'sageo' pid='25232' datel Wrote:
'trans' pid='25207' datel Wrote:
'johnwgrant' pid='25204' datel Wrote:
'ArtM72' pid='25200' datel Wrote:I see a number of people throwing in the towel. Figure out what IOC's share of 4.8Ts of gas is at the MINIMUM price of $1.5/mcf. There's your $250. Give away the rest of the company's assets for nothing? Are you crazy????? The sale of the company should not begin to be considered at less than $400/shr. Yeah, I'm a little tired too. And I don't have the pressure of time, thank heavens. But selling the company for less than $400/sh today is simply nonsense. That is, unless you have another Interoil waiting in the wings.So, the company is worth $250 right now - but trades sub $70 right now.
Cut it in half. Say the company is worth $125 today. Can anyone explain how we cannot hold $70/share ? Because I can't !!!! As my father-in-law would say: "it feels like I've been beaten like a rented mule !"
John, Thanks for a trip to reality.....This board needs it...
Trans- With all due -respect , I truly believe that what this mb needs to see is for the pps to stop going down every day and almost every week ! HAGD sir .
Well, evidently the short strategy is working on some of you once professed "die-hard IOC investors". The intention of the shorting strategy is to undermine the realistic current and future value of our stock. Significantly longer term traders who understand the value here are doing what they can to undermine your confidence and shake out a signficant amount of shares for their own purposes. Despite their infinite capital (Shell Oil)....are we going to let them have their way and get complete control of our holdings? Final exam week is likely to occur within the month of July....we know that. So let's get back on a positive note and remember that the value of the company is almost never reflected in the share price.....but it will start to be once the FID is released. This pain will not last forever but if you sell your stock and then we ultimately see the proper value reflected in the shares in the coming month......THAT PAIN will NEVER GO AWAY for those who lose faith now.
A great golf shot starts with visualization of the trajectory of the ball and the target point.....everything else is distraction and undermines the process. Remember the underlying value of the asset and what the world market is paying for it in the regions that we will ultimately supply.