The thing I don’t get at the moment is the endless selling everyday, you can easily sell most of the time (I have tried selling my 3500 shares in the past couple of days and have been able to every time in one go) yet with bigger volume and more buys come more sells and vice versa ... Now i could understand it at say £13 as another base for consolidation but it’s very strange at £11, especially after being stuck at £10 for ages...
I’m afraid not mate, the whole business model is to buy some older field for a good deal and extend its life by more drills to postpone the decommissioning. I believe AA and his team have great experience in the NS and know the true value of the assets there vs the decoms, don’t think it would make sense to completely change what has worked for the company so far (although currently not reflected in sp - true). There should be plenty of opportunities at the moment, hope AA won’t wait too long and get some gas rather than oil...as he mentioned in last interview with Malcy (he also said they will probably wait until the dust settles, which you could argue has with brent above $40?)
Hmm I think that’s unlikely mate, AA said many times in the past interviews that they intend to stay in the NS, Netherlands and maybe Norway. But it’s certainly a shame if Acquisition in Asia would get us some normal mcap hah
These sort of theories are In 99% cases just paranoia, MM playing games, mm want your shares, someone wants to hold it back, Code 1 etc... there is just a big seller or multiple sellers that want out, probably no matter the price