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I couldn't bring myself to do it.. i own too many shares! I just want this things to get back to fair value
V tempted to put a short spread position - if you bought at 70 ish - sold 80 for the passed 3 months you would have done well
Natural gas has been flying + a healthy up tick in poo - this thing relative to both remains in its 66-80 range - and trading on ridiculously low vol. this needs some good news on finding a partner for the gas projects and then we should see a really healthy breakout. It's been a long painful wait but I'm hopeful which the apparent change in direction of commodity prices (outlook for gas is v strong) things could get interesting
ha - literally as i pushed the button - 2 large trades went through! cant see whether buy or sell yet
had a feeling this might happen. the volume on this things literally speaks volumes. this share carries no interest whatsoever to the general market place.
No volume though and no news - oil ng not justifying this rise.. Hope you're right AA but I can see this thing staying in the 68-78 bracket until either news or volume get going
Market clearly unimpressed Suspect this greatly reduces cash balances which puts us at more risk
This thing needs a time machine!
It's as though everyone is oblivious to it.. Financials due and volume very low I can only assume no news of interest expected.. Reduction in cash on account and that will be that. Not even an update on our gas projects has stimulated any interest!
pitiful. market doesn't seem interested.
Yep - check out the telegraphs article today. Finally all the info we've been saying has been picked up... Bodes well for Monday
Totally agree. It will be bad reflection on the board and the opportunity if there isn't positive news on this. Given the last update we should be at an advanced stage with a number of suitors if not exclusively with one. Some Rubbish spin in the rns will see this drop 15-20%
this thing ceases to amaze me volume still pretty low all things considered
Be interesting to see how today plays out I can see a pull back in the morning with some support into the close A similar shape to yesterday
i am hoping we get a perfect storm of up-trending oil and NG prices (possible fix around $55-60) and announcement of partner to finance deals in West Africa. that coupld with a favourable cash balances and progress on existing projects could see this things start to move.. still on the uptick and a week to go for results...
suspect this is gentle up tick into the results.
yes i wonder what happened to Wobbly. wish in all fairness i had got rid of this.. rather pot committed now. Encouraged by this uptick today. I really thought it would sell off today so i think it is telling we are into positive territory with reasonable volume. This stock seems to uncorrelated to just about everything (include POO and NG!) so i hope this is due to pending news. Need this back over a quid sharpish! Have a good w/e too,
virtually an identical story here.. this thing is a classic down trend. It would seem without some positive news it will drift aimlessly down. I am hoping with all the potential some announcements pre results would get this thing started.
Yep - fair enough Just hoping it a case of quietly loading up before take off It's been so frustrating
Why is something afoot?