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Thanks Patty. Nowt like a good larf to start the day. STOP insulting our intelligence with widely inaccurate assumptions. NOBODY is falling for it. Now be a good boy and ask your bosses if I can have a job. I want to apply for the position of King Of Random S***E generation. See what some real competition does for your output.
Patrick if that’s the best you can do I’m buying more.
AnywayOne last top up here Monday, the growth here will be very good over the next few months imo gla
What a pile of tosh Patricpillia !
How about giving an insite into how you have formed these, constant identical, post that you keep repeating .
Are you a paid deramper or unable to write anything other that garbage ....
Good day like today we have closed RED
Future petrol price will NOT make any difference.
Or any other good news will not make any difference
Paul is well informed why ?
He should resign if he does not know anything.
Some one should challenge at the AGM.
https://www.aljazeera.com/economy/2021/6/22/bb-big-oil-chiefs-say-crude-prices-could-climb-to-100-a-barrel
The drill bit and the price of oil will do the talking!
Price is down and out crawl the creatures from school of dribble ! I really find the timing rather too coincidental and find the deramping on the day of good news...... interesting !
It is very odd that no matter what good news comes out the share price falls on the day of the new . Must be 4/5 times in a row .
Be interesting to see what happens if the well is good . If it falls on a successful well RNS news day , then I will be lost for words ....... but will find something to say !
Time for you hibernate stop bluffing
AJ, how can "you know who" take over Bloe? They don't even own 15%, even if they managed to transfer all their shares into one name and got another 15% of the stock there's still the SLB nil cost options.
Genuinely interested.
MP
AJW ~ I agree !
Between that lot they probably have well in excess of 10% . Talk about bending the rules !
What I can`t understand is why they haven`t made a move . Perhaps they want Bloe to do all the heavy lifting , totally exhaust their recourses and expect to come back to the City for another cash raise , at which point they could up their stake and then pounce . In the mean time they may just be behind the silly share price , perhaps using A N Other to manage the daily dump and keep the price flat .
I would be surprised if the BoD`s and the Nomad did not know what`s going on , but in a sense it probably suits them to keep quiet for the moment . I`m hoping they have a master plan to `Blow` up the Jock`s skirts , but if the Jocks leave it too late , they might just BE too late and if drill results are really good , there may be many other interested parties .
I wish I didn`t have this nagging feeling of mistrust , because I would like to buy more but my cautiousness is saying to me `Don`t be too greedy , you have enough exposure ` !
As you have reminded me in the past Schlumberger have the keys to the safe , but for the moment I can`t help feeling that
that caution is the right stance .
~ And ~ there lies one of the issues : I expect a lot of people would like to buy , but they are also somewhat wary .
One day , probably on the day this shoots up 50% , we`ll find out the truth ! or maybe not !!
Regards .
We are due a quarterly update in the next couple of weeks plus the AGM. In the short term the quarterly update is far more important than the spud news today, as it will clearly signpost the latest flow rate position plus updates on workover/remediation. It’s the performance of existing wells that is most likely to influence the share price at present, and then the focus shifts to drill success/performance of the new well(s) as the year progresses. I wasn’t expecting much movement today as it’s been well signposted, it’s the next stages where we move in to the higher risk success/failure phase. Until then let’s hope the quarterly update provides the spark we need
I can`t help feeling that there is something murky about this Company , although I suppose BH will have done their research whatever might be going on doesn`t really affect them .
Perversely , I am interested in increasing my gambling stake , but , possibly like the City , i want to see some proof to at least reduce some of the potential risk .
At 17m , plus , say a premium of 17m , I`m just amazed that someone has jumped in with an opportunistic bid .
No blue today then...
Yep - it could have been a private holder committed to selling for whatever reason and they waited to sell on spud announcement day to hopefully get a better price, just did not work out for them - only thinking out loud!!
I think it was likely a private holder. It was only around 2.5m shares. I hold way more that.
MP
Some from here take the massage at AGM
If contractors are selling it suggests they are very poorly paid to need ( blocks of 200k, about 3000£) to sell now when waiting for drill results would certainly be three times that.
All both mysterious and irritating.
Not in a rush.
Gla
" only block energy has the possibility of going red on spud day "
Yes ~~~ Unbelievable !
As is the ridiculous market cap of 17M .despite a series of positive news release .
I can only think of two explanations:
* Looking at todays relatively few trades , a series of sells pegged the price . Are these sales by contractors paid in stock , or are they related to this `Concert party `who have some ulterior motive . I think the later is unlikely .
* The market has pathological distrust of this Company which is rooted in the PH `Fairy Tales` some eighteen months ago and will give zero credit , zero approbation until facts concerning potential, production and profitability are confirmed .
Very frustrating , let`s hope the drill bit triggers a change in sentiment .
They dumped nealy 2.5m shares, i think they have finished or paused but it killed the rise this morninh. They would have probably got a better price if they slowly dripped them into the market over the next 2 weeks.
MP
only block energy has the possibility of going red on spud day
Someone is offloading, at least 2m shares dumped and they still selling. Disappointed considering high oil prices and potential of this drill vs Block's low market cap. Volumes are low, so these sells are suppressing the share price. It seems as though the market has no faith in Block energy.
MP
bobbyrash , I am sure it will finish red , dissapointing considering the price of oil is over 70 a barrel
I wouldn't be at all surprised if we finished red.
It really is astonishing how we have good news and still drop in price. Oh well time to switch off again and refresh screen in 5 mins lol
beginning to believe the conspiracy theory with this one. Should be rising ffs
this gets anywhere near 3p , the 100k , 200k plus seller appears , its been happening for months