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Remember Horults day 3 rule, its playing out on HEX, maybe....
BCE, looking good, I got a quote to sell at 0.071p, then an error was thrown, and Ask dropped back to 0.7.
I always suspect testing for sellers when it drops back quickly, maybe...
Day 3 Hex today
Day 3 BCE tomorrow
So if people start dumping He1 for Hex, then do we get a cheap entry in He1, or maybe a better discount after the placing
@KevR, EOG is land based, mainly from a single well, the others very very small contributions to production..But a company thats slow, depends on others actions, dogged by the Irish Greens anti fossil policies...
BCE, owning its own destiny...
What we want is an update, saying its flowing under natural pressure, and exceeding expected rates.. nice and ambiguous, that could be 900bopd, or just more than expected without a pump... :)
But a good rate without a pump, leaves room for assisted improvements
I think the last high 0.15p about 13.5bn shares, gave an MC of about £20m
0.2p about £27m....
So where's 1p and a £185m MC coming from ?
BCE, Mmmmmmmmmmmm.
Currently same MC as EOG which averaged 265bopd 2023 ?
What's the max flow rate that can be achieved with the rod pump ?
The similar producing formations, what are they pushing out, assisted or naturally ?
I like AIM too, its very easy to follow the trend, down of course ;)
Probably why you can't short them these days
+6%, satisfying , ones often enough, so you drink less
Timothy Taylors Landlord, vs Hazy Jane...
Mmmm, one is just 4.1%, will it have the depth..
I find 4% are light, so after 1 you have a bottle different to follow..
+4.5-5% moreish
+5.5 twos enough
+6, satisfying
Doing tasks leave it in the bottle, like you would running, keeps you going having a little pleasure...
But if your on the roof, and you keep going sideways trying to reach the crest its time to pour and relax
ZPHR, I have been watching for 4p, twice its moved up as I become complacent its stuck sideways as is my usual experience when I buy in..like BCE...
You take your eye off and they move
BCE did a Hex, its up double digits
BCE should have dropped back a little watching the last half hour, sellers were taking 0.62, and were busy the 1st time the bid hit 0.6....So what was keeping it up ?
Hopefully rig RNS next week and a gap up....
But I fancy that sidetrack coming good, we no that oil is there, not just an over pressure claim with no specifics
Looks like we should have dropped BCE, and bought Hex just incase it did a today..
So far from Q3 I was thinking it could be consolidating, but next time I will be watching for the sudden increase in availability, if I remember,, you need plenty to entice a herd :)
DM only a 10 bagger man, after He1 trashing the MC before multi-bagging x17, he might have new plan ...:)
Admin you say, I will have to remember that ;)
How do you set up an account on LSE thats almost a decade old..
Seen a poster today, just a handful of negatives recent posts, well timed trolling, yet nothing posted before ?
Seen it a few times, make you think admin are behind it..
Odd how the longer you play this game you begin to the think the MM manipulate..
Letting it go on Thursday, so we have FOMO Friday, and Monday the weekend researchers buying maybe, day 3...
All off a treble bottom....and low liquidity ?
Before Hex was let rip there was a change in liquidity, previously some 100k trades were printed late, and 100k often NT to buy..
Then +100k was frequently available to buy...Makes you wonder if the MMs were restricting the buying while loading their books.. As you would think the more thats available the harder it is for the price to rise and we know low liquidity stocks tick up very quickly
Keep any eye on DELT, just incase the are doing a He1...
They announced JV/funding issues on their appraisal drill, , an asset worth $200 NPV.. Might get a surprise placing as that also sounds unfavourable...
Its a big prise to to lose for not stumping up £15m, not sure when the deadline is to pay that £15m to partner Shell
https://www.lse.co.uk/rns/DELT/pensacola-update-soxmfg025hjejdl.html
Just logged in and seen HEX, magic number 3..
Treble bottom
https://invst.ly/14nt5r
Its okay if they are buying but when they sell look out :)
Char
Char, two very hugely big trades
01-May-24 14:33:15 8.50 29,714 Unknown* 8.47 8.53 2,526 O
01-May-24 14:27:47 8.50 4,000,000 Unknown* 8.41 8.59 340.00k O >+++++++++++
01-May-24 14:27:33 8.50 50,000 Buy* 8.41 8.50 4,250 A
01-May-24 14:27:23 8.49 25,471 Buy* 8.40 8.49 2,162 A
01-May-24 14:27:23 8.49 34,853 Buy* 8.40 8.49 2,959 A
01-May-24 14:27:23 8.49 17,586 Buy* 8.40 8.49 1,493 A
01-May-24 14:27:14 8.50 4,740,716 Buy* 8.40 8.49 402.96k O >+++++++++++++++
01-May-24 14:11:04 8.40 104 Sell* 8.40 8.49 8.74 A
01-May-24 14:11:04 8.40 1,068 Sell* 8.40 8.49 89.71
@Mischief, looks like it was a buy after all, up 20% today