Good RNS from Frontera Resources FRR this morning showing that they have drilled a well and found some oil and are commencing drilling their next well soon. It is a dire day on the markets today but FRR is holding reasonably well. VOG is hovering around the 4p mark and TSTR seems to be doing all right.
As soon as I sell my next lot of shares I am going to buy more GNC and think about re-investing in GKN. GKN was the first share I bought and has been up to 240p but as the FTSE has dropped it is now down to 174p. If there is another global recession it will drop further but if there are any signs of a recovery, particularly in the motor industry, then GKN will be back over 200p again.
As soon as I sell my next lot of shares I am going to buy more GNC and think about re-investing in GKN. GKN was the first share I bought and has been up to 240p but as the FTSE has dropped it is now down to 174p. If there is another global recession it will drop further but if there are any signs of a recovery, particularly in the motor industry, then GKN will be back over 200p again.
