We would love to hear your thoughts about our site and services, please take our survey 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.
A whiff of a take over rumour would be great!
Clause
"Discourage any take over attempts"?!
I would blinking drive them to Chariot's offices at a minimum offer of 30p!!!
I'm not savvy with the automated trade angle, but it is notable that practically every sell today has been an 'A' trade (though the 'ordinary' sells which have gone through have admittedly been bigger). Is it an algorithm tied to the natural gas price? That's up a bit today from what I can see, so I'm unsure what's going on.
Even if they're not needing a raise, it is surely good sense from the BoD to put out a statement or some good news to keep sp. healthy, reassure the market and discourage any takeover attempts...
Ian, were they pizza ads?
Sorry that seemed to go twice. I can't see what I'm doing with ruddy ads popping up on my phone!!
8p is silly
But
Probably no one on here is buying much
Some on here frightened and selling
Others not on here see sp dropping and sell
One(or 2?) having to sell a pile for some reason.......still stuck in options?
So sp forced down.
We need some news to stop that.
It will come.
8p is silly
But
Probably no one on here is buying much
Some on here frightened and selling
Others not on here see sp dropping and sell
One(or 2?) having to sell a pile for some reason.......still stuck in options?
So sp forced down.
We need some news to stop that.
It will come.
BDC 8p is the bit that is worrying most of us.
Imo the buyers are players for a quick hit.
If you really are soaking them up like you say then I can only imagine you have football size cahoonas!
Gooner,
It can't just be me that sees the value here. It's 8p!
8p!!!!!!!!!!!!!!!????????????!!!!!!!!!!!! 🤪🤪🤪
-45% since the day the partnership announced 7th Dec.
Baffled
It's tough GP, none of us know really what is behind the seller/s, they have their "own" agenda/reasons, that we can only best guess, but value is in the eye of the beholder. Personally I most certainly feel this is unjust, extremely overcooked, and I am more than happy to simply wait it out until they are done and I expect a healthy recovery.
Of course, I am not happy, same as everyone else, but then if this game was so easy to make calls hitting the nail right on the head most times then every man and his dog would be at it.
Some great posters on here, regardless of right or wrong, hopefully it wont be tooooo long before they start putting info out for the onshore efforts to begin etc, which is always good to generate interest.
Bubblepoint I think we need to thank BDC for his support on this.
I would be twice over the moon 🌙🌙 if we hit 18 pre spud.
Well I can get a quote EVERY time to sell anything up to 300k shares, same yesterday, so there is clearly someone or someone's happy to soak them up at this level.
Speculiar I am very impressed with your patience too.
I am seriously impressed with my patience, who knew?
Just my opinion but when should people look to buy more, to help with their average?
Very difficult (obviously) but I feel:
1. That we have had a market rerate due to previously mentioned (imo) factors
2. But on top of that there is a (or multiple) sellers adding to this.
So would it be better to look for a stabilisation in buy and sells before adding?
Could that be a pause by the sellers, then they restart after seeing a lift?
It's trying to understand why sellers are selling, what Risk remains in the company, what are the basic operating outgoings, what if onshore gas exploration is a fail, what are the costs to get to onshore production, what is the expected returns, what cash is left to get to offshore, how long will that be, will the Company spend more cash during that period on the other pillars, would they need to go back to market for another placement? Which we can do SOME VERY basic calculations on and also guess?
What would be nice is to send such questions to the CHAR management and ask them to provide answers.
If you were investing into a private company yourself you would ask for such information, but I guess as a share holder you can not get such answers from BoDs.
All just my opinions and would welcome constructive discussions.
DYOR
GLA
With the lack of news flow char are just prime for this relentless down trend. ATM char has guaranteed 25m in cash coming to it plus the remainder of 22m ( July 23 ) and is now only valued at 83m, amazing really
Riskybusiness
Nobody knows how low this can go.
I hope this helps.
Wasn't having a pop Ian I was just surprised that you'd felt the need to email them after stating it was a good time to top up 2 days running, all to the backdrop of a falling share price, that was all.
I totally get your frustration (as you may have gathered) when the closer we to get to the end goal, the pieces of the jigsaw are coming together if you will, yet the price keeps dropping........
I have said for a while now that with every "positive" RNS we get the share price slides back, but even I did not expect to see us at this level🤷♂️
Bouncy🐈 I am not that keen on coffee😂
How low can this go ?
"the lower sp goes the better discount one gets buying the shares."
Exactly Ianfer. Something the poor 🤡 can't seem to grasp 😂
I believe the SP will be around 18p by the time we spud Anchois East. So it makes sense for me to be buying at 8.5p, 9p, 10p, 11p. It's impossible to call the exact bottom and go all in, so I DCA at what I believe are very cheap prices. The poor 🤡's will try and shame you into not picking the bottom as they cry into their coffee. Best to just ignore and carry on executing ones own plan 🙂
PLUS ..............since we had a share price of 20p we have nearly acquired 40 million quid in the Bank, a reputable partner who believes and a freebie on-shore license. Had we known those 3 things when we were at 20p I'm sure the sp would have reached 30p !! So some folk have caught a cold, panicked and had to sell.
Kb - no change of heart. I honestly believe that the lower sp goes the better discount one gets buying the shares. The £10m should arrive in Char's bank soon when signing done. They already have about £15m and there's another £15m to come - is that with a successful drill? - That's £40m in the bank (b4 overheads of about £1.5m month? ) can peeps confirm these numbers? So £40m is about 4pence per share without value of any gas or other pillars and on-shore value. 8.3pence sp currently is utter nonsense!
I sent the email to simply give them a polite prodding. No response yet and I don't expect one as they no doubt receive many others. But if I get any response it will be on here sharpish.
Ian, that was a quick change of heart, as you were only just suggesting earlier on today it was a good time to be buying more?
Welcome to chariot 🤷♂️
If only Bouncy🐈 was buying more than he suggests he is perhaps we wouldn't be dropping by so much 🤔🤥
Jam tomorrow anyone🤬
Just going by the history of this company. Earlier placings have come out of the blue after Co have stated no reason to raise funds. I am LTH and no wish to deramp (why would I bother, the Co is already making a good job of sinking SP).