Member Info for chrishutch

Sorry to hear that. I hope it works out for you in the long run.

price moving up!

Jones for the second time it did move to the 4p area. So I was right. Now I think the price will move into the 3s again.

Not sure what made you spit out a load of abuse about though. Happy to debate anything, but only with those mature enough to have a conversation.

Price looks like it will return to 3s.

We may have made a good choice buying sub 3 there CBB - hope so!

I joined you CBB this price was too much of an opportunity for me to resist!

Thank you both for the replies. I am sure if I don't buy it will go, it is a small holding for me and so averaging down would not take much. So todays price offering is attractive.

thinking about reducing my average here? Is it a buy down here at 2.90 folks?

I stand by the fact that I think it is a great price to build a position in this company. I am sure this is on a lot of retail investors watchlists now and we will see a decent return from entry at this level.

They managed to raise an exceptional amount of cash (24 million) at .90 very recently - so those that took the placing either expect to make a lot more from it over time or intend to flip some shares when the price above 1p. Either way it is a win for those getting in now, at a discount to the professionals.

The directors also took stock at 0.90 and you can buy it today at the bargain price of 0.74 area. It is a bit like buying tenners for fivers.

As soon as seller clears this moves up half of retail now has it on a watch list. Cantors just moved the ask higher as soon as they move off - it is time.

Having said that - anyone who can look at more than the trade back to 3p will likely note that this has lots of potential as an investment rather than a trade.

Wow!

My average has been brought right down, was not happy about the drop yesterday but as an investment, my average is now much better!

Anyone else buy to bring average down?

if it was not for the bad timing of seller.

Come on

I thought the same. Directors and professionals buying at .90 and retail still thinking about buying at 0.765

Can't make it up

Great opportunity to get stock in a decent company at a discounted level. Once seller done and they must be close to running on fumes it will move up fast

and it goes nt to buy..

She is moving up fast!

:-)

I did mention an update from California was inbound. Have to be crazy not to be taking advantage of the current price!

"We are very pleased to be drilling again at West Brentwood where we have had significant success with our previous wells. Importantly, the cash generated out of the existing California operations is now funding drilling activities, resulting in a self-funding growth business in California. Success at VG-6 would result in another uplift in cash generation from these assets."

I think we will see a recovery tomorrow.