Member Info for ChazC

IMO, It appears that someone/multiple people are confident about the RTO. A lot of buying.

I believe excitement around the sector being targeted for the RTO and the subsequent links to CBD companies. I would expect to see something similar if they announce another exciting sector. The risk is there but no value attributed to this at the moment.

It's priced below the value of the listing, RTO news in popular sector could see it well above 4p FTH imho.

Nice to be back on the radar...

IMO they either have a suspicion of the direction of the next RTO or simply realise that we are very undervalued based on the listing alone? Definitely gives me confidence and I'm pleased I averaged down.

Averaged down nicely and hoping for a new direction to be announced shortly, TR1 is interesting.

If it's trading well below the value of a listing then I'm happy to continue to average down.

A lot of people have bought in at much higher levels so the ones who desperately wanted to sell are likely already gone. If the BOD outlines a new strategy and potential RTO in a good sector hopefully we re rate quickly with stock in sticky hands. Come on BOD.

I am, absolutely.

no it hasn't and always winning wasn't happy with 2p.

Is it automatically 3.85?

what are you talking about? Oil and Gas..

To say otherwise given where it sits with the infrastructure around it just isn't credible. A lot of desperation in the de rampers now, first of all they claimed B was a 'duster' then we get the huge results in. Now they have moved on to ' it won't flow commercially' when EWT is complete and proves it flows as the short A test has nodded towards they will say ' no one is interested in a buyout' then when the offer is made they will say ' it will fall through because of x,y and z'. Then the buyout will complete and we won't hear from them every again. oh how i look forward to that day. All IMHO, good luck all and don't spend too much time trolling a share you don't hold, it is Christmas after all.

I agree with Doria, 0.1 coming in the near future as people realise what value there is in other oil companies who don’t have the UKOG history. UJO, RBD, ECO to name a few. GLA

Apologies i have my thoughts the wrong way round, if someone has bet long on their platform then they will likely BUY in the market to hedge the amount the individual can win with the bet. So this actually tells me that someone is buying a chunk via spread bet. I'm not aware of SB companies taking prop positions in the expectation of good news.

Sorry but i'm not sure you understand the model. A spread bet does not affect the share price of as it is a contract between yourself and the spread betting provider. ... However, the fact is that if a spread betting firm doesn't hedge your bet in the wider market, then they stand to win when you lose and lose when you win. This is the company hedging the positions on their platform.

So you are saying you think SB platforms take positions in all micro caps in case they blow up with good news? That's just not credible.

Must be buying a position to offset the shorts on their platform? that's quite a short position if so. Good news on 201 or anything else could crush them.

Last year, if people want to taking profits while they wait for the rig it's up to them. I doubt they will be getting in any cheaper and i intend to keep adding. So glad we are finally nearly there. exciting times ahead folks :)

It will take longer than that. You also have the warrants at 13p as a speedbump on the way up.