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last known production 1604 bopd, 950 @$61 + 650 @$83 ish.
not by much it was 28p bid the day before consolidation lol
:))
The CSE itself showing high as $2 , must have missed that trade in the past 20 days
must have been a new operator typo , like the 5 attempts for one large trade on the
London Exchange the other day lol
Give i think you may have seen this post as you are pals with a certain somebody who i chat to on telegram , this just about sums it up for me very well put
One of the best write-ups I’ve seen, not mine though:
“I don’t want to get into a bun fight but I want to refer to another company that consolidated and is in oil and gas. Surge did an 8 for 1 rollback and then promptly bought two new deals and the market didn’t notice the consolidation because the guy behind it is about growth. He is also someone that people have worked with in the past when things got sticky as he makes fair deals. So people go back to him. So consolidation with growth being shown can work. As does being a president known for making fair deals.
So what is happening here ? As one oil company president here in Calgary put it, you consolidate and then announce a deal so you are putting a dollop of ice cream on a pile of **** to cover the pile of ****. Consolidation is acknowledging what happened in the past was a failure . So you reset and then you have to show the market you are in a new growth pattern so new investors are convinced to come in. But usually you have to blame someone for the mistakes of the past and usually you see a management change on consolidation . So that didn’t happen here . We did the atomic take over and then we consolidated . And we are not releasing news that is convincing the market we are in growth or something is different so we don’t repeat the mismanagement of the past the consolidation was intended to fix . Same guy in charge. News is not convincing the market we have changed.
The fact is we bought atomic with an unconventional lender and we consolidated. News releases to date have not convinced II’s that we have a dollop of ice cream to put on this. If the market believed we have change and growth, our price would reflect it. Because it is still Art in charge his past behaviour is something to consider. And as Another poster here has said a few times, Art has to show the market consecutive quarterly profits and growth. That will get our price up. That will demonstrate change and growth plan.
So when people like me , or others , point out we are missing the proof of growth that will allow our price to change, why is that met with accusations I am shorting or deramping? I don’t trade in the UK. But I am concerned our president has complained of market manipulation as the reason we have no share growth. Maybe dump a few more dollops of ice cream on this pile and we will.
Long post. Point being we didn’t change management on Consolidation. It is appropriate to assess our president because we don’t need to argue about what the market thinks of our consolidation . The market price reflects that opinion. Until the market is convinced we have change and growth it will not reward our stock price . If art is holding back because he is trying to acquire more assets, then his plan is to add more debt or
Time to recognise the opportunity, as far as we know the business is producing at least 1604 bopd and increasing and oil is $83, thats £2.5m a month and mcap is £47m.
no its not , it's been at least as low as 7p 0.00125 v 0.0025 7.?p v 15p
when we where sub and 0.05p or 5p in new money
Likewise the listed high is garbage also , high this year 0.025 paid
exchange 1.41p on the day now 1.5p or £1.50 or cad $2.55 back
in mid April this year
:))
volume still ticking along , 0.465 v 0.48 still the order of the day
Volume
40,010 ---------------------4 million pre-C was a good day lol
Oct 20, 18:33 0.48 0.01 3,000 Scotia Capital Inc. Anonymous
Oct 20, 18:33 0.48 0.01 1,500 Scotia Capital Inc. Scotia Capital Inc.
Oct 20, 18:31 0.465 -0.005 1,000 Barclays Capital Canada Inc. TD Securities Inc.
Oct 20, 18:30 0.465 -0.005 1,000 Barclays Capital Canada Inc. TD Securities Inc.
Oct 20, 18:25 0.465 -0.005 2,500 Barclays Capital Canada Inc. Credential Qtrade Securities Inc.
Oct 20, 18:12 0.48 0.01 1,500 Scotia Capital Inc. Scotia Capital Inc.
:))
spent time with all branches , foreign and domestic doing the day job Bob
marines a special kind of crazy lol
Was at RM Poole in Dorset many years ago , we where at a loose end and playing footy
a fella that looked like the cartoon cut out profile, drill sarge discip , slashed peak and
barking everywhere
do not know what they had done to deserve it but he marched then down to a quagmire
of a field with ropes and barbed wire, slit trenches and god knows what , slightly longer
that the footy pitch.
Well they crawled and crawled , while barrel chested cartoon cut out barked and barked
well f me , at the end of it, all lined back up and he barked his final orders , on parade 0400
and if he sees a spot (they where caked in mud) my eco bubble Samsung would struggle
lol
:))
Note another big round figure - someone not done loading up.
Late but trade posted.
15:21:25
28.60
250,000
£71.50k
Volume
11,810
still ticking over and 0.465 v 0.48 - 27p v 28p
seems to have settled in, as the play for the day lol
:))
Á an aside HFB thought you were an RAF man. As was yours truly many many years ago
Mr Market
ignores all, until he sees it in flashing red dot technicolour
oil price has no bearing, on figures yet to be revealed lol
:))
WTI approaching $83.11.
Surely fundamentals and value can’t be ignored for much longer.
Bid / Offer
28.00 / 29.00
The real lse , opened the spread , so your prices should all now start going
on guesswork algo as sells, that should cheer you up lol
:))
Trades look pretty even , as indicated by the 1% price change
:))
Bid Size
50,500
Bid Price
0.465
Ask Price
0.48
Ask Size
4,000
Volume
9,100
and as you where bid back in control
:))
Yes Noob , volume dropped off a cliff since consolidation
The average daily volume for each and every session for September
/ 100
Sep 3.78m
/
Oct
11th 1.86m
12th 1.40m
13th 1.35m
14th 389k
15th 1.49m
/
18th 1.75m
19th pending
/20th 667k so far today
Treading water and going down for the third time
(30th really lol)
:))
0.48 Up
0.01 (2.13%)
Hello , stacked bid but CSE now BLUE
:))
The two taking the **** , stacked bids at 0.35 and 0.40 now disappeared
they really are trying every scare tactic in the book, to get sellers
book looking a little better now
Quote
Bid Size
2,000
Bid Price
0.475
Ask Price
0.48
Ask Size
5,000
Half decent volume, for the first hour over the pond
Volume
5,100
Last Price
0.47
Tick
Up
back in the day , had to be woods or lamb's Tiburn but before the imposed alcohol ban
they say your tastes change , I became more of a Whiskey tourist but still liked the rum
but had moved over to the less dark side , the golden spiced Caribbean style rums.
Bit like cheese , never ate the stuff , until well into my 40's lol
:))
kiora is one thing but he can keep his home brewed KJ to himself
:))
only 5 half decent trades in total today over £10k (£12-14k)
0805 , 0806, 0821 and the 1152 , 1156 pair of 50k share trades
biggest of the day SO FAR lol
:))
No idea Evan. Lol
best rum preferred?