very telling blvn buying almost 400000 shares a day and sp flat. so many PI's must have had enough but as the final play on etinde and bomono is within 12 months worth holding on unless its all the bod's relations selling up? still strange no rumors on funding for drilling or anything else.
share action again today which tells us nothing going forwards . could we finally be breaking upwards or does the cycle repeat yet again?. something surely is going on somewhere , because of the size of trades happening on a near daily basis , but i really don`t know what it is tbh.
There was talk of Tony Hayward ex bp merging with n/a a year ago Shame nothing happened Very difficult to get any news from them n/a as private company. If they do go to the market and list would expect them to buy blvn first And at a decent price would help their plan to list and develop etinde even without lukoil and other parties!!!!
Presume if any bod sell into the buyback they will have to issue an rns? Very strange would have expected some rumours about if lukoil is approving or not the drilling for next year With drax and ig sp move today you can see if blvn get good news on drilling plans the sp could rocket!! If further delay could pull back 20%. We could all do with some good news!!!!
I'm kind of tempted to get into blvn, but then I read the latest Edison report they've helpfully got on their website, and its a bit offputting. Maybe next year. If they could get their sh*t together,this could multibag.
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