Member Info for Margaret365

This is moving up, trade pattern and book is positive. Do not sell.

Looks like he's still eating his full English!

Puts us on a PE ratio of a corner shop!

They are no doubt chasing oil, but that is what this company needs to do with the cash they have amassed to utilise the OBA investment. We don't expect any update on production figures, but one would expect an update if there was a significant operational issue. Looks ok to me, the down turn in the oil price looks the problem to me.

Maybe?! Anyway, looks ok with a 6.21% rise, just another 30% to go so I can sleep a little more soundly!

What happened yesterday afternoon, felt sure that an RNS would appear this morning. Wide spread, keeping the ask out of sight of where there appears to be appetite at 10.3p. Just wonder if there is a buyer still in the background and the MM’s are trying to get some stock whilst discouraging any buying.

I suspect RNS in the morning....something going on, the ask has moved quickly.

Looks to me like there is a buy order that is required to be filled.

I think we we found the bottom, L2 looks better at these levels. Feeling more confident that 10p will not be breached prior to news.

We may attract new speculative investors who still want to be in oil but not purely exploratory company's due to the oil price. The oil price has bounced off 65 twice, we are still making good money here. In fact, in the interim results which were excellent, we had an average price of $64. So for a few months at least we have received higher which is money in the pot.

Approximately how long should we expect this to take?

Announced on the 3rd October that T sands were flowing at 590 BOPD and that T and U sands reserves would be updated once a production history was established. Surely 6 weeks is enough time! Announced on the 31st Oct that the rig was in place at Indigo and spudding was imminent, that's two weeks now. Given the share price decline, why would the BOD not offer some shareholder support and share any positive news?! This doesn't make sense to me other than the short term decline is of little concern given what they know and will ultimately release or that there is a problem causing a lot of head scratching!!

They either have to be in a closed period or they are aware of something that will further negatively impact the share price. I reduced by 500k last week but have bought a 100k back today even though I'm still concerned that 10p maybe breached.

It's at 41.7p and not broken through 40p Leas. I also said last week I was de leveraging on Amerisur, this has proven to be a correct decision. Don't get me wrong.......I am hurting here, like many others and hoping for a reversal.

This will test 10p again.

Good for you, surprised you bother with this investor info sharing platform!

I am a business owner with a large workforce that allow for flexibility. The markets are a hobby, thoroughly enjoy the distraction from the business which can be demanding. I do try to get a good balanced portfolio, but have concentrated on oil of late due the oil price and in general I've done well, particularly Hurricane. I bought heavily on the dip to 25p and more recently started selling when it touched 60. Liquidated through the 50's, now started accumulating gain due to the 30% retrace. However, again I am very mindful of the oil price, just my buying average is currently good. I'm down a very healthy five figures on Amerisur, however, longer term I'm confident that my base holding will pull this back.

Will start again if bid/Ask hits above without any RNS

Also 2 brokers had asks of 11p, as soon as it reached this they bailed out, now at 10.5!

It's the market sentiment, out of favour for some reason. Fell when they were printing cash, now printing less cash. Hope I'm wrong, as out of pocket and still hold enough to gain on any re rate.