2677 days ago
Boy did Amryt bore its loyal shareholders, including us, to tears for most of 2016. Owning this stock, formerly a failed oil explorer Fastnet, was like watching paint dry. Amid a totally understandable ennui the shares drifted back to lows of just under 14p which - as we had tipped the shares at 18.4p and bought ourselves at higher levels - was a bit of a pain. But then in November it roared into life and the shares are now 18.5p-20.5p and are my second buy tip of the year at up to 22p.
2909 days ago
Cathal Friel did the right thing in turning Fastnet (an oil company) into Amryt (AMYT) a pharmaceuticals play. We bought into the RTO placing. Here is Cathal explaining the story at UK Investor Show. Enjoy
3389 days ago
In response to emails and tweets following my macro comments on investing in oil stocks yesterday HERE, in this podcast I look at: Afren, Ithaca Energy, Hurricane Energy, Mosman Oil & Gas, Fastnet and Sefton Resources and at the idea that there is already blood on oilie street - there is not!
