Hope everybody is having a good BHW with the great weather. I note the usual question about 'where do we see this go with news' , 'where could we be pre-news'..... As always both newbies and longer term holders or even non holders would ask these questions. Looking back at the buys over the last year and a half...we all know that UHURU & CASOP are the biggest investors here along with other bigger investors such as Barclayshare, TD Waterhouse amongst others and ofcourse IG and PR. looking at their holdings, UHURU hold 481,000,000 shares equalling 15.49% and CASOP hold 243,089,694 equalling 7.83% (as far as I know). Others like Barclayshare & TD Waterhouse hold around 4.9%. When UHURU & CASOP started buying here around January 2012 they were buying at around 0.4 - 0.6 all of what I have mentioned above of their holdings at that stage. Now that caused a dramatic rise in sp to 0.75 - 0.80 but there wasn't a major sell off. Assumingly they still hold (which they do) they would probably have averaged down since then. Lots of AT's seen over the course of time. They do hold a large volume and therefore averaging down would require a substantial volume to average down even by 50% which I doubt we have seen that many AT's (maybe). So assuming they managed to average down to 0.3'ish then they would be keen to make some profit from investing that amount of money. I would think that given all the collective info I have read up on in addition to the above that we may see this rise to possibly 0.25 - 0.30 pre-news which is still due within 5 weeks. What the outcome of the news is ....I don't know....(otherwise considered insider trading is it?). Well how I see it is that pre-news...possibly 0.25 - 0.30 and if RTO plus added benefit of disputed section being sorted in our favour we could be seeing 0.60 (being conservative) but could go to 1p easy if deal is extremely good. All my opinion only. GL ...keen to see other views and as always...more researched views are well appreciated. Logic also accepted!
With frr, it does come down to an update being released and the announcement of the sale of gas starting.
Yesterday they did announce that there is to be an agm where they will give an over view of the work that has been going on for 2012 & 2013, so for them to put out any sensitive info they would have to release an updae as mentioned, sometime before the agm that is due on the 6th June. It also stated that in yesterdays rns that there will be no resolutions put forward at the agm and normally agm's always are just for passing resolutions.
On where the sp will go, nobody can say where it will go for sure. I feel and a few others including thompson who posts on here that the news will be good enough for a big rise though.
I want to ask u something.... You mentioned that frr iBooks very likely to rise in the next few weeks and you said it'll be huge... They rose slightly this week.. But do u think that's it?... Cos it's roughly 1p at the moment..... Meanwhile I've been happy to see ldp rise this week.
Looking for more of the same here next week. As I mentioned I'm in a group of 10 investors and we laid £10000 in here a week ago and are now sitting on paper profit of close to £6000 which would normally be enough for us to move on to pastures new, but the consensus amongst us is that there is a lot more left in the tank here so the money is staying put. A lot is riding on something big coming in June and as the board have not exactly been plentiful with news of any kind from what I have seen here they will surely come up trumps this time. As they say its the quiet ones you should watch out for.
As i have said many times on here glad I'm in especially at 0.12p. Been waiting patiently a long time and in the process had to listen to a lot of rubbish from the derampers. By the way where are they now? Reckon we could see 0.8p - 1p by Xmas. But who knows for sure ? What i do know is that this is a 'beauty' and going to make us a lot of money. Caution, don't be too greedy. I will take some profit at the right time. nite ldpers and enjoy w/end and the good times to come.
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