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That 650k looks like a buy at 10:45am. Someone in the know.
Surely any twit can send a tweet !
Sp looks like it’s perked up aswell rob
Announcement on farm out partner next week !!
Looking for it again....
I just put a limit buy of 0.0295 on my free-trade account for my monthly £50.00 top up.
I'll let you know in the morning what I get it for
Order book is stagnant, sellers want more than 3p and buyers less than 2.7p (on the book),but the real story is off book at the top with the bidder willing to go higher at 2.75p ish. It will stay stagnant a little longer, then see some A trades come through to move this up to the next level and the game then continues in the same vein that it has through the 2's. Maybe tomorrow or Monday, won't be long.
What’s the order book looking like,gus?
Wish people would stop drip feeding this mm’s and make them starve.
I know, we have a 40-50 billion dollar asset, so a 1 billion £ market cap is easily reachable.
Gus, 50p is £350M mcap..not without question pre production..although probably going to need to be drilling as that is what excites the market. Success on the drills 100p
Rookie,, Mr Calgary has cornered the market with his 10% holding and is still hungry for more. When news drops there won't be any shares. The buying of any now is just going to push the price up. There's no sellers. Rise on farmout to 10p is what we are waiting for.
50p for me, will sell 25% to keep the missus happy. Other 25% will sell at £1+ and the 50% will be retained for dividend payments.
When they offer 7 i might just think about it. Been tied up for some time here so needs to be atleast there for me. I don't know what others think
I think so POC, not long now.
I think this is going to tick up again soon, MMs are not getting the sellers they want
This deal must be ready to announce...offshore farmouts in under explored basins are in at the moment. Oil companies investing in new basins in safer regions attracted by the low break even and huge profits from higher production. BOR's licences ticking all the boxes...This deal will be a biggie due to the prospects.
Buyer is happy to ease off the buying and wait for the Boredom to flush a few extra shares out. They still arnt getting much though. I think some buyers are holding off until new investment isa allowance resets in a couple of weeks. I know I’ll add I few more in when it does.
That's what I'm thinking.
I’d rather just hear from him when he’s slaps the market with an RNS headed “Farm out partner agreed for Darwin discovery” POC.
Any theories why we've not heard from the new CEO
When volume is so low MMs can basically do what they want with the price.
That £10k buy looks as if someone has heard something and wanted in first thing Monday.
£10k buy rolls through first thing and then the MMs try make the share price look weak with £800 of sells to drop it 12% lol. I know it’s all in the spread but MMs really are desperate here.
Exactly Rookie, the bid was dropped down to 2.75 (which was strange as I could have sold 500k at 2.82 earlier) despite no selling and the ask slightly dipped to 3.19. Because of zero activity today, the closing price was mid price at......... 2.97p exactly which was fabricated to close under the psychological mark of 3p to portray some kind of weakness, which of course is false.
Probably still big buyers and that’s why they are keeping the brakes on us.
We will soon know if that meeting in the US with the banks rumour was true or not.
Either way Cameron backing the falklands and sea lion pretty much a goer means it’s just a matter of time for BOR.
If there is a good profit to be made then surely there should be buyers at just over 3p .