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Defo something strange, 10% of Mcap wiped off yesterday, so thatās 600k for no reason. In fact since March 21 more than 60% down when Bonny light has been highest since 2018. Re rate . Thatās your buy below.
https://www.londonstockexchange.com/stock/LEK/lekoil-limited/company-page
Need to go to London stock exchange for last 5 trades if you are not a fully paid LSE member, thatās what Iāve been doing.
LSE sells last week weāre not being added to the bought sold in the fundamentals, pinch of salt in this app. Needs updated.
I will be buying more! When any of that news land it will be better than abd SP rise from yesterday, pointing out the obvious if you canāt see it. If it takes a really really long tome of 4-6 weeks, Iāll wait. (Sarcasm, last sentence)
**** price going down, but I will increase holding, I mean??
We will find out, a directors buy would help at this much reduced SP.
Is a pest, ā¦ā¦. Gone!
Guys if you want to see FBB in action, see link
https://m.youtube.com/watch?v=wysX_VNiX6U
Hands up, Misread. GDR.
Defo been really unlucky, MrIndia that is, to have bought over 200. The wee shocked face emoji. Has the highest SP not been around 105p.
Iād have a word with his broker.
Ok, Iāll filter too, lol
India, filtered !
Mr India if you re read the question it was not aimed at you!
Thatās a big sell at that SP, Nigeria has just passed the petroleum industry bill, will that have a good or bad effect here? Iām not clever enough to know just now, maybe King or the Nigerian Prince can comment on their thoughts.
Having said thatās a big sell, I can sell 1.5mill on HL for 1.12. Canāt imagine they are taking them for themselves.
I really hope Iāve got this right, dropping sp does put doubts in!
Sorry my 40% is wrong, should be 13p. Dunno how I got that.
TXP produces 1400 bopd, mcap 173million, simply because they are drilling their fields and have a well run board.
That Mcap = 33p+ By 40% = around 21 to 22p here.
Itās clear someone big is selling to bring down the SP and selling shares at any price. Met has 80million shares, King on here says that they have reduced to 10%. So they have sold 30 million. So is it
A They are closing their position
B They are forcing the price down to go in with the low ball offer
C anyone got any other ideas?
I feel it is B as selling at any price is not costing them, it will save them money come the bid. Why have we not had an RNS on the reduction from 15% to 10% .
For the love of Mary, Joseph and the wee donkey LEK give us an RNS!
Woodstock good post I agree this needs a turn around, drill or buy out. I firmly believe this will come before Sept 30.
Iām sure someone else can see the value and with Metallonās attempt in the oil news it just highlights it more.
I reckon with that 2 million buy and the recent Ā£56,000 buy there has been more bought than sold since we have been at 1.7p
Feels as if it is being held down at this range for some reason!
Why does MM keep spread so high? Surely they must close the gap?
No doubt we will see senator boom back to make his 50% on this spike!