Petroneft Resources Share Discussion Threads

[denis black gold] 18/7/2014 21:59

Solooiler...... more disgusted than disgruntled...!!!! Still have a few, but most sold and after todays massive 40 mill vote of no confidence more to go come monday...!!! Do you see a bank dumping a money making venture...???? I don't.

[solooiler] 18/7/2014 21:49

I wager £50 that Denis is a disgruntled shareholder who sold out at 3p :0)!

[denis black gold] 18/7/2014 21:44

If it was Macq Bank who DUMPED that reads as a very big negative to me..... Forget all about who purchased them.... one things for sure it wasn't any of our "impoverished" B.O.D....!!!!!!! Macq would have the inside track here and if it was them that DUMPED then they must see ZERO upside from the current level... I mean do you know of any bank that would get rid of a money making idea..???? What a dog of a stock..........Wuff Wuff

[steelwatch] 18/7/2014 15:25

...question is, who took them?

[steelwatch] 18/7/2014 15:25

That's Macquarie out I think...

[pwilk47490] 18/7/2014 15:23

Exactly the same holding as Macquire Bank! Good investing guys!!!! ;-)

[maryhopkins] 18/7/2014 15:15

WOW WHAT A DUMP!!!!!!!!!!!!!!!

[seangwhite] 18/7/2014 14:07

Dbg

Holding more than all the BOD (excepting DF) and was just meaning to 'retire happy' from this holding.
It is interesting that there have been no directors buys and the last lot of options (30/11/12) are exercisble at 6.5p after the share price has hit 8.5p for a set period.The lack of buying at last years low levels makes for some puzzlement.
Hope this one comes good as I do think with a bit of luck on T5 it would be a case for double digits in the share price

GLTA

[denis black gold] 18/7/2014 12:59

seangwhite......you must hold a massive amount of shares or on the other hand you must envisage some substantial PTR share price appreciation over time if you "hope" that we can all live long enough to retire happy.... Like you i hope it works out well for all. However i wouldn't be putting a down payment on the Harley D just yet.....!!!!! GL2A

[el1te] 17/7/2014 22:48

Seangwhite,

Genuinely, I encourage you to question them as to reasons why they are not buying shares. State their salaries out loud if need be and question them. Applying pressure to see how they respond is never a bad thing and often makes for interesting answers.

I'm bullish on Petroneft due to the sheer quantity of 2P and promise that Oil India brings, but I agree that they should be buying up shares in the market if they want to be taken more seriously and if they want to indicate that this really is a new chapter.

Best,
El1te

[seangwhite] 17/7/2014 22:38

DbAs a shareholder I may attend the agm and am currently inclined to vote against the re election of any existing board members.I hold more than some board members so that says a lot as to their belief in PTRGLTA

[dbarr0n] 17/7/2014 13:46

thetoon..
I have not nor had anything to do with the board..
I just have a substantial holding here and I am happy to hold and add more as funds allow.

[rockin robin] 17/7/2014 12:05

Special Sheninigans mode.Too large trades declared - no movement.Whatever it is - it's now gone...

[woodpecker25] 17/7/2014 10:59

Db - I bet the majority of shareholders wanted the deal with OIL to go ahead but with some changes to the current BOD (including OIL).

But with Natlatala hovering we were never given the chance to vote on this. IMO the BOD used the Natlata situation to their advantage when structuring the deal with OIL.

You state that "It was OIL that insisted that the current board remain". How on earth do you know this??

[rcturner2] 17/7/2014 10:52

db is a company stooge

[j284] 17/7/2014 10:14

So will I. Were you at the EGM Dbarron?

[thetoonarmy2] 17/7/2014 10:12

Oh I think I will be at the AGM