Not sure - you might have missed out Something is pushing this up.
Wrll .6p coming plus financials could knock it further. New low coming
In the balance If the right turns out to be a red-herring, orthe subsidiary of Gale Force is a time waster then the pause in the acquisition will have a happy ending.I note that the sp has stabilised. Let's wait an see.
Re: Wolfofthewoods - LSE BB I 'd say perhaps it's a bit unlucky that this has fallen through too. Or perhaps it was just incompetence in due diligence by Mosman. There has been a lot of set backs here in recent times and hence my losing my religion.I'm not tempted to buy back even at sub 1p levels now. (but at some stage in the future I may get back in again)Ps; For holders here I hope they do get a satisfactory resolution on this purchase in the end. And this does tend to bounce back from time to time for one reason or other (I sat on a decent loss here for a good while and got out in profit in the end... but stocks like this area game of chance.)
Placing ? Looks like there might be a placing going on in the background which might be proping up the SP until they clear. Interesting but going sub 1p soon enough imo.
Re: Wolfofthewoods - LSE BB Well I called that right. Pine deal falls through and NTOG have it instead. More cash wated by a completely inept BOD. Massive sell off today coming.
Re: Wolfofthewoods - LSE BB Actually, sold out here today after the BOD failed to post the "The Explanatory Memorandum and Proxy Forms are available on the Companys website:" on their website. Too many mistakes from the BOD.Looking at investing in TATA now Good luck to any remaining holders here.
Wolfofthewoods - LSE BB Some excellent posts from wilfofhewoods on the MSMN LSE BB. Would be good if he could create an account here and enjoy a debate or indeed a mass debate if others join in.Right off to watch Jamie Oliver now whilst we wait for sign off on the Pine deal.GL all.
Not too late Jersey - yes for me too. We could be saying that about Mosman in a month. Production means cash.Very difficult to pick multiple baggers. It is not too late to hopp aboard; a retrace to 1.2p or lower is very unlikely but not impossible. My money is on 7p short term.
Re: I sold most of remaining stock at 2+... Alas no. (I have 5% of my peak position left still only)If it goes back to 1.25 p ish again I will get back in to some small extent.. but I've lost my faith here, somewhatI'm surprised at this rally but am pleased for you guys who have kept the faith here. I hope it goes higher for you.I have made a huge error in selling out of Jersey Oil & Gas at 35p, another one here so soon after would be very annoying..
Re: I sold most of remaining stock at 2+ p are you back in
More good news today Good to see more good news on this stock today, this is going to be a nice little earner in a few months.
I sold most of remaining stock at 2+ p I've all but sold out of this now at an average of 1.8 ish p. ( turning a good few k loss into a small profit)I've held this for a long time and have grown to understand it more and, alas, dislike it incrementally more as I went. (I don't dislike it intensely though.. and the investments it has made, not least this Texas oil field, have of course a chance of coming good in time)As much as I dislike Tom Winnifrith, for once I somewhat agree with him here. However he's wrong a lot and so am I, so who knows. I hope for the rest of you that it goes way back up.I might get back involved when there are clearer plans for taking Murchison forward. (or I'd put a small amount back in as a pure punt at 1 ishp if it goes back there)
MMs love this type of stock day trading aside this will rise as production means cash. this retrace is merely a buying opportunity.7p is a matter of days; longterm 30p / £1. day trading is fun if you see the longer game.
7p could easily be reached tomorrow Seriously a change of futunes for this company. Seen it time after time. Expect more of today again tomorrow.