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A bit disappointed that the RNS today did not produce a modest uptick in sp but no news of any firm bid either.
Getting to the stage where I am wondering if a bid will appear as it has been some weeks since the first bid RNS?

Yet down 8.5% this morning? Holding on but concerned by this dip, it would appear the excitement and sp spike of last week has evaporated this Monday.

News on the way perhaps? Possibly just speculators, we live in strange times.

Ignore the paywall, the DT saying that private equity cash looking to buy distressed assets on the cheap....

Private equity goes on the hunt for companies in distress

https://www.telegraph.co.uk/business/2020/06/13/private-equity-goes-hunt-companies-distress/?WT.mc_id=tmgliveapp_androidshare_AvdJQ55pm8GQ

https://www.lse.co.uk/news/north-sea-crude-total-bids-all-benchmark-grades-higher-ih1i3p4fwjddjfx.html

Brent prices doing nicely....thanks for your post Sage I am now turning from a bottom feeder into a LTH!

Too late already bounced back 13% on the US markets.

Seems like there are plenty of buyers this morning. Might be another interesting day.

https://markets.businessinsider.com/commodities/news/oil-price-reaction-investors-fear-a-second-wave-covid-19-2020-6-1029299936
A poor day for oil prices but not a disaster with Brent at $37.

Hi, after AMER was bought out I purchased a few GTE shares via HL and have enjoyed a great run up in price until today.
I am of the view to buy some more tomorrow as the US view is that GTE could enjoy a very good 2020.
Anyone else in the game?

Nolo you earlier referred to them as loan sharks..... BS theories etc.
I still see them as small institutional investors with options to buy at interesting prices.

https://www.lse.co.uk/news/north-sea-crude-grades-steady-buying-interest-eases-vhls2bxxfav8egf.html

Today was something of a market meltdown with the FTSE down 4%, Dow 5% etc etc. Nonetheless here we are at home using energy from oil and gas to power homes, offices and cars. Oil demand will recover as will the sp of HUR.

Hope so! My investment here hovering on the stop loss limit and without some good news will quietly walk away.

Just a general observation that on a day when the FTSE 100 is down 2.7% and the markets a sea of red BKY has risen 5%. OK nothing like what I need to break even but, somebody somewhere is punting on this mine getting its permits passed.

I took profits a couple of weeks back but tempted! See no reason for a 7% drop today other than a sell anything mentality from traders.

Adastra the solar off peak possibilities is what drove me to invest yesterday and may well add this week or buy dips into the summer. A method of storing excess renewable energy essential to making it capable of driving the national grid.

The financial markets a sea of red this morning with Tullow down 10% and Premier Oil 8%. Yes HUR is down a few % but it is part of a general sell off rather than anything specific to us.

In financial terms it is small beer imo but importantly 2 more institutions want to invest in IMM on the basis of the science and the potential of the drug. They would not be here unless they had done due diligence on the science and decided this was a potentially viable treatment for Lupus. The rewards could be based on multiples for early investors which is why I am here.

https://www.zerohedge.com/markets/chewys-founder-sold-his-company-335-billion-then-bet-all-his-payout-only-two-stocks
An interesting viewpoint on "noise" and investing! I am not advocating throwing all of your money into just two investments but I agree that we should all do our own research and when we find something we think is undervalued then invest with conviction and be willing to wait and see how it goes rather than listening to the chatter/noise.
Essentially he is saying

As I see it, I own shares in an oil company purchased at a weighted price of 7.7p which is presently producing 12,000 bopd, has a net asset value of around 24p a share if the FT data is correct and Brent Crude is trading at $40 a barrel. It is possible the production rate will drop as a result of further drilling issues but the oil is down there in sizable amounts. If the production rate falls again I can stop loss but believe it is more likely that I just need to be patient and wait for the markets to recognise the value here.

Millions not Billions I think is the short answer. I sold here a few weeks back and put the money into other companies. Remain a supporter of CNE but not expecting great news from the arbitration process. At one stage I wondered why the Indian Gov or a company close to them like Vedanta Resources had not made a bid for CNE?
https://www.vedantaresources.com/MediaDocuments/Vedanta%20Group%20companies%20reiterate%20commitment%20to%20Rajasthan.pdf