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I'm certainly more comfortable with the drop after a 50% rise and knowing that we have the Land Permit.
If we hadn't had that I'd have feared the worst and probably bailed.
Happy to ride the waves as it is.
Well I bet there isn't many on the BB that predicted a drop like this happening after such good news ?
How low will it go ..I have no idea !!!!!
Having a weee bit Top up now myself.
This drop - Totally preposterous!!!
Some naughty traders floating funding ? To get back in obviously. Same "modus Operandi".
Really ???
We funded till next Summer. Heron Oil sales will be used to pay DQE for the Multi-well appraisal programme. NO DILUTION.
Theyve got the asset and the go ahead to suck 50,000,000 barrels of oil out the ground.. the price will go back up!
PLAY THE AIM MKT thats a way of winning
The legal permit is a good thing, it’s been way too long for that to come to fruition.
I don’t feel that a 1 in 5 chance on the clever girl will change the company in the long term. Obviously if it comes good, then this will rocket for a day or two, then drop down again until they start making monies.
I bought some of these after the credit crunch when oil was the most important thing in the world apparently. Obviously sold out back then and bought some furniture for kids bedroom. Back in again now and have been since the beginning of the year - hopefully the long term plan delivers
i ******* hate the aim market total **** show of a place
Weeks ago it was said that with LP in place this share would start to go into orbit well into the teens.We now have got the LP and is struggling to keep over five pence.Maybe something will happen in the last half hour of trading
Astro - wouldn't 3 or 2 be better for you? 😇
And what did somebody make yesterday with a million shares?
If you hold a million shares you've dropped £10k today - as WOS says - be happy!
I avg down then.!
Just topped up myself. I suspect a big seller in the background as all the recent 4.83 / 4.825 trades showing as sells were buys. Previous 29 trades to that were buys. Share price falling. Bonkers, but this is AIM! Fundamentals so strong after LP news.
I’m going to sound like iamrich and WOS here, but we were 50% higher than this just a matter of weeks ago on no news.
These markets… they’ll make a monkey out of you…
Currently up 22% on Weds close.
I said earlier that there's a gap down to 4p and it looks like the market is trying to close it.
Once closed it'll be on the up.
I’m seeing the overall rise far less than that! 15% of this mornings open is far greater than 15% of yesterdays I’d say we are looking around a 25% overall increase which is quite laughable
I think its just ended up at awkward timing
if LP had landed 6+ weeks ago I think SP would be a lot higher than it is now
as it is with velo TD due within ~7days, I suspect a lot of people are waiting for that before buying in
regardless of duster or strike I think there will be a lot of buying after that
Well this one has me a bit stumped.
My best guess… a large seller in the background with perhaps a stringent investment process in place where they were to sell on LP approval?!
V1 duster would be a bit disappointing but not unexpected and I can’t believe we are fully valued even without it. And cash raises/dilution? Well how much dilution would we be talking about?… not enough to mean we should be down in the 4p range post LP. All IMO. I’ll be letting the dust settle over the weekend, see what happens Monday and debate another top up then.
...150k added @4.85.... a gift indeed
So overall rise from news yesterday is 35% that’s crazy. I think this has been dropped to fill a big order.
Thanks for that - very reassuring!
Mmafr, unlikely that news of V1 drill is leaked early, unless drilling is several days ahead of schedule. I believe that they have to drill through very hard granite to reach oil reservoir, so won't know until they reach 1500 metres.
MATD spent millions checking the ground it's not like we just put a pin on the Map Blindfolded .... I think we have better odd's than the Market is leading to
//This has been fun to watch//
Our main aim is to entertain!