as anyone got any strong views about the rights issue???

and your point is??? plenty of large illiquid large caps and if the management had some sense they would consolidate the shares bt a factor of 10 and then see how the stock performs.

it may be worth 100m but in monetary terms the turnover is dreadfull - even with the volume spike over the last few weeks.

Don't say the c word. Nothing has ever been so destructive to shareholder value.

EEN have been in Columbia for as long as I can remember and had to lose a man down a well to achieve a profit. The high insurance now will make that a no-no.

I sold half my holding this morning at 2.62 and if they go anywhere near 3p the rest will go.

But, seriously 100m and no sign of profit is asking for touble -Isn't it?

absolutely..trouble and only 750 barrels a day!

ps sorry about the c word...

well, i've been pumped and dumped before but at least this one offered me a fighting chance for a few days so my losses are not as bad today as they would have been without the profits from the first two days. I thought it had more to run with the volumes but wtfdik?
the market cap is ridiculous unless this well can pump out the 4000 barrels predicted four years ago.

There you go!

Check out sun !

You'll know and I'll know tomorrow!

is this all good news news for the company or not as i have only held this stock of 1 year????

more buys came in at end of day yesterday, do you think it was just profot taking going on after the rights issue or do you think that they won't make the 4000 barrel target and now everyone is offloading because of it ?

i think this company have lot of potentail

could we see the price regain momentum today after yersterdays fall

The company has a lot of potential and we will see the rise in the share price very soon!!! the time to buy is now!!!

Production should commence from the Campo Rico#1A oil well within the next few weeks..

The company posted a pretax profit of 263,000 usd yr ending Dec03 compared with pretax loss of 36.2m usd in 2002