Member Info for fecm

12p on the ask at the moment, not seen it that high for a while. Bid doesn't look great though.

Nice to see trading in RKH on the up this week with a revisit to the 10p region albeit short lived. Would be nice to think the rise is due to pending news however, I think it is more likely people taking further positions prior to the 31st or speculators getting into small oil companies following recent rises in oil prices. Not too long now until Q2.

Indeed, both up circa 60%. RKH up a 10th of that at 6%. Anyone think a big merger is likely to happen?

Hmm, ARG just moved a bit too.

I'd have rather hoped he would be a bit too busy for car shopping at the moment. That said, if he pulls OM & SL off I've no objection to whatever car he desires.

BP chat board a bit lively this evening. Doubt they will be coming to our rescue somehow.

Could certainly be worth a small speculative investment, especially if RKH can get things off the ground.

I take it you guys investing here are following the RKH story to gat an idea of costs involved getting your discovery out of the ground?

Becoming more often these days as the MMs struggle with the low volumes. Only news will shift it one way or the other, which is pretty scarce these days too!

Some rather large trades around that time too, reported as sells so hope that isn't an omen?

A few years? Try over a decade ago when the sp was that high!

Cheers Falky, let's hope the talks were positive and productive.

Hoping for a better week next week as we move into February. Prepared to be disappointed though!

Thanks for the response Theosus. Unfortunately my knowledge / risk level of investing limits me to savings accounts, shares and funds! I guess this is what separates the wealthy investors from us mere mortals!

I often wonder in times like these, where the money raised from selling goes? No returns keeping it in a bank so presumably it sits on the side lines awaiting a lower entry point?

Is it quite feasible then that the reason for the award not being announced yet is due to a RHK/Italy OOC negotiation in progress? or, are they just finishing off totting up the additional costs recently submitted and amending the award documentation accordingly?

So even if we win the award, enforcing it may not be so straight forward? This was never going to be easy!

Thanks pre2rcd, hoping it's a buy.

9.50p was the bid price so could that trade have been a sell?

I think we will need a little news boost to get us up to those levels.