Member Info for Hertstrader74

Almost all trades today have been buys at around 3p so fair to say about 3 million placing shares flipped. Probably 3 million of them yesterday and so on so with this buying volume we could be clear of the 2p placing towards the end of next week

Just like early last week when arato were cleared the share price moved quickly up to 3p in only a couple of hours. The 2p placing shares are already being sold and who can blame a near 50% profit for some of them but undoubtedly there will be some in at 2p who will be not selling. We may have some resistance at 5/6p as some of the 4p placees offload. However I am so encouraged by the noises coming from the company of late and now hold 517k shares at 4.55p average

It’s just mind boggling how advanced all 3 projects are. CO2 in Trinidad soon to give results at highest co2 pressure, Morocco still ready once restrictions lifted and in talks with 2 global partners in Ireland and already purchasing the raw materials needed. I wonder who the partners are and I guess it’s likely they will farm in. All this with today’s 240 million shares and at current sp a paltry market cap of 7 million. Should be well above 20million. Clear the overhang and pop

Wow. Things really are progressing a lot quicker on our Ireland assets more so than I had expected. Excellent news and it doesn’t take a rocket scientist to realise we must have interested party’s for a farm in. Great news and we have CO2 in Trinidad to come in next month or two and of course the well funded gas drill in Morocco end of this quarter. Well done those who bought just under 3p yesterday. New placing shares officially online today so hopefully a good volume day to burn through this overhang. Once that has gone pop, this will move fast. Don’t trade this share as you may not be able to buy back in bulk when it does move. Well done Paul

One from yesterday of 1.5 million at 3.151p and a couple of 500k trades today one a sell and a 596k buy

Probably a very large sell from the placing around 3p being worked. Good to see over a million of that being bought today so far

Ask price moving up on every buy

I got one am expecting 20 million market cap at least on spud so circa 8-9p

I will probably do the same. Only 26% down now

Really good volume so far. Over 5 million traded clearing those placing shares nicely. Soon will be over 4p and Intersting to see what the 4p placing holders will decide to do

Large buy from Friday just showing

Didn’t MATD go up to above 30p a couple
Of years ago after fundraising for their wildcat drill. Similar number of shares at the time. Of course in this environment we won’t get that price but I would expect to comfortably sitting over 10p for the drill

I agree and just wait till the handbrakes come fully off when arato are done (I think they are on the last million or so) and the 2p placing is absorbed next week. Even with this overhang the share price has reacted strongly this week and good consolidation today again with a lot more buys. Many of them at 3 p and above

There is almost certainly a large sell being worked all day. Nothing to worry about. Some decent buys today and consolidating well with a few traders selling for some profit

Market makers working the large sell quite well. Plenty of buying today

Good to see the buying continue today. Clearly a large background well being work. Probably forward selling of the 2p placing shares

Looking good again mostly buys so far today

Yep I agree that Atari have cleared. Some of the 2p shares may have been forward sold. As you say I can’t see many selling till we get above 4p bar the odd 10/20% traders. Will be interested in buying volume today. Onwards and upwards. Only 32% down now

0.25p. Absolutely disgusting. I would not touch this with a barge pole. Just lucky I sold Wednesday when I kept seeing the 1 million share sales

It is clear the market makers let it go a bit today so arato must have finished their selling for now if not for good. When the 2p placing shares hit the market next week it wii be intersting to see if this rise is sold into