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I have been here since 2010.
Not seen any volume like that for some time.
this is been held at 10p to allow someone to build a stake. we should know soon.
this time I feel management will be part of this buy out so that a 30p offer is accepted. this is not the perfect outcome for those looking for 100p over time but 30-40p would probably work for most of us.
Yo Ian! I am in a privileged comfortable financial position and retired well before even early retirement age and for this I am truly grateful for so not desperately needing dosh but after observing and experiencing pain in all markets for so many years I have learnt valuable lessons
I have emotion attached here like a having a toxic gf that keeps pulling you back in but now I'll treat her like the bish she is. (With a chunk in ISA in the hope that she behaves and shows me real love and loyalty)!
There will be drops it all depends on what stakes you want to play with and the margins you are targeting if you think it will recover on any slide.
Would be great to hear of rumours of a TO, that would see a 50% rise in a morning no sweat and our man has suggested an offer was suggested (If you want to believe him)
GP, surely you would only sell if you thought the sp was going to drop (even if only temporarily) or you needed the dosh?
Surety - Nice one! Chariot getting some news coverage
Over ONE MILLION shares landed, AGAIN, after hours. Value £118,000. "Unknown buy/sell" mainly 9.9p to 10p Trade price. They have to be buys at those prices. Who's kidding Who? If this carries on into next week at these volumes my money is on a buy-out, but we don't want that until the sp is more respectable so a bid is 30p+.
Have a great week-end all!
Agree Bubblepoint
https://www.offshore-energy.biz/stena-drilling-drillship-goes-to-work-in-morocco-as-energean-takes-the-helm-at-gas-field/
We are in the cesspit of traders. In that Ripley fella stylie I sold a tranch at 980 today.
I will keep a substantial holding in my ISA for (hopefully) long term gains but it seems If we can't beat them join them and pocket any gains like there is no tomorrow.
Surety,
There will ALWAYS be sellers, same as it requires buyers for any seller to sell into. as to what are buys & sells, well it is pretty much impossible to be sure, delayed trades, worked bulk trades, could be either way, but one thing is certain if they were all sells we would not be sitting at neigh on 10p right now, and I for one would rather any distressed seller is gone BEFORE we get drilling.
ATB.
Doesn’t look like the seller is out just yet..
DYOR
don’t they know it’s ****tail hour?
Sounds about right...shenanigans
The very large trades at 8.25p would appear to be late reported trades from earlier in the week as they are not affecting todays trading and are way below any price we have seen today.
I might be wildly wrong but it looks like the middle man bought up the 41m at 8.25p and is now distributing it to the last of the buying consortium at the agreed price, hence the 8.25p price still appearing in the last 2 days prints
There will always be sells..
Most likely another delayed trade from Wednesdays 'Completion of Energean Transaction' RNS, also I would say possibly an agreed transfer of shares akin to 40m the other day. Either way shares are moving from an unloved holder to one that loves CHAR, esp as it was at 8.25p/s.
AIMO & DYOR
Wow another big sell 3,030,303 for £250,000!
How long can this selling possibly last?
Literally just the beginning, they will come.. once we get back to about 13/14.. with the selling pressure gone and buying pressure increasing this can reach new 52 week highs over a time imo
Yeah looks it, bought at 8.25
Thought we would have a glut of new pumpers and dumpers, but guess we are still off radar, happy for this slow rebalance, long may it continue
Looks like a very late report from the block buy a few days ago
Huge sell £200K at 10.22...but good to see the price holding gains so price dip was just a blip.
Onwards and upwards.
Very strong buying has blasted this above 10p UP 7.68% on volume of 4 million.
End of another week.
Excellent news on Energean deal completing and all the financial security moving forward for Chariot. Seller looks to have now cleared.
Another week closer to Star Valley also heading our way for our imminent drill.
Come back Monday and knock another 3 days off.
Up 6.4% very close to 10p at 9.98p on volume of 2.3 million.
Would be great to see some DD's 🫡🫡 Just wish this bloody seller would GTF!!!!!!!!