Member Info for Infor

I'm quite happy with this, at this level of pricing the yield is a whopping 6.5% - happy days!

Still offloading happening unfortunately (delayed sells popping up - but not as large as yesterday), until this has ceased I think we won't see a lot of movement, that's not to say it won't happen but it may not be soon unless our 3m buyer decides to get back in again.

Yeah but 'Shares in issue but not in public hands' we would more likely know about these movements as they are held by directors etc.

Issued share capital 72,512,317 100%

Shares in issue but not in public hands 40,874,643 56.4%

Capital structure

Last updated 21 September 2023

LSE AIM ticker ORCA

Capital Structure Number of Shares Percentage

Issued share capital 72,512,317 100%

Shares in issue but not in public hands 40,874,643 56.4%

Free float 31,637,674 43.6%

Directors and Significant shareholders Number of Shares Percentage

Stephen Brown and his wife, Julia Cane-Honeysett 29,164,683 40.2%

RAB Capital Holdings Ltd and connected parties 7,745,000 10.7%

Greg Harding 6,271,680 8.6%

Alan Hume 3,544,960 4.9%

Joe Darby 420,000 0.6%Free float 31,637,674 43.6%

Sorry 31.6m shares in circulation.

He may decide to pump it again, but I suspect he will take the nice profit on the way down. There will be more opportunities in this as there only 32.6m shares in circulation.

Several of these 'delayed' sells have been going through today:

10:43:25 15.70 100,000 Unknown* 14.50 15.00 15.70k

And 3m shares were bought at circa 6p on Monday. Someone knows what they are doing!

There is a gradual offloading of big chunks of shares, probably the 3m bought on monday at 6p. This probably won't do much today :(

Stephan was careful not say who the partner was but as you say the technique is well proven. I think it will take many months before we see this hits their bottom line, so it's long term but you may enjoy the ride between now and then - I have! Money won't be an issue with Shell being their 'friendly' banker. If you like this sort of company SYN are far more advanced in terms of proving their potential, flow rates and farm out partner expected much sooner - one to have a dabble on!

Newish to this one but I thought I would enjoy the ride, but having listened to the investor presentation I understand that this is all about employing a new technique to get the 'viscous' oil to the surface commercially. There is masses of oil (and gas) but because of its nature, hasn't been exploited but Chevron have proven that using this polymer technique it can be done. So as a long term investment it's a no brainer which didn't suit my motives for buying these yesterday and today! I expect there will be a lot of volatility to come but company's valuation is peanuts currently to what it will be worth.

Nice update on Twitter:

https://twitter.com/Synergiaenergy

Looks like things are happening!

My buy today showed as a sell, so I suspect most of these trades today are also buys.

Just bought a few after a long break. The yield at this price is around 6% just for the interim - not bad

The trading statement is showing sells instead of buys, just bought some more this morning and it's showing this as a sell.

One of the attractions here has got to be their dividend policy of an annual dividend of 40% of free cash flow and the ongoing strong demand for platinum?

Might explain it:

https://www.hl.co.uk/news/2023/5/23/oil-extends-gains-on-higher-gasoline-demand-tighter-supply?utm_campaign=Newsroom&utm_source=AdobeCampaign&utm_medium=email&theSource=EONRM&e_cti=12224823&e_ct=T&Override=1&deliveryName=DM96184

The scale of "the acquisition of up to 51 per cent. participating interest, and operatorship.." won't be known until this kit is up and running, fingers crossed it will be valued at far greater than the current market cap of £11.78m which is peanuts when you look at Roland's 10 well projections of $725mm.

On 9th March: "The company aims to have the jet pump solution for the C-77H well operational in the next 90 days" and the pump would have left the USA around the 12th May by airfreight someone said, so I reckon it will be operational early June? A long wait.....

Might this affect SYN moving forward? Not sure that NG is included though:

"India cut windfall tax on petroleum crude to zero from Rs 4,100 per tonne with effect from May 16, according to a government notification. The windfall tax on petrol, diesel and aviation turbine fuel (ATF) was left unchanged at zero."

Shorters run for the hills!

Shorters have sent it to new lows - no other reason. How greedy will they get?