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Hi If anyone resposnds as you know it can only be taken at face vlaue. Has anyone been topping up, buying or sold and why. Said it before, all looks really good the fundamentals prospects/etc, but sP appears limp, why? Any thoughts on the Bod, there longer term track records etc? FYI, I hold not postion in this or any other SP at the mo but looking to to invest/gamble and looking at around 30p of poss may join in higher but need thoughts re this one pleae Many thanks
Some good news the other day may support the SP ATB DYOR http://www.lse.co.uk/ShareBrokerTips.asp?shareprice=EDR&share=egdon_resources
Thank you again Copout and W/back as I have been consdering other SP's in a new light with good info both of you gave me ATB
Cheers Woolyback - TBH I was still a bit confused but the poster Copout really helped out and because and you and him/her, learnt a lot, many thanks ATB
Hi Many thanks for that. You are the second poster here that has really given me new insight not just this SP but the others as well. I was really confused how people saw it as a benefit to the SP, and now I know. Best wishes and thanks again - will look at SP and other SP's with similar news is a new light ATB
Very impressive indeed, it may settle around these prices but these tupes of shares are news driven DYOR
No that is not what i said, they bought about 500k at half a penny, some type of incentive and sold about 300k at 35p-ish. What would have built confidence is if they had bought the half p ones and kept the 500k or so sold at 35p Thanks
Ok, just worked out what you said, sorry. Correct me if I'm wrong - 2 directors bought at half a penny one bought about 500k at half penny and sold about 300k at about 35p? Other did something similar, am I correct? Thank you ATB
I'd be gratful for a link please.
link http://www.lse.co.uk/DirectorsDeals.asp?shareprice=ALK&share=alkane_energy
Am I missing something? Why are'nt the deals you talk about on LSE 'Director Deals'?? From LSE 23/10/2014 Directors Deals for Alkane Energy (ALK) Trade Date Action Notifier Price Currency Amount Holding 07-Oct-14 Exercise of option Trade Notifier Information for Alkane Energy Neil Christopher O'Brien 0.5 GBX 620,625 1071840 07-Oct-14 Sell Trade Notifier Information for Alkane Energy Neil Christopher O'Brien 35.76 GBX 297,785 1071840 07-Oct-14 Exercise of option Trade Notifier Information for Alkane Energy Stephen Goalby 0.5 GBX 486,375 963361 07-Oct-14 Sell Trade Notifier Information for Alkane Energy Stephen Goalby 35.76 GBX 223,731 963361 30-Apr-14 Notification of Holding Trade Notifier Information for Alkane Energy Neil Christopher O'Brien 0 0 749000
Complete some research and refreshed my memory. IMO this is the reason, just look at the 4 trades by the 2 directors. If i was considering buying and saw that, I guess i'd think twice before any buys http://www.lse.co.uk/DirectorsDeals.asp?shareprice=ALK&share=alkane_energy DYOR, GL
Excellent question and one I could have easily been asking. IMO, something v strange re this SP looks fantastic on paper but SP appears to be bogged down. DYOR
Caution advised. Yes, dont thank me. I may move in if i get the chance to the lows reached a few days ago. GL some DYOR
thanks ==================== Egdon notes planning approval for Kiln Lane-1 well StockMarketWire.com Egdon Resources has noted a release by Europa Oil & Gas advising the granting of planning consent for the Kiln Lane-1 conventional exploration well in Lincolnshire licence PEDL181. Egdon holds a 25% interest. Europa as the operator of PEDL181 said it was "pleased to announce its proposal to drill the Kiln Lane conventional exploration well on licence PEDL 181 in East Lincolnshire has been approved by the planning committee at a meeting held today at Grimsby town hall. The approval is subject to the signing of a Section 106 agreement which is currently being finalised." At 4:18pm: (LON:EDR) Egdon Resources PLC share price was +2.88p at 18.5p Story provided by StockMarketWire.com
Volcano, tomorrow will be a test as the US makets ended lower by about 140 points. If the SP is higher or even stable tomorrow, not a bad thing. Apologies but I have a system for this SP and how it operates as use 7 criteria to determine SP moves, not perfected as yet as early days but within a couple of months, I am 99% cert I'd make money in this and the only way I wont is if there is unexpected bad news. ATB DOR
I've always had more faith in EDR than the other out - like i said got too greedy was tempted at 13p but thought woul get at 10p - but i would have been in and out by now (((Cheers LSE for Removing the clowns post)
You think you are a big man calling me "scum" the other day. Now you are implying I have mental health problems by suggesting I book myself into a "clinic." If others think that calling posters "Scum" and implying metal health is funny, then I do actually feel sorry for you lot and you are no better than this poster.
That will not help as power already sold according to WB I thing as he/she did a really good post. If markets correct selves this falls to around 30p or lower, 99% buy for mid to longer term - this co looks very promising but lost for words why it is at these prices. DYOR
As I said the other day, I am a fan of EDR more than the other quoted outfit. I am kicking myself for not buying arounf 13p as I felt it would touch 10p. Next time it hits 10-13p will 99% cert buy and sell quite quickly if profits but keep some for longer term rewards. With EDR I am with the brokers comments on this one, rarely do I agreed with brokers comments but this one yes. Like I said go to greedy as I di expect it to fall below 13p the way things were. IMO it will fall again not sure re 13-10p but if it does and no massive correction of markets or more bad news re fracking I will move in. GL - for the record I would not have fracking within 30 miles of my home given the choice but ready to take a punt to make money - the catain and their MO is fantastic and as i type, may even buy above 13p, but undecided