Charles Jillings, CEO of Utilico, energized by strong economic momentum across Latin America. Watch the video here.
Rubbish post
""The big question is how much and judging by the huge buys going through today, someone knows its shed loads.""
Noone knows how much oil or if indeed it will flow
This is just another blatant ramp which will not fool the experienced investor
yes, with trading stopped it is likely when reopened the sp will crash and the small people will again loose out
However just shows what can happen when there is coordinated support for a share, trouble is you may be able to drive it up but then what if the fundamentals cannot support the sp
so PMG have just bought some 23M shares
well thats a vote of confidence hence the rise today
I Think IPO Coming??
BUT
seems like 2p/share
For Tally, 2021 is full of expectation, from product development and crowdfunding, to increasing customers and business growth, to making tally® available in other jurisdiction(s) and completing an IPO as part of our mission for the democratisation of money. I would like to thank all of our team at Tally for their commitment and efforts throughout 2020, and others involved in helping Tally reach this stage. I'd also like to thank shareholders for their ongoing patience during a difficult year to hold shares that are not readily tradeable, and I wish everyone a healthy and happy and prosperous new year."
From todays RNS:
and so the sp crashes over 30%--where on earth are the positives from here at present
It should be noted that there is a risk of dilution to existing shareholders from a possible restructuring and/or partial equitisation of the convertible bonds. Furthermore, if no agreement can be reached with the Company's stakeholders on additional investment, further development activity at Lancaster might not be possible. In such a scenario, Lancaster could continue to produce from existing wells before reaching the economic limit, the timing of which would depend on oil prices, actual production levels delivered and the level of cost savings achievable. The field may then be decommissioned, with potentially limited or no value returned to shareholders. Notwithstanding these risks, the Company will endeavour to secure the best possible outcome for all stakeholders.
also UKOG and JSE modest 4 % rises
seems to me the impressive thing today is that there were not many large trades pushing this up-look what hapened in ;ast 5 mins of trading when sp went from 4,74 to 5 with the largest buy being 100K shares
so for me this says something else is going on here-some big news coming and many of you have guessed the options so we await the next RNS with great anticipation