Member Info for fecm

I think we will end up blue today.

SBP, thanks for the explanation. Will save me a lot of wasted posts going forward!

SBP, if that's the case then LSE are printing misleading information on this site. Why bother if it doesn't reflect the day's trading?

Todays trades -

No. of Trades 414
Vol. Sold 3,776,753
Sold Value £249.27k
Vol. Bought 4,740,150
Bought Value £312.85k

Therefore a net buy of £63.5K and we end up 5% down.

Lets hope it works for them, going to be a long slog.

Lol, water has definitely been confirmed.

Good post by Antigua 18 on the PMO board: -
"Emerald, the MM’s knew full well what they were doing this morning. They dropped it and held it whilst stopping pi’s from capitalising. I have never seen such a drop and not be able to get a buy price.

To my mind they were allowing someone to buy. Question is, was it Arcm?"

Now tell me PMO and RKH are not being played.

Agree with what you say barnyard but not every stock got battered >40% on a net share sell of £33K did they?

According to this site we had a total of 740 trades in RKH today.
Vol. Sold 9,851,747
Sold Value £685.68k
Vol. Bought 9,372,706
Bought Value £652.34k

So £33.34K net shares sold today.

Does that really warrant a 42% drop in share price? Corrupt market targeting stocks like this.

Quite right Gozzie. You only have to watch what's unfolding in Italy at the moment to get an idea of what could be coming our way. I'm certainly not taking it lightly.

We get to buy Sea Lion for a quid :)

Much, sincerely hope you are right. At this moment in time I'd be happy with half that amount. Lets hope news comes sooner rather than later. Looks like we are not only going to have to sit out this virus but also oil wars.

Much, would be great if it played out like that however I can't see the Bod leaving the cash in the bank. Pretty sure a good portion of it will be drained away over the following months with an equal decline in the sp. Net result, back sub 20p while we wait for PMO to get things sorted out.

Sadly you are right Gozzie because one thing this country is not very good at, is doing what it's told. As always, money talks and the vulnerable will suffer.

With Italy suffering badly from the CV outbreak, their economy is going to suffer even more. Any award made for OM will end up at the back of the queue for payment.

Sorry Kurgy but it's worse than that, we can't even get a bog roll these days!!

Oil rout hopefully temporary, but granted will take a while to recover.

Wouldn't be surprised if AGM was postponed or held behind closed doors due to CV.

That was a cheery article Gozzie! I guess our fate will be known a few days after PMOs court date 17th March. If it's good news and PMO get the green light to refinance, we have a chance. If it's not good news, we sink with PMO. Hope it's the former but will equally be annoyed of ARCM get away with their shorting antics.

Well what a week that was for us RKH shareholders. We were all poised to receive some transformational news from the company that Nigoil had been so adamant was going to happen on or before 5th March. So adamant infact that he spent an inordinate amount of time and effort on here countering every post that had even the slightest negative undertone. Why would someone go to so much effort? Well it didn't come to pass and he cites unprecedented market conditions for this. Would have had more credibility if he'd added a caveat to his posts.
This virus business has clearly had an impact on the markets, especially for the oilies but I'm not buying this as the reason for news not being released. PMO's Zama issues now need to be resolved before we can meaningly go forward. Wonder how long this has been known for? Hopefully everyone can see that the virus has reduced demand on oil and will therefore go back up as it starts to die off. I'm sure the traders are all over it.