Member Info for JohnHenry

Irish, the market will look at the facts in front of it.

At present AAOG dont have a license extension.

AAOG have found oil but havent flow tested.

AAOG dont have any funds for 104

is not a buy and hold market. It is a traders market.

Hence when an SP moves higher whether on news or rumour, the majority of the buying is done via traders.

Those same traders will then sell. Resulting in a net neutral result.

Imho Very few buyers of AAOG recently are long term holders.

PP the Nomad signed the RNS off so they must be happy with the figures quoted.

You must remembered the Nomad insisted on these words which knocked the SP for 6

the data gathered from the Well will, "subject to funding", enable the Company to optimise the location of planned well TLP-104 in order to produce from the Djeno reservoir at optimal levels.

I call today one big bearish shooting star.

Sardypaul i simply asked how you saw the trading today as your opimion differs to mime. always good to hear differing views.

so what is you view on todays trading ??????

a ShiT day.

your interpretation Sardypaul ????

buy volume is a tad under 8M sell volume a tas over 8M. SP is priced about right looking @ todays trade volume and PA.

I quote what i see in front of me ( L2) EGG not what i want to see.

At present there are simply to many sellers in the market for the SP to move forward.

Thats how it is at present, however things will change.

i did say the SP would probably close red. PA has got nothing to do with the MMs its the weight of selling.

Selling has been simply too heavy.

delayed rollover.

Tiburn unfortunately at present AAOG have SFA reserves booked.

Thats how u value an oil company, profits from those booked reserves.

Barkingcrazy are you forgetting about 101 water injection 400 BOPD and with 6 months Djeno possibly 5000Bopd multple wells, and of cause the Vanji over in SA 35,000 bopd.

do you not understand field development.

Traders, placing holders, weak holders, anyones guess.

im surprised the SP is not in the red to be honest, almost 2M more sells than buys.

Crazy buts thats AIM and sentiment.

Egg have you not noticed the large sells going through.

Excellent news, however sentiment needs to reverse towards the company. The recent placing was a shambles.

Theres still a shed load of selling going through, has been relentless for nearly 4 weeks.

Shalamar can you explain success after success please ?????

Massive effort being made to keep a lid on the price.

Silverlight the current price is 10p, any fund raise would carry a discount. Hopefully the SP will be above these levels when a placing is arranged.
Market seems determined to to hold the SP @ 10p.