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Guys, read rns - special resolution not passed - does anyone know what this was?

Scott Robertson, Central North Sea Area manager at the OGA said: “The resulting commendable level of engagement between operators and high quality applications enabled us to make awards confident that the right assets are going to be in the right hands to deliver the optimal MER development of the Greater Buchan area.”

https://www.energyvoice.com/oilandgas/north-sea/204105/oga-hands-out-awards-for-greater-buchan-area-licensing-round/

Yes they were, and I can imagine a lot of PIs fell for they’re games..it’s delayed traders, none and then sudden movements, showing buys/sells all red to try and get PIs to panic or boredom sell. From their end, they probably have some hugh orders to fill but very few shares available..with the liquidity and small free float.

This bod buy can be hugh hint...as Equinor may have already provisionally expressed their intentions..it’s a no brainer anyway when you think about it!

Yes absolutely hugh confidence..anybody any further doubts of where this is going?

It’s called market manipulation in PI world, to allow the big players to buy hugh amounts at a certain price. MMs will hold the price for them until they fill their order..

BoD buying more.

MMs struggling to fill these orders in the background, need shares who wants to help?

Whilst MMs ‘dangle the carrot’..

Agree looks like another filled..up we go

They would be itching to get this done, an excellent deal for them. Wonder if other interested party can bid for 50%?

Tomorrow should be another good day here, as market further digests these RNSs today. The BOD buys today shows there oozing confidence, tomorrow we might see more as this is still way undervalued.

Should pass £2 by close...gla

Remember they received this offer before they issued the RNS last week, this means bod have already dismissed it and have issued formal sale rns to open the bidding up..!

That’s was a quick...first offer now in at 17p...next offer?

Wilfrid - seriously mate you need help, you were also here yesterday trying to put a negative spin. You seem to post negatively whenever you see a retrace after news spike..either is genuine lack of knowledge or intentional don’t know!

Remember even at year high, they had nothing like the deal they have just struck yesterday. This is min and should break through this..tiny free float and these are most likely being snapped up by institutions..don’t give them away cheap!

Think after that transformational rns then the CEO call, I would have thought it would be criminal that these would still be under £2...we got more on rises on Twitter rumours than this on even modest funding news!

Finally moving, hopefully we got rid of all the traders yesterday and early today...should move fast as free float is extremely tiny as you say!

Totally agree...onwards and upwards. Gla