Rockrose Energy Share Discussion Threads

[lazygun] 19/6/2020 16:21

Well, if it maintains dividend at 85p, myinitial target would be based on. 3.5% yield, equating to around £24.30 a share...
If they increase dividend to say £1 a share, 3.5%; yield implies target share price of around £28 A share
L.

[danawinner] 19/6/2020 08:41

Nice to see a bit of a lift in the share price this morning together with Brent rising to $42. It makes a pleasant change as usually when the oil price goes up our share price goes down!Let's hope that the usual correlation between oil price and share price has been restored.

[dragon35] 17/6/2020 08:24

None of the cash is restricted for decommissioning because they put a decomms bond in place. The remainder of decomms is reduced by the TTH repayments. The cash is clearly there for the next acquisition so the market has discounted it awaiting news of the next asset is my only logical view right now.

[ammu12] 17/6/2020 08:04

Maybe lots of it is restricted for decommissioning.....

[jason_scrap] 16/6/2020 20:31

Really cannot believe the lack of interest here!!! Company has 1/4 £bn in cash!!!! 1/4 of a billion..!!! Let that sink in!!! And it's not depleting as we're adding to it daily..! With Arran due to be connected soon we gonna making even more dough! AIM companies with sub £500k cash are performing better lately!! Wtf!!!! Lol

[begorrah88] 16/6/2020 10:16

Once again we have a bot turned on to sell every minute - been on for 20 minutes now. Different shapes but quite obvious.

Someone really wants RRE pegged.

Patience needed

[jason_scrap] 12/6/2020 16:23

£158m mcap..... £280m cash #justsaying

[money4me] 12/6/2020 15:12

Back on the gravy train

[mustau] 12/6/2020 10:25

Insane, every dog is blue.

[dragon35] 12/6/2020 10:05

This one trades on SETS so more likely algos and bots. Check the A trades and if they are plentiful then it's the computers not MM driving it.

[dragon35] 12/6/2020 08:35

If the acquisition is larger than the company it is a reverse takeover

[lazygun] 12/6/2020 08:34

Why does it need to be suspended because of an acquisition?

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[dragon35] 11/6/2020 22:21

See Exxon selling some assets! Possibly at a 50% discount to last years proposed price. Interesting to see how it pans out but they got a nice gas asset with Shell and RRE are chasing gas and have a strategic asset with Shell already. Can only speculate !

[dragon35] 11/6/2020 17:13

Seems on a par with the drop in other Oiler's like PTAL TLW and others. BP and Shell down almost 7% too. A lot of analysts saying $35 oil is the expectation so RRE should hold the 10-14 range at those prices. I agree with others that a nice 6 month suspension pending a monster acquisition would be nice about now!

[lazygun] 11/6/2020 16:54

Still, current pullback seeems to be at or near an upward trend line from the March bottom


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[lazygun] 11/6/2020 16:53

Preferably in the renewal space, or even some sort of services oriented business....

L.

[lazygun] 11/6/2020 16:52

Wish AA would announce some sort of acquisition....

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[begorrah88] 11/6/2020 16:30

From 1st thing this morning many oilers were pulled down and have seen 'bot' selling to keep them there or pull them further if they can.Almost as if a pull back on oil price had been agreed & pencilled in for today.Uncanny!

[itsnotmeitsy0u] 11/6/2020 15:41

hmm looks like 900p is back on the cards

[lazygun] 11/6/2020 08:17

Interesting article

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[robo175] 10/6/2020 15:20

Courtesy of longpete lse

The Rockrose Energy share price - is the market missing something?

[rizler] 10/6/2020 08:22

Ridiculous spread

[robo175] 08/6/2020 15:24

I already had him filtered so obviously a dimwit.