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well goes to show the time lag between SPE announcements and ENEG updates. This could work in holder’s favour as any announcement that is positive from SPE will enable ENEG investors to buy and top up before the news is released on ENEG, magnifying the resulting gains…..
We have put in a double bottom of 14.5p. May test one more time to consolidate and validate support at that level which will build a solid base for ENEG to springboard northwards. News anticipated next week , so hopefully start upward trend again….
13/04/2012 16:26:14 ENEG 16.99 O 765,200
I am sure you are an expert into lulling them into a false sense security……with your Mira shower heads and greggs pasties. Westbourne is more old school with his reassuring words lulling RRL investors into a false sense of security…..chin up buttercups….better times ahead with the ladies…….
Nice and quite...just how we like it.....LSE's best kept secret... however the likes of 292 is enough to scare most people way....especially the ladies…..
couldn't wait hey? 13/04/2012 09:56:12 ENEG 17.49 O 294,300
Morning flash....thing is we did actually get to 15p (14.75p to be exact) in the last week of march when the market playboys dropped it aggressively over two days on the back of the RNS. Spooky eh? This is probably around the time when the placing was being sorted. Remember when they did the 12p placing when we were at 15.5p? It dropped to about 13.5p but no lower and that was with less clarity on progress at GH. So it may be the case that 16.5p was the bottom this time?? As we are too close to the finish line (to quote Randers)…Hard call….just wish RRL had done its thing by now so could top slice and top out ENEG holding. But things never go to plan in this game….25p very very conservative and would only happen if flow rates were circa 200bopd – and that is (with no upgrade in reserves etc.) Remember that there are incentive options that get triggered when SP over 25p for 20 days. The key apart from flow rates will be if the include the following information in the next RNS: 1. Based on flow rates (hopefully circa 400 – 600 bopd stabilised) – projected yearly income (gross and net profit) hand how the funds will be used to expand ENEG. The market like figures and this will allow the market to more easily value GH and hence reflect this in the SP 2. Either have the CPR or provide a timescale as to when the CPR will be completed. Once again bookable reserve / recoverable will also allow the market to value ENEG more accurately. They have confirmed more oil than previously thought…but how much is there and what % is recoverable. These two bits of information will are essential and are our short term price drivers and will ultimately set the new trading range going forward.
Sort TINCI out please lol...
Keep sitting on those hands....top up time soon :) This is about as safe as it gets now for an aim stock
ENEG 18.25 UT 50,000
Got it right for once. Happy Easter enegers. Remember don't kiss Any rabbits between the ears :)
Good to hear surgery went well. When it come to kids nothing else Matters. You haven't missed much. Markets crap atm. Just managing To keep head above water for now. Feels like swimming against The tide.
Hope your daughter is ok and everything went well. Bet is has been hard for you over the last couple of weeks. Eneg should put a smile on your face soon. I know 292 is always lurking like a flasher in the park at night....Randy is busy with the family and A5 is probably stalking lol
ENEG 19.50 O 12,711 .........Having fun speaking to myself today....very good company indeed.
19.00 +1.25 (+7.04%)....SP 19 again....going to be interesting last hour.....news expected next week. I'm going for 19.25p close :)
ENEG 19.50 O 25,467 .........................0.5p above ask
19.13 +1.38 (+7.77%) Bid price 18.75 Ask price 19.50. 20pnot far away now.....buying pressure continues....they may take it on ar un this pm...
ENEG 18.86 O 100,000
Nice
Looking good again today. Recovered well from our little hiccup of ‘sell on the news’ and ‘I need to dump my 500K holding at short notice’ brigade. MACD turning positive and loads of headway on the RSI for more upwards momentum. Above the 20sma now and a little back test before next leg up to 20p would be welcome. I like my eggs oily minty….