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Can anyone confirm if those late trades were sells ?
The reason I ask is it's obvious people are playing HEX against HE1 and vice versa and maybe just coincidence that there was a huge late trades over at HE1.
Mm's playing games?
Maybe someone with more experience can explain or I'm just getting paranoid!!
Could it be they are switching large amounts between the two to influence the price. Wait until one is high then sell. Switch to the other when low and causing a rise in SP then sell taking profits then rinse and repeat?
Many peeps play all different games not just with Hex an He1 .
Some short some go long .some pump an sell .
Do want suits you best . Timing can play a big part
Or good ole fasion research, if your happy, invest an don't worry about the highs an lows until your research comes to fruition . Gl
No one will explain anything .
You have to look the share price trajectory and work out for yourself if it's buy or sell but what difference it makes?
Some times people get exited about 1 mil shares sold or bought and forget that is very small % of the total shares ( in some cases billions ) see the opening price and today trajectory and you can find the answer .Do not be fooled by comments this is big buy or big sell .
Read and notice all positive and negative or neutral comments .Good luck .
Warrie, those 2 late trades are from Monday. They are not Tuesday trades. Sometimes large trades are reported a day later at end of trading.
Have seen it here many times.
These is just going through the usual motions and remember that we are still up 90% in 6 weeks of market trading. Another week of consolidation will be good and should be ready imo to push higher into the 20's as we get closer to Q3.
The scoping study news should land any day .
Thanks Jungmana,
I'm holding and waiting for funds to top up.
Now you know .Sales .Money moved somewhere else .
Looks like we get to 16.6 before Friday.
:) Same old same old story .
Someone beat me with the 15p to top up .
Good luck .
Patience is all that is needed.
Things are seldom as they seem. You have to look at where the stock is traded for at least a clue.
This is on SETSqx, it uses a hybrid of MM and auto trading. There are several auctions so it can change through the day between MM and electronic trading. It’s much more liquid than SEAQ (non electronic) but much less than SETS (electronically matched)
https://www.londonstockexchange.com/equities-trading/asset-classes/shares-trading/setsqx-and-seaq
You have to expect the volatility with these type of stocks and realise price is often disconnected from the trajectory of the business. Obviously one always wants to buy low sell high albeit pretty much impossible to time the best prices but it does help if you have a basic understanding of how the system works.
I think shareinvestment’s buy at 17:75 was very well timed. Indeed I would just be looking to add sub 20p ahead of news. That seems to be a minor resistance at the moment.
I would split over three trades and even then I doubt it would beat 17.75!
That looks a good shot to me!
Don’t think it will be in the teens in June and if it shoots up to 25p. Then what will happen. Probably buyers arrive! Crazy eh!
You can of course get an edge by reading through the company prospectus and putting price points on your own timeline.
https://wp-helix-2024.s3.eu-west-2.amazonaws.com/media/2024/04/Helix-Admission-document-final.pdf
If you think the stock is news driven then why not get ahead of the news. You can also look at peer mcaps and price points as well. All pretty much nuts and bolts investing.
It also stops you panicking when you buy at 20p and it goes to 17p and you sell. It then goes to 20p so you buy again! Coz you have a better grasp of the bigger picture!
Good luck!
Usual caveats
Trek
@Trek,..I have to say these posts are brilliant , really informative and I personally appreciate the effort you put in to present it so that we less experienced investors actually can grasp the nettle.
Thank you.
I think were getting away with ourselves here .
The IPO was definitely cheap to get eyes on the company at 10p . Well done to those .
However I was saying probably a free ride to 20p but 17.5 was not that far off.
Don't get caught holding the baby here , Hellium at best will not be viable until at least 2025 .
Even a scoping study an drill nothing is a given , then there's the work no injuries or problems .
Lot of money will be needed that is for sure .
"Don't get caught holding the baby here , Hellium at best will not be viable until at least 2025 ."
You talking Gibberish there.
Shows you have no clue what you talking about.
Yep, he should stick to sport ❗
Jungle don't make me a bad person explain please
Helix if successful on 1st Spud with out any problems injurys or delays will be hoping to produce in q4 2025 .
