only speculating but 88 means big buyers and the bid has propped up and their paying above bid suggesting they want shares ? will keep an eye over next few trading sessions for some big trades , atb
Sorry what do you mean 488? Cheers
11.89p offered on the bid , 488 on monday, do we have some buyers ?
Value will return at some point to AIM oilies that have good cash generation, no debt, good prospects, and no reason to go to market to tap for funds. We've all seen companies where you know at one point people had the chance to buy at 10p when later (maybe years later) they are trading in the pounds. This is one of those in my opinion. Putting my money where my mouth is I've bought a few more this morning, and will happily tuck them away for a year or two, happy(ish) that they may well drop further over the summer, but hey that's the chance you take. good fundamentals here and plenty of upside over the future. We only need a bit of luck at some point on one of our prospects (or less luck more skill on one of our many appraisals) Good luck all. Keep the faith. (and patience)..... :)
also i haven't seen any mention of what reserves they estimate?
Of course, this is the transparent world of aim don't forget!
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