Iog Share Discussion Threads

[thelongandtheshortandthetall] 24/6/2022 10:32

looks like 5,000,000 just went through.

[dunderheed] 24/6/2022 10:01

I'm able to easily dummy sell 180k of these?
There certainly "seems" to be a buyer around?
EDIT f me - change that to 500k?! Can't be bothered to try anymore - but someone wants our shares!!

[marvelman] 22/6/2022 13:46

Agree Bounty

[bountyhunter] 22/6/2022 12:48

It does look like someone is accumulating given the scale of recent sales?!

[maxidi] 22/6/2022 12:48

Sellers probably cashing in on yesterdays bonanza.

[bountyhunter] 22/6/2022 12:41

Also selling, just notified...

Richard Griffiths and controlled undertakings
City and country of registered office St Helier, Jersey

down to <3% from 4.41%

[shareideas1] 22/6/2022 12:27

Who is buying these blocks? Presumably someone will have to disclose soon given size of sales...

[bountyhunter] 22/6/2022 12:20

More on Russian Gas..

Europe warned to prepare for ‘total shutdown’ of Russian gas exports before winter

[bountyhunter] 22/6/2022 12:10

As anticipated another TR1 today with LOG reducing yesterday by another 1% to 14.46%, again good riddance!

[maxidi] 22/6/2022 10:35

Good old Sunak eh! NOT.

[king suarez] 22/6/2022 10:28

It does seem unfair. The proposed US windfall tax is on companies with minimum revenues exceeding $1bn - a fairer proposal than the UK one, which also punishes minnows!

[maxidi] 22/6/2022 10:24

Thanks hpcg.
I meant that IOG is nothing like B.P. or shell and still a minnow. Seems a bit unfair to tax a small enterprise though.

[hpcg] 22/6/2022 10:14

mxidi - 1. we are producing, 2. yes it applies to all production within the UKCS as of the date it was announced, 3. It is largely mitigated by the works programme we have, but if revenue exceeds that capacity then that just indicates how much cash the company is generating.

[maxidi] 22/6/2022 10:08

Will a windfall tax affect IOG I wonder. As it is not yet producing (so to speak) I would have thought not.

[marvelman] 22/6/2022 09:43

Well whichever the side of the fence you are on I think we are all at one with the fact that anything he says means nothing...the windfall tax being just one example that springs to mind

[maxidi] 22/6/2022 09:41

Boris has said today he is throwing some money into RR. nuke's. The money tree has no leaves left!

[maxidi] 22/6/2022 09:36

At least the other gas/oil companies are down as well.

[marvelman] 22/6/2022 09:22

Yes indeed. The nagging concerns holding on to the shirttails of the share price is the near term issues which have been rolling out over the months since first gas..although it does seem that we are looking as if we are nearly through the worst of the start up teething issues.

[hpcg] 22/6/2022 09:13

The lesson here surely, by now, is to be concerned with the business not the share price. I am so so thankful to the sellers that couldn´t see through a couple of weeks of delay for a company printing money. I am so thankful to those that sold, and to be fair took good profits, at first gas when the first project had largely been de-risked. At this rate of gas prices not only will the company be debt free within a year but the company will have returned a significant proportion of today's enterprise value. Returns slow once the tax losses have been used up. The company could even offer up a dividend at the full year, which would be astonishing.

[tidy 2] 22/6/2022 09:13

Just allowing the indicators to cool off a bit. Slight dab of the brakes.

[marvelman] 22/6/2022 09:10

More like Lombard still selling IMO...but its all a guess. However, it does feel a different place to where it was before the update and the chart agrees.

[maxidi] 22/6/2022 09:06

Profit taking?

[marvelman] 22/6/2022 08:48

...and it was going so well

[marvelman] 22/6/2022 08:30

That's very interesting hprg