Member Info for chilting

No dramatics at all this morning on much lower volume.

Sirius Minerals PLC
15.00
15.03
0.03
0.19%
14.99
15.03
4,541,650
08:33:59

Good update but Brent is doing the talking today - big sell off at the start.

EnQuest Plc
22.62
21.00
-1.90
-8.30%
20.96
21.04
3,723,154
08:20:55

Squif

Sentiment has to improve before recovery is reflected in the SP - that still hasn't happened.

Kraken is operating between 40-45k now but earlier in the year was below 30k - hence the lower than expected guidance. There is also a planned 3 week shutdown at Kraken in Q3 - persumably this will still go ahead?

Certainly a glass half full update that sort of runs with the period itself - Jan-Feb bad - March-April good.

Lets just hope with the glass now full Enquest can continue at this pace and start paying off the debt.

Hopefully the SP will reflect the potential.

WhichWayNow
Yes, certainly - I have observed it time after time - unless it is financial they simply haven't a clue - not a practical bone in their bodies.

I totally agree casual and would add that another thing that the City doesn't see is potential - the ability to see potential gives private investors the edge.

With SM we can see the potential for the product thanks to crop trials, ICL's Polysulphate and our own intuition - the city is blind to all that.

Lets hope 15p does hold John.

That's the trouble casual - these shorts look like trying to dictate the SP for a while yet - it all depends on the buying pressure to counter them.

One thing is for sure the true value will shine through in the end - but it may take a while - hopefully it will be inflated by sentiment.

The market cap at the moment is abysmally low just £723.93m adding the new shares in that would give an SP of just 10.37p.

As a long term average we should be looking at around £1,300.00m giving an SP of 18.63p with the new issues included.

However, the achievements of stage 2 need to be factored in so maybe we should look towards a market cap of £1,500.00 giving an SP of 21.5p ???

"As for the shower of sewage in the Westminster Palace that is a different matter".

As they say in that place - here here!!!

Unbelievable ineptitude - I think SM is much better of without them - even with dilution!!

https://www.bbc.co.uk/news/business-48365241

We are close to 23.5p now Kraken.

EnQuest Plc
21.52
23.20
1.32
+6.03%
23.10
23.30
3,996,669
09:01:33

sheps
This is a common problem on LSE when the SP is low - the little people/losers come out of the wodwork and attack the strongest and best contributors - I guess it human nature - their moment of glory revelling in the drama with self pity.

Brent may be down a bit but Enquest is flying !!!

EnQuest Plc
21.52
22.57
0.69
3.13%
22.46
22.60
1,962,887
08:24:28

The most encouraging thing is the improved volume - over 1.2 million shares already today.

All the characters in Game of Thrones are far to nice to be Trump.

https://uk.reuters.com/article/uk-oil-prices-kemp/column-funds-sell-oil-as-economic-fears-trump-supply-threats-idUKKCN1SQ167

Wider concerns about a slow down in the world economy.

Loading looked like it finished at about 18.00 BST - so that's just over 27 hours.

AS is on her way to Scapa Flo for a STS with Mineva Maya - draught is 12.3m indicating a 500-550k load.