Some on here are capable of convincing themselves that black is white and then much to their dismay can't understand why we all don't jump in and believe them...for me getting Helios online using cheap wind generated power without dilution was my main concern, something that the BOD have managed to achieve. BTC will move sideways for a while IMO with it going on a bull run later this year. The balance sheet at Argo is strong, they have a funding agreement in place and I think it's the time to buy.
Doesn't really matter if they are buys or sells...if someone is selling there is a buyer....need to see some new money coming here now...that will transform the SP...broker note 21p unrisked...decent starting point IMO
They only perforated a 5m section to prove they could flow the oil... They know what they've got, but didn't want anything to get in the way of the debt for equity deal or the re-distribution of shares to the wider concert party....they'll perforate more intervals and A8 could easily double current daily production
RE: They’re not going to sell anything for £80-£100.08 Mar 2022 16:30
The product isn't over priced...it's bang on in terms of the market place. It's the first product using synthetic CBG to be marketed in the UK...The price for it is much lower than some luxury brands and it first to market. I bought for family pre-christmas and they have re-ordered since. A decent marketing campaign and some stellar reviews and this will fly IMO...
Bored of this board now...toxic and not helpful. So many wannabee marketing experts on here it's comical. If you don't like the product, the BOD or the marketing stance...why are you wasting your time...just sell up...it's very, very simple!!
Lots of negativity on here today....why follow something that you believe to be a 'dead dog' ??? Sound to me that some have cashed their chips in at a loss and want everyone to feel their pain...sad really!
Adrianz I don't see a seller in the trades...well not somebody of the scale you are talking about...it's not worth me getting caught up in the semantics...with the potential here and the POO it's obvious to me that something is holding the SP back. Let's see what happens after the 8th...
KK I know you don't agree with me over keeping the price down...any director sell would have to be RNSd and it hasn't....there's been no pump and dump as you have suggested...outside the matched trades there has been very little volume...I have monitored all the trades since the last RNS...my belief is the SP is being manipulated....unlike the boat deal, 3AB this is the first time they've tried to push a deal through at less than the current SP...
RNS published 15th Feb....16th Feb SP hit 5.13. Huge volume of matched trades brought price down to 4.13 price moves back to 4.70 before more matched trades bring it back down. No opportunity to trade as suggested. Just pure manipulation to keep the price in a range that allows the debt for equity deal to go through at 3.42....it stinks but that is the BOD of CASP for you...after the 8th positive new flow and a re-rate IMO
There won't be news until after the general meeting IMO. The price was manipulated downwards using matched trades before the Ukraine crisis. Both have worked well for the directors of CASP, keeping the SP in a range that makes the debt for equity deal more palatable to the regulators. Once the deal is sanctioned. I'd expect news a plenty