The latest Investing Matters Podcast with Jean Roche, Co-Manager of Schroder UK Mid Cap Investment Trust has just been released. Listen here.
I see Radders has taken up your offer....
I agree with supports. It is also currently sitting on the 50dma with the 25dma capping the trading range over the last three days which is interesting (very tight range.). If is breaks then 60p (in the absence of news) is very likely to be targeted forming a triple bottom. The key will be the break of the 50dma. If it holds and we get a + hammer candlestick and push through the 25dma on volume, then it would be bullish and worth putting some money in…..if you have some that is..lol
I nthat case I'll just getting the tweed patterned wheelchair out....
Any decent buy volume - say cumulative £5K's worth (which is small amount of money overall) would send this up 40% - 50%. Decent contract or JV news would send this up to possibly 12p-13p intraday....As always we need some news here from the BOD….
Demand still there. 55K but just in @ 19.34.
on £250 sell - that's why I love this share....arguably the most illiquid stock on the aim....lol
We need the BOD to start loving their own company. Reading the past RNS’s they do a pretty good job at deramping lol. They need to take some happy pills and enrol in a PR course. Everything they say is always ‘staisfactory’ yawn yawn yawn. They need to start regular quarterly updates indicating the net worth of the company and expectations going forward. The company is undervalued (before their recent investment) by a factor of 4 as denoted last year by the share swap at 20.4p.
Garden Hill South Operational Update Further to the release dated 10 February 2012, Enegi is pleased to announce that Schlumberger has successfully completed the acid injection. The operation went as planned, under very harsh conditions, and approximately 80,000 litres of fluid were used. The significant quantity of fluid used in relation to the wellbore volume indicates the acid has successfully penetrated the surrounding reservoir. Photographs of the work and conditions are available on the Company's website (www.enegioil.com). Further updates will follow as the programme is executed.
Apart from the news this morning lol.? No flow rates though - should be a few days for that.....
500 buy - one of your mm signals for a gap up? 500 = Gap the stock either up or down, depending on the direction of the 500 signal.
20.38 +1.13 (+5.87%) They are short again. Looking like another staircase day......... Robin o/t is see that Dehaemer has just tipped RRL in the US to coincide with the mailout....nice...
20.25 +1.00 (+5.19%) 1.2mill volume already only 1.5 hours into trading......
Whats L2 like? how many mms on bid / ask. Cheers boss
nm
After a little shake / people selling on the news - SP is recovering and is now blue again......I think the majority have bought in for flow rates anyway as they will provide the catalyst for the rerating...
Everything has gone to plan and faster than I imagined. Was hoping for flow rates but they must be along shortly. Good to see they have not let the weather delay progress. Makes England look like the Bahamas…. One thing they haven’t clarified is if they are proceeding directly to recover treatment chemicals by bringing the Well back online or shutting -in for a soak period first.
Let's hope they are not Chines whispers. Ill get my coat :)
Sellers have finished for now. So buys should take us up in theory...We are still on the short term uptrend line so everything is ok for now. Just need to hold and not slip below it. Nice to see that is has held thus far. As mentioned earlier, the long term downtrend line is going to intersect by end of this week, so taking into account that sellers have dried up and new buyers looking in as the price has stabilised, then any sort of volume should send up to double figures.
The down trend line on the yearly chart from 52 week high at 17.5p (03/03/11) and touching 14.75p on the 9/6/2011, ties in perfectly with the recent high of 8.57p on the 1/2/2012. Meanwhile the uptrend line from our recent run up is looking like it will intercept the downtrend line approximately this time next week. Today’s price action (SP of 5.5p) is sitting directly on the top of the uptrend line. So this needs to hold. I would expect a little bit of upward movement beginning of next week albeit small to keep in line with the uptrend. Hopefully the intersection of both lines will coincide with some news. This should result in a nice breakout from the current downtrend.
see some new faces. Directos swapped / bought last year at 20.4p. which at the time was 80% above the SP - they know what it is worth......This is one of the most interesting shares on aim SP movement wise, as a few £K buys will move it 30% - the opposite is also true of course lo