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In this case Wonga can't be far off done. Then news to follow should propel this to the next level
If all falls into place then the mega rewards will follow.
Thus will become a Blue Sky Company
Stock constantly trying to go better until there is a load dumped, so I think once the overhang has be absorbed we should move back over the 0.08p level at least. But of course no idea how many there is still to go.
Agree Bob, I don’t want to blow my own trumpet but I brought COPL at similar levels to BOIL and am waiting for the next leg up.
BOIL will be similar.
You forgot to say If you don’t have patience in this share you can lose a lot.... Lol
This morning was almost 40% up and I won’t be surprised by the end of the day if this goes down -20 %
Best thing is don’t look at it for awhile
What a lovely day folks!
Do we think this rise will hold or retrace?
Not really fussed as in it for the long term but would ne helpful to hold.
Where else can you find an asset si huge being available for almost nothing?
as we have said before , the greatest investor of all time my old mate Ned Buffett when
asked what are the 3 key ingredients to successful investing, he replied
Patience , Patience and Oh yes Patience
right lunch / sun l8r
Thanks for all your efforts HFB, enjoy the sunshine.
simple formula for success on anything with a HUGE asset pending
Achievable Market Capital - divided by - Current shares in issue = SP
Market Cap drives a share not sp, short term vision for traders not investors
in for the journey not the spike
right enjoy the fun
off out for some sun
:))
Also HFB, with the SP so low, it’s quite possibly to churn a lot of shares quickly as investors like us don’t normally look at the number of shares we are going to buy but how much money we have to invest.
Not a big day thus far but nearly 500 million churned.
KEEP tellin ya m8
with the profits your are going to see off these two , never mind the screens
you can buy some minions to operate from your swing wing chair at the centre
of the bridge on the Shaa'ship enterprise in your new gaff lol
:))
posted earlier m8
churn since announcement should be around 16 Billion tomorrow a month minus
some bank holiday days, so flying through them
Now all depends if they are a semi holder, sold off carrying a remaining free ride
awaiting the news if so should be done , if an all the way to the exit perhaps not
If we hold this rise and perhaps some more tomorrow would be confident they
are also waiting like us for much higher rewards from their now freebies GLA
“ Shaa fingers all blistered and torn”.
Imagine if BOIL and COPL are going at it hammer and tongue HFB in a few weeks - I may need another screen!
Shell cos 100% as derived from a successful discovery well being drilled and
the geology of the area, with other huge oil and gas discoveries to the North
North East and South West around us in the Timor Gap seaway
The area a prolific new frontier play , until the politics ground all to a halt
others now moving again Boil will be joining that party soon
Hubble Bubble Gas no trouble
Boil may even have Oil
Seismic in place
don't wait for the race
one day Baron breaks out
up goes the shout
the seller is out
a one pee party
will be a nice starty
Just wait til the drill
if Shell what a thrill
10p buy the bill
Shaa fingers all blistered and torn
by god eared his corn
you should see his ........
:))
Anyone know and by that, it's probably going to lord hopingforbags, if we have any overhang left to get rid of before month end?
Bid creeping up and Ask, could be having another go.
Bit of pulled back hopefully strong close
What are the chances of success at Chudich? It's worth noting that Shell previously reported the geological chance of success ("GCOS") for the Chuditch Discovery to be 100%
and in this case you can look at GGP and EUA etc spotted them 6-7 years before the
action started and the kennel dogs turned into Cruffs winners, the assets did not
change had them all the time, just the circumstances
Boil in the same category, a huge asset that belonged to a sector Major, circumstances
about to change THAT's the comparison - Another player got involved
shoot the old guy lol
correction close
1630-1640 or 1635-1645
:))
Expecting a few of them market generated principally invented years ago
to assist in an orderly market but not just auctions, here's a dodgy line from
the wording for other uses back then
To prevent an unwarranted market reaction , positive or negative etc
Many thought this covered things like cross MM transfers etc that large amounts
could spook the market depending on which way the BEST GUESS labellers put
it base on the rough guide mid
Most I have seen on a share in a day 8, have a feeling Boil one day might equal or
even break it lol
5 minute slots so max of 12
0700 & 0705 (very rarely used)
0900 & 0905
1100 & 1105
1200 & 1205 *very rarely used)
1400 & 1405
close & close+5 (can be 1430-1440 or 1435-1445 depending on how busy at close)
Pre built and available to be called by a market player on any share if required
(notebook stuff lol)
Remember there are a lot more players in the market than just the dump seller
for perspective take the recent AMGO ex founder and ceo dumped his entire 50%
of the company at a rate (rna message) of 1% per session for 50 sessions and rare
as rocking horse ****, also TR1 Next day every day
His 1% of the company per day was a low percentage of the (cough) labelled sells and
and a fraction of the daily volume
We are motoring with a 150% share base increase from just over 4 billion to just over 10 billion
as said in my experience IMPRESSIVE in just a month
The switch in action this week , hence just before close I posted I AM CALLING IT
the real fun has JUST begun (check its true)
The seller still in play , NT but price being stubborn, quite often a sign there is now a
tug of war between a major buyer/s and the seller both wanting at the low and once
satisfied usually not long before a nice rise , if not the breakout
Massive churn , lots of HIGH IMPACT news to come, then brush off your biggest and
best B word , this one is going to be great for ALL , short , medium or long term holders
A MEGA multi bagger
They are easy to spot with a little research impressive awesome asset on the books
and rock bottom market cap, achievable market cap is always the key factor
At our diluted share base our Market Capital will still only be a lowly £104m at 1p
Versus an asset with many reservoirs that SHELL no less have already indicated
worth MANY BILLIONS
:))
RNS PME, could go either way.
Only 5 MM’s quoting on this shirlock, so this can go down or up very quickly.
If 88E can get to 5p with 13 billion shares and NO OIL, then anything is possible here.
Always take more than most poster think to clear a placing many cry overhang gone
way to early on most shares
The total since the 24th March announcement is now around 15 Billion shares churned
what we do not know is if these are a No1 or No2 wonga lender (investor lmhofao)
the 1 will clear the lot to the exit asap
the 2 will derisk 1/2 - 2/3 super low / free ride (always priority uno risk free)
This one is churning at quite a rate, if it keeps up it will not be long for either
scenario
Back in the day pre 2000 BW (Before wonga's) when the REAL II , Banks and Investment
houses/funds pulled back, many now having stringent investment criteria stable over
£50m MC etc
In days of yore , many a RNA message would state lines like , the investor (and they where)
has agreed to a lock in until (date/month) at which point they have also agreed in order to
assist in maintaining an orderly market not to dispose of at a rate higher than X % of daily
volume
Those figures where routinely 15-25%, the modern day wonga , some cant get rid of them
quick enough
but lets take that 25% of daily volume , tomorrow we should be in the 16 Billion churned range
at 25% we would be 4 billion through the 6 billion share placing
so if a semi sticky holding some back , we must be very close, if the other we may have
as said by an earlier poster a bit more rinse repeat to suffer first
Its still quite impressive that with bank holidays etc in what would be a month tomorrow
since the announcement to have churned so high , tick tock , tick tock , tick tock kaboom
:))