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TRAP Trap Oil Grp

0.225
0.00 (0.00%)
23 Apr 2024 - Closed
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 Shares Traded Last Trade
  0.00 0.00% 0.225 0.00 01:00:00
Bid Price Offer Price High Price Low Price Open Price
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
  -
Last Trade Time Trade Type Trade Size Trade Price Currency
- O 0 0.225 GBX

Trap Oil Grp (TRAP) Latest News

Real-Time news about Trap Oil Grp (London Stock Exchange): 0 recent articles

Trap Oil Grp (TRAP) Discussions and Chat

Trap Oil Grp Forums and Chat

Date Time Title Posts
05/6/201811:29Trapoil - North Sea oil/gas production and exploration (moderated)8,418
23/4/201508:07'Value Trap' Oil - Definition of a Value Trap79
08/1/201508:02Trap129
16/10/201410:34Trap Oil Group plc3,630
12/1/201414:21TRAP - a UK unconventional oil play?-

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Trap Oil Grp (TRAP) Most Recent Trades

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Trade Time Trade Price Trade Size Trade Value Trade Type

Trap Oil Grp (TRAP) Top Chat Posts

Top Posts
Posted at 05/6/2018 10:44 by cyan
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.
Posted at 04/6/2018 15:55 by cyan
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
Posted at 04/6/2018 15:35 by cyan
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.?
Posted at 04/6/2018 14:54 by bountyhunter
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.
Posted at 25/5/2018 16:43 by cyan
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.
Posted at 25/5/2018 16:30 by cyan
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.
Posted at 25/5/2018 15:20 by impvesta
bountyhunter - yes, TRAP shareholders received shares in JOG.
Posted at 25/5/2018 15:19 by cyan
Trap holders got JOG shares. JOG took over Trap and was attracted by the large historical tax losses.
Posted at 25/5/2018 15:03 by bountyhunter
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?
Posted at 25/5/2018 14:11 by bountyhunter
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!!
Trap Oil Grp share price data is direct from the London Stock Exchange

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