Member Info for aimofthegame6

Nothing. Just the last few days it dipped at 10:30.. rallied to 1:30 then came off sharply.

You're definitely right Jimmy. At 15p with bonds confirmed to be working on that was the correct share price too, and down here at 8/9/10p with the potential for the company running out of cash and possibly admin if they don't get it sorted within five weeks that downside is now here too.

Exact same trading pattern as yesterday, let's see what happens at 10:30 this time round..

Don't blame you there Shangrla. This IMO has been a massive avoid since they sold off everything last year for a minimal cash payment.. what was the share price then something like 17p?

Haven't been able to short this for weeks tbf. Same as Burford etc

IG won't let me short because there's too much out already and they know the price is going to get wiped out in any deal. Go on then Amers. Monday 19p and I'll delete my account, under 19p and you delete yours. Deal?

What a ridiculous comment lol 19p on Monday alright then

Based on what evidence? lol

I feel for you. The CEO just spends all her salary down the pub most likely, in several years they've just raised money time and time again and done absolutely nothing except for the 2017 spike. In June 2018 they raised that money at 1.6p with Novum claiming it would see them through the next phases of trials, few months later another raise and no trials in site. The company is a scam, it's just a lifestyle for the CEO - everyone in the game knows it. The brokers know it. The unlucky investors getting involved in the placings don't know it. Beaufort investors did it every four months and finally if you held on you got lucky and they went from 0.9p to 9p but even for some that was break-even.

I met the CEO a few months back - decent report and it all looked good. The one take-away from the meeting was that I thought the wells would fail, or that Petra China would sit back and wait for the licence to expire and then just take over the asset for free. I didn't think the drop would come due to Government issues .. that's a new one. Genuinely thought that the share would go from 5 to 9p on anticipation of the drills, find a duster and then go back again .. but with suspension of drilling over other issues that's even surprised me ..

Except for derampers of shares like Debenhams (admin) Motif Bio (45p to 3p) Thomas Cook (30p to 7p) no?

Literally every purchase has been a buy, offered at the bid the whole way down

Already dropped it from 1.45 down to 1.2p then within minutes 1.7 offered

.

The buying seems to stop around 5.8/5.9p.

Huge worked buy orders going on there after hours by the looks of it.

Got to 6p then stuck .. once again .. don't know what it is at that level that seems to stop people buying!! 18% spread now .. let's see what happens

Always seems to get stuck around 5.5/6p and find sellers.. maybe this time round will be different

Announced .. does anyone think that the rally of the last few days was because people were all made inside? Think about it .. huge drop to 97 on big selling volumes (funds?) they then get made inside of a placing so can’t sell any more shares, everyone else buys in and with lack of these sellers the share goes crazy .. just a thought

Yep that $40,000 will get us much closer to 0.2p share price now ..