Its looking more likely that they were buys on friday with one of them re-ordered on a discount....not the biggest buys but im sure £390K 's worth were not all in free float thus they had to fill somehow thus contributed to the decline and unusal spreads we were seeing ....and quite a few AA trades were reported to probably help fill these orders..
Also on another point...Serica has had a few chunky buys (over the norm) over the past few days.......maybe Morocco drill is doing well......just a thought...GLA
I think we can agree the trading pattern over the last 2 days has been a bit more unusual than the norm....with no confirmed valid reason...just speculation. I'm also slightly confused as we lost a fair percentage on hearsay.....more than most in this sector. I can only think back to Friday's events when 2 large trades were made over the current bid/ask which dropped like a stone this morning during a small volume of trading .......thus is it possible that no free float shares were avaliable..and if they were buys ... mm's are still trying to backfill those orders as a lot of bids have been taken at a much lower price today. If they were sells on Friday, surey the MM's would push up the ask to cover their position? Im no expert but this unusual SP movement started approx midday on friday around the time of those trades......but time might tell what the real reason is? PS...don't shoot me down if im well off track...im just offering another angle to this...and as it is AIM no normal rules or logic appear to apply. GLA
Sid,the article is behind a paywall but I can confirm that it was a rehash of things we already know about OF and his pay, loans etc. However, I'm not convinced the article was responsible for the drop in sp. IMHO the reason is more to do with the oil price and the economics of extracting shale gas. I believe this will be a temporary problem and the oil price will recover before long.
I see you couldn't answer the question penrod.. you have been here how long 3/4 years and know nothing about your so called investment...maybe your mate honest could help you out(which I doubt)..both seem to know a lot about nothing sle but ready to dig up any bit of anything to rubbish it...agendas agendas..same hyme sheets and all that..from the two banned boys...........why don't you both tell us why you were both banned from iii....seeing that you both like wanting to dig up the dirt on others.....
Searcher I am confused, I looked up kendod and he's a comedian?
Sloppyjoe, I am confused, I looked up titter ye not and it was nothing to do with kendod?
Searcher, you must have a link, you have a link for everything ever written about San Leon, Polish Shale and everything else to do with your investment here. You are the most prolific link poster I have ever seen.
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