ADVFN Logo ADVFN

We could not find any results for:
Make sure your spelling is correct or try broadening your search.

Trending Now

Toplists

It looks like you aren't logged in.
Click the button below to log in and view your recent history.

Hot Features

Registration Strip Icon for default Register for Free to get streaming real-time quotes, interactive charts, live options flow, and more.

LBE Longboat Energy Plc

19.50
-0.50 (-2.50%)
21 Jun 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Longboat Energy Plc LSE:LBE London Ordinary Share GB00BKFW2482 ORD 10P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  -0.50 -2.50% 19.50 19.00 20.00 19.75 19.25 19.50 983,879 16:29:22
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Offices-holdng Companies,nec 0 -15.47M -0.2709 -0.72 11.14M
Longboat Energy Plc is listed in the Offices-holdng Companies sector of the London Stock Exchange with ticker LBE. The last closing price for Longboat Energy was 20p. Over the last year, Longboat Energy shares have traded in a share price range of 6.25p to 33.00p.

Longboat Energy currently has 57,108,120 shares in issue. The market capitalisation of Longboat Energy is £11.14 million. Longboat Energy has a price to earnings ratio (PE ratio) of -0.72.

Longboat Energy Share Discussion Threads

Showing 701 to 723 of 1400 messages
Chat Pages: Latest  32  31  30  29  28  27  26  25  24  23  22  21  Older
DateSubjectAuthorDiscuss
11/7/2023
14:39
That's what Helge said.
ohisay
11/7/2023
14:04
I'm sure I've seen spud 20/7/2023 to 20/8/2023. Lovely set up for some news flow
not guilty
11/7/2023
11:31
Late July, early August for Velocette spud I thought the company stated?

The reigns maybe coming off the share price with 30’s incoming…

bumpa33
11/7/2023
11:15
35p in sharp order
chutes01
11/7/2023
09:45
Still no exact date or month for the next drill?
danmart2
11/7/2023
07:47
Hi cmb yes i finally took a small position here a couple of days ago
jeanesy
11/7/2023
07:17
Good to know it's the directors who've been pushing the price up the last few days.
not guilty
10/7/2023
11:11
Jeanesy, i hope you have bought in here. Plenty of meat on the bone here.
2cmb
10/7/2023
09:06
Doesn't seem to take much buying to move this up this morning .
jeanesy
10/7/2023
09:00
Breaking out and threatening that sweet spot on the chart between 28 to 40..
bumpa33
09/7/2023
20:42
Plenty left in the tank here and pending news flow. Looks also that the bigger holders are still stake building
howie26
09/7/2023
13:11
Looking primed for a run up next week. Huge gap to fill and a bull flag that will slap your face off. GL
not guilty
07/7/2023
17:44
Certainly seems to be gaining a little momentum here.
bbm_144
05/7/2023
11:17
Presentation...
Qs
- goal is significant Norway production (with Japex) in 3 to 5 years
- "significant" means around 20,000 bpd

sogoesit
04/7/2023
11:54
Bid ‘n offer creeping back up again…
bumpa33
04/7/2023
00:20
gap to 40 needs filled
chutes01
03/7/2023
19:43
A few nervous AM sellers shares all bought up by the close,easy business for the mm's ,and probably another 1% or more of available share transferred into sticky hands.
e43
03/7/2023
09:46
market reaction: meh........
R.

retsius
03/7/2023
09:36
Usual AIM market reaction...
Invest in an oil&gas company > oil&gas company invests in oil&gas > sell shares in said oil&gas company.
Lol

sogoesit
01/7/2023
16:42
e43,

Cheers.

I am just getting up to speed here.

Bought a few on Friday to keep it in my face and do some leg work.

11_percent
01/7/2023
13:19
11%,if you go back through the thread,this was debated a few weeks ago.
I think the initial $16m goes into the joint venture so probably 50+% LBE.
LBE does have $10m ish outside the JV though. Existing debt looks like its covered by a tax credit.
So basically current mkt cap is pretty much in cash when JV starts ,so no real value in Current price for previous drill successes, or future prospects. Of course plenty of expenses going forward, and I guess this was the reason the share fell so much prior to the JV announcement .( it looked like they would have to try to monetize one or all of their stakes in other licences where they had hit gas)
The $100m of credit funding Japex is going to provide to the JV going forward obviously takes away the funding uncertainty and places the new JV and especially a small plc like LBE with a £14m mkt cap in an enviable position .
DYOR

e43
01/7/2023
12:16
Bought a few on Friday to test the water.

We have a £13.88 million market cap.


I am looking at slide 6 of the video presentation.




It says.

Initial Investment of Up To US$50 million

# Initial cash consideration of US$16 million.

# Contingent consideration of US$4 million linked to completion of a production acquisition under review.

# Up to US$ 30 million linked to Velocette exploration success (drilling Q3 23).


Lets just take that initial $16 million.....at conversation rate 0.79 = £12.59 million.

That is £12.59 million cash verses a market cap of £13.88 million.

With the JV being confirmed....am I right in saying that £12.59 million is in the bag for LBE.



This does not include the further £3.14 million and £23.6 million.

=================

The graph looks good.


free stock charts from uk.advfn.com



Gaps up on the JV news.
Then 3 weeks where the share price pulls back......although it barely dents the rise.....and it is NOT a REVERSAL.

Then we have a 5 week rising trend......with the last week showing a larger increase in share price .......its got momentum.

11_percent
01/7/2023
07:45
LBE looking good for next week and beyond. Q3 will be transformational for sure. Should be 50p min. £1+ if Velocette lands and with 30% COS, looking very positive
pol123
Chat Pages: Latest  32  31  30  29  28  27  26  25  24  23  22  21  Older

Your Recent History

Delayed Upgrade Clock