I have just been on iWeb and the asking price for 25,000 was 3.875 and the bid price for 50,000 was 3.87. I haven't seen a sell price higher than a buy before so I am wondering if this indicate a large buy might be coming? You will probably appreciate I am relatively new to all this!
Don't worry, I have no intention of selling! I have held this share for nearly 6 years and I still believe it will come good one day (just not sure how long I will have to wait!!). I am also a firm supporter of Peter Levine having spoken to him several times at AGMs.
I have been a share holder since early 2014 (when the share price was over 30p!) and, being a novice in the oil/gas sector, I have followed this discussion platform with interest. I have learnt a great deal from some of the regular contributors (many thanks), and this, combined with attended all the AGMs where PL and RS very kindly took time to talk to me and further my knowledge, has given me great confidence in this company and the board.
There has been a definite change in strategy over the last couple of years with more emphasis on production and now gas. 2018 was a perfect example of this as is today's RNS.
I do think the Board listened to what was said at the last 2 AGMs and are making much more effort to communicate the company strategy to PIs - drinks with the management last year being a perfect example as is the FAQs on the website and the phone-ins.
By the way all the red showing on the trades is rubbish. My trading platform has had 7p as the buying price since last Thursday when I bought some more so anything above that is a definite buy. Price has moved to 7.35p this morning with a sell at 6.5p.
I am more excited about the future of this company than ever before and as I've waited this long and lived through the highs and extreme lows of Paraguay I am not going to give up on it now. We need to give the board time to achieve what this RNS promises. Roll on the end of the year!