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if you look at THALs website, you'll see they have been growing exponentially with new contracts on a regular basis. A couple more contracts in the offing doesn't sound improbable but who knows? The fact the latest contract with Statoil has been precursored by a letter of intent leads me to believe this is major. The SP has been growing steadily and even without this big contract, would probably have reached the current SP in a reasonable time therefore I can sleep comfortably until the real profits come. £2 to £2.50 could well come this year, fingers crossed. DYOR and GLA
The 'momentary'drop has given new investors the chance to get on board so there will be more people that ever chasing the 'few' shares available. 15% drop against the 140%+ rise yesterday is not bad at all. Wouldn't be surprised to see a blue finish.
Already got my buy limit orders in place and hoping for the same thing. I just have the feeling it isn't going to happen. A lot depends on whether that final big 'sell' was actually a sell or indeed a buy. If it was a sell, there must be a big buy order waiting, otherwise they wouldn't have sold at that price. If it was a buy, there'll be a shortage of shares this morning and it was difficult enough, at times, to buy decent amounts yesterday. Noticed a few buys for 100 shares at a time yesterday, maybe that was one way round it! DYOR and GLA
I think that was a close price buy. I believe there was a buy at 165p followed by a sell at 163p which brought down the buy price to 164.58 this being the close price at which the close buy price was made. If the above is true, expect the SP to open higher in the morning. as always this is IMHO, draw your own conclusions. 27-Feb-1316:30:50164.58200,000Sell* 163.00167.00329.16kO 27-Feb-1316:29:39163.001,136Sell* 163.00167.001,852O 27-Feb-1316:29:31165.001,081 163.00167.001,784O