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if you want a late trade try 3 on ukog when it had its glorious rise to 11p
the endless good news on success just kept on coming and the price did not move
finally it did
3 days later and the next 2 days trades dropped in at the end of the day that had been
placed 3 days earlier for prices above the going rate first thing each day
the trades where for £1.5 £2 and £2.2 Million squid each MONSTERS
can live with them kind of late trades could only be buys by dates and time stamps
kinda took the guess work out of hold or slice had to be going much higher but I
still sold to early
6p and 8p looking to get back in on a retrace that had to come MC way to high
then shot myself in the foot again as it plummeted got in again at 4 ,3 ,2p but the
bugger did not stop
the new finance then sent it back to 1.25-1.5p before another does of joy had it
death spiral to sub 0.2p
had still made some nice profit overall , when I bailed at 1.3p but again got in recently for the
planning application 0.25/0.35 soared to over 0.5 but application denied back to sub 0.2p
perfect lesson in NEVER get emotionally attached to a share
should have runaway with my 6 and 8p sells and not looked back LOL
H4b, good dose of the other POV to keep me in check, thank you!
But I’m still not sure that they can’t play with us... late trades... reversed trades... bid/ask that just doesn’t really fit the sentiment...
But I bow to your experience!
Let’s see some real blue, soon. I have quite a lot in this one, cash-wise, but my other shares are making more money!
correction the algo thinks
the MM thing is a myth they compete with each other for business the problem is the system
on the market all are just trades there are no buys or sells that is all added by an algo machine
Problem is the thing is rubbish and does not keep up with what is actually going on, it is routine
for MM's both side of the board to be offering prices in effect the wrong side of what it sees as MID
It labels all above mid buy all below sell all that on Mid or appear outside its range UNKNOWN
routine for MM's to be offering better prices either side hence when people cry I have just bought
at or near the bid they are not lying done it many times myself
The sudden narrow spread is quite often multiple MM's some buying other selling say under the mid
the also thinks is correct and so all labelled as sells likewise same occurrence when all above mid
labels all as buys
always buyers always sellers so prolonged periods of just one duff labelling
The Stock exchange could fix quite easily in this day and age of tech, a little fix to reflect the
buy or sell button we use and certainly not the UNKNOWN button none of us use
They chose not to so are the real culprits, the MM's just doing business buying and selling
for clients and competing with each other to move or gather shares, no tricks no games
just a crap labelling system
Is it just me, but every time someone has a pop at MMs for controlling the market and being a bunch of manipulating ****s, which of course they are, the price goes down! :))
But who will have the last laugh....
(Let's see how long this post lasts...!)
Thanks hoping for bags for your reply
shares have more than doubled since that high so first stop to beat that mark
would be around 0.24p which would be still way to low just for the one asset
That previous 0.57p high was a market capital of £11m V assets way to low
so agree should be beyond the £23M 'ish MC needed to pass that figure again
1p would only be £44M not exactly staggering for the Oil and Gas sector with
such a huge asset
GLA
I agree with you regarding your points about "a re rate has to come, drilling near term or not, current market cap £4m would be a joke holding 25% indirect of an asset worth BILLIONS. On Chuditch estimate alone if the market gave it a value of 1/2% in the ground that 25% would be worth around £38M or almost 10 bags to current MC. the potential price on a sale or JV/Farm in, is quite mouth watering, serious blue sky".
The key point here is that BOIL was x 5 the current price at 0.54 on February 7th 2020. I think that this could quite easily go back up to 0.54 very quickly AND 0.54 was pre the fund raising and agreement. I would say 0.5 to start with an then watch this space as per your points. This really could be a hidden gem. Good luck, Brighty
This is the risk reward with Timor Leste, area prone to earthquakes, classified as light magnitude 4.4-4.9
(below ) another yesterday about 5th I have read about in the last month offshore , most tend to originate
North East of TL, our license South East so hopefully asset has not been disrupted over the years
The reward Shell report although 30 years old, Chuditch a massive Gas discovery worth $ Billions
another prospect on license also preliminary analysis large volume gas with multiple other leads
and prospects across the license
seismic due anytime per Government sponsored program, if all intact, make no mistake this is a
potential multi trillion cubic feet (TCF) asset with further upside , which could include oil or gas
condensate on the wider license
since original details released by Boil, market has not really responded, as based on 30 year old data
if released with current data, no way can the market justify Boil's current market capital when it is
in a new report we own 33% of SG which owns 75% of a 3 TCF asset with UPSIDE !!!
Surely a re rate has to come, drilling near term or not, current market cap £4m would be a joke
holding 25% indirect of an asset worth BILLIONS
On Chuditch estimate alone if the market gave it a value of 1/2% in the ground that 25% would be
worth around £38M or almost 10 bags to current MC
the potential price on a sale or JV/Farm in, is quite mouth watering, serious blue sky
GLA
http://www.earthquakenewstoday.com/2020/08/07/light-earthquake-4-5-mag-214-km-ene-of-lospalos-timor-leste/
To keep licenses in good standing NO OBLIGATION to drill - cleansing notice not set in stone
does not say will be no drilling as circumstances change , in Peru perhaps early 2021
TL things could move fast on a JV/Farm in after seismic revealed
TGS website first seismic was due to be available 31st July, the whole thing 50,000 sq km
by September for bidders in new license round
All have fingers crossed, SundaGas now have the data as part of the first data release and
are conducting analysis to report findings to Boil soon
I have heard these are due next week could someone point me to where it states these are due as didn’t think any drills were happening until 2021 at the earliest per RNS on 29th June