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Not if, but when Brent is back at $60 what will Hur SP be?
Once in a lifetime opportunity to get in oil stocks so low I reckon imo
GLA
MMs fishing for shares here. Hold on to them and don’t let them close shorts on the cheap.
Squuueeeeezzzzeeee, shorts are burning!!
I agree, Hur has been kept too low for too long now. It should be trading 5-6p regions given how poo has recovered nicely and positive vaccine news.
A big catch up due!!
GLA
More great news on the Oxford vaccine.
We should see another big market surge on regulatory approval of a vaccine, so imo $50 oil will be breached.
These levels could be gone for dust if we get good news on Wednesday.
Given that oil for the 2nd half of the year has been at a better price than most thought I’d say we Will get better than expected results.
Close those shorts! The upward bull charge is about to start imo
GLA
Its all coming together nicely!
$50 oil seems only around the corner, hugely undervalued here.
The volume traded here is immense, its trading like a FTSE 100 company. I think there is someone accumulating here, it cant just be P.I's buying this.
Time will tell, bring on the TR-1s.
This will fly
£60M funding RNS
Given the huge amount of selling that has taken place, this should bounce nicely!!
Yes, great news! The start of the news flow.
25.2p paid!!!
A perfect storm is brewing here, 30,40,50p could come much sooner than people think!!
Just went vertical!
Looking strong again! Good week ahead all Good luck
Ha...I wish 45p, I mean 0.45p
Well one thing is for sure, the buying has continued. LSE reporting them as sells but everything at 45p is a buy
GLA
Going blue very soon, FTSE almost green and oil bouncing back!
I think Argentina have been one of the the toughest countries in the world regarding lockdown, thankfully though the borders opened up on 27th October to neighbouring countries.
Hopefully meaning contractors have been able to get into the country and resume operations.
https://brazilian.report/coronavirus-brazil-live-blog/2020/10/27/argentina-reopens-borders-after-seven-months/
I agree on the news flow being poor, regarding director buys I'm not sure the market would appreciate them buying so low down here. Especially that it has fallen so low. Think Martins last purchase was in the 4p range.
Also are they able to buy? or are they in a closed period due to them being mid drill?
Lets get back over 1p then the directors can buy imo