Re: massive rise I see Malcy suggests possible 130pGLA[link]
Re: massive rise Will ther more victims impalled by days end with stocks like this a punter might be better entering a bookie's
NEW ARTICLE: The Oil Man: Pantheon, Providence, President "WTI $29.53 +$1.18, Brent $29.25 +$1.37, Diff +28c -$1.61, NG $2.14 +2cAt last, a rally, as traders sensed some short closing yesterday - and it has carried over into today; as I write, WTI is $30.91 and Brent $30.84. The WTI price will be watched ..."[link]
Re: Merril Lynch "......Full details of any agreement, arrangement or understanding between the person disclosing and any other person relating to the voting rights of any relevant securities under any option referred to on this form or relating to the voting rights or future acquisition or disposal of any relevant securities to which any derivative referred to on this form is referenced. If none, this should be stated.16,001 shares returned"
massive rise of no comfort to LTH'stclr
Merril Lynch What is that all about, No information, nothing but NA.
We always knew... That this was likely to be picked up by Worldview for a song - not their fault in my view.tclr
worst investment ever I'm out with minimum value from this t*rd of a company.Down £5k, makes me wonder how many other oil companies are going to the wall.Fusion98
Re: Administration?? Telegraph link..... The writing's been on the wall for a very long time but as with other oilies (and miners btw) the SP has been falling so far and fast that sale of shares would have realised only a pittance. I agree O'Cathlan and his fellow incompetents have made a real mess of this - just hope they weren't able to wangle a way to get out of suffering a similar loss to their own holdings. No doubt despite his and their performance other sucker companies will offer them lucrative positions. Suggest you try to keep an eye on their future work placements if you have any plans to invest further in O & G in the foreseeable future ( I won't be doing so by the way despite the many 'bargains' on offer - sick of AIM)tclr
Re: Administration?? Telegraph link..... Nothing remaining now for this dog, but the final coup de grace.Put it out off its misery once and for all, With ORM it must be the biggest waste of space ever unleashed on any stock market.Along with it's chief O'Cathain who always managed to line his own pockets.He should be disbarred from ever holding a position like this again.
Re: Administration?? Telegraph link..... Looks like the end of the road for PCI.Never managed to attain any worthwhile value for its Shareholders.Has had good assets over the past years but BOD never had the foresight or good business acumen to realise any value when it was there.Too little Too Late springs to mind.
Administration?? Telegraph link..... [link]
Another 15% daily fall Yet another 15%fall today.So far with no explanation from the management, who have been absolutely silent for ages, they have managed to sit idly by while watching the share price reduce from 200p to 20p in a matter of months.will the owner of the PCI company please stand up and be counted?FUSION98
Solvent? Can anyone tell me if this company is solvent (makes more than it spends)answers on a post card to the usual address?thanksFusion98
Sales are on Someone is blatantly about to snap up a bargain in the January sales!PCI management are not in control any longer and the bankers are doing the running here. If PCI actually survive, the management has to change. They are totally discredited and cannot be trusted with anybody's hard earned cash. Here's hoping for a sale of the company.To make matters worse, Italy has reimposed restrictions on offshore drilling despite all of their talk re improving exploration conditions and bureaucracy.