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Agree with its not 100% accurate, but how someone predicts the share price when youve been in it for over a year differs from how someone predicts it short term going in out of the share and more often than not making a profit . Some people for what ever reason have been here longer, waiting for the raffle ticket to come up, while others have been in out and on the side and have made more money, why ? Well shares are driven by sentiment and some on here are clearly emotionally attached which stands out by the way the can get quite abusive and claim to be LTHs and in the money, they are quite clearly not, otherwise they would have sold . They live on fear of taking a lose and re entering at a different level. Lef gives an unemotionally acount through charts which analyse human behaviour which can be predicable.
Lef. Becoming quite a chartist, I am. Have looked online, offline, inline, etc, and I can safely predict that tomorrow's candle will either go up or down. And the day after, it will go either up or down, or down or up, whichever way you want to look at it. Charts are historical. All very well pointing out trends that have already happened. But predicting where the line will go tomorrow is guesswork. All this talk of golden crosses etc, basically all "this is what happened in the past". You say yourself that when the candle dips below the T-line or above the T-line it could be a false hope. Might be a false signal. In other words, you have no idea! Tea leaves are as accurate as charts IMO.
But Lef the chats say strong buy Now then Lef.......................Please explain, why a number of long term "investors" claim that your charts are garbish, and the charts are indicating a BUY. Can we take it that this "BUY" IS A FALSE CALL ?
KAT Better still chil out with yourr earl grey and Elvis going back to his roots and at his best, most handsomme, such charisma and his smile at the lyrics. only 4 yearrs befoore he died steamroller blues
3m (singe entry)traded on ASX and 5m (or 10m double entry) on LSE. Looks like most holders content to wait for news and a boost. Hope to see close to 3p by spud and more near bottom hole, but so many variables plus indeterminate levels of sentiment in this pie.
Everyone should have a strategy but be flexible to news. Nothin changes here and all on track so no real reason to sell unless yuo desperatley need money? Cash has been raised, fully funded drill++, spud coming soon. Wont get much cheaper than this IMO.
15:46 just averaged out at 50/50 because that is what it will be over the longer term, even if all were sell 9M is hardly a runaway. I do not know enough about market makers to be able to judge whether they would be building up stocks of a penny share in anticipation of big demand tomorrow or the day, the rumour is of course they know about news before us and can prepare & profit, but... Its a grey area for me, for others here more black & white.
Per Permit 29 miles west of the FB gravel pad (Dalton Highway) and TAPS ,would be a few miles further to pump station 2 not sure if we direct connect to the Pipeline or more likely the PP2. Of course could be that OSH development on the Nanushk may mean other pipelines become available in future. PMO have all this sussed out based on their 2019 half year report.
Brom, I agree, not huge numbers. 'Twas just that looking at all the prices of trades, it seemed to me that there were a lot more sells than buys. And you say 9m traded, so 4.5m sold - that would be right for ASX and its "matched" trades, but not necessarily AIM. MMs might be loading up for their own nefarious reasons. If 2m were buys, and 7m sells, MMs have 5m in hand, no? Or am I completely up the creek?
I have no idea why someone would want to sell at the moment. Someone asked how far the appraisal well was from the pipeline on another board? I estimated it was 50 clicks. And yes sorry on this oiler leases.
Too busy trying to figure out why the cant cash in legal tender and why oh why at under 10p per note Carnige wasn't able to make 1 and 2 pound polymer notes. Takes a banker not have an idea how to "make money" and the Scots not having to have holes in the jeans from all the coins to have more control how they want to spend it!
For what it's worth, my opinion is that lat DEC we had 2 days climb of 15% approx. The ASX didn't They had 1 days climb and halted. The LSE has flat-lined pretty much since. The ASX and LSE are not always an exact quote swap. There closely linked but don't follow each other exactly. News is often first on the ASX because of time zones and releases. There was no drop to 1.1pps as had been expected this week by some.
If you look back to IW2 drill the SP flat-lined there. My hope was we would have some better build up before thwe drill. Likewise I think the flowrate target is set quite low to allow for a better chance of success and continued operation (no repeat of WINX) and PMO went with it happy in the knowledge that the drill will probably be profitable bin the long term when they have finally pumped in 100 mullion or so. Having been involved in other firms that have had cash flow delays and had to relinquish licenses, my view is the CR was to MAKE CERTAIN the cash was there to renew licensees. No licenses, No Prospects. The Rate the SP will move looks likely to be later and sharper IMHO