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ETF Securities experts James Butterfill and Townsend Lansing: did you know you can go long and short on ETF's?

Member Info for Simon_Said

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Member Since: Fri, 13th Jan 2017

Number of Share Chat Posts (all time): 1,745
Number of Share Chat Posts (last 30 days): 403

Last Posted: Sat 11:57

Post Distribution over the last 30 days

Sat 11:57

Lol what a daft conversation. Many shareholders here bought in around 7 to 8p, very few would be at thousands of percent gain on a 25p offer. No doubt plenty would sell but 95% is a daft number pulled from Jungerns' arse.

This is a typical boredom conversation. Give it a rest folks.
Fri 15:16

Crane could be there to remove the CT unit, which would mean nitrogen lift is complete and flow has been established. At that point the CT unit is demobbed and flow is controlled via the wellhead 'christmas tree'.
Fri 14:36

I know you're kidding, but the same kind of PI's playing with this share are the ones normally buying AIM shares, so I think functionally it's pretty well the same market dynamics. Not sure what difference in the trading system (is this SETS?).

I am all out of theories here, but I can definitely see a lack of discussion around this share on the BBs and social media, so I guess it's an extreme case of 'off the radar'. Accordingly, been filling my boots, this is now my largest holding.
Fri 11:20

I missed that this morning but just got another nice chunk at 20.1, great to be able to buy these levels again - if rather mystifying at the same time!
Thu 17:15

To the less experienced UKOG investors here asking why there is no news coming out of Broadford Bridge right now, flow testing is currently underway. As far as we can tell the wells is currently being cleaned out and activated by use of nitrogen lift. Google that if you're curious, otherwise simply understand that it is the very last stage that immediately precipitates oil flow.

Once the oil is flowing, an RNS can come at any time. There will be flow rate monitoring as the engineers experiment with different settings to achieve a good, stable flow rate. UKOG may choose to release flow rate data for each individual zone (of 8) as they are tested, or they may release a cumulative rate, and there is no way to know if this data will be revealed now or any other time during the 14 week Extended Well Test (EWT) period.

Sit tight and don't worry too much. All indications so far have been 11 out of 10 for positivity, with oil showings in core samples, initial analysis of electric logs looking resoundingly positive and the discovery of several additional oil bearing zones within the Kimmeridge. There could be an RNS tomorrow, some time next week, or in several weeks time - none of those possibilities indicates anything about the relative success of the project.

Remember you are investing in UKOG the company, not the Broadford Bridge well alone. There are many interesting projects on the books and a good read of UKOG's website is highly instructive for anybody who has invested their cash in here.
Thu 15:39

I agree that it was a sell. Now can we remember that 1 million buys and sells happen every day on this stock, and make no real difference to anything? Lol.
Thu 15:36

This is now my favourite thread since the one where RH gave me wet dreams of Skodas.
Thu 15:25

Simon Thompson in the comment section under his article:

'Bango's mobile payments platform helps to drive traffic to Amazon, so it's a win win situation for all parties. Moreover, if it all works out, then the easiest way for Amazon to create its own mobile payment platform is to buy Bango, small chain for a billion dollar giant.



NOTE: 'Chain' seems to be a typo for 'change'.
Thu 15:13

It gets weirder. The square root of 132 is 11.489, which if you round up to 11.5 is also the number of days since Wednesday 6th September, and if we take the .5 to mean median then the median/midprice for that day was 45.25p. 45.25 plus 11.489 is 56.739, which was the midprice on the 24th of May this year. The 24th of May was 28 days ago, indicating that 28 days are left to run on the sequence. If we take 132 to mean 13.2, and add it to the 56.739 from May, we get 69.939p, which if you then add 10 and round up gets you 80p, which is what the price will be that day when the sequence completes.

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