Member Info for Ddraig

11.27 - Was sonly talking about open times, ie when you see a market impact to any information - pre issue of announcement timings are not fixed and would therefore be speculation. ;-)

* As the nanasuk is shallow the cost to actually drill (maybe before the cost over runs) was not materially greater than conducting a 3D shoot *

09.55 - bit different in this case...3d seismic and interpretation are expensive and time consuming...Ie you couldn’t shoot 3d and drill the same season. As the nanasuk is shallow the cost to actually drill (maybe before the cost over runs) was not materially greater than conducting a drill. Not matter how good 3d seismic is, it’s no substitute for a drill and analysing the physical rocks. Therefore in balance you’ll get more value in this instance from drilling than shooting 3D seismic

09.40 - uk clocks moved to BST so think ASX opens at midnight...

12.49 - I doubt it...MM's don't really take positions other than intraday flow and it would be a dangerous game trying to control cross boarder....what MMs can do is control the price, for instance on Friday, to get large order filled (whether buy or sell) and thats the issue when you look at the difference in AUS, US and UK. But of course it's highly likely to be hidden come Monday as it's unlikely to be business as usual, likely much higher or much lower.

10.56 - The most important guide on that chart is that shorts are reducing as price is increasing....normally a shorter would be looking to make money by expecting the price to fall after a rise and increase his position which you can see on the left side of the chart...the last few days you're seeing the opposite which means shorters appear less confident of a retract and any massive rise will cost them dearly.
Notwithstanding they may be objectively wrong with that strategy.

17.43 - If its Sunday night it'll be BST as the clocks move Saturday night. I think that means ASX opens at midnight UK time.

17.01 - That list goes some way to explaining why the price has been held back....As long as we get:
1. Good news on Sunday night
2. No more nuts big orders (seriously, who buys 60m in a chunk!)
This should be very strong...

17.03 - Dave has enough!

16.10 - And filtered....

14.01 - Yeah I think its safe to say, certainly at the current time, the US is the second market. Can see another 400-500m day over there, maybe more given we could/should have initial indications Sunday night.
Remember the clocks go forward!

10.40 - and the usual pre results postings aswell...ugg...I'm playing catch up today so just reading posters I know of...Its actually a far more pleasant experience! ;0-)

07.58 - have the shares been issued yet?

most are aware of that. ASX and AIM do have different rules. ASX is a full listing where AIM is also regulated but ranks subordinate to a full FTSE listing (which is equivalent to ASX).
As you've only been a member for a day I'l summarise... both require disclosure of information that if known would impact the share price.

23.15 - I would expect any RNS to be on an exchange so AIM or ASX given OTC is not regulated and in RNS the 'R" stands for regulated. We have see news in the past released on AIM first. But I guess it depends when they have the information to release. remember the information comes from the well in Alaska which doesn't have much day light hours with wither AUS or the UK

23.18 - No, the market CAP is the total number of shares in. issue multiplied by the share price in a respective currency. But the market cap in each currency should be parity to each other. As its AUS, AUS is the benchmark...

23.11 - who's trading hours? AUS, UK, US?

20.52 - maybe they are dishonest...maybe they need to make a little extra for the lappers and devils dandruff...not that they can be doing any of that right now...so maybe they are ‘saving up’ for when the can ;-)

*by the magic

So US OTC closes at 2.86c which but he magic of maths is 2.09p...were looking for AUS to be at 3.7/3.8c to match US. If its higher then the AIM has a fell of a long way up in the morning...assuming no news drops