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It'll do just fine
This is what I feared - how the markets react
Spot on dancer. I have done the same, 11.5p is a steal IMO.
....this is typical. A tsunami of good news so the MMs want to harvest the riches! So what do they do ? Slam the SP down dressing great news up as bad..... and scoop up all those lovely stop losses sitting 10 % - 20% below the current SP mugging off naive PIs. .....anyway I've just topped up. 40p share for 12p Lovely.
Nice top up, thank you MMs.
Sorry should say ‘false’ drop
Think this is a failed drop, very few sells, large spread. Wait for fireworks later or add now
Plus the 60% increase in production!
Seriously!? This has just stated they have £27m in cash, plus a massive oil find, plus an asset sale..... This should be at the very least 30p.
I thought I’d would be 30-40% up.. never did I anticipate 10% down.. this is a horrible game
Nothing to stop PIs from buying at the lower price nozzla, although I do take your point regarding manipulation.
How can we be 10% down on that news? clearly MM's letting a few mates in. pathetic.
"cores taken from the upper part of the Yamna and a preliminary interpretation of the open hole logs suggested that the entire Yamna section could potentially be oil bearing. The well was being prepared for testing at the time this report was finalized." And as has been said already making money!
Key Financial Highlights of 2018: Profit for the year: $1.2 million (2017: loss of $1.6 million) Average realised price: 51.3$/boe (2017: 41.6$/boe) Gross revenues[1]: $14.7 million (2017: $15.1 million) Gross profit: $1.9 million (2017: $2.1 million) G&A[2]: $4.8 million (2017: $5.0 million) Profit per share: 0.5 cents (2017: loss of 0.7 cents) Net cash[3] at year end: $35.2 million (2017: $37.6 million) Key Operational Highlights of 2018: Production: 91,085 boe (2017: 56,516 boe), a 61% increase year-on-year 130% increase in production from the key Monastyretska licence, located in Western Ukraine Gas trading profit of $0.7 million (2017: $1.3 million, which included $0.4 million of interest on receivables) Service business profit of $0.06 million (2017: loss of $0.03 million), net of services provided to the group[4] No LTI/TRIs’[5],[6] Secured ISO 14001 and 45001 certifications.
The Blazh-10 well encountered 207 meters of Yamna, the reservoir formation, reached its final depth at 3,394 m, was logged and is now being prepared for testing. The Company expect to put it on production if well test confirms that oil can be produced in commercial quantities, thus contributing to another step change in the oil production.
20+
Wonder what this will do to the share price ?
https://www.**********.co.uk/rns/announcement/20aa2e9b-53cc-41e7-99cf-e4b417b02449/
Thanks for the feedback Dakad, much appreciated. Have emailed AJB to enlighten me. never had issue like this with other shares. Interesting!
Not 100% sure but think we have had this question before and answer was that the transaction when over the nex platform.
Sure someone more experienced than me will chip in but from memory nothing to worry about.
Hello All. Hopefully someone on here can enlighten me. I purchased shares through AJ Bell today for Cadogan (Code CAD) and having checked LSE website the share purchases show up under Cadogan Petroleum Plc (CAD.GB.PL) and not under Cadogan (Code CAD) . Has anyone else experienced this? I have checked the londonstock exchange website as well as sharemagazine.co.uk website and on neither does my share purchase show up under Cadogan (Code CAD). I am going to check with AJ Bell as well but was wondering if any others have experiences this? Any feedback gratefully accepted.
Nice delayed buy from last week
Things have suddenly started to spark. Does someone know something?