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Lgo Energy Share Chat (LGO)



Share Price: 4.05Bid: 4.00Ask: 4.10Change: 0.025 (+0.62%)Riser - Lgo Energy
Spread: 0.10Spread as %: 2.50%Open: 4.00High: 4.30Low: 3.925Yesterday’s Close: 4.025


Share Discussion for Lgo Energy (LGO)


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onceatrader
Posts: 2,846
Premium Chat Member
Answer
Opinion:No Opinion
Price:4.20
View Thread (3)
RE: Pick up
Sat 14:06
maxpower100

Just got back in.

I would not look at Fridays movement as a indicator for anything. The sp was tightly controlled all day, and any uplift was pressured down by block split selling. Without this, we would probably have finished at a much higher price. To me the current Sp is artificially controlled, and we should not read to much into it.

In a way I am glad that we have only risen a few percent, this then bodes well for any good news on GY-667 on Monday (hopefully). One thing is for sure, we are not priced in for a RNS Monday.

Production will bring stability and support, the trigger for this is GY-667, Trinity Innis and Pad 3 production.

OPEC meeting may also filter into the Sp, we are currently taking a no cut and drop in WTI price today, any change of that will have a positive effect on all the oil sector. I personally believe a small production cut of 500k to a million barrels will be announced, and a more stable $85 - $90 WTI will be the result. But that's more a guess or hope I suppose.

We have seen this share price pressure before, it was around the last placing price of 3.5, where we went to a 3.05 sp for a few weeks, before production came to the fore, and the uptrend proceeded to take us to the 52 week high. We should look at that as a guide to the current price.

Best regards

John
 
Martinesman
Posts: 697
Off Topic
Opinion:Strong Buy
Price:4.20
re: breac
Sat 13:27
Thanks for the reply. I agree, Knife also recommended. A lot of good posts, I didn't mention individually. esxesox, I understand your position, I'm also in the same boat with my wife, who is far too intelligent for me to be able to pull the wool over her eyes. Here's to a week which will be the start of memorable things to come. GLA
esoxesox
Posts: 689
Off Topic
Opinion:Buy
Price:4.20
Martinesman
Sat 12:25
Nerves of steel required as i have recommended lgo to relatives who have bought in above todays prices, as have some of my numerous top ups. At least i am sitting on a five bagger from two years ago.

Esox
maxpower100
Posts: 546
Off Topic
Opinion:Strong Buy
Price:4.20
Typo
Sat 12:23
Sorry afoot,so you can spot when something is incorrect,
Regards Max
breac
Posts: 1,039
Off Topic
Opinion:No Opinion
Price:4.20
RE Great Posts.
Sat 12:11
I agree Martinsman. Your posts together with onceatrader make excellent week-end reading. I would also include the post at 0924 by Knife whose analysis of potential SP rises made a lot of sense. Well done all of you.
Posts recommended

Regards breac
speculater
Posts: 135
Off Topic
Opinion:No Opinion
Price:4.20
View Thread (3)
RE: Conference Wednesday
Sat 12:09
Philipy 100% correct. Knife, ummm not so much! lol Enjoy the weekend.
Knife
Posts: 710
Off Topic
Opinion:No Opinion
Price:4.20
Afoot
Sat 12:05
Yeh, about 219ft, and will extracting very shortly.
philipy
Posts: 69
Off Topic
Opinion:No Opinion
Price:4.20
View Thread (2)
RE: re conclusion
Sat 12:03
A foot is that thing that stops the end of your leg from fraying! :)

Sorry, I'll now leave the board!
Knife
Posts: 710
Off Topic
Opinion:Strong Buy
Price:4.20
Breac-conclusion
Sat 12:01
Something afoot, permissions, whilst sought full steam ahead. Now let's all stop dwelling on spilt milk, and engage on the way forward, lots of things in a short period.
breac
Posts: 1,039
Off Topic
Opinion:No Opinion
Price:4.20
View Thread (2)
re conclusion
Sat 11:56
"There are some very good intelligent posters on the board but some can't see that something is afoot"

Okay Mr. Holmes perhaps you would tell us what you think 'is afoot'

Regards breac



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