Member Info for Gary1960

1 million delayed trade showing now (about 5.40pm) from before 2.00pm went through at 11.1p

Rocklawn - half penny rise - it depends on how many you hold. If you hold 2 million block shares that equates to a
£ 10,000 increase in the value of your holding.

Okay let me put it another way "I am not a convert". You have you opinions and I do not share them - beyond the SP is within a resistance point at 10p-11p.

Do I believe that the new "resistance level is in the range of 10p-11p yes I do . Do i think this is as plain as the nose on my face yes. Do I believe or agree with anything else that you two have to say NO. You are both entitled to your own opinions but please do not try and force them on me - simple.

While I do not mind "discussion" I think your last couple of posts can summed up in two words "vile and nasty". Given the choice to read your posts is like being given the choice of catching syphilis or gonorrhea neither of which is very appealing (like yourself). If you are actually invested in block and are not happy with the performance of the company go tell someone in a position of importance in the company. Even better sell up and move no one on here will cry at your leaving............
You obviously have an agenda and we know what it is.

I know what you mean - so many people on here have been star struck by the prospect of a rapid uplift in the SP following the RNS detailing oil and gas flows in excessive volumes. Maybe people are getting bored or if they bought in during the climb from 11p to 17p they might be dropping out because they want to get their capital back. Said it before I am here holding medium to long term, have sold none and added 330k shares during the last 3-4 weeks. My own view is that once the news does come it will be like the oil and gas flow it will appear in volume. Just my own take on the situation, as usual DYOR and GLA

Personally I feel slightly more worried when he is NOT posting on here............

11248 shares @ 10.58p showing as a sell ....................seems to be a lot of this going on.

I usually work on a 50 - 100% gross margin over cost - If I buy something for £ 100 I would expect to spend some time and/or money on it and sell it on for £ 150- £ 200 after costs I would clear £ 40- £ 75 or a 20 - 35% net profit. The idea of laying out nearly £ 70K for a return of just over £ 1000.............does not appeal. I have thought about day trading in the past but I would rather take a longer view and hold for a higher return than 2%. However it does beat most building society interest rates and if you can do that every day it is a lucrative proposition. It is beyond my knowledge base and outside my own comfort zone.

Hi Lexion - Welcome on board what I call the "Block Experience". Things should start "moving" soon as an operational update is due at some point soon. The SP has been hovering around the 11p to 12p region.........until the next RNS lands it's a game of wait and see.

Hi Mr Mustard - Yes that's it for me - happy to sit on these now and wait to see what comes up in the next few months. Not really bothered by day-to-day movements in the SP - much more interested in the medium to long term potential for growth...........
a keeper.

17,642 shares @ 11.28p - just a quick final top up before any news breaks. Just got to sit and twiddle my thumbs until the next leg up on the SP which should be pretty soon.

Anyway you can view without signing in.? I have forgotten my Linkedin password and cannot seem to get around the password sign in.

It's "Deja vu all over again" the SP still holding up well hovering around the 11.5p mark. Obviously any operational update RNS will send this moving north but things seem to be dragging along during the waiting period. As usual I am sure some of the "sells" are actually "buys" in disguise.............hopefully news this week (while I still have some fingernails) - GLA

Well first of all welcome on board the "Block Experience". I do not think you need to worry to much about the average price you have paid I bought some of mine in excess of 12.5p - just sheer luck that I managed to gather enough early on to bring my own average just below 6.5p. I agree with you 100% these are a medium to long term hold for me - I have £ 20K in my ISA for this year. When these shares were volatile - some weeks ago they became a "trading" opportunity for day traders. If you can lock them away - they should grow well over the next 6-12 months as news gradually comes to the surface via RNS's. Just a final note - I sold 200K of my Block shares some months ago around 7.2p and regretted doing it and bought them back next day on a slight dip and it cost me less than £ 200 extra. Rapidly after that the shares have gone up and down and now settled at around 12p as their baseline. Good luck with your shares and Good luck to all LTH's.

Mean Mr Mustard - 900K that is a very healthy holding you have - how is your average SP looking after your recent 89K purchase.? Only asking as I added 100K shares myself and it pushed my average up to nearly 6.5p. Good luck for the days ahead - should be interesting times.

What's the obsession with 315423 - is this some sort of code.?

Yes - it would seem that the SP is being held around the 11p mark. As you say once there is some form of "news" on dealing with production, storage, transport and sales of oil and/or gas the sp should start moving north. Someone rightly pointed out this is oil and gas E&P not shed building............Patience is required by one and all, even the profit hungry PI's.

summed up exactly what I have been thinking about the person who shall not be named but who's initials are PB. I suppose all I can say to Mr PB is this "If you metaphorically drop your trousers in full view of everyone and wave your hairy bo**ocks in the air - do not be surprised when someone kicks them"...........

I wondered that myself - mind you shifting 1.8 mil in one go ...........If you are desperate for the money you would have to accept a lower bid price. Nearly came a cropper myself some time ago by selling a large volume of shares - my way round it was to sell them as four separate transactions. Four dealing fees (about £ 40) but the difference in the bid price was over £ 600...........