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Clontarf Share Chat (CLON)



Share Price: 1.00Bid: 0.90Ask: 1.10Change: -0.125 (-11.11%)Faller - Clontarf
Spread: 0.20Spread as %: 22.22%Open: 1.125High: 1.125Low: 1.00Yesterday’s Close: 1.125


Share Discussion for Clontarf (CLON)


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Treacle29
Posts: 5,467
Observation
Opinion:No Opinion
Price:1.80
Top Riser
13 Aug '13
Highest riser on the leader board, may attract more interest.
 
Treacle29
Posts: 5,467
Off Topic
Opinion:No Opinion
Price:1.78
terrydactol
13 Aug '13
Yes, all the resistance is concentrated to normal levels of 3-5p, see the charts on moneyam. Last year there was a spike from 2p to 5p and no resistance because the price has never settled between 2-3p, its always been more fairly valued at 4-5p.
terrydactol
Posts: 1,501
Off Topic
Opinion:No Opinion
Price:1.78
treacle
13 Aug '13
we cant just move from two to three , surely ?
Treacle29
Posts: 5,467
Answer
Opinion:No Opinion
Price:1.78
terrydactol
13 Aug '13
3 pence on the chart hence I've been saying 3 pence earlier.
terrydactol
Posts: 1,501
Off Topic
Opinion:No Opinion
Price:1.78
cheers treacle
13 Aug '13
what does the resistence look like once we break through 2p , wheres the next level ?
Treacle29
Posts: 5,467
Observation
Opinion:No Opinion
Price:1.78
Up 31%
13 Aug '13
1.65 - 1.95p 2 v 1. 2 of the 4 MMs already on 2.15p offer.
terrydactol
Posts: 1,501
Off Topic
Opinion:No Opinion
Price:1.78
treacle
13 Aug '13
they have always said they would look for a jv partner to get the field going . only clon would sell part of its 60 % stake to this end . pet and the gnpc would keep their 30% and 10 % stake intact . that could change of course , but who would nt want a part of the hottest oil real estate on the planet . I am certain we could find a partner tomorrow on attractive terms and carried through to 1 st production .
Treacle29
Posts: 5,467
Off Topic
Opinion:No Opinion
Price:1.78
Level 2
13 Aug '13
2 v 1 now, and paying still 0.10 premium to sellers at 1.75p, bodes well for next leg up. And rather 0.10 premium to buy.
terrydactol
Posts: 1,501
Off Topic
Opinion:No Opinion
Price:1.78
adds
13 Aug '13
your spot on , there is no way on earth that the management will un-necessarily dilute themselves our current holders until absolutely necessary . they could have raised money just to pay off their debts , but even the debt holders have agreed to wait until we know one way or another . we are quite safe in my opinion until after the announcement
Treacle29
Posts: 5,467
Off Topic
Opinion:No Opinion
Price:1.78
adds78
13 Aug '13
I believe JT said at the AGM a while back that fundraising would not be at these low levels. IMO Ghana news and sizzling spike then maybe placing at around 6p like last time and maybe even JV.



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