Member Info for leas

However, a late reported trade of 400k. Price agreed 18.2 and likely to be a buy despite the colour red.

Apologies UT

390k buy! Same again landlord

Good morning Luck
Have to agree, those unexplored blocks are often ignored when pi’s are guesstimating value.

cav, welcome to the bb. I suppose with AMER you have, as always to second guess the Directors thinking.
I think COP5 is bigger than originally thought and by the gearing up of the infrastructure by ONGC that thought is highly likely.
I don’t think our Directors are as dumb as the majority think and will know what potential that block has and a good indication of current value.
That said, I would hate to see a company buy AMERs rights in a rushed deal only to discover 2 years on that it was indeed our jewel in the crown.
No doubt your aware of ONGC videsh tenderdoc tab?
Worth keeping a close eye on. Usually updated over the weekend.

Sorry boring myself now, but volume is also another factor to consider with the declarations. Any delay in reporting can be second guessed with the number of shares traded.
We are still trading in a narrow spread so ignore the buys and sells ratio. They are trying to paint a picture of another day at the office as they buy shares as cheaply as possible. Trying to trade within the ‘band of shares available in the open market ‘ Drop it too low and investors will pounce on the risk v reward opportunity, or pay a premium and risk a breakout.
As this plays out, there is also the probability that AMERs fundamentals improve and the valuation becomes more attractive.
AMER looks weak, but the informed investor knows better.
You can value the assets, hedge the PoO and the currency but forget about the price of the potential. Even those investors that think 25p a share is reasonable will admit that production is likely to rise year on year.

Mr Bumble, the 3% rule goes out of the window now. 1% accumulation or reduction has to be declared to the market. Even the corrupt AIM has a degree of fairness.
At last we can see other investors position ( within a day) that could put us in a level playing field for the first time.
Although the wind is in our faces and the light is deteriorating.
Timing is everything now. IMO, set yourself a target that your happy to sell at. Try not to focus on what you hope the final valuation will be and if your still in love with AMER do a cheeky trade when and if the opportunity arises

No 22, sweet and sour chicken with fried rice. The 86k was MMs balancing their books at the end of the day(UT) the larger one ( in a whisper) a buy

As I watch another ship sail along the east coast of Africa and wait for the waiter to bring me and the current Mrs leas another G&T, I ask myself why were they buying shares at 19p last week?
Hmmm pi55ing themselves they can still buy at today’s closing price.
Money from the impatient to the patient... looking forward to tomorrow’s Buffet.
Warren is a very good waiter. Fresh salmon and cream cheese, with freshly ground coffee..

As posted last week when trading in AMER has become transparent for the first time . In the past we have been sold down and left guessing why? Crap uninterested Directors. Sulking major shareholder.
Now we have an investor trying to accumulate at a price higher than they offered. Follow the money guys. They have done their due diligence and know the true value of AMERs assets.
Sit back, relax and enjoy the ride. Forget the short term frustration. Any purchase at this level is pretty much nailed on. The profit margin is the only thing in question.
Oil price likely to be maintained and likely to rise in the current political environment. Sterling at a 2 year low.
lth’s Keep the faith. The end game is coming.

Rally the troops. Fix bayonets. ... Grow a pair and bring in a few cows for those cheeky bulls :)

Total correct Gary
That is one of the differences between AIM and the main market. You do not need shareholder approval.
Personally, I wouldn’t want a deal prior to Ind-2 and the HY results. I want to know our cash position and CPO-5 being proved up. We could potentially be selling our 30% in one of the largest oil discoveries in South America for less than 4p a share!

It’d
As I posted prior to any offer, any increase of price above 20 will see a lot of
the Lth’s off. The price erosion from Ind-1 and dare I say RH has created a lot of ‘stale bulls’
Or put it another way’ Are there yet Dad’
Massages down to be exploited on the way back up for the benefit of the institutions.
IMO, this is the easy bit now. No pain, no gain!

Cliche cliche but reflects my views.

Nothing to add to your he bb but makes me smile.

A broken clock gets it right twice a day

JP, post rec. Always quality.

Like who? Hvo is not just about FLU-v.
GSK do not need to play any games if they want to take over the company. Our current MC is probably less than what they spend on R&D in a month.

Moniman, it was like this prior to the P11b trial when the CEO stepped down and the MC was dwindling away.
I get the impression that the Seek Group are running things and working in their own timeframe. Of course they don’t have shareholders to keep happy.
I remember they are supposed to be going into a profit this year so I don’t see funds being a problem but of course this is AIM.
Locked in some profit at 27 but equally frustrated with the lack of news.
Have to admit I believed TP when he said a partner deal was close back in June 2018.
That said, I do believe they have the ‘Holy Grail’ of vaccines for Flu so I suppose it is only a matter of time the true value can be unlocked.
My strategy now is to sit and wait for news and catch it in the way up unless I get locked out.

GTE’s CEO was filling his boots at a much higher price back in February. They need to shake things up.
AMER not dual listed, MC in Sterling and earnings in dollars. Anyone bidding for AMER are getting a good discount due to exchange rates.

Spudding of Ind2 ....

Happy to see another 5% rise. Should make the sp less volatile to price movements once 20 is broken.
Institutions still adding and having to pay a premium on the 17 offer.
Nice and steady in the early part of this process. Would be nice to have Sol-1 confirmed as commercial, not forgetting sounding of Ind2. Lots of news to come folks. News at anytime.
Just catching up on some of today’s posts, in particular buybacks. Some annoyed that they were not buying when it was 12 but if an institution was selling down then maybe not the best time.
Personally, as shares become less liquid, that would be the best time and take the sp to a level that truly reflects value.