Member Info for Margaret365

Somebody got there backside kicked on the pre weekend sell! Monday will tell us whether this was a wise trade. Looks like 30 mins of games unless news leaked....I put some in the tin between 19.30 and 19.54.

MA could just about buy the company with his recent offer. Expect negotiations over the weekend, a deal is there to be done......but at what price. Higher than 4p.....maybe 5-6p I would imagine. Debs will then be ripped apart.

Didn't hold 20p, that's a few efforts now.....disappointing! Looks like we need further positive news to push us on from here as there is a reluctance from the MM's and indeed the traders to test the 20's even with the decent volumes. Feels like it wants to go, just not enough activity once the ask hits 20.15p

Thank you. It’s the highest I’ve ever paid so gambling the next move upwards is imminent. I have some margin to play with so if it breaks down again I’m ok. Can’t believe it wasn’t long ago I was hovering over the buy button at10p!

MM’s have hid it!

They are testing the level and not much selling, just the 150k punt so far!

Think we might just do it........bid ar 20p and book looks good we continued blue trades

Will be interesting to see who's taking these shares. Could we see JW increasing his stake through his investment vehicle, the more he gets the more influential he will be in any TO! Alternatively, I have a suspicion that those large trades were sells which is why the bid knee jerked. Anyway, if so, they were mopped up without too much damage.

Another 570k just gone through at 19.90, trade time was 16.36! Let's hope that's it done.

I suspect this was the seller in the background and the reason why all the blue was mopped up without positively impacting the share price. Anyway, regardless, good sign we are still seeing plenty of buying and volume and of course a blue day.

There must be a seller at 20p! Someone taking profits and waiting for the next news and share movement.

They indicate potential reserves for the new drills but not at the 208 net reservoir at indico or have I missed that. I'm very happy with the developments, this should re rate away from 15p and I hope for 17p as a new base.

I don't have inside info, merely trading. Not sure there any rules that prohibit this. Finished blue and above 15p....can't be all bad for new investors.

Watch the buying start again at 14p

Since yesterday when the ask increased disproportionately it's made me think there is a buyer in the background. The trading is slim as investors are re assessing the moves yesterday, however the sells are not there and I feel the MM's need some stock imho.

Unsurprisingly the book looks strong at these levels.

Look at the fundamentals people, much of what we have wanted from the BOD is materialising. The fear of progress should have been greatly diminished. Hold your stock and and add to your core holding if you have cash on the side lines on any dips. We are in fine shape.

Very happy it's finished today over 15p, let's hope this is a base established given that 15p was a resistance level. That little jaunt down at 3.45 following that run of 15 k sells was an attempt to get cheap stock, I bought the 50,000 at 14.91 and the mms reacted immediately, they are twitchy. Feel it will have another go at 16 tomorrow, there's a few decent new holders at 15.9+

Seems to have finished, good consistent buying. If pickedpeck is correct with the calculations then we will need a seat at OPEC. Can this company really still be valued at £150m?

Should put that one to bed! How many barrels are down there as substantially higher oil column than first thought.