Member Info for Clive205

Strong support around the 53p area based on 20 and 50 day moving averages on the daily chart.

Nothing goes up or down in a straight line and sometimes it's a couple of steps back to take a few forward.

MM's having a field day taking out stop losses so if you're a LTH think about where your stop loss levels are.

Expecting a very quick rally once it stabilises.

Bit surprised it hit the buffers around .29

Was expecting it to go higher before some profit taking made an impact.

Lots of news though just around the corner should see it continue to move on up.

.29 being targeted again.

Looking good for an attack on .30 in the coming sessions.

Yeah, that 12.6 million at .286 was reported late. At the time the spread was .27 - .28 and jumped to .28 - .29 afterwards.

MM's delay these trades for a reason - they want to disguise the level of demand.

.29 paid and fantastic volumes. Half of yesterday's already.

Likely to be in the .30's by the time the rig arrives at WN.

Expect to see .28p paid today.

Looking at the chart there's a high chance it could reach towards .30 by end of the week.

Sells can be buys and buys can be sells. It depends on the mid price versus what you can actually trade at. At various points today you could buy under the mid, making a lot of trades look like sells when they weren't.

For example the trade at 10:04 for 11,997,200 at .25 wasn't listed until 11:04 by which time the price had moved up, so .25 by then was under the mid and it was made to look like a sell.

All part of the MM's games so things aren't always as they appear.

Yep. Definitely a buy and helped with the increase in volume today.

Whether it's big news or not we have a pretty good idea of the schedule. Probably not this week for the rig at WNB, but early August looks possible.

When it closes above .26 that will be the highest finish since 30th September last year.

As the price increases the number of holders in negative equity is going to reduce so that will also reduce selling pressure coming from stale holders. Hopefully most will have averaged down and be in profit by now.

Did you doubt me Panther ?

Late reported 10M buy at 25.6

It's going up folks.

Buy and hold proving to be a great strategy.

.26 today may be ?

New BoD in place.

Lots of experience at the helm so it could be an interesting ride. I don't think it will take much for sentiment to change given the very low starting point.

Every little helps.

Pleased that they took the opportunity to remind folks why it's such an exciting prospect (just one of a few).

Well good luck to you Mixster I hope it comes off for you.

Besides that spike when it was tipped by Hot Rockets may be 2 months at about .14 it's been very steady progress with single digit percent gains a week. It's pretty obvious the herd hasn't caught on yet as we're still only attracting 20 posts a day or whatever,.

No doubt once the EWT is in progress and we're at .50 or more we'll start to see a load of newbies arrive as the FOMO kicks in.

Can't wait :-)

High expectations of new deals likely to push this ahead.

Thanks for all your detailed input Mixster.

Personally I think we'll be better than .265 by the end of the week. High likelihood of things happening next week if not this week so wouldn't want to be out of this over the weekend. lol.

Expect to see us move up at least 10%-15% this week closer the .30 mark, even without the rig arriving.

Interesting RNS this morning.

A question I would have liked to have asked on the call was what would the BoD settle for if the case goes to arbitration but clearly they weren't going to answer that one other than say what the company had invested, i.e. £50M.

Some posters here need to leave their emotions at the door because it's obviously affecting their thinking. AST don't need to get the full £50M for the outcome to have a material difference. The current market cap is £1.5M so even if they settled for £5M that could result in a 2-3 fold increase in the share price. Just do the maths people because there will be speculation that AST will get something from this case, and it doesn't have to be much to be impactful.

British Bulls algo says to go / stay long. Their suggestions over the past 6 months have been on the money.

https://www.britishbulls.com/SignalPage.aspx?lang=en&Ticker=UJO.L