The story is as clear as day.... We need cash, to get cash we need to do deals, getting deals sorted takes time... RBL will take 5/6months to sort... hence why people are leaving.... they will be back later, SOU isn't going under... just into a suspended animation for a bit... think of Han Solo at Jabba's Palace...
More buys than sells again and yet the sp goes down, the mms are using this share as a cash cow and not doing us any favours, they have been doing it for years now with this share. Alot of posters were predicting 15 - 20p on good news but as in the past this share does not like good news. Time for JP to clarify the situation as this is getting out of hand.ATB
It makes sense of course as a line of reasoning (anything does which is proved right in hindsight) but there have also been many occasions where a sucessful flow test, with larger than expected size of gas/oil/whatever present, would result in a share price rise! Many more occasions, I might venture to suggest- even in the strange world of AIM.
It is always easy to say 'It was obvious, ya know' on hindsight. But I'm sure you have had many occasions where experieince and common sense told you to do one thing, and that it turned out to be the wrong call for whatever reason. Everything is unpredictable to a degree, especially in AIM. And sometimes nobody can predict, sometimes most can, sometimes its 50/50, and sometimes only a few who are either clever, lucky, or probably both, succeed. In my opinion, this fits into the last category.
Well done on your call, and I hope the SP has fallen back enough to tempt you back in....
Bluke, it was obvious from all the people posting every day "where's the news, where's the news" that there was alot of hot money waiting to get out on any news. It may well have gone higher on Wednesday, but that hot money was always going to exit.
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