sharetrader
Page 11 of 11 FirstFirst ... 7891011
Results 151 to 159 of 159
  1. #151
    FEAR n GREED JBmurc's Avatar
    Join Date
    Sep 2002
    Location
    Central Otago
    Posts
    6,985

    Default

    Quote Originally Posted by Hectorplains View Post
    https://www.asx.com.au/asxpdf/201905...vmb1tpmxry.pdf

    As they say, the struggle is real. Not good news and now the question of potentially another CR? Not that RLE would do anything transparent...like address that in the announcement.
    Yes not a great picture ... still, haven't moved even though the OBs are now trading below 2c ... thinking the next CR could well be 6c etc
    People don't have ideas, ideas have people

  2. #152
    Divorced from logic Hectorplains's Avatar
    Join Date
    May 2015
    Location
    Christchurch
    Posts
    684

    Default

    Quote Originally Posted by JBmurc View Post
    Yes not a great picture ... still, haven't moved even though the OBs are now trading below 2c ... thinking the next CR could well be 6c etc

    Implications of the tax ruling are significant - in my opinion a repeal is highly unlikely. Down to 6c today. They urgently need good results out of Tam 2 and 3, AND a further cash raise looks inevitable, at what thou... 3 cents? RLE is being diluted to oblivion.

  3. #153
    Divorced from logic Hectorplains's Avatar
    Join Date
    May 2015
    Location
    Christchurch
    Posts
    684

    Default

    Quote Originally Posted by Hectorplains View Post
    Implications of the tax ruling are significant - in my opinion a repeal is highly unlikely. Down to 6c today. They urgently need good results out of Tam 2 and 3, AND a further cash raise looks inevitable, at what thou... 3 cents? RLE is being diluted to oblivion.
    Scott whispered more sweet nothings and excuses on the teleconference.

  4. #154
    FEAR n GREED JBmurc's Avatar
    Join Date
    Sep 2002
    Location
    Central Otago
    Posts
    6,985

    Default

    What a DOG ...RLE just as we predicted going down the drain ... wish I never picked for one of my ASX comp picks.... but could be worse could be still holding
    People don't have ideas, ideas have people

  5. #155
    Senior Member
    Join Date
    May 2000
    Location
    , , .
    Posts
    1,373

    Default

    I had it on my watchlist based on this thread but luckily never bought in. So if the wells are not commercial at all they will go belly-up or is there a turnaround story in the offering here?

  6. #156
    FEAR n GREED JBmurc's Avatar
    Join Date
    Sep 2002
    Location
    Central Otago
    Posts
    6,985

    Default

    Quote Originally Posted by silu View Post
    I had it on my watchlist based on this thread but luckily never bought in. So if the wells are not commercial at all they will go belly-up or is there a turnaround story in the offering here?
    Who knows plenty of dreamers on HC that think its great buying ... but they have been saying the same since 14c
    looks very risky to me .... need 6mill to build pipeline + more drilling funds but then decline rates look steep hard to see much profit from operations IMHO
    Last edited by JBmurc; 31-07-2019 at 02:24 PM.
    People don't have ideas, ideas have people

  7. #157
    Senior Member
    Join Date
    May 2000
    Location
    , , .
    Posts
    1,373

    Default

    Quote Originally Posted by JBmurc View Post
    Who knows plenty of dreamers on HC that think its great buying ... but they have been saying the same since 14c
    looks very risky to me .... need 6mill to build pipeline + more drilling funds but then decline rates look steep hard to see much profit from operations IMHO
    Yeah way too risky for me. Glad you got out in time.

  8. #158
    FEAR n GREED JBmurc's Avatar
    Join Date
    Sep 2002
    Location
    Central Otago
    Posts
    6,985

    Default

    Quote Originally Posted by silu View Post
    Yeah way too risky for me. Glad you got out in time.
    Got out for a nice profit which is always good when you now look at what could have been a -60% paper loss
    People don't have ideas, ideas have people

  9. #159
    Advanced Member
    Join Date
    Dec 2003
    Location
    Christchurch, , .
    Posts
    2,463

    Default

    JB,
    Got in and out for a small loss . But I have it in the comp which is a big negative. Scott B has really underperformed. Quite incompetent really.

Bookmarks

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •