Codes? 200 & 700 short of shares? News anytime now.
Price and moving averages has closed above its Short term moving average. Short term moving average is currently above mid-term; AND above long term moving averages. From the relationship between price and moving averages; we can see that: This stock is BULLISH in short-term; and BULLISH in mid-long term. Not a chartist myself so any comments welcome!
only 13%! Making a bid for licence = no suspension from aim. Confirmation of receipt of funds due anytime and then update on investment strategy and this is gonna re rate quick.
1.99 paid for 300k shares! L2 1 v 2 1.50 v 1.75
Morning all, I am sure the buying is down to a combination of the likely imminent receipt of monies relating to the asset sale and WBN actively pursuing an acquisition. As the latter closing date for bids is 14 June, that will be sufficient for the BOD to prove to AIM that they are actively involved in an acquisition. Note the comment in post 10486 "59 potential bidders who have good technical competences, financial capabilities & well experience in petroleum exploration...." Our BOD are not looking to return cash to shareholders from the asset sale. So let the re rating begin.........
As though the company is bidding for onshore exploration blocks in Myanmar!
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