Has anyone else got these shares, they’ve just jumped and wondered what people are thinking sell/buy/stick etc.
No idea what price you paid for it.
Why did you buy it?
A very quick read up:-
A small oil company in the US.
No wrong, a very small oil company in the US.
The spread according to Hargreaves Lansdowne is 4.2p to 4.5p as it’s only up 4% in the last month you won’t make anything by selling based on that 4%. (0.168p so less than the spread)
It is such a small company (£73 million) that anything could move the price.
It is profitable
Profit Before Tax: $21.23 0.85(2.34)(3.01(0.98)
So last financial year a decent profit.
“Zephyr Energy PLC is a United Kingdom-based technology-led oil and gas company. The Company is focused on the delivery of economic returns from responsibly developed oil and gas projects in the Rocky Mountain region of the United States. The Company’s flagship asset is an operated 45,000-acre lease holding located in the Paradox Basin, Utah. The Company owns working interests in a broad portfolio of non-operated producing wells across the Williston Basin in North Dakota and Montana. The Williston portfolio consists of working interests in approximately 200 modern horizontal wells which are expected to provide production of 1,550 - 1,750 barrels of oil equivalent per day. The Company is also engaged in evaluating transactions that provide the Company with near-term, low-risk horizontal development drilling exposure in the prolific DJ Basin. DJ Basin is a liquids-rich resource play.”
I think you need to do a fair bit more research before you make a decision.
Look interesting.
Hi, thanks for your reply. I only asked, because very late on Friday it went up on my account, but this morning it went back to normal, must of been an error with free trade. (See attatchment)
In answer to your original question
SELL
Oops you missed the chance assuming you could have, which I doubt!
I think I may have wet myself if I had seen a share I owned jump by that much.