All they had to do was look at the actual numbers based on share price and not do all that upbeat nonsense that tells investors absolutely nothing except that it is some kind of voodoo tech indicator.
Your math skills need some work. High for 52 weeks is 40 cents and low is 7.6 cents. Currently at 14 cents would make the drop about 67% from the high but up almost 100% from the low. See how much fun numbers can be by using them correctly?
Agree. Will be interesting to see what value a buyer would put on the assets so many of which have future but not necessarily current value.
If OA had a launch vehicle ready to go it would probably be positive but I think OA will have to depend on other areas to grow at this time. I wonder what the Orbital timeline will be for its next launch to the ISS or if they yet have a timeline. I think OA is a "light buy" at this time but would not load up the truck just yet.
Described as non-nominal. In other words the rocket blew up at about 35 km altitude. No one likes to see that happen to a company but I have posted in the past that eventually this would happen to this Musk enterprise and that his crowing about Orbital's failure was not justified. This is part of the risk of such highly technical attempts. I am sure SpaceX will figure out what happened just as did Orbital.
Wilson's latest comment about how to create value for shareholders based on the assets the company has shares in and the potential long term value of Poplar makes me think that management is looking for a buyer or at least a white knight.
Investors seem to be waiting for the next shoe to drop. Will it be positive in terms of news from Horse Hill or will it be negative and cause shares to collapse even further?
Yeah, right--haha. In as much as avi's and taffy's replies were deleted as well, I am sure you are correct.
Many replies no longer show and now I get a May 1 response from wrongtom on the Quadrilla post that refers to Central Petroleum in Australia and the Dingo gas field and has nothing to do with my Quadrilla post. Weird.
And yet UKOG was able to get investors to subscribe to 9 million dollars in new shares with the main emphasis placed on Horse Hill in the news release. Hmmmm?
Correction: Lancanshire County Council recommended approval BUT final decision still needs to be made on the site Quadrilla wants to frack.
Another site was rejected. UKOG says fracking not in Horse Hill plans but the 6 million pounds I said they were hoping to raise has been completed and Horse Hill has been indicated as the main site for the usage of the new funds. Nothing is mentioned in the news release about Magellan in regards the new funds.
Moderation in all things my good man, moderation in all things. Does posting what a minority backbencher thinks in Parliament many times make it any more or less relevant than one time? Does repeating over and over the mantra that the Fort Peck water supply from 30 years ago might have been polluted really add to the conversation? Does posting 7-8 or more times a day make the poster relevant or a joke? Does posting about a racehorse--oh wait, did I type that out loud...
The bashers will continue to advise this board even when I and carson and others are not saying anything for days on end. Recently, 19 posts in a row were by avi then nothing for a day or so. That is not advise, that is bipolar. If you look closely enough I have also posted that NT/P-82 could easily be lost before a partner is found just as the area of south island New Zealand was lost. Dingo is now connected and Magellan, as part owner of Central, has a piece of that. It is Isle of Wight, not Wright and I admitted I said Bakken incorrectly. And HH is going to be big but I have also said it may not come soon enough for Magellan to benefit. All in all, I think I have been reasonably balanced.
Meaningful degree??? To me, that denotes telling people it is a screaming buy. I will admit to being enthusiastic about their chances, as were others, when the Isle of Wight looked good and when a couple of other things looked promising but I have also posted discontent over earlier policies of management and urged changes. Avi and the other advocates such as yourself have only bashed and posted irrelevant anachronistic nonsense for years so, like a broken clock, were correct sometimes. Once again, no one asked you people to protect us from investments we wanted to make so why do you hang around the board? Will you and the others promise to ride off into the sunset if you are proven wrong concerning Magellan? I have already promised to admit I was wrong. Will you? Can you?
How is saying something is rumored and unsubstantiated considered a pump? Further, avi did not have a crystal ball that told him oil would plummet from 85 to 45 dollars a barrel seemingly overnight. I honestly think avi got burned once by Magellan and, like a spiteful wraith, has held a simmering grudge ever since. Carson and I and others have known forever that this is a risky stock and have never said otherwise. In fact, I have said that a person needs to be willing to take on a lot of risk if they buy Magellan. I fail to see how I have pumped to any meaningful degree. If Magellan does fail completely then I will admit on this board that I was wrong. Will Avi and you and his other advocates do the same if it goes the other way? Somehow, I think you will all disappear from the board without a peep.
I have already come to grips with the idea that Magellan may go under. Avi and friends, on the other hand, are driven to distraction by even the slightest rumor that something positive may happen allowing Magellan to survive and perhaps even thrive. Any comment suggesting a positive outcome might occur is immediately jumped upon as pumping.
Of course avi will disagree but my comment about ukog raising 6 million pounds seems to be the plan of ukog and may already be underway if not completed. Will it be used to buy back a third of Magellan's holdings in HH or more? Heck, I don't know and I made it clear that it was unsubstantiated rumor when I posted it. But, just for giggles, let's say that is what is being contemplated. Magellan could clear up the Celtique issue, retain most of their Weald holdings plus Isle of Wight and have about a year's worth of funds for Poplar or other uses.