on the Indonesian oil and gas business with second to none knowledge of the market and operating companies who had already spent 3 years researching and setting up this opportunity! If you're looking to make deals then the proven way to double your hit rate is to halve your prospect list. Clear the dross out of the way 'til later and focus on the obvious ones you can close near term.It's 7 months since DW shot his mouth off about how brilliantly they were doing and got us suspended and where are the deals? I mean proper deals! Just what have these guys done for us, the LTHs, except take our money and dilute us by 83%. If they cared about us even a little bit they should have set up the warrants to give preference (eg. 1 for 2) to all those invested at the date of suspension. I see no point in taking up my warrants nor even averaging down. I want to see less cringeworthy insincere handwringing and less bull**** hype. I want to see real progress before they get any more of my hard earned moolah. We need this over-inflated BoD of this under-performing company to prove to us now that their goals are not just wishful pipe dreams at our expense.
Re: Cmon whalberg I wouldn't waste your breathe freddie, otc seems to be the only one actually ticking up wallyturds posts. So, my guess is that ballbag and otc are probably the same person with two accounts, which sadly isn't uncommon on iii.I'm only 85% down on this one, seen worse, so onwards and upwards and remember folks, if you can't afford to lose it, don't play it!GLA
Re: Cmon whalberg No I'm not .I'm one of the thousands taken in by wallybergsConstant ramps over the last 8 months .You should read some of the tripe !!!
Re: Cmon whalberg We can hear you, Freddie.You're not his master.Ssshhhhhh.
Cmon whalberg Speak up !I can't hear you .
What's up wallyberg Lost your tongue??