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TRAP Trap Oil Grp

0.225
0.00 (0.00%)
Last Updated: 00:00:00
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Trap Oil Grp LSE:TRAP London Ordinary Share GB00B3Q57427 ORD 1P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 0.225 - 0.00 00:00:00
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
0 0 N/A 0

Trap Oil Grp Share Discussion Threads

Showing 12276 to 12299 of 12300 messages
Chat Pages: 492  491  490  489  488  487  486  485  484  483  482  481  Older
DateSubjectAuthorDiscuss
05/6/2018
10:29
you're in the right ballpark cyan, it was just a speculative punt fortunately - so the difference between what was and what might have been would have bought me a few beers but not much more (at today's prices!);
also I've done well with one or two other small cap oilers since so just about consigning this one to the bin wasn't too bad an option at the time as I didn't need to expend further time following it all things considered

bountyhunter
05/6/2018
09:44
You have my sympathies bountyhunter. I could just see a scenario where 10p average TRAP holders MIGHT get their money back. To get to 28p is a bit tricky.

Lets say you had 10,000 trap at 28p; costs £2,800K
You would now have 100 JOG; at say 228p £228

If you sold your !0,000 TRAP for 0.37p you got back £37. As you say not much better off ; £191 in this example.

Its fair to say JOG have a completely different management team and they have been lucky so far. Has the potential to multiply from today's value, imo.

cyan
05/6/2018
09:10
ok, couldn't resist it! (and thanks for the conversion formula cyan)
...by my calculation as I was 'TRAP'ed in @28p when 'investing' in this junk after dividing by 100 and *228p I would have still been 92% down so not much to have been gained by holding on rather than selling when I did so far as I can tell

bountyhunter
05/6/2018
09:02
no thanks, I know I lost out! ;-)

the experience here did put me off management concerned though so won't be investing in JOG

bountyhunter
04/6/2018
14:55
Yes, see the above example . I have to confess ; I did buy some sub one penny TRAP and held to some profit.

Just divide your TRAP share number by 100, then times by 228p

cyan
04/6/2018
14:51
Hi cyan, but does that take into account the 100:1 consolidation which was I think after I sold?
bountyhunter
04/6/2018
14:35
Hi bountyhunter.

With hindsight buying at 0.37p would have been a dream .

Example; 1000 Trap at 0.37p ; value £3.70 . Converted to 10 JOG today 228p ; now worth £22.80. A multi-bag!!!!

But, who was to know. What you did was entirely logical. Who would have thought JOG would make such a large discovery.?

cyan
04/6/2018
13:54
Thanks for the info all.

I held TRAP shares but checking back as I thought they were about to go bust completely and be delisted sold out at a huge % loss for 0.37p/share (although not huge in real terms thankfully!). Not sure if I would have been any better off getting a handful of JOG shares after a 100:1 consolidation though.

bountyhunter
25/5/2018
15:43
JOG shares are today around 230p. In TRAP share terms that's 2.3p.

Even longer term TRAP holders with, say,an average of 10p stand a reasonable chance of seeing their money back, imo.

cyan
25/5/2018
15:30
Yes; a 100 to one consolidation. Towards the end of Traps time when the hopes were still for a result from their last drill you could pick up Trap shares for fractions of a penny; like 0.8p. If you held those Trap shares until consolidation they turned into 80p JOG shares. So, some late TRAP investors may have landed on their lucky feet.
cyan
25/5/2018
15:09
But it wasn't many! I can't remember if there was a consolidation before the demise, but that's what I mean by a handful of shares. Each JOG share I hold has cost many times more than their face value!
farmscan
25/5/2018
14:20
bountyhunter - yes, TRAP shareholders received shares in JOG.
impvesta
25/5/2018
14:19
Trap holders got JOG shares. JOG took over Trap and was attracted by the large historical tax losses.
cyan
25/5/2018
14:03
Malcy seems positive on JOG but they can jog on as far as I am concerned (given what happened to TRAP)! ;-)

Incidentally were TRAP holders due any JOG shares as a result of the TRAP demise? - I think not but just checking if anyone can clarify please?

bountyhunter
25/5/2018
13:34
I keep looking at my handful of JOG shares and thinking I should buy more, but I just can't bring myself to do it!
farmscan
25/5/2018
13:11
This one wasn't much of a laugh was it - best forgotten I guess except for the lesson to be learn't, i.e. don't get taken in by all the early stage clap trap!

Also should have realized from the name!!

bountyhunter
28/2/2018
14:09
Perhaps zingaro had the last laugh there, Jonny.
caters
19/8/2015
15:49
Don't know why you bothered!
ngms27
19/8/2015
15:39
I have started a JOG thread
zingaro
15/8/2015
13:25
-99.5% since listing



100-to-1 consolidation and we go again

The new mgmt's former company Longreach actually trumps Trap with -99.8%

bam bam rubble
14/8/2015
17:32
Nice way for the directors to keep themselves in employment!
ammons
14/8/2015
17:29
What is the position of the deferred shares ?
zingaro
07/8/2015
20:17
Surprised to see peeps posting on here.....it's over.
irnbru2
07/8/2015
16:30
Bones you know how to pick them trap then gpx!
jxman
Chat Pages: 492  491  490  489  488  487  486  485  484  483  482  481  Older

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