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RNS Number : 4495M
Bahamas Petroleum Company PLC
21 January 2021
Price Monitoring Extension
The auction call period has been extended in this security by 5 minutes.
Auction call extensions give London Stock Exchange electronic order book users a further opportunity to review the prices and sizes of orders entered in an individual security's auction call before the execution occurs. A price monitoring extension is activated when the matching process would have otherwise resulted in an execution price that is a pre-determined percentage above or below the price of the most recent automated execution today.
The applicable percentage is set by reference to a security's Millennium Exchange sector. This is set out in the Sector Breakdown tab of the Parameters document at www.londonstockexchange.com/tradingservices
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BPC JUST TWEETED !
https://twitter.com/bpcplc/status/1351927769203093509?s=21
So call me stupid here but did we all not know this is exactly what they have been doing since last week !?? Offloading??
What was this update ?
Starchild I for one read and trust what you are saying , ignore the ignorance of some ! So where does this leave us now ? I take it this has an underlying good tone ?
Yes maybe I jumped the gun after rereading , we need to see more details .... RNS in morning hopefully should help if there is one .
This surely is great news !
I take it somebody is offloading heavily to reduce us to 2p ??
Informative post many thanks .
personally I think the RNS is positive news , there would have been caveats to protect lender , money is needed to drive us into 2021 and get production up and running , speculate to accumulate !! so when do these shares get issued and how long will it take to swallow them ?
When was this posted (date) because I’m on that forum and can’t see it ? Thanks
That’s exactly the same time as me ShareScare .... spooky !! So post what you have seen ?
Sorry they just reappeared ??
Is it just me or did a lot of threads just disappear??
Icemax thanks knew you had posted it before ...many thanks
Thanks Bespoke , showing as a delayed purchase , this is where it gets confusing but I know its not an exact science and has been explained before ...
Can some of the more knowledgeable dealers on here explain the following showing up ?
11-Jan-21 12:00:12 2.0988 410 Buy* 2.05 2.10 8.61 O
08-Jan-21 15:31:12 2.15 5,000,000 Buy* 2.05 2.10 107.50k O
11-Jan-21 11:59:57 2.10 450 Buy* 2.05 2.10 9.45 O
Dont understand it either , although as someone pointed out they may not necessarily be purchases as someone pointed out a few days ago , the blues and reds can get mixed up !! although some large buys showing on all boards !! I topped up earlier and now own just over 4,000,000 @ an average of 2.3565 ..... heres hoping :) really wish the negative people would settle ... i feel positive but then who am I !! some very knowledgeable people here and its a matter of reading between the lines and the BS !!
Thanks Sharescare , really finding this annoying painful reading the same BS from people day in day out , very similar to the PMO threads !!