New World Oil Share Discussion Threads

[andy] 17/12/2015 09:23

R Ball,

pardon?

[6ste] 15/12/2015 11:57

Must be news due soon

[6ste] 10/12/2015 13:46

FTE could happen here soon

[ardiebo] 08/12/2015 15:42

Just to satisfy your curiosity R Ball, I bought £1500 worth(?)some years back and sold them last week for £35.00. Investor extraordinaire, n'est pas?? Still, as long as the directors are comfortable, I shouldn't complain.

[r ball] 03/12/2015 07:31

I always wonder what the usual size of trade is for bulletin board investors? £500/£5000?

[nerdofsteel] 02/12/2015 17:11

"The problem is you have no idea what that news may be, and so how can you make an informed investment decision without the relevant information?"

I won't disagree with that. My point is that AIM shells CAN deliver value, not always, but they can.

I don't understand why so many people spend so much time on bulletin boards of shares they don't own and have no intention of every buying.

Would someone care to answer that question? politely

[r ball] 01/12/2015 22:23

I just don't see the investment case. Just blind hope. Why not buy shares in a company which actually does something?

[andy] 01/12/2015 20:06

Nerd,

Th problem is you have no idea what that news may be, and so how can you make an informed investment decision without the relevant information?

It's just hope and gambling at this point.......

[r ball] 27/11/2015 12:07

and a reason to sell.

I would be more comfortable with the newsflow from say CHRT than NEW.

I would be interested in your opinion of: CHRT, ALM,and BKG.

[nerdofsteel] 27/11/2015 08:50

impending news is the reason to buy

[r ball] 26/11/2015 18:46

no reason to buy.

[cyan] 26/11/2015 15:16

Its all about what has been spent since 28.8.15.
Looking at previous company supplied numbers which suggested approx. £100k per month expenditure one might make a ball park guess not too far from £2.6m.

The big question mark for me is; what nasties, if any, did the old management leave.
I am wondering at what cost, if any,for the 12 month extension at Blue creek.

[the macallan] 26/11/2015 15:10

As a result of the Placing and Open Offer that concluded in July 2015, the Company's cash position (as at closing of business on 28 August 2015), stands at approximately US$4,479,266.

[nerdofsteel] 26/11/2015 13:49

"no product no staff no customers. just cash and new directors"

Any there have been many examples of AIM cash shells which have gone on to be very successful

[cyan] 26/11/2015 11:39

Maybe £2.6m

[someuwin] 26/11/2015 11:31

How much cash have they got?

[andy] 26/11/2015 08:33

r Ball,

Correct,

It's called reckless gambling at this stage!

It's the opposite end of the spectrum to making an informed investment decision.

Bulletin boards have a lot to answer for!

[r ball] 26/11/2015 08:15

No strategy.

[r ball] 26/11/2015 07:39

no product no staff no customers. just cash and new directors

[r ball] 25/11/2015 20:44

there is no business.

[nerdofsteel] 25/11/2015 13:51

not really, everything is looking good here