Member Info for Charlie1984

CawCaw it is possible to forward sell shares prior to a placing.
Rather than dumping X amount in one go you will see smaller (large) trades going through.
This is a way of getting the placing away without dropping the SP/MC (to much).
With the RNS earlier this week and giving the market sentiment would have been a ideal way to dump shares into the rise.
What you will find is that the broker will be looking at receiving the placing shares at a moving 5 day average unless it was a fixed placing amount.
They will look to offload IMO in this range as this is were they will be making their markup.
This happens a lot throughout the markets and why sometimes the time the shares are forward sold and the placing RNS RNSed you see a spike.
We could possibly see a natural progression/rise of the SP as the placing shares dry up, the MM will allow it to move up, then it will climb again on the back of the RNS as shares are sold and company has cash in the bank.
The hope from here is that we receive updates on the Licensing and this will really breakout.
What ever what you look at it it’s a fantastic opportunity to load up, (see my posting history for SP forecasts by CEO in next 12-18months).

Placing looks like it’s been in the sausage machine for weeks on potentially worked. Cannt imagine there is much left to churn, once completed this will fly.
Game-changing acquisition

· 31.1 million Barrel of Oil Equivalent ("BOE") of Proved and Probable Reserves

· Two operated oil fields in Wyoming, at start of their 40+ year life

· ROI over 50% with $2.18/bbl acquisition cost vs a value of $7.52/bbl at NPV (10%)

Current production rate of 1,400 bbls/d (gross) rising to 5,000 bbls/d (gross) in 2022 and c.7,000 bbls/d (gross) in 2026 (2P reserve case, Ryder Scott Report).

Produced crude oil is light (40°API) and sweet.

CEO explains the lottery ticket, this being a 10:1 on current MC with a projected MC by next year of 150-170m x10 current MC.
This prediction is without Nigerian Gov issuing licence sp could be looking minimum 15-20p within 12-18 months

https://m.youtube.com/watch?v=5DWkSLtCac4

Watch this MC should be 10x our current one on our mew asset.

No more to say apiary from watch and DYOR ! Gla

Was it FCAP who worked those large trades yesterday ????

There is a strong stance by the government to tap into oil supplies and reserves.
The government to date have been a little slow to issue licensing.However, it is now critical that they issue licensing to tap into its wealth before its to late.
Too late? The world is looking to greener more economical and efficient way to power vehicles, reducing carbon foot prints with the view and aim to become carbon neutral.
The worry for them is that the reserves if not tapped into will become just that untapped as it will not be financially viable due to reduced demand as we go green in years to come.
Is imo that we should see very soon the issuing of licensing and this will explode.
Everything is a little slow with Covid - 19 and the only know reason for delays, as restrictions ease and a vaccine is introduced the global market needs to shift back into full gear.
There is a lot of dept produced from this pandemic and governments will look to re coop as much money as quickly as possible!
Issuing of licensing and making on export tax is a easy way to do this.
Sign off imminently and personally expecting it to drop out the blue and catch a lot off guard - GLA

Brent crude continues its upward trend $51.80

https://oilprice.com/

Wouldn’t- should be *WOULD HAVE THOUGHT the 3 x 25m trades are buys it’s hard to tell with the 70m

Just trying to work these large trades out, I talked about large orders being filled yesterday.

We have 3x 25m @ 0.25 cost £62.50k each. Total £187.50k
(Times: 16:46:08 , 16:55:35 & 17:30:23)
1 x70m @ £161k (time 16:48:38)

The time stamps are all out of hours when the market had closed, looking at those prices - 70m was bang on the BID and 3x 25m (75m) on the share price.

I wouldn’t have thought that the 3 x 25m are buys all day long
The 70m has that order been filled from earlier on in the day before the SP climbed or was it sold on the initial spike due to its positioning its hard to tell.

What is interesting is either a big seller is out and the sell was counteracted by 3 x25m buys or they are all buys and we have a big background buyer. 145m shares in 4 trades is a sizeable chunk of the total number of shares in issue.

Regardless whether the SP was held back for the orders to be filled or sell worked there isn’t anything else holding us back, sentiment is returning.
Yesterday's RNS is additional positive news, still licensing update news due.
Either way breaks should be off, if we have volume today expect a blue day, the aim for me is to have a few good days on the leader board getting noticed which will in turn help sentiment return.

There are a few that mention going long / short on AIM. Apparently not all stock is covered. Never tried myself but there are a few that do.

https://www.asktraders.com/analysis/copl-shares-surge-76-8-on-atomic-oil-gas-llc-acquisition/

Hoping for bags decent explanation

There is a buy price, bid price and share price if there is a open spread the buy prices can be categorised as a sell.
The computer doesn’t generate a buy or sell on what it is but a buy or sell on the price, if a buy price is closer to the bid it will be classed as a sell.
You will find it happens a lot with a wider spread.

I often find when the MM want to show a sea of red they will open the spread to show both nuts and sells and all sells. This scares PIs into selling and helps them of they are accumulating or filling ordered.

Positive out of the blue, unexpected RNS with licensing update still due anytime.
Lots to play for here and 2021 Q1 is going to be exciting imo - GLA

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Happy to continue to add and hold here. Fantastic news today and completely out of the blue. Not long ago this was trading at 0.5-0.6p range. Shouldn’t take much to get back there IMO A little bit of games and usual tactics by MM, the vast majority of trades red all day, posting sells from the 15th December then cancelling them to give the impression of a mass sell off. Further more as per my earlier post they are taking larger trades 1-2m+ (buys) and filling them by tree shaking via a number of ways, sea of red to scare PIs into selling, posting old sell trades to try pull down the SP and hit stop losses. I wouldn’t be surprised if we see a number of 10m + trades appear later this afternoon or out of hours as this can be the only reason for the MM holding this back. Either that or they are accumulating as many as they can for when the TSX opened at 14:30 hrs. This RNS want expected, news still due and could land anytime wouldn’t be surprised to see a update this week or early next.

Unfortunately the system doesn’t log trades as a buy or a sell, the buy or sell indicator is issued by the trade price. So can be frustrating but not actually a signal to what is happening sometimes

It’s the spread on the mid and share price buys can be close to the mid so can show as sells like wise is a seller is given a higher price for their shares close the the actual share price it can show as a buy

Yes Canadian market opens 14:30 going to be a lively afternoon - GLA

MM no showing sells then cancelling them to show red on the board don’t be caught out they are trying to create a see of red to scare pis into selling, delayed trades sat in the background need filling don’t sell on the cheap GLA

It’s MM manipulation, they are showing sells to do a tree shake as they have orders to fill.

I know this as I have had a couple of large pop is one at 9.13 for £5.5k which isn’t showing - 2,114,223

So MM taking orders then trying a shake to fill them this is a false drop if your selling it’s working if you hold they will need to let it go to get the shares they need ......... hold on big trades need filling!!!