Alexander David Investments Share Chat (ADI)

ADI Bid: 0.28p Offer: 0.32p Change: 0.065

Volume needed though Happydaz.

traideMark - 15 Feb'12 - 11:28 - 1734 of 1736

ok, im about to go on about the chart again and current indicators, so ignore me if you like.

this is wave 5 of 5 , or may be, if it is it will peak at .43p - .50p approx, all indicators are positive so it simply needs the volume.

of course anything can happen from here so watch this space.

traideMark - 15 Feb'12 - 11:31 - 1735 of 1736

wave 5 is always the stronger, the last intraday rise was 44% and 12% the next am, 66% total.

if this is wave 5 and doesnt fail it will be stronger than the previous 66% rise

that would be good would it not.

100% intraday rise anyone

That was fast gone yipee.

Wave now started just need to break 0.30 then away she goes.gla

Again his point of view from ADVFN.

traideMark - 1 Feb'12 - 17:53 - 1614 of 1616

I took a punt today at support, in my view the stock will follow its previous pattern into wave 5 and test .5p

The last 4 waves have produced a short period of consolodation after a correction and then spiked again, there is more than a chance of another test of .24p of course but in my view as wave 5 is the strongest then the spike will be faster and greater than the last two day 66% spike in price.

all down to buys and sells and news of course but i like the odd chart punt, they dont always come off but interesting to try and predict all the same.

More fun

We go bbbbbbooooooooooooooommmmmmmmmmm.lol

jange.

If you have not already done so, you may wish to check out the BOD and especially Roberto Avendo and his CV(check them all, I have and interesting)

http://www.evergreenoil.co.uk/board/

devon12 - 15 Feb'12 - 07:14 - 1725 of 1725

Evergreen Oil plc
Funding Facility and Trading Update

15 February 2012

Evergreen Oil Plc ("Evergreen" or the "Company")

£225,000 Funding Facility

and

Change of Registered Office

Further to the announcement on 23 December 2011 concerning the funding
facility, Evergreen Oil Plc, the producer of biodiesel from waste cooking oil,
announces that the Company has received £225,000 in the form of convertible
loans.

Funding Facilities

The Company has received £200,000 through a convertible loan facility provided
by a member of CEO Roberto Avondo's family. Under the facility, the funds will
be used solely for the purchase of feedstock and related expenses. The loan is
repayable on or before 31 December 2012 and carries an interest rate of 15% per
annum. The loan is convertible at the lender's option into ordinary shares of
1p each in the Company ("Ordinary Shares") at a conversion price of £0.0788.
The Company has received a further £25,000 through a convertible loan facility
provided by the Company's Chairman, David Cowham. The loan is repayable on or
before 31 December 2012 and carries an interest rate of 15% per annum. This
loan is also convertible into Ordinary Shares at a price of £0.0788.

Both loans are secured by a fixed and floating charge on the property and
assets of Evergreen Oil (High Laver) Limited, the Company's wholly-owned
subsidiary.

As the convertible loans constitute a related party transaction, the Board
(excluding Roberto Avondo and David Cowham), having consulted with the
Company's financial adviser, consider the terms of the loan are fair and
reasonable insofar as shareholders are concerned.

Change of Registered Office

The Company's registered office address has been changed to 16 Union Road,
Cambridge CB2 1HE.

For further information please contact:-

Evergreen Oil plc

Roberto Avondo, CEO Tel: +44 (0) 7894 567341

Email:roberto.avondo@evergreenoil.co.uk

Web: www.evergreenoil.co.uk

Alexander David Securities Ltd

Fiona Kinghorn Tel: (0) 207 448 9829

Email: fiona.kinghorn@ad-securities.com

Tel: (0) 207 448 9800

Good research as ever,GGG look's interesting..

Buying pressure(one of ADI's investments) ready for its run,inmho.

Have bought some shares this am in GGG.

DYOR