Member Info for danawinner

Bobbly, I was going to say too many Coronas, but then I realised that may be in poor taste, so I won't.

I thought that the Radio 4 programme yesterday More or Less https://www.bbc.co.uk/programmes/m000gwy8 summed it up brilliantly, well worth a listen.
In a nutshell, if you are likely to die in the next year, it has brought it forward by 10 months.
If you are not, you shoud be finel
The other salient fact is that the Flu death numbers are right down this year, around 1,000, so Covid19 will be the cause instead. A grim topic, I know, and many of us on here have retired, but one day we will all have to acknowledge that we will go sometime, and preferably not sitting in a chair with a fit nurse only offering you an extra bowl of soup.

At long last the sell price starts with a 7.
Well up the risers board now so the fun should begin.
We will probably pull back mid afternoon with the day traders selling out, but as you can no longer hit the pub/wine bar/restaurant to invest the ill-gotten gains in fine wine, you may as well leave it in here.

Won't be long until we breach the £7 sell mark - currently £6.92 quote

Ammu I can get a quote of £7.10 for 500 shares, nothing bigger.

Ammu123 Can now get £6.67 to sell 1,000 shares

Ammu123 I can't get a buy quote even for £5k but I can sell 5,000 shares at £6.62 - no chance.
This tends to confirm my large buy order theorem.

Bid price appears to be very solid.
I think we will end today at around the £7 mark, with a fair wind, with progress towards £8 next week.
It all depends on the Saudis and the Russians, but our hedges protect us in the short term, so it is only a matter of overcoming the market sentiment against oilies.
That's an easy one then?

I can now get a quote - £6.60 to sell 1,000.

I have never see such an absurd spread on RRE.

My guess £6.50

Are we in auction?

and doesn't reveal his cards.
No-one in the world is more motivated than him to make sure that the SP rockets.
I have complete confidence that a big fat rabbit is currently in the hat, and it will be a struggle to pull it out with the size of it.
When it comes, we will be laughing.

What a coincidence, an 18% rise in Canada, and the results come out the next day.

in the SP today, but it is impossible to tell what the market will do.
The thing that makes RRE unusual is that the CEO Andrew Austin owns 30 percent of the company, and is completely aligned with shareholders.
Oh, and no debt with £248 million unrestricted cash in the bank which is £21.89 per share against a SP of £5.88.

https://www.londonstockexchange.com/exchange/news/market-news/market-news-detail/TXP/14478302.html

Sandman1982 Posts: 1,016
RE: £1 coming soonToday 10:37
Expecting a dip so placed a short at 31.5p

Good luck with that one.
Will you close it at 50 pence or £1?
That's today for 50 pence or wait until tomorrow for £1 then?

is that anyone looking at this share for the first time will see that it has dropped like a stone, and if you look at the fundamentals page, our last published accounts show net asset value of $3.17 per share.
https://www.lse.co.uk/share-fundamentals.asp?shareprice=RRE&share=Rockrose-Energy

Once the truth is out there we will fly.

The Senate has approved the massive funding deal.
Markets will rocket now.

Radio 4 this morning. More or less
They were all going to die anyway. The problem is that we are getting a year's worth of deaths in a couple of months.
https://www.bbc.co.uk/programmes/m000gwy8

Shipscook, I think that your sentiment is correct, but it will take some buying activity to move us up. The RRE believers are already fully invested awaiting results, and these have been stymied in the short term.
I did really well with Shell yesterday, but it is continuing to motor and there is the amazing dividend there, so I won't be reducing to put more in here.
The real anomaly is that companies like Hurricane are valued at three times our value, with no cash or production.
I think that once our results are out, general investors will see the extraordinary net asset value per share together with income per share and will then get on board with confidence.
So, a week on Monday, I think we will motor in line with your expectations.
Worth the wait - so I may be selling some Shell next Friday and piling some more in.
GLA