Member Info for balancedviewer

Yanis, imagine if that was a director buy, it would cause the SP to rocket.

Is it one person selling to one other individual ?

I did mention borrowing shares earlier and replace at a later date.

Yanis, go on I admit it it's me lol!

stockbob lol, i'm sure GL knows how the markets work with 30 years experience, he's looking long term not short term to please the day traders on here.

HITS, it's not the amount of free food is given away, but who may turn up at the party. Angus gave 1% away to Doriemus for Lidsey, but their share isn't anywhere near that now.

Tygra, I suspect the SP will be back to where it started by Friday, usually a big drop followed by a nice bounce over the next few days imo.

steven19, even with gas prices dropping slightly Angus will still have more income than before the deal, but if they increase back to 200p that's as good as 400p to the Angus 51% origional share in theory.

Octane, i'm just going on GL's comments but why are you answering the question aimed at HITS.

HITS, I see you have gone quiet about breaking and countering the Hedge in the opposite direction ?

stockbob, 2 weeks late but twice the income makes no difference, but any resources upgraded to reserves will all now go to Angus now.

Octane, I've noticed the SP drops on dilution news but not on the day of shares issued.

Octane, only traders suffer pain.

neogeo. I'm not because I would be averaging up now.

77m shares churned through at noon.

Yanis , with Angus owning 100% they will get any uplift of any resources upgraded to reserves in the future.

I presume shares can be" borrowed to sell on" and be replaced at a later date ?

Yanis, not temped to top up mate!

HITS, you never mention that the Hedge can be broken and a new one set up in the opposite direction, this deal has reduced the Hedge but can be reduced again later when the timing is right. I'm sure GL will explain the ins and outs shortly, but it's no use to you being an outcast who needs to get a life!

baits, you wouldn't buy a bigger stake without having the confidence it will produce accordingly. The same goes for Lidsey and Brockham, so we should expect good news on the oil front as well.