The latest Investing Matters Podcast episode featuring Jeremy Skillington, CEO of Poolbeg Pharma has just been released. Listen here.
London South East prides itself on its community spirit, and in order to keep the chat section problem free, we ask all members to follow these simple rules. In these rules, we refer to ourselves as "we", "us", "our". The user of the website is referred to as "you" and "your".
By posting on our share chat boards you are agreeing to the following:
The IP address of all posts is recorded to aid in enforcing these conditions. As a user you agree to any information you have entered being stored in a database. You agree that we have the right to remove, edit, move or close any topic or board at any time should we see fit. You agree that we have the right to remove any post without notice. You agree that we have the right to suspend your account without notice.
Please note some users may not behave properly and may post content that is misleading, untrue or offensive.
It is not possible for us to fully monitor all content all of the time but where we have actually received notice of any content that is potentially misleading, untrue, offensive, unlawful, infringes third party rights or is potentially in breach of these terms and conditions, then we will review such content, decide whether to remove it from this website and act accordingly.
Premium Members are members that have a premium subscription with London South East. You can subscribe here.
London South East does not endorse such members, and posts should not be construed as advice and represent the opinions of the authors, not those of London South East Ltd, or its affiliates.
So after this mornings rise to 4.9 the SP pulled back to just 4.5 which looks to have given us a new higher low as the sellers dry up and the SP begins to move higher again.
At time of writing L2 is looking quite good, it would not take much buying pressure at all to get the SP to 5.0, will be interesting to see how many more sells there are when it happens or if it breaks through.
Managed to buy another 130'000 via IG today.
That's it now, I'm not buying anymore!
Wish I had the funds so that I could though :)
GLA
Progressive valuation...29p
Edison valuation.........21p
Based on 60/bbl
Re-rate here is inevitable. 5p should be gone soon. Could only add in small tranches as there was just no buy quote for any decent Qty in the morning.
The way level 2 is shaping up 5p might well be the new low this afternoon. And to think of the absolute potential the share price could reach
Higher highs and Higher lows. I think 5p will go this week. Gla
Too many sellers again once it reaches the high 4's. Has happened many times recently. Can't see it breaking 5p until the good news arrives.
A great start to the day and week.
As been easy to sell and hard to buy (in quantity with my broker) this morning, always a good sign of a rise to come.
Currently got a few sellers at the 4.7/4.8 range but there seems to be a lot less selling this time. With less sellers its very possible that the next move to 5.0 could see it break through and move onwards.
IMHO/DYOR
With a raft of updates due anytime, possibly before AGM then 4 odd pence will be left way behind . Simple case of buy and wait for me
mr positive keep them coming..
atb
Sorry 4.90 paid.
Cannot keep up with the pace here..LoL
Remain calm, we've been here before only to see it drop back down late afternoon! Lol
4.80 paid.
Something going on...
Could breakpast over 5p soon. Next leg up in play towards 6.80
I’m not even getting a buy quote either .
Forget about £250 worth.
Nothing available now !!!!
4.70 paid
Can only get Buy quote for £250....crazy !!!
Once again harder and harder to add and all the time the share price is strengthening
Right at the beginning of breakout .
Unbelievable
Cannot even get £500 worth now ????
another crack @ 5p coming by the looks.
Bit of buying pressure and this will be away.
We know how fast this moves.
The difficulty in buying suggests we are very tightly held and will very likely see near term higher lows in advance of news on many fronts . Adding bit by bit is a sensible action if as me your building a holding
This will have a breakout one of these days.
Hopefully all being aligned in the background.
GLE
Can only buy £250 worth on Barclays ???
Nothing over that....
Yes. All seems on track for domestic Oil refinery completion by 2024. New pipeline underway connecting Petrochina processing facility to the new Oil refinery. Heron Oil would then be transported via new pipeline. In the meantime Heron oil to be trucked along and sold to Chinese refinery.
They already identified additional highly attractive prospects in Block XX. Also need to go back to Gazelle discovery to follow up.
I would estimate over 9000 bopd production by 2024.
They gave back Block IV but kept Block V.
Block V has active working Petroleum system with same source rocks as Heron. Total recoverable over +2 billion barrels potential from Block V.
Block XX is a company maker itself for MATD with Heron and Gazelle discoveries.