Member Info for Gary1960

Agree with you R-d-R 100% - I originally has 14 companies in my share portfolio - 10 of them AIM based. The majority (90%) were turkeys - the SP swung wildly up and down on gossip, lies and half-baked ideas. ......I now hold shares in just two companies Block and one other (non oil E&P). I am sure it would be possible to require information around shorting and raises but not 100% sure how it would be pro-actively "Policed". Asking the market to police itself would be like asking the turkey to vote for Christmas. At least Block seem to be bucking the trend and showing how it should be done - long may it continue. GLA.

Currently at 9.625p I thought maybe the SP would drift back up to the mid 10's as the buys/sales were slowing down since yesterday but it looks like the price is being held back.? Maybe a rally after the Bank Holiday and swift movement early next week.?

SP seems to be holding @10p but the spread is showing as 6.0% (9.7-10.3)
Maybe the SP will drift North again as we head towards the end of play.......

Tony - Yes once word gets round I think the SP should be moving towards the teens fairly rapidly. I know there has been a lot of activity since the RNS release but as you say once it is trumpeted by the press it should set the SP moving North..........

3 million - makes my 51,000 look rather pathetic...........mind you, at least it all adds up. LOL.

Yes I think that is the case in the short term Block should be at 15p based on the recent BOPD figures and the plans to raise flow rate to 1100 plus per day once storage and moving are in place. As I have said a few times on here slow and steady suits me fine it's the sudden SP movements that muddy the water......GLA

Just looked - my buy went through at 10.32 (51,115 @ 10p)

Hi SEA7 - I suppose that this is a slight adjustment after the SP ran up to 12P yesterday after the RNS release.? Have been adding in stages as the SP has been moving North and de-risked twice so my average SP paid is at 4.3p. Looking at some comments on here I suppose if you jumped in and bought a large slice of shares yesterday at 11p or higher then you might be feeling a slight unease and a sinking feeling seeing the SP slip back down a bit today. Do you feel that 14-15p is "doable" in the near term.?

Looks like 10p is the old 7p SP at the minute just have to remember it has come a long way from the 2.7p days.

SEA7 - I did exactly the same myself. Put £ 20K in my ISA for this year and just put 50K shares more to my own holding. I see no reason why the SP should not get up to mid teens in a few more days of trading. There has been a lot of churning and profit taking on the rise - plus MM's "games" as some people say - its still a volatile period for the Block SP. I am still holding for the next leg up. GLA

Of 7.2% ................why is the spread so B-I-G.........?

Agree with you Coldspy - Exactly what I did - trimmed out the dead wood and bought Block shares earlier on this week. Looks like it was a good move.........

Was like waiting for a bus to arrive - you wait for ages and then five turn up together. LOL. What a great result - the figures are fantastic and the SP is heading North at a rate of knots. Some people taking a quick profit on the rise but I think lots of people (me included) are holding with sticky fingers...........Well done to the guys and gals at Block.

I am in the same position - but with a slightly higher share holding at present. The SP seems to be holding up okay at the moment with no RNS or information filtering out. For myself I am happy to hold longer term - I will not be flipping these for a quick profit any time soon. You get the feeling that Block is the "real deal" unlike so many of the companies I have invested in over the years.

Not sure if that is accurate - the SP has swung from about 2.7p to around 10.75p there were two "resistance" points at 4p and then again at 6p from what I have seen the SP is fluctuating between 8p and 8.4p. Granted a release of information by way of the RNS on flow rate/pressure and BOPD would be good news.

Saw it drop to 7.85p but could not top up as I have already bought 200K shares yesterday and I am tapped out financially. Nice to see that the SP is holding steady around the 8p mark - I said it before, slow and steady suits me. Oh well back to filling in my tax return.........

Gizzard - I agree with your sentiments - people get bored and take their attention elsewhere. Just when they move off with their initial investment is when things might actually happen - Like a very healthy RNS and a healthy move north in the SP. I sold a slice of one of my other holdings to buy another 200k Block shares - at 8p or below it's a steal in my eyes.

Thanks AJW - Had to do it regretted selling them as soon as I had done it. Happy to have them and see what comes up over the next few days.

Sold some last week - price dropped so I have bought back in again 200K at 14.45
Takes my holding back up to where it was before. We might well be looking back in a few
days time and realise how cheap these were at around 8p.

I have held my shares since last year - about 6 months. My take on the lack of RNS since 8th of April - good, bad or indifferent it will be worth waiting for. Block have had a very clear plan of action from the off - they have said an RNS will is due - there was no "tell by date" so I am trying to be patient.