Member Info for E_AL

You forgot to quote the dates of your references ; )

*Sent on June 15, 2016
** By Web ActivistJune 4, 2018

hpsauce83, We'll see some profit takers who managed to pick up some of those early morning discounted shares... but as we all know not many were sold so eventually we'll see a bounce back up to at least the Sheikh's buying price - 10p imo

dusterhater, at the time they didnt have access to fund and the sheikh was the answer ! Even OO indirectly told us today that the Shiekh's only contribution to the company was financially :

"His Highness' departure has no material impact to the implementation of our business plan. We are grateful for his financial support which has helped the Company get to this exciting juncture."

Hew didnt thank him for anything else other than supporting the company financially when they needed the cash.

Overall trade at 8:37 vs 9:55 (1hr 15 min.)

#Trades 239 vs 321

Sold 2,558,942 / £185.52k vs 2,998,040 / £228.60k

Bought 3,241,181 / £234.99k vs 4,944,244 / £377.00k

The panic sell-off is over !

The score so far :

# Trades 316

Vol. Sold 2,985,656
Sold Value £220.19k

Vol. Bought 4,898,599
Bought Value £361.27k

"Are we really seeing a company that turns over $1.1m a year only worth £3m?
How about the other aim oily that are worth multiples in the millions with no oil at all"

You are absolutely right hpsauce83 ! A long list in fact of AIM O&G companies.

Now the sell off finished & the buying pressure is building again ...I see the sp heads back by eod to at least the Sheikh's selling price - 10p

SpencerG , you nailed it !

The Sheikh reputation/experience did add anything to the company but his money did at the time the company needed the money the most.

The company is back on its feet thanks to the young sheikh of course so his departure should not effect the company ongoing activities really imo

Spikeyj, nothing 'yet to come' .............I've seen this before in Angus Energy when the MD Paul Vonk resigned, once the company member resign he loses his rights to any warrants/options.

It seems to me that the sp settled within 7/8 sp level for now.

Missed the drop this morning,...hope there will be another one for me to avg down :/

The score so far :

# Trades 239

Vol. Sold 2,558,942
Sold Value £185.52k

Vol. Bought 3,241,181
Bought Value £234.99k

Hmm I guess it means nothing to us PIs if Lesoza was the seller today (I’m not talking about the £1M transaction) but why would Lesoza sell if they increased their holdings only 3 days ago ?

If it was a transfer then ADM must release RNS tomorrow stating the name of the new institutional ownership.

They also have to release RNS if Lesoza sold any shares since it holds more than 3% of ADM’s shares .. saying that, it doesn’t make sense to me Lesoza selling beucase the company increased its position few days ago...

RHI87, nice post & fingers crossed you’re right here .. I hope some shareholders already emailed the company this evening enquiring about the sp drop & £1M sell .. it will certainly put more pressure on the company to release a statement first thing in the monrning explaining what happened.

However, if it was holdings transfer within the sheikh’s companies then why the sp dropped ??where all the shares purchased today came from and why the huge buying pressure didn’t spike the sp if the 12.9M shares transaction was only internal holdings transfer ?

The 12.9M shares were sold first thing in the morning and caused the sp drop then we had waves of buyers all day so yes I would like to know who sold these shares/ where they came from but it shouldn’t reflect on tomorrow’s sp because it’s already factored in today’s share price....

We just reached 20x times the average daily volume !!

Guys, calm down ... as someone said earlier on twitter :

" Placing settlement day today, it was sold on t10, the guys who took it who can’t settle are forced sellers! Fill your boots aje news imho very soon".

We'll see a bounce back up tomorrow !

Someone just added 1.8M @ 3.4 to the BID (L2) !!

The drop seems to attract some attention ; )

Graham, as I mentioned yesterday .... I dont think the drillers will accept a payment in shares at a premium (4.5p) then WAIT until the sp reaches their cost price to sell ! .... They must think these shares worth more than 4.5 to agree to such payment method ! imo

Interesting ! They got picked up straight away : )


13:41:45 3.45 96,144 3,317
13:41:08 3.45 86,811 2,995
13:40:54 3.45 20,405 703.97
13:40:37 3.45 43,131 1,488
13:38:40 3.449 150,000 5,174
13:37:14 3.50 571,428 20.00k
13:30:27 3.449 25,000 862.25

I wonder who just sold these :

"22-Aug-19 13:26:25 3.38 700,000 Sell* 23.66k
22-Aug-19 13:23:32 3.525 750,000 Sell* 26.44k "