Member Info for MaverickD

Yesterday - should see a bounce

Well lets see how we get on Brent pretty strong right now.

Glad everyone thinking like me and the read across from the Enquest purchase. $500m here!

Bit of a supply contraction.......should see this rebound.
Takeover chatter no doubt will kick in - Chrysoar would be my bet as I have said previously.

should try and break above 14p and then our next target is 16p, but 20p+ easily possible

Around 19-26p 12 months ago and did get to 45p in 2018. Load up at these levels

This is a bit of a slow burner however we should see 40p this year I believe.

Looks like its that time again

Wait for our next revenue update - should land soon. Monthly strengthening will do me just fine. I have read comments from a number of posters and a market cap below £200m is undervalued in my opinion, so in my view fair value would be 10p+

Today yes but really anything can happen and like I have said in recent weeks I do believe there will a takeover bid tabled. It would explain why the sp has been around the the 2.5-3p mark. Personally I would be annoyed if anything under 20p was considered. Oil is trending well now and I would expect another revenue boost this month. This will make a great recovery play this year.

Still those big buys being filled and the MMs using the spread to disguise some buys on the order book.

A few 500k and 400k+100k transactions being filled

Seeing some large positions being taken here........would like to see a break up through 2.7p

Looks as though we are on for a nice ride back up

Taken a few more at this level to add to a historic holding. I think the bottom is in

Janet Yellen expected to announce the mother of all stimulus plans, oil will surge and the $ will fall - get set for a nice move up across the entire O&G sector.

Blue finish to put us back on track to our upward path

Ricardo - would says they need to announce a massive dilution if they appear to be making increasing revenues, stabilized production and Brent appreciating? Also note they have in excess of $100m in the coffers. Their Bond payment is due in June 2022 - so can you call the price of Brent by then? I mean in June 2020 the best predictions for Brent were $45 by the beginning of 2021.......we are sitting pretty at $55.

Throw into the mix the possibility of a takeover approach then I see upside at this valuation.

Also helps the brent bounced back up through $55 and buy volume now in the positive, although countless buys mis-recorded due to the spread.

Gaps fully filled - I think it will power ahead. Chrysoar takeover I think myself!