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| Share Name | Share Symbol | Market | Stock Type |
|---|---|---|---|
| Trap Oil Grp | TRAP | London | Ordinary Share |
| Price Change | Price Change % | Share Price | Last Trade
|
|
|---|---|---|---|---|
| 0.00 | 0.00% | 0.225 | 01:00:00 |
| Open Price | Low Price | High Price | Close Price | Previous Close |
|---|---|---|---|---|
| 0.225 | 0.225 |
| Top Posts |
|---|
Posted at 05/6/2018 10:44 by cyan You have my sympathies bountyhunter. I could just see a scenario where 10p average TRAP holders MIGHT get their money back. To get to 28p is a bit tricky.Lets say you had 10,000 trap at 28p; costs £2,800K You would now have 100 JOG; at say 228p £228 If you sold your !0,000 TRAP for 0.37p you got back £37. As you say not much better off ; £191 in this example. Its fair to say JOG have a completely different management team and they have been lucky so far. Has the potential to multiply from today's value, imo. |
Posted at 04/6/2018 15:55 by cyan Yes, see the above example . I have to confess ; I did buy some sub one penny TRAP and held to some profit.Just divide your TRAP share number by 100, then times by 228p |
Posted at 04/6/2018 15:35 by cyan Hi bountyhunter.With hindsight buying at 0.37p would have been a dream . Example; 1000 Trap at 0.37p ; value £3.70 . Converted to 10 JOG today 228p ; now worth £22.80. A multi-bag!!!! But, who was to know. What you did was entirely logical. Who would have thought JOG would make such a large discovery.? |
Posted at 04/6/2018 14:54 by bountyhunter Thanks for the info all.I held TRAP shares but checking back as I thought they were about to go bust completely and be delisted sold out at a huge % loss for 0.37p/share (although not huge in real terms thankfully!). Not sure if I would have been any better off getting a handful of JOG shares after a 100:1 consolidation though. |
Posted at 25/5/2018 16:43 by cyan JOG shares are today around 230p. In TRAP share terms that's 2.3p.Even longer term TRAP holders with, say,an average of 10p stand a reasonable chance of seeing their money back, imo. |
Posted at 25/5/2018 16:30 by cyan Yes; a 100 to one consolidation. Towards the end of Traps time when the hopes were still for a result from their last drill you could pick up Trap shares for fractions of a penny; like 0.8p. If you held those Trap shares until consolidation they turned into 80p JOG shares. So, some late TRAP investors may have landed on their lucky feet. |
Posted at 25/5/2018 15:20 by impvesta bountyhunter - yes, TRAP shareholders received shares in JOG. |
Posted at 25/5/2018 15:19 by cyan Trap holders got JOG shares. JOG took over Trap and was attracted by the large historical tax losses. |
Posted at 25/5/2018 15:03 by bountyhunter Malcy seems positive on JOG but they can jog on as far as I am concerned (given what happened to TRAP)! ;-)Incidentally were TRAP holders due any JOG shares as a result of the TRAP demise? - I think not but just checking if anyone can clarify please? |
Posted at 25/5/2018 14:11 by bountyhunter This one wasn't much of a laugh was it - best forgotten I guess except for the lesson to be learn't, i.e. don't get taken in by all the early stage clap trap!Also should have realized from the name!! |
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