Perfect world an all that , I like the team no question but any disparity on this board, an your attacked or ridiculed.
Try explaining your belief but don't dress it up as fact.
As for sticking to Sport ? I don't play Sport just race supercars .
Broker Note published last month for anyone new;
Oak Securities Note - 16 April 2024
Helix Exploration plc’s (“Helix’s†or the “Company’sâ€) helium prospect, Ingomar Dome (the “Assetâ€), is a low-cost entry 9.6 point for investors to gain exposure to a potentially high-impact exploration well. The unrisked valuation (131p) is 12.0x the current price, and the risked value (39p) is 3.6x, which means that the risk-reward balance favours investors.
Valuation
The high helium price and readily available infrastructure lowers the threshold for commerciality, making even small volumes commercial, which reads straight through to value. The Company’s risked valuation is $60mm (£48mm – 39p), while the unrisked valuation is $202mm (£160mm – 131p).
Oak Securities Broker Note cont'd - 16 April 2024
>> Q3’24 Low Cost and Risk Multi-Target Exploration Well
Yesterday’s news announcing the appointment of Petroleum
Consultants LLC puts the Company on track to spud a low-cost
exploration well (~$2.5mm) in Q3’24. The well is targeting a
multi-stacked play concept with four separate prospective
horizons.
Helium has been proven regionally and in the vicinity of the
Asset, meaning that the Geological Chance of Success
(“COSG”) is higher than would otherwise be expected; the
Amsden formation alone is estimated to have a COSG of 42%.
>> Strong Management
The Management has extensive experience in the helium sector,
which, more importantly, crosses the technical and commercial
divide. We consider the team at Helix to be a feature that
differentiates it from its peers.
>> Positive Operating and Sales Environment
Montana is a mature oil and gas basin, making helium
exploration and development easier and lower cost than
would otherwise be expected.
Helium’s scarcity and the US’ position as a global swing producer
means that there is a perpetual excess of demand, generating
upward pressure on pricing.
While the helium market is opaque recent observations from the
USGS place helium conservatively at $420/mcf, but Open
Market and surge pricing continues to push prices towards
$1,000/mcf. Analysis shows that the helium price is the key
determinant of helium production economics.
>> Financing Sufficient for Three Wells and New Projects
The relative low cost of exploration wells, coupled with its recent
funding means that the Company is funded for potentially up
to three wells, which provides for either a follow up appraisal
programme, or accessing further projects.
As said hoping for1st production in 2025 Q4 if No problems which is rare to say the least
SS you've posted on wrong board you idiot. HE1s the one needing lots of cash. Good luck.
SS - can't even spell. What dross you post. Stick to racing bumper cars at the fair. Come back once you have done some research. Better still lets repost the dross end of June and compare notes then as HEX seem to deliver on what they set out to do....
Check Greg Peters - he may help cover us your lack of education. Till then enjoy the bumber cars and see you end of June ....oh and use a dick -tionary!
Gulp !! Jhon Fury in the Hse .. Don't want no trouble
Sport...you are definitely mixing up HE1 with HEX 🙄 'Needing cash' and 'Q4 2025' ???
Kindly take a back seat in your pedal car until you can think straight ❗
Nah .According to them all is 100% certain .
They will discover commercial viable asset on the first drill no problems all champagne and roses .
I am buying lottery ticket tonight fully funded for the draw tomorrow will be millionaire. Hehehe.
Friday is around the corner waiting for that 27p
Some new posters here this week, here are a few facts,
1. He1 market cap todsy £52 million, hex market cap £20 million .
2, He1 have to raise minimum $6 million for their q3 planned EWT whilst HEX are fully funded for all operators this year.
3, the 27p being quoted is a target the chartist zak mir said by end of Msy. As with all chart predictions may take longer than that. But imho will be a lot higher than that come spud in q3.
4, HEX project has 4 wells already drilled on site looking for Petroleum but all had gas ( nitrogen) which is a clear indication of a working helium system. The location , helium Fairway already has helium discoveries and production.
Just a few facts there for you.