Member Info for lonestag

Capex was hedged for this year duster...

And it’s not insider trading as long as the person making money was not in the meeting....it’s all a rumour..insider trading definition is “ the illegal practice of trading on the stock exchange to one's own advantage through having access to confidential information.”.

The big boys always know because a co will go and find the finance before they make an acquisition...so that a lot doors to knock on and presentations/meetings...people notice this in London

I can see that happening in July as Saudi have decreased shipments to USA and to China and Asia...they want the oil price to recover quickly .

Oil above $41 now but markets still static

Poo on the rise...nice breakout into $39+

It’s only a small portion of India’s population that has been locked down....I read the news too

Well he still right in saying “July will be a much stronger month" as the lockdown in India is only from the 19th June until the end of June, that is what was reported

Sorry bud....Asia customers have opted to decrease orders....not the other way...no effect on oil
“ Due to the steep increase, at least one major Saudi crude oil buyer in Asia has nominated nearly one-third lower supplies from the Kingdom for July, a source with direct knowledge of the nominations request told Reuters.

Other refiners in Asia will likely look to buy more competitively priced arbitrage oil cargoes from the United States and West Africa and cut supply of what is now more expensive crude oil from Saudi Arabia and the Middle East as a whole, some of Reuters’ sources said. ”
https://oilprice.com/Energy/Crude-Oil/Asian-Oil-Markets-Tighter-After-Saudi-Aramco-Cuts-Supply.html

Spirit energy recovered since the fall in feb...but rre still around 40% down from yearly average price....why...I don’t understand why...anyone out there enlighten me...

Official Opec statement

https://www.opec.org/opec_web/en/press_room/5963.htm

Oil looking strong to recover in June and Russia predicting a shortage in July...

https://oilprice.com/Latest-Energy-News/World-News/Russias-Energy-Minister-Sees-Shortage-In-Oil-Market-Next-Month.html

https://oilprice.com/Energy/Oil-Prices/Drilling-Executive-Oil-Prices-Could-Hit-70-This-Fall.html

04-Jun-20 16:01:19 1,211.15 10,000 Sell* 1,202.00 1,222.00 121.12k Sint
04-Jun-20 16:54:16 1,211.15 10,000 Sell* 1,210.00 1,238.00 121.12k XLon

It s tagged as a sell but the sell price for most of the day was 12.04.....very interesting.

Another transfer of shares....someone using a firm/bank to buy the shares and then its transferred to the clients account...what going on and how long until we find out....someone been buying shares past two days after hours.1st trade is the sint trade and 2nd is the transfer.

https://www.londonstockexchange.com/stock/RRE/rockrose-energy-plc/company-page

https://www.icmagroup.org/assets/documents/Regulatory/MiFID-Review/MIFIDII-the-SystematicInternaliserRegime-060417.pdf

If you look on the new improved London Stock Exchange website the two trades have different mic codes...earlier one has mic code (Market Identification Code ) sint which is Systematic Internalisers(Systematic internalisers (SIs) are investment firms which, on an organised, frequent, systematic and substantial basis, deal on own account by executing client orders outside a regulated market, MTF or OTF without operating a multilateral system.) and the 2nd is xlon which is London stock exchange....this to me is a transfer of shares as NewKotb posted

https://www.londonstockexchange.com/stock/RRE/rockrose-energy-plc/company-page

LR 9.2.6ER27/04/2020
Unless exempted in LR 9.2.6HR, a listed company must:

(1) forward to the FCA for publication a copy of one or more of the following:
(a) the approved prospectus or listing particulars for its listed equity shares;
(b) the relevant agreement or document setting out the terms and conditions on which its listed equity shares were issued; or
(c) a document describing:
(i) the rights attached to its listed equity shares;
(ii) limitations on such rights; and
(iii) the procedure for the exercise of such rights,
produced in accordance with the relevant Annex of the Prospectus Regulation that would have applied had the listed company been required to produce a prospectus for those listed equity shares; and

(2) if the information in relation to the rights attached to its listed equity shares set out in the document previously forwarded in accordance with (1) is no longer accurate, forward to the FCA for publication a copy of either of the following:
(a) a new document in accordance with (1); or
(b) a document describing or setting out the changes which have occurred in relation to the rights attached to the listed company’s listed equity shares.

https://www.handbook.fca.org.uk/handbook/LR/9/2.html

So time to sell txp and buy rre......think rre gone up more than that from the lows as I bought some at £4.25

Sorry wrong board

So time to sell txp and buy rre......think rre gone up more than that from the lows as I bought some at £4.25

Cn100..do some research...when/where did I3e get 100million from?..last I read they are struggling to secure funding for drilling?