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Sounds like there's lots of funding options and CF bought 250,000 shares today at 4p. Enough said... Let's get positive....lots of time to sort this out...and i'm thinking blue days coming starting tomorrow
Maybe some big Chinese institutions/ Companies will be interested in taking a stake especially as their country have placed advanced orders with Sirius ....6 months ......a lot can develope here yet....any sniff of a decent funding arrangement and the share price would ??
In my opinion this share has unfortunately now become a very HIGH RISK investment, controlled daily, largely by institutional automatic algorithm trading systems . Yes on positive news on the bond sale instant 15p.......but on unsatisfactory outcomes .....could see instant crash to 7p again.
Loads of shares in my watchlist saying suspension... Lloyd's metro bank etc
Don't think so....finished strong into close of business yesterday...fully expect it to open strong this morning...and back up to at least 11.50 /12p... Fill your boots at these low levels .
Investor's all afternoon snapping up panic sells and stop losses triggered sells...at 7p range....only when day traders pulled out between 3.30 and 4.15 did it drop suddenly to just under 5p ....then recovered in last 10 mins to buys of , 5.5p going through....maybe many that were stopped out on Friday will want back in on Monday.. who knows maybe a spike up
At whatever the SP is at that time, whether it's 2,3,4 or 5p there will be a strong reversal upwards. for any new investor's it would present a great buying opportunity.
Angus has a DRIBBLER (Lindsey)...a SLUGGER (Balcolme)..a WASHOUT (BROCKHAM)...and now also an old FART (Saltfleetby)....This company appears to survive purely on placings.....any future fund raise would have to be sub 1p to get it done.
And in reply to Alan207....I carnt for the life of me believe that you still think that nothing as changed since last year,and you keep referring back to my earlier more positive posts on Angus....well that was then and my recent comments refer to the present situation... Everything changed, we expected oil to flow from Brockham,it didn't, we instead got a water problem, long delay and uncertainty,more shares in issue,boardroom squabbles, P Vonk stepped down,sentient and trust in the company eroded away along with it the share price.stop trying to discredit what I post on here just because it doesn't suit your agenda
Sorry to disappoint you but I don't have any interest in ukog. I'm an investor in Angus and I think I give a realistic viewpoint on the current SP valuation based on the fundamentals of the company and what little oil it is actually producing at this moment in time .
Don't disagree with what you've just posted... And many Aim companies including Angs survive on raising funds through dilutive Placings and don't earn much in production revenue ...until they prove up to the market what the flow rates are and remove the uncertainty the SP is where it is.