Member Info for lodan1

If not continueing I think the poc would have been terminated by now....10-11 months in your decision would already been made either way and if you had no intention of continueing you would cancel as no reason to keep paying to prove a concept that is failure in the eyes of the bbc

nice 2 x 200k buys

Nice to see this finally move away from 93-96....i dont know any ta but 95 felt like it took some getting past

Would be nice if we could hold above 95p today as we seem to have struggled to get past it the last week or so

There was also a big buy..240k shares

Seems to be some good resistance at 95, hopefully we can get past it and turn it into a support

Maybe a decent day tomorrow the, although think it will be rangebound till some news gives it a boost

I think I must be the only one in here :( quietest board ive come across

From CNBC the commitee's comments on US shale SHALE IMPACT Ministers were also keen to highlight that any increase in high-cost U.S. shale oil production as a result of rising oil prices would be absorbed by rising demand. "We are not worried that production in the U.S. is increasing as prices go up because I think this will be absorbed by an increase in demand," Al-Marzouq said. Qatari Energy Minister Mohammed Al-Sada said with increasing demand "shale oil will all be catered for". Russia's Novak also said he was not worried about higher oil output in the United States. (Writing by Ahmad Ghaddar in London; editing by Jason Neely)

http://www.reuters.com/article/us-opec-meeting-idUSKBN1560CI

OPEC and non opec producers are meeting today so will get an idea of the level of compliance to the cuts.

Yes I think prices will stay lower for reasonably long time, OPEC will try and get some control over the situation and reduce the surplus and then try to creep prices up very slowley....if oil could be in low 60's by end of year id be happy with that....time will tell though

Well I decided to take the plunge today after a bit more research, 93.5 for a long term hold, will take a bit more if it drifts

Underperformer is good, eventually oil will be in fashion again and people will see value then. Got round to some research and there was a rights issue a few years ago fr about 170ish million ifbi remember right but still hugely down off the highs. The management seem really sensible which is good...onlynthing I cant find is the rns with the projected financials for fortuna if any one knows when they were released let me kniw so I can have a read....think someone on here said that with the newvdeal they were looking at $200 mil a year but just want to confirm that before I take some....seems a solid company though and think ill have some soon and hang around for fortuna producing and oil shares to be fashionable again

lost me there mate...hows life in sunny s****horpe

Not sure why it put the giberish but I wrote six pounds

Was just wondering back when this was £6 per share were there a lot less issued shares?

The issue is that buys and sells on lse just show if the transaction was above mid point of the spread (buy) or below mid point (sell). There is nothing to say that this is the actual case. People can often buy below midpoint and often sell above mid point. The info is not accurate so probably best to ignore it.

Would that not be a triple bottom?

Was looking at the wrong thing, it was todays low i was looking at not year low.