Hi Spuddy, you been quiet since the announcement but you are upbeat, last year we lead to beleive deal is in offing because all iis participated now back to square one. In a years time will know where we will. Looks like you are opting to dilute aggresively has your average fallen below 1 euro now? Am bit cheesed as our leader converted 5 gbp to onea penny in 4 years. The great magician
Hi Haribo, They raised 77 million about 9-10 million goes in asset form to melody and cenkos. Rest 66 million will be with company. Most of current shareholders am aware of have average of above 1 gbp, this dilution is hard hit
All existing shareholders money is drained out
Expecting Durid will save us is like dreaming of lotto. They should have disposed atleast one asset; how many assurances this person made and where we are today
To save 50% drilling costs they are diluting asset by 70%. Merciless ruthless board we have
10 million, but the question remains they should have put the effort to sell 28% stake to more than under million but they havent even explored that option. The board is obviously working for certain major shareholder.
Hello Bullseye, company might say Barryroe is worth more than 1
They are allocating at 1p two times current share capital
Why isnt pvr announcing to sell its assets; they need to be transparent. Better bet is company takeover, they will not announce because they will receive bids which need to be disclosed to market.
LOGP has announced about equity raise, the best part is directors are allocating themselves outstanding salaries in the form of equity at 1p share. They are scooping the cream, why didnt they allocate themselves outstanding salary in stock options when share was trading at 2p or 5p; they are gulping assets on behalf of others wow amazing isnt it?