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CHAR Share Chat - RSS Feed

Chariot Oil Share Chat (CHAR)



Share Price: 12.25Bid: 12.25Ask: 12.75Change: 0.50 (+4.26%)Riser - Chariot Oil
Spread: 0.50Spread as %: 4.08%Open: 12.00High: 12.25Low: 12.00Yesterday’s Close: 11.75


Share Discussion for Chariot Oil (CHAR)


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Pegasusmarine
Posts: 571
Off Topic
Opinion:Strong Buy
Price:12.25
Snott
Today 12:54
It just means that 'sellers' are hitting the bid (or being pipped inside the bid ask) as the bid rises . So the buyer is happy because he price he paid was the price he put on the bid. What is interesting is that the bid is slowly rising which is a good sign .. It will be good to go through 13 -14 next week
 
Snott
Posts: 106
Observation
Opinion:No Opinion
Price:12.00
SP rise
Today 10:49
I just checked the recent trades and was surprised to find that, despite there being only sells since yesterday morning, the SP has increased 3.9%. I'm not complaining, but that seems unusual.
Snott
Posts: 106
Observation
Opinion:No Opinion
Price:12.00
Northern Blocks
Today 10:44
On the morning after, it seems the market's reaction to Char not renewing its licence is nil. The market appears willing only to value Char at cash and ascribe no value to any potential farm out or, heaven forbid, oil or gas find. This makes it an excellent investment for newbies because, given Char's 'nil cost' exploration strategy and capex discipline, there is little potential downside, but low-cost exposure to the massive potential of oil and gas discovery.

This is not a new sentiment to regulars here, but worth restating for potential investors scanning the board. Many here (including me) are nursing large paper losses but continue to hold because of their belief that Char will come good in the medium to long term. Many long-termers continue to add because the low price is such a gift horse.

We are expecting news shortly, possibly about Cairn drilling our shared Mauritania block, Woodside increasing their share and drilling our Morocco block or a mystery joint new venture. If any of these are announced, the SP is likely to rise significantly.

As always, do your own research and good luck all.
poll
Posts: 647
Observation
Opinion:No Opinion
Price:11.50
Snott
Thu 14:01
Ha, nice one
Snott
Posts: 106
Off Topic
Opinion:No Opinion
Price:11.50
Poll
Thu 13:58
Sorry, couldn't resist!
Snott
Posts: 106
Answer
Opinion:No Opinion
Price:11.50
View Thread (2)
RE: Malcys take on things
Thu 13:58
"Game three takes place in San Francisco on Friday."
poll
Posts: 647
Observation
Opinion:No Opinion
Price:11.50
View Thread (2)
Malcys take on things
Thu 13:54
http://www.malcysblog.com

His last sentence!!!
Snott
Posts: 106
Answer
Opinion:No Opinion
Price:11.50
But nothing happens
Thu 12:26
Is anyone else reminded of Wilfred Owen's poem 'Exposure?'

http://europeanhistory.about.com/library/weekly/blowenexposure.htm
DrillaHill
Posts: 29
Off Topic
Opinion:No Opinion
Price:11.50
View Thread (2)
RE: Morocco
Thu 11:22
Surely Chariot's 460bcf gas lead in Morocco Loukos license is getting more and more attention these days..
DrillaHill
Posts: 29
Off Topic
Opinion:No Opinion
Price:11.50
View Thread (2)
RE: Drilla
Thu 11:17
LOL



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