It is not manipulation - people are staying away because oil needs more fundamental support (more draws +new OPEC deal). This is all geopolitical and that might disappear tomorrow.
DBNO - is Zama in your head? I think it is, that is why you are desperately trying to talk the SP down to get your golden entry point. Just imagine if you are out and that rns suddenly lands and you miss a 20% jump.
Anyone know the total investment cost of Zama to date? How much intangible is being held on the Balance Sheet.
Can I ask that anyone that quotes values for resistance and support levels for the share price or POO post a link to the chart they used to calculate them also. I would be really keen to see\understand the working behind these statements.
Jay - you are doing it wrong. If you look at how DBNO does it he picks figures not far under the SP. People are just not noticing you. You should also try and use some DBNO favourites: 1. Dead cat bounce 2. Tin hats time 3. blood the streets 4. Hammering down
Mremc2 - looks right to me. At 62 brent pmo getting about 64. No idea where brent is going. Global economy scare stories can quickly change.... For now only more escalation with Iran can help and i dont see it happening, Iraq never had nuclear capability, Iran do, no one wants war.
Yeah but I was tracking other shares and am now 1.2% up on the move out of here. Understand that for me PMO is not the be all and end all - although slightly irritated by today I dust off okay.
Easiest share to short - it is the pick over the others as well due to the history - people won't forget the 19p day. Positive fundamentals wiped out by fear. How low will it go?
Was being sarcastic. Just saying - you can say it is market sentiment but my view now is there is intent on taking this down. Either way I am will be out at67.5 for small loss and not much harm done.