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It does look like there is a buy order for 500K at 31P
Depth 17
12:26 4,000 34.3
12:26 8,248 34.3
11:45 6,972 34.25
10:04 15,000 34.2
07:50 SING 10,000 34
08:22 WINS 10,000 34
10:46 2,932 34
10:03 7,744 33.9
07:50 JBER 10,000 33
07:55 PEEL 10,000 33
12:26 SCAP 10,000 32.25
12:29 INV. 10,000 32.25
12:29 MREX 10,000 32.25
07:50 1,550 32
08:02 4,047 32
10:24 500,000 31
07:50 200 30
Just gone through....
14:49:23 81.00 205,945 166.82k O
Spread currently very high with nobody wants to sell low and people waiting for lower price to buy in. What is going to win... Patience or FOMO ?? My bets are on FOMO !
Looking at the price movement this morning it appears some big sell is going trough. This will probably go lower today. DYOR
People buy and sell..... isn't this what stock market is about. Nothing goes up in a straight line. Patience required.
https://www.bbc.co.uk/news/business-61139483
This might drive people to the cinema to watch new releases....
https://www.cnbc.com/2022/04/18/natural-gas-surges-to-highest-level-since-2008-as-russias-war-upends-energy-markets.html
Current price trend looks more in favour of alternative gas source ( FRACKING!). Government needs to do something to help the country to afford the heating. Some will soon be priced out of heating and facing Heating or Eating dilemma. Very challenging times.
https://www.geplus.co.uk/news/bgs-to-conduct-scientific-review-of-fracking-13-04-2022/
Let's hope it is just a formality....
Correction 36.45
Looking at activity of buys it looks as if someone has some more knowledge. Big buy just gone through at 36.90 .
It looks to be a good day. Sizable buys going through....
https://www.thetimes.co.uk/article/jim-ratcliffe-we-ll-prove-fracking-s-safe-says-ineos-ckkhfpntk
Just gone through. Price should rise now. Don't understand why would anyone else sell at this levels. Nothing changed with the exception of GAS prices going up....
10:44:26 35.4636 100,000 35.46k O
https://www.plume2022itv.com/news/granada/2022-04-07/conservative-mps-suggest-easing-of-planning-laws-to-allow-fracking-to-go
There might be an incentive where gas is cheaper to residents within some distance of fracking. Same as wind turbine energy scheme.
There must be a reason for govemenrnt ordering study on fracking now after it has been banned couple of years ago. There is a clearly good probability there might be an option where fracking is permitted under certain conditions. IGAS has fields in midlands which are much flatter and should not be an issue when it comes to seismic activity and therefore might be an option to explore fracking. With current gas prices increase and another on on the horizon in October country need more gas until it is fully transitioned to renewable (FACT). If everyone was against fracking it there would simply be no review. Gas prices are also at their highest since 2008!
Very late release of RNS and unusual.
I wonder if people will start to take profit out soon. Volume slowed and trades are smaller. This have seen some massive rise over last few days....
Looking at the recent trades it would indicate there is a BIG buy being filled at the moment. Wonder if we will get TR1 at some point. I think some delay trades will show later when market is closed. Good to see confidence returning. There has been some great results recently with bright outlook in the future.
This looks very good for significant raise today.... look at the numbers .... wow!