Member Info for ICB888

First trade of the week a 45000 Buy at full offer 1.05. Positive start as we await news today or tomorrow.

Smith
Not sure why you are so focused on the AGM. You will learn nothing new of any consequence at the AGM as anything of importance has to be issued by a separate RNS. Hopefully they will release something major before the AGM and you can look forward to it for that reason.

Yesterdays large Buy of 1450000 at 1.1806 at 16.22 was reported after the close. I think something similar is highly likely today.

The sells are needed to feed the buys. That 547000 Buy at 1.188 was late reported . Remember yesterday when the largest trade at the highest price was reported after the close.

I imagine they are hoping and expecting that the 3D seismic will show a significant upgrade in the gas resource. That was certainly the case with CHAR which is going along a very similar path to AEX. We probably won’t get the full seismic this month with the confirmation of the drill site but hopefully a taster. The full seismic can then keep up the news flow in the run into the drilling starting.

Looking promising to move Up again today. We have seen 1.1899 as the highest buy so far and the larger buys are now at 1.1758. Buys outweighing sells 3/1 on volume of 2.7 million.

The late reported trade from 16.22 is worth noting. It was the largest trade of the day at at the highest price.
A Buy of 1450000 at 1.1806p. That certainly bodes well for tomorrow .

Cash in time
If you are making a statement that APT will take us out shortly, you will have to give further and better particulars if you wish to be taken seriously. The price of this takeout would also be of interest.

At the close Up 9.5% at 1.15 on a volume of 30.6 million. Another good day at AEX.

Spread being moved about into the close. The highest priced trade all day 283000 at 1.511 has just been shown as a sell because they moved the spread to 1.15/1.20. It’s obviously a buy.

A lot of those sells are actually buys just look at the price of the trades. The large spread has put millions of buys in the sell common. The rise in the sp tells you that is the reality.

Now Up 9.5% at 1.15 on volume of 22 million . We last closed at 1.15 on the 29th of March this year.
The high previous to that was 1.5p on 15th October 2020. If we close above 1.15 today the next target should be 1.5p as we are clearly in a much better place now than we were in October 2020. The news we are expecting should see us achieve that and more in the coming days.

Volume building as we reach 16.5 million already ahead of yesterday and last Thursday which was the start of this current rise. We now have to look back to early June when we had a 23 million and a 44 million day to see what volumes can happen when the market starts to take notice. Currently Number 7 on the Leaderboard Up 7.14%

Showing down because of the only `AT trade so far at 19.85. The other 8 trades have all been 20.20 to 20.50.

Buys exceeding sells 2/1 as volume reaches 5.6 million.

Just 6 trades for a volume of 88000 in the first 50 minutes of trading.

Currently 1.10 at Number 11 on the Leaderboard Up 4.8% on volume of 3.2 million.

Yesterday’s strong finish continues this morning. Currently Up 2.4% at 1.075 on volume of 2.3 million. 1.14 buy of 449000 has gone through above full offer of 1.10 so a further move up looks highly likely.

I have listened to that interview again having listened to it last year.
When Ed was put on the spot about the market cap he expected by now he said £78 million having initially given a range from £50 million to £110 million. That translated into a share price of about 35p from the 8p it was at the time. So for that to happen we need to 9 bag from where we are today. Clearly the biggest driver will be Leap and one year ago based on comparative companies ( and Ed thought Leap was better) he said he would expect Leap to be worth north of £100 million and probably some way north. We are now 12 months on and I think we can be pretty certain with all the advances made by Leap that it is worth considerably more than it was a year ago.
Let’s hope that at the Investors Presentation and Q&A in early September we get a firm timeline on the Leap liquidity event.

Closed Up 5% on volume of 13.5 million but note the last reported trade of the day which was the largest trade and also the highest price paid, 1.8 million at1.0975. Just short of full offer which bodes well for tomorrow.