Member Info for Early_Bird

"Fastnet (AIM: FAST, ESM: FOI), the UK and Irish listed E&P company focused on near-term exploration and appraisal acreage in Morocco and the Celtic Sea, announces certain management changes following the appointment of Carol Law as CEO in December 2014 and a review of the Company's cost structure in light of the lower oil price environment. As a result of this internal review, Will Holland's employment as Chief Financial Officer of the Company has been terminated and he leaves the Board with immediate effect. Carol Law, CEO of Fastnet, commented: "As previously indicated the Board of Fastnet is determined to deliver reductions in general and administrative costs going forward as part of our drive to restore shareholder value. Difficult decisions have to be taken in the current climate."

down talk this share all you like, fact is its trading below cash. Where are the sellers today? its holding its gains very well indeed! Predicting 4p when cash value is 3.3p here and asset value is equ to 6p is hardly ramping is it.... 25p yes thats a bit over the top for this year.

Sellers ruling the day today unfortulately mate. Nothing happens in straight lines on the market and im more than comfortable here buying the dips as I have done today. People were selling at 2.2p here a week ago as they have been doing at 2.5p/2.7p today. Fact is those that sold at 2.2p last week will be kicking themselves as will the people selling at 2.5/2.7p today. Let the company fundamentals dictate your sell price and then all you need is a bit of patience. One whiff of farm out or merge with lansdowne and this could happily do 100%. Have a good weekend all.

Must have gone through on isdx. Trading sub cash, OP rising, this will smash through 3p in due course

Indeed but all in all very healthy upwards movement, the buyers showing no signs of slowing. Expecting to crack 3p tomorrow as this re rate continues. Also it's Friday and I'm sure more will want in ahead of the weekend, sunday newspapers could give us some more clues as to what's happening with regards to Lansdowne merge/acquisition/takeover and FAST'S possible involvement. Carol being very tight lipped In the press at current.

rightfully so mate :) madness to be selling now at substantially sub cash value esp in this improving climate where O&G majors are sniffing for opportunities. It could be Lansdowne connection/rumors that have got the big boys interested here also as well as higher chance of farm in partners for our Celtic sea assets.

to buy. 250k available at this price then chucks away again!

3.3p here is still is only valuing the cash when we also have £20M of assets on the balance sheet a lot if it is seismic. Expect some of this £20M to be recovered when a farm in partner signs on the dotted line for one of our Celtic lisences. 4p pre news in the current climate is a fair conservative target pre any news I think.

without letting the cat out of the bag too much, I have heard through a contact that more than one large institutions are wanting in here in a big way. These large trades that have been coming in the past few days tally well with this. Dont expect them to slow down either. If the big boys want in here then what does that mean I wonder... Not having any of mine anywhere near these levels

6M on here already and thats excluding isdx! Volume and trend are your friend, all indicators are pointing towards re rate

I think those that are still in are not interested in selling at these levels as would have done so when it was at this level previously. Once buying volume picks up I see this smashing 0.8p and marching to 1p+ pretty quickly. Bulls are eveywhere atm.

great volume and buying pressure, few sellers about at this level then once they dry up its looking like the re-rate is going to continue throughout this week. Certainly showing no signs of slowing - look a LOGP also!

http://www.irishexaminer.com/business/sale-of-lansdowne-oil-gas-on-the-cards-322980.html

Also flying... im getting the feeling something is coming between LOGP and FAST

still not getting excited until atelast its above cash value of 3.3p. Does look very promising though of something big coming.. also LOGP moving nicely... hmmm :)

is turning very bullish... lots of new money going to be moving in here that was made on other shares and I see 0.8p falling soon.

plain to see II's are loading in which tallies with what I have heard in the city. MMs offering a huge premium to take all my shares which is a sign this is heading one way...

Bulls are back in town! Good to see this moving back up. Break 0.8p this time round and we're away.

yep appears to be! shame more dont post on here!! sure more noise will turn up sooner or later. Gonna keep beating this drum until fairer value. Stupidly cheap and tbh annoys me that this is sat sub £9M when you have shares like UKOG being ramped to high heaven and back. Madness that is AIM!!

from the 1M sell has now been mopped up, by broker now wants 2.7p full ask to buy any