Member Info for E_AL

Ocelot, do you think an RNS confirms application submission would reflect positively on the sp ? Saltfleetbt acquisition didn’t move the share price, not even 5% ! It will take anything between 6 weeks to 6 months for the council to reach a decision from the day Angus submits the application :/

Well done Stuy .. imo a bounce back up to around 10p is very possible from this level. peel owns around 20% of adme’s shares, they paid 10p for the shiekh’s shares, placing was at 16p and an ii paid 15.5p to increase their holdings in the company .. all too place within the past 3 weeks.. no way Peel didn’t run thorough check on ADME before they bought the shiekh’s shares or they’ll sit on loss for months.. we’ll see sp recovery shortly - TA chart shows ADME as heavily oversold - RSI 18%.

Even if we get RNS tomorrow saying they’ve submitted the application, nothing will change and it could take anything between 6 weeks to 6 months for tye council’s ‘decision’. I don’t expect the sp to react to such RNS..

Nope, it’s a support at 6.50.....

Unless you are one of the lucky traders, you'll never get in at the rock bottom ha ... If I was you I'll try to play it smart, get half of the volume you want around 6.75p then either average down if it drops to your target or top up if the sp climb back up.....However, its your money so its your decision : )

Personally with Peel on board I don't think the sp will drop to 5.60p.

alwaysbeclosing from monitoring L2 I can tell that 6.50p is our current support. It was formed 10 minutes after the company released the Sheikh resignation's RNS last week and the new support held firmly since.

You'll still get odd sp drops which I find them good opportunity to top up or trade (if you are lucky) like the one we just had but I was on the L2 when it happened & I saw Peel jumping on the BID straight away to push the sp back up. They hold 20% of the shares with an average above 8p so in my opinion they wouldn't want the sp to drop below 6.50p.

This sell shown on the L2 straight after the RNS. 125K shares similar to the number of warrants exercised :

14:39:57 6.55 125,000 8,188

Whoever exercised the warrants made £3,188 out of selling them .... Maybe to pay an invoice or perhaps to buy a new desk !

I read on twitter some brought their profit from UJO/RBD/HZM to here

Don’t be dramatic ha, yesterday ended in blue & the overall vol of buys and sells were equal.. TA Chart showing sp trend reversal.

Dunno what next you gonna come up with Spikeyj to deramp the company , first the shiekh then the warrants, AJE, revenue, overhang, old managment, new managment, the chineses, every single RNS , if the sp goes up then it’s conspiracy theory and if it drops then the company stinks ... now the nomad , tomorrow god knows ! Get a life ffs and invest your time in companies which you hold their shares rather that being pain in the backside to us shareholders .....

Its what the board said right from the beginning - RNS 11th of June :

"His Highness Shaikh Ahmed Bin Dalmook Al Maktoum, has been appointed President of ADM Energy in >>a non-Board role<<. Specifically, it is intended by this role that His Highness >>will help leverage his network and bring new opportunities and contacts to the Company.<<"

ADM Energy plc, an oil and gas investing company quoted on AIM, advises that, further to its announcement of 23 August 2019, His Highness Shaikh Ahmed Bin Dalmook Al Maktoum's role, as non-Board president, was honorary in nature and that he was not a duly appointed officer or employee of the Company at any time and was not considered by the Board to be a Person Discharging Managerial Responsibilities (pursuant to MAR Article 3(25)) or an applicable employee (pursuant to the Aim Rules).

Which confirms what the CEO mentioned in his email to me: "We will provide a more formal update to the market in due course. As we said in the RNS of Friday, company continues to prosecute its business plan and the departure of His Highness will have not impact on that agenda. Osamede Okhomina, CEO"

MAKETEANOTWAR - Once a penny pincher, always a penny pincher ... Some people just can't think big : )

True Kentan & it looks like the week is going great for AMD Energy :

*Oil futures extend gains on larger-than-expected US crude draw

New York | Oil prices rose in volatile trade supported by expectations of a drawdown in US crude inventories, though gains were capped by worries about a recession and uncertainty over a China-US trade deal.

Brent crude settled up 81 cents, or 1.4 per cent, at $US59.51 a barrel. US West Texas Intermediate crude ended $US1.29, or 2.4 per cent, higher at $US54.93 a barrel.

Prices extended gains in post-settlement trade, with Brent touching a high of $US59.88 and WTI hitting $US55.45, after data from the industry group the American Petroleum Institute showed US crude inventories fell more than expected.

Another £25K worth of shares been bought in the last 15 minutes !

TA Chart still shows ADME as being heavily oversold so I think we'll see 9/10p by the weekend.

Around £30K worth of shares were bought in the last 20 minutes : ) .... Currently BID 7p /ASK 8p 3 v 2

10:46:19 7.3999 54,619 4,042
10:40:45 7.45 93,959 7,000
10:40:18 7.3848 135,413 10,000
10:39:53 7.2499 15,000 1,087
10:39:28 7.2499 10,000 724.99
10:28:57 7.18 90,529 6,500

"@Patch6 : How much do you think they'll sell them for?"

For no less than 100% profit, they are one of the MMs so they know what they can get for them ... The sheikh was in a hurry to sell and they were there ready to pick his discounted shares.

SP was mid 20s only two weeks ago and in 30s last month so 7\8\9\10p is a no brainer to Peel

Of course they will buy more, they've been in the business for a long time & they know ADME shares cheap as chips atm !!

"@Chosen1: As for OO not buying any, he knows what’s going on and I think he might leave in the near term, he obviously was appointed by sheikh and thought who whoo, great ? But now been basically dropped in the ****,"

Will you change your mind if we receive tr1 this week saying OO and/or BOD bought some shares in the company ? ; )

JHolder, just hold your shares for a couple of more days and thank me later : )