The latest Investing Matters Podcast episode featuring financial educator and author Jared Dillian has been released. Listen here.
Looks like we should be out of the doldrums soon - "Air France has resumed limited flights between Paris, Yaoundé and Douala." Off the UK Gov website.
Also, has anyone else noticed we have another MM (PMUR) on our L2 order book (now 6 MM's) do they know something that we don't...behind the scenes?
ATB
Probably some anal PR person trying to justify their salary....not much to say..so punt some drivel that we've all known and heard for the last 9 months..
Just my 'observations' and 'my opinion only' using L2 and watching the spread gives you a good indication whether to 'buy/sell'. IMO when the spread goes high, the MM's have probably got other (more financially viable for them to deal with) shares. So hence (again IMO) it's a good time to buy, if you notice large buys 1/2M+ doesn't affect the SP, only when the MM's alarms ring they will be back on the case.
Well that's my take on the whole shenanigans :)
ATB
Try a 'dummy' buy. The price you'll get will be circa (very close to) 0.311
The spread (being so wide ~ 25%) makes it difficult for the 'computed algorithm' to accurately display the true 'buy/sell' value.
Consequently a 'dummy' sell will be circa ~ 0.287
ATB
Gings.... it been a while.... however not long to go now. "The first payment into escrow is now expected in late July or first half of August".
Looks like TRP funding is in the bag..(coming from Asher's own company 'Pegasus Petroleum Ltd').
Looking on UK Gov wedsite: Re-Cameroon - foreign travel restrictions have been lifted (although 2 week quarantine on return) so I can't see the issue with start-up of operations... As everyone (in the industry knows that) all 'offshore workers' get paid leave after their trip...OK in the current circumstances they have to stay at home..but I can't see the CV-19 issue delaying operations anymore...
Please correct me if I'm wrong...
Unlikely he reads this BB but.... C'mon Asher, get your finger out of your ass.... get things moving FFS....
ATB
Interesting article. Would tie in nicely with NJOM-3 production target and might explain the recent interests by O&G majors in the Namibian basin ;)
https://www.rigzone.com/news/wire/opec_projects_2021_surge_in_crude_demand-14-jul-2020-162715-article/
ATB
EUA
Thought I'd have a cheeky punt 8yrs ago...
14 Aug 2012
BUY EUA
161,169
0.61p
£1,000.00
:(
Apologies guys, AB, Bishop,OB etal... Was a bit of an extended 'memorial' session the other day...we tend to get a bit 'blootered' on these occasions (another word for our resident 'Kiwi' :)
Anyway, bit of a brutal drop on 'effectively' 3 trades.... Do the MM's know something we don't?
Intriguing...(especially with the recent large buys??)
ATB