110P ..wtf? ...Some negative Euro QE knock on to do with the Euro denominated bonds???
had 2000 shares and sold down half between 2.40 and 2.50 in case no increased offer. Starting to regret keeping other half as increased bid seems very slow in coming and even if it does it'll hardly be more than 2.50 - 2.60. There may be some horse-trading going on in the background of course causing the delay, especially because of the Irish govt stake and the sensitive issues around heathrow slots as well as anti-competitive concerns if IAG were to be successful. Keeping fingers x'd nonetheless for bid before end of week...
despite the upbeat tone of the update, note that total production stands at 1850 bopd i.e. hasn't really increased at all since last year - if anything, it seems to be decreasing despite the cash injection and talk about new wells being drilled...will this thing ever deliver???