Member Info for Madpunter

Dave73 - As the trades are cancelled, they are probably a share swop and YA and the II could be involved. ExxonMobil had a 70k share trade from the 10th posted on the 21st and cancelled yesterday for �5.7m. Maybe they have swopped with YA and the Ii who bought in the PB.

IMHO the 10 - 20m cancelled trades each day have to be a share swop between either an II who bought in PB and can't sell yet or YA and someone like ExxonMobil. If I'm right then FRR may not be able to comment due to a NDA. The only alternative I see is share manipulation, which would be very obvious and result in a lengthy spell in prison in the USA. I think YA is the likely candidate and also the reason for the extra time taken to allow stable flow rates from Ud-2, as Zaza wants YA to benefit as little as possible and Exxon wants more time for DD. DYOR. I posted the above yesterday, but as the subject has reappeared I have re-posted. I don't think that share manipulation has been taking place due to the threat of a prison sentence, when it would be this obvious. The MM's have taken advantage of the situation by reporting the cancelled trades late to drop the price and create a market with low volume, or possibly for a very large order.

Thanks for the chart. Glad you got a trade out of SOU. I went to post this in the early hours and couldn't access lse again.

IMHO the 10 - 20m cancelled trades each day have to be a share swop between either an II who bought in PB and can't sell yet or YA and someone like ExxonMobil. If I'm right then FRR may not be able to comment due to a NDA. The only alternative I see is share manipulation, which would be very obvious and result in a lengthy spell in prison in the USA. I think YA is the likely candidate and also the reason for the extra time taken to allow stable flow rates from Ud-2, as Zazat wants YA to benefit as little as possible and Exxon wants more time for DD.DYOR.

Your weekly chart had a 'not inconceivable' 24.38p for SOU and after the mini rise barchart now has the 14 Day RSI at 20% @ 24.261p. Low 30's looking a certainty and your 24p looking ever more possible. Have you looked at FiXXXeR's updated chart for IRR? Do you think it has reached the bottom yet? https://uk.tradingview.com/chart/IRR/jxepXdyq-IRR-IronridgeResources-Prime-location-for-3rd-wave-to-begin/

1onic - Not enough data for me highlighted by the link below:- https://www.barchart.com/stocks/quotes/CORO.LS/cheat-sheet ma5k - SOU peaked at 39.98 and back on it's way down as expected.

Thanks ma5k. Plenty of upside from 101. SOU conforming as expected.

Another worth watching is WSG, which has a nice horizontal channel on the 3 year chart. A drop below 10 and it might get interesting.

WHI is another share highly oversold, but not yet ready for a trend reversal. Down into the 90's before the strength and direction turn blue IMHO.

bally_1 - You're only assuming that if someone like Exxon is accumulating, then they are only accumulating via share swopping, from either YA or the II who bought in the PB and is locked in for 6 months. Why would the cancelled trades need to be shown much later if this was the case? There was a sell of 2m today that was cancelled at the same time. IMHO the trades have been cancelled at a later time or date, to drop the price for a large buy order, from whoever is accumulating those said shares.

The 2nd resistance @ 39.353 is between the 50% retracement @ 40.49 and the 38.2% @ 39.19, which would fit nicely with the 40 limit on your charts.

Thanks for the charts ma5k. I think a quick bounce from the 3-10 Day MACD Oscillator Stalls @ 34.271 up to the 2nd resistance @ 39.353, which is near the 38.2% Retracement from the 4 Week Low. Then I think it will continue back down within your channel on the weekly.

Both strength and direction now blue. https://www.barchart.com/stocks/quotes/SOU.LS/opinion

Can't be far off a bounce. When the strength and direction both turn blue it is often the turning point. Any charts available to back this up? https://www.barchart.com/stocks/quotes/SOU.LS/opinion

Timster - A flare might not be price sensitive, but may be NDA sensitive.

pyrotech - Try tweeting them for an explanation of the cancelled trades then please!

Laks - Your post from this morning was re-posted on the FRR board by parkview. It was then suggested that YA could be swopping preference shares to an II or board member. My replies are copied below:- Zaza stated that there would be no more equity with regards to YA, therefore I think it is unlikely the shares are from YA. However, the II who bought in the PB and can't sell yet may be swopping to someone like Exxon-Mobil for EM shares. As the shares can't be sold yet the sell trade is then cancelled and if FRR are in NDA with EM, they can't comment. The only cancelled trades I can find for EM are for �27.15 @ 15:29:27 and �27.19 @ 15:29:06, which were also bought or sold at the same time ( all trades in black). They were then traded again @ 16:09:37 and @16:09:19 respectively. If they are being swapped, then the 10m batches of FRR are worth �46k and they are getting �54k of Exxon-Mobil shares. We may never know and all this is just guessing what might be happening. This is not a recommendation to buy, although I own FRR myself. DYOR. A photo of Exxon-Mobil executives meeting with the Georgian Government Oil and Gas Ministry, was recently posted on the FRR board by Bomber64 and there have been rumours of EM in the data room.

The only cancelled trades I can find for EM are for �27.15 @ 15:29:27 and �27.19 @ 15:29:06, which were also bought or sold at the same time ( all trades in black). They were then traded again @ 16:09:37 and @16:09:19 respectively. If they are being swapped, then the 10m batches of FRR are worth �46k and they are getting �54k of Exxon-Mobil shares. We may never know and all this is just guessing what might be happening. This is not a recommendation to buy, although I own FRR myself. DYOR.

Zaza stated that there would be no more equity with regards to YA, therefore I think it is unlikely the shares are from YA. However, the II who bought in the PB and can't sell yet may be swopping to someone like Exxon-Mobil for EM shares. As the shares can't be sold yet the sell trade is then cancelled and if FRR are in NDA with EM, they can't comment.

ma5k - That would seem plausible if they were a mixture of buys and sells, but they have all been sells, driving the price down.