Ruspetro Share Discussion Threads

[rcturner2] 20/3/2013 14:22

Interesting

[turborock] 20/3/2013 14:20

Director buy, at last. £11k of them...

[salpara111] 20/3/2013 12:30

The problem here is, as other posters have pointed out, that the company does not seem to be able to generate any meaningful profit on its current production which means that even if they manage to secure the necessary financing to stay in business you have to ask yourself what the point is! Oil prices are near all time highs which should translate into very healthy profits but it is not.
The Russian government has pretty much milked these smaller companies out of existance and while that is pretty nice for them in the short term, in the longer term no one is going to invest in these areas again.

[2bung] 20/3/2013 10:22

i don't like to see people lose, so hope it turns soon, but how on earth can a share keep falling by so much every day

[purple11] 20/3/2013 10:19

ARE THE BEASTS FILTHY DESIRES NOT FULLFILLED WITH THE TEENS-IS IT EYEING UP THE PRETEENS?

[meijiman] 20/3/2013 09:02

you could always write to the Chairman of the company. he has tens of millions in the bank but I suspect the chances of him replying are modest. His reputation has been reduced to shreds by being in charge of this fiasco. The brokers who floated this should be investigated by the FSA. It is almost self fulfilling -the shares are massively shorted and there is nothing the company can do or say short term which will halt the process. Everyone knows its going down again.
It could end up at 10p. Whether it goes bust is unclear -if it did it would rank as the most disastrous company ever floated on the market. Until the financing is sorted there may be more pain.

[oil man] 20/3/2013 07:55

2bung have a look at lrl mate could triple your money short term and
a solid company no debt and testing started this week plenty of cash aswell

Hope you get some back mate.

[ranj79] 19/3/2013 20:39

2bung, Talv has been in decline for over a year, not sure if that is a stock to jump back into after this? That's also being heavily shorted.. Again it's your choice, but be careful, as you don't want to end up in another falling stock.

[2bung] 19/3/2013 18:28

yep ranj, i met margin call after margin call on this share. Must try and learn from it, the only consolation i can find is i was interested in TALV, and may have gone in there instead of here

[ranj79] 19/3/2013 17:43

Sorry to hear 2bung, but you feel better for it. I know I don't worry as much now.

[darcon] 19/3/2013 16:46

UWG Capital also updated their commentary:

[darcon] 19/3/2013 16:42

Commentary from Otkritie:

[2bung] 19/3/2013 16:27

That's me out, what a horrible company.

[2bung] 19/3/2013 16:20

17.42 to sell, can't believe i'm just sitting here and watching it go to nothing. Edit: 16.9

[2bung] 19/3/2013 14:11

19p to sell now, i'll sell up today. Goes down as 1 if not the worst share i ever bought. Every single day it's down, just a question by how much.

[purple11] 19/3/2013 13:36

IS THE DIRTY BEAST ABOUT TO ASSAULT THE TEENS?

HANG YOUR HEAD IN SHAME!

[2bung] 19/3/2013 11:34

They probably shorting it like almost everyone else :(

[huffster] 19/3/2013 10:21

Be interesting to see if the Directors now buy more or are they still going to be closed due to financing talks?

[2bung] 18/3/2013 20:36

About 10 days of trading left here, it loses about 2p every day :(

[2bung] 18/3/2013 16:33

and there goes the usual tank just before close

[2bung] 18/3/2013 16:18

we're prob looking at a 20p close.

as the markets recover, RPO goes lower.

[mcpaulas] 18/3/2013 16:05

Their books have been well and truly cooked.