You do realise that most AIM companies have votes to enable the facility to raise additional funds?
It doesn’t necessarily mean they will utilise it...
Different geology/drilling conditions maybe?
I think people are starting to over-think the whole situation and it’s clouding their judgement.
There will be news soon. There will be oil strike or it will be a duster. The SP will rocket or it’ll collapse. Place your bets, take a seat and wait. GLA
Why would people be selling if no news on Friday, if they know there’s the licensing meeting on that day and therefore the likelihood of imminent news is quite high?
It’s quite simple, people on Twitter were pumping this over the weekend on no evidence whatsoever and the SP has returned to pre-pump prices.
News is due soon and will arrrive when it arrives. Jumping ship on Intra day swings is one of the quickest ways to lose money. GLA