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And what did somebody make yesterday with a million shares?
If you hold a million shares you've dropped £10k today - as WOS says - be happy!
I avg down then.!
Just topped up myself. I suspect a big seller in the background as all the recent 4.83 / 4.825 trades showing as sells were buys. Previous 29 trades to that were buys. Share price falling. Bonkers, but this is AIM! Fundamentals so strong after LP news.
I’m going to sound like iamrich and WOS here, but we were 50% higher than this just a matter of weeks ago on no news.
These markets… they’ll make a monkey out of you…
Currently up 22% on Weds close.
I said earlier that there's a gap down to 4p and it looks like the market is trying to close it.
Once closed it'll be on the up.
I’m seeing the overall rise far less than that! 15% of this mornings open is far greater than 15% of yesterdays I’d say we are looking around a 25% overall increase which is quite laughable
I think its just ended up at awkward timing
if LP had landed 6+ weeks ago I think SP would be a lot higher than it is now
as it is with velo TD due within ~7days, I suspect a lot of people are waiting for that before buying in
regardless of duster or strike I think there will be a lot of buying after that
Well this one has me a bit stumped.
My best guess… a large seller in the background with perhaps a stringent investment process in place where they were to sell on LP approval?!
V1 duster would be a bit disappointing but not unexpected and I can’t believe we are fully valued even without it. And cash raises/dilution? Well how much dilution would we be talking about?… not enough to mean we should be down in the 4p range post LP. All IMO. I’ll be letting the dust settle over the weekend, see what happens Monday and debate another top up then.
...150k added @4.85.... a gift indeed
So overall rise from news yesterday is 35% that’s crazy. I think this has been dropped to fill a big order.
Thanks for that - very reassuring!
Mmafr, unlikely that news of V1 drill is leaked early, unless drilling is several days ahead of schedule. I believe that they have to drill through very hard granite to reach oil reservoir, so won't know until they reach 1500 metres.
MATD spent millions checking the ground it's not like we just put a pin on the Map Blindfolded .... I think we have better odd's than the Market is leading to
//This has been fun to watch//
Our main aim is to entertain!
And she's ..offff!
This has been fun to watch
I very much doubt that mmafr. Price was tanking before LP news. A lot of people thought it wouldn’t be delivered. Then suddenly it happens. MB runs a tight ship…no leaks. V1 May already be gushing. Wait for RNS. GLA
Mr mmafr
Value multiple of price without V1. Think some people take bit profit & hope it go lower.
But like HEADER say ;)
Could the sharp decline in stock price on high volume possibly indicate a leak in V1? I can't explain it otherwise, especially after yesterday's great PR. If that's the case, we should expect a press release either by the end of the trading day or on Monday morning. Nevertheless, PM's future looks more than promising since yesterday, and the main risk is definitely gone!
Think some LTH say lot caught out before with sane price pattern.
This time even more solid Fundamental foundation with main derisking through land access given.
Lots will be watching for Entry / Re-Entry
Watch for Hard Bounce / Breakout
Header say be careful. This happen plenty of time before & Fundamental support much higher price ;)
Overcorrection territory now.
News yesterday was they've waited years for.
//BP - out of interest, where do you see SP plateauing at in the short term?//
Honestly I have absolutely no idea. I think 7 or 8p would be great with or without V being a success.
This share price/MCAP is a joke now. 33 million barrels of oil, worth around $2.5 billion.