Member Info for Goodmann

Good to see the larger holders are locked in for 6 months and 12 months.

Does that mean share will prices at 40p from tomorrow?

We have taken a leap of faith by holding on. Next week will reveal the outcome of our decisions.

GLA

https://oilprice.com/Energy/Crude-Oil/OPEC-Will-Keep-A-Lid-On-Oil-Production.html

Interesting article
https://apple.news/A9BoXqomtTGqYIkLyY4_R-w

PMO is so unpredictable
POO falls 10%= PMO SP falls 30%
POO rises 5% = PMO SP still falls (in most cases)
POO rises 5% = PMO SP still rises 4% (followed by a SP I fall on the following day).
No sentiment in the market = PMO rises.
No sentiment in the market = PMO falls.
Predicting is the stock is going to rise or fall impossible!

PMO is so unpredictable
POO falls 10%= PMO SP falls 30%
POO rises 5% = PMO SP still falls (in most cases)
POO rises 5% = PMO SP still rises 4% (followed by a SP the following day).
No sentiment in the market = PMO rises.
No sentiment in the market = PMO falls.
Predicting is the stock is going to rise or fall impossible!

Only 8 days to go for the new company.
https://www.reddit.com/user/True_Equilibrium/comments/mc1jy3/only_8_days_to_go_for_premier_oil_and_chrysaor/?utm_source=share&utm_medium=web2x&context=3

https://www.google.co.uk/amp/s/amp.ft.com/content/f4e155b5-ac1a-43cb-921a-e4128917b491

UK seeks to drill more oil and gas from North Sea https://www.bbc.co.uk/news/science-environment-56503588

If only we large network like WSB, we could take on the Hedge funds and stop their manipulation.

Anyone holding you're not alone, I didn’t sell at 32p and I most certainly am not selling at a lower SP. The Hedges funds know that this is last time they can encourage a panic sell as their tactics wonts work on a larger MCAP. They would need to buy 20x as much stock to have the same impact (to manipulate the market) and honestly I don’t see that happening.

GLA

POO is down due to extension of EU lockdown until mid-April. IMO POO will most likely go up in months ahead.

The POO doesn’t reflect the drastic fall in PMO & TWL stock price,
The SP of PMO and TLW are down thanks to Whitebox and Melqart selling of large number of stock since last week. By selling the stock over a number of days achieves two objectives. IMO
1- To take a profit without drop the SP too much.
2- Buy selling a large number of shares day by day it create panic and lack of confidence in the stock, the selling starts a domino effect, whilst they have taken then their profit other (like us) start to panic sell and as a result the stock is oversold and this is when the Hedge funds buy back in.

If only we could all just hold (easy to say but very difficult to do in reality - I know as I am holding on whilst the SP drops so much in such a short period of time. ) because I know the true value stock is a lot more then the current SP.

GLA LTH

9 days to go.
https://www.reddit.com/r/WallStreetbetsELITE/comments/mbaeki/only_9_days_to_go_we_must_stop_the_momentum_the/?utm_source=share&utm_medium=web2x&context=3

Premier Oil and Chrysaor merger countdown.
https://www.reddit.com/user/True_Equilibrium/comments/makfro/harbour_energy_will_be_the_largest_londonlisted/?utm_source=share&utm_medium=web2x&context=3

Don’t you just hate it when POO go’s up after the market closes. I agree Monday should have good start unless POO decides to go for another dip :-/

I will start a count down for the merger on Reddit. Hopefully we will be rewarded with new bananas for all pain we have endured from 2020.

Never seen POO drop so quickly like yesterday . It did make me feel little uneasy to witness PMO SP drop 13% in over 10 days. I almost sold but then I decided to ‘HOLD’ instead, it was a risky move but like SK I am also looking forward to the merger and IMO this SP is very undervalued and has a lot of potential to go up.
GLA

Thanks Soder,

Lots of positive.

‘JUST BUY & HOLD’

GLA

This is my take on the old bananas vs new bananas. Hope I got this right.

Sell wants to sell ie 100 bananas because he knows he will get a new banana for each exiting banana he holds and an additional 100 bananas after the merger. The problem sell has is that he will not be able to sell new bananas instantly due to the lock in agreement. But there is nothing to stop the seller from selling 100 banana before the merger. With the sale of the 100 bananas the seller take the profit and invest elsewhere if he wishes.
GLA for tomorrow.

Wouldn't that make the existing North Sea licenses even more valuable?

Agree Bladesman, this can only work is OPEC+ maintain a limited supply. Anything above $65 is good news for HE Stock holder. Looking forward to captain Cook announcement on dividends this year.