I agree, credibility gone and goodwill destroyed.
MAY has been driven to a parlous state.
We have a duster, 7 wasted months , squandered a golden opportunity for production (some see us as an exploration co, since when has that been an aspiration) and a share price in the sewer. Still Mx feel no obligation to inform shareholders of how they will attempt redemption. Momentum is debased to negative, needlessly.
A1 will not be re entered IMO as it was an exploration well and thus not optimal for production from the Amardi interval from which it is offset. Whether they can use the first segment and deviate from there, I don’t know, as the cost savings in time and money might not be worthwhile.
Anybody who thinks a quick re entry and production with redemption is imminent are dreaming and need to take their rose coloured glasses off. Enormous damage has been done. It was all so preventable and foreseeable and now lamentable. I need a miracle from here and I don’t see where it is coming from. Maybe if Sonangol take the reigns, that would be a circuit breaker. AP took a needless gamble, and lost.
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Last
2.3¢ |
Change
0.002(9.52%) |
Mkt cap ! $77.51M |
Open | High | Low | Value | Volume |
2.2¢ | 2.3¢ | 2.2¢ | $83.23K | 3.644M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
5 | 310691 | 2.2¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
2.4¢ | 3542587 | 7 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
4 | 309691 | 0.022 |
12 | 2574442 | 0.021 |
23 | 4371251 | 0.020 |
6 | 1029920 | 0.019 |
4 | 677480 | 0.018 |
Price($) | Vol. | No. |
---|---|---|
0.024 | 3542587 | 7 |
0.025 | 866441 | 4 |
0.026 | 2095955 | 3 |
0.027 | 1100000 | 2 |
0.028 | 1353439 | 5 |
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