The latest Investing Matters Podcast with Jean Roche, Co-Manager of Schroder UK Mid Cap Investment Trust has just been released. Listen here.
Haway Harry man. !! I thought you were gonna be in good fettle.
I think we all expected a better update than we received Thursday - we know that settled a few nerves anyway, but YES it would be nice to learn more - NO it would not cause a tank if nothing in the morning.
Should there be any surprises in the presentation - it will do good or bad - but I do not see any tanking going on.
Stay safe all - 57 days until 15th December. Add another 10 for that other thing we know about. I have to say I am more excited about the earlier occasion of course. ;@)
To the average man in the street, 1,000,000 or multiples thereof showing as a sale would be huge.
However, a number of posters on here, appear to have a lot more than that - some with that in a trading account.
Whilst I do not profess to own multiple millions, I do not see the figures mooted as anything out of the ordinary.
Again - they are impressive singular trades for anyone looking in with fresh eyes.
I will not hold my breath for a morning RNS as we have been here before - here is a little something to ponder upon : -
https://antidotesforchimps.com/2018/10/19/the-trouble-with-expectations/
P$ - hopefully Eytan will be full of vigour tomorrow as he will need to keep the after lunch lot on their toes - hopefully we will get a juicy RNS between now and the presentation.
As for large buys, there have been a couple of sales too.
Current volumes Buys 3,869,575 vs Sales 3,354,507
Current buys at 2.529
Current sells at 2.475
Nothings fiery about the current trading as yet - I would hope no one gets too excited presently.
Presentation tomorrow may yield us some further positivity and who knows whether an RNS may be presented to us die hards beforehand.
Will take as long as it takes to break through all the levels. Not long from arriving to get to the first layer broken through, though we are looking at several levels and need to see if there are any issues - got to be extremely careful. I imagine initial results will be mid to late January. Though we do have industry posters here at the moment who would know better.
harel - not sure you read yesterday's RNS
"Further to the US$12 million equity placing as announced on 1 October 2020 (the "Placing"), the Board, having consulted with the Company's relevant advisers, has determined that the initial exploration well is fully funded per the established criteria. "
Reading through the RNS again, it is very much centred around renumeration for deferred salary - only payable when there is the means either via a farm-in or by cash in the bank.
What interests me was the cash payment to Mr P. - now don't get me wrong - flying business class to Sydney every few months will not be cheap, however, I doubt he would be in need of such an injection of cash into his personal account at this juncture.
Purely speculative suggestion is that there is a plan ? which has allowed him to take the cash from the coffers and it was merely a nod to us all that this is the case. I started this paragraph with purely speculative.
I am sure we will find out tomorrow if that may be the case. Stay safe all ;@)
Not usually one for guesstimate type games, though in the spirit of goodwill and all - 7.25p
smalltrader - I think you would need to subscribe to a feed from one or more of any satellites orbiting the specific area - however, they would not be able to tell you much, if anything.
tom - today's trades were tiny in the big scheme of things. With 3,408.2m of shares in issue presently the under 20 million traded today make up only only a fraction of 1% so it makes not a ha'peth of difference that the majority were marked as sales.
If there is suddenly the 100's of millions being sold with much less buys then by all means allow your heart to flutter.
Just in my opinion of course.
Stay safe all ;@)
Noted the several posts this morning and it seems most folk are just very early risers, are in a different time zone or just plain and simply suffering with insomnia. ;@)
I hope everyone is well and not blighted by the current mess around the pandemic. Exciting times for holders of BPC whether long termers or otherwise.
It is surely time for us to receive a steady positive boost to the SP and hopefully we will receive some news to assist with this.
Nothing more to add with regards to research, I think we have some great information being posted, historic data, technicals from those involved in drilling and trade analysis.
Fingers crossed for a good week for us all. Stay safe ;@)
That is quite horrifying really - total devastation indeed. Noted the not for broadcast watermark on the video and perhaps in order not to panic the people any further. Let us hope that does not happen again.
Why is that? Anyone care to enlighten me?
Prospect- A nice, and perhaps timely reminder of why most of us are still here ;@) Stay safe all.
....but for a measly 38 shares.
222 2.6 38 timed at 10:33:39
..I hope to see the figures higher today and stay there.
Stu - Borrelli has left - the company assets were given away - there is little to no value in the shares that we hold.
Colin Bird is the man taking over and looking to refloat, however, no one really knows.
Please review the below url and then the post by BringMyReward from Tuesday at 1024 : -
https://www.lse.co.uk/profiles/bmrwatch/
excuse my previous spelling of consolidation. Should have checked before sending. ;@)
Consolodation ?
I had been thinking we have an awful lot of shares in issue, however, comparing our measly 3.4 billion to the likes of another oil company with a similar ticker - BP - they have 20,264,386,728 in issue and they sit comfortably at £2.16 pence.
Of course this is like comparing apples and pears in our current form.
I had experience of another oil company doing a 25:1 consolidation.