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Director buying RNS tomorrow I’m thinking
Million plus and change trade gone through, selling pressure off
Over reaction today given where iog initially costed commerciality at an historic gas price, and where gas price is today, let alone where it’s headed, when the national grids implementation of blackouts. Bought at 8.5
Going on previous performance in the NS no more drilling has to be a good thing, has repsol agreed that Tain extends into I3e NS discovery?
Seem to remember they said it didn’t originally, think there is however a ruling they must accommodate I3e if it does.
Anyway had a £10k top up just now 23.6 ish ex dividend soon.
I told the BB a couple of weeks ago the SP would come under pressure as Pello/Jarvis were closing hundreds of accounts, Ben was originally Pello’s deal, however, a FCA suspension meant they couldn’t bring it to market, so was handed to another broker.
This however didn’t stop their brokers recommending it to their clients who bought in heavily, right now the leveraged trades are being worked out on a pro rata basis, amongst the distressed leveraged clients, you saw them after close of trading yesterday, there were several over previous sessions, the good news is I believe it’s about done!
I have been a buyer sub 30, as it’s an artificial price created by Jarvis, who have caused a disorderly market in Ben stock, take advantage now imh.