Member Info for ARahim

big ones are buying, small ones are jumping ship. it has to find a new level bellow warrants till things are more clear.

supposed to be today but it may be next week when dust settle.

shel comment
“We hope that this discovery puts to rest doubts about the hydrocarbon potential of Namibia and opens a new dawn in the country’s future prosperity.”

soon big fish start jumping in gbp pond. The splash will cover even derampers.

a last hour attach on gbp ha ha. Now the government discovered the environmental issues?? but when it was selling those licences it did not?? They are after your shares before gov announcement. This announcement it may come today and it may not come today. keep calm.

https://finance.yahoo.com/news/shell-betting-big-namibia-oil-003000678.html

traders are getting striped here. It is very thin volume and only MMs are taking advantage of this. you can hardly sell whey it is high and you can not buy either when it is low. MMs think they have time to play this game to get cheap share while keeping buyers out.

At current prices 88e is actually 62 times the value of gbp. speculation vs lack of info at the moment. Things will change when shell and total publish figures or the Namibian government confirm that.

Here we are with a major oil discovery coming true after being predicted by big oil companies. The small oversold companies in this area may have their say now.
https://www.prnewswire.com/news-releases/oil-sector-watching-namibia-for-the-next-giant-discovery-301417668.html

believers are in laity are out. The weekend is long and any sign of oil even in the shoes of those drilling chaps will spark havoc in the minds of traders. It will be a heavy weekend with the smell of oil all over the place.

Iamrich, can you back up your figures with references to RNSs and dates for people to see.

it appears to me MMs are keen to get as much as they can as cheap as they can but they don't want to sell cheap. they are gathering shares for the big day.

usually this practice shows huge orders being filled but only at end of trading day. Those using graphs for trading will be fleeced as they act on the graph movement which these tiny trades are designed to do. Usually there is a financial institution behind it..

someone is manipulating sp down with tiny trades while others are focusing on the Italian project to keep intentions away from Africa shore drills.

2:00 to close is day traders time to sell. Tomorrow they will come like mads. 2p tomorrow or more. it is still a punt but a very good one.

they are likely to replace the sale of existing share when sp was 0.75. Not significant by any means £15,000.00 worth of new shares. likely to be sold as well if sp stayed above 0.40p. someone is just fed up with waiting???

right to sell rights to buy at 3.5p when sp will be 0.3p. It will not work unless you sell them short.
sp will be 0.15p if they can raise 30m. for current sp at 3.5p they need to raise 700m to keep this price????

bybrook will bay back when it is sub penny. 0.3p may be given the 1/20 mcap to possible 30m cash raise.

current mcap = 15m. that is 1/20th of the future mcap after cash raise!! does people think they can raise 300m. Impossible! if they are successful in raising 30m sp should be 0.3p not 3p simple.

as usual there must be one crying in every bb. Why not in this one. Usually they are unsure of their investment strategy and seeking reaction from others to comfort themselves. It is a measurable individuals but they do exist as we see.
If we look at the drops from 1.30p to where we are now it only involves the lowest 10% share holders who have no problem making a loss 10% in the hope of baying back cheaper. the volume yesterday and the day before never exceeded 1% in the worst day. That tells you only short term traders are active.
first it dropped to 0.46p because traders are usually move 'clever' than the new investor and tend to deny him/here the right to sell at investment price or make a profit!!! Now those waiting for swift recovery are selling because they have no clue why they invested in the first place. today it is just 0.2% of share traded. Does this matter to real investors? No. The low volume means it will recover quickly when news hits.
In short sp does not matter if you believe the future is bright and the bank and MH are making the right decision as we are all in the same boat. If you do not believe in this better move and save as the Hussle of reading your drivel day in day out.