Member Info for MaverickD

FTSE is strongly up today, volume was low last Friday compared to normal, due to the long weekend - expecting a gap up this morning and a strong bounce towards results on Thursday.

We have not received an RNS confirming who the large buyer is, but I have a feeling this may come to light next week. Now lets enjoy the long weekend!

FY results are on Thursday, sorry typo - totally forgot it was a bank holiday too. Looks as though it firmed up at 23.4/23.5p and filled a fairly large buy order of 187k.

I am looking at the late trades and can't see any sells which is good to see and hopefully we will see the sp advance leading to Thursday.

Eggs all lined up......would really like to have an update on who has been buying so agressively over the last couple of weeks. Hopefully a holdings RNS pre-results advising that IKO have upped their position......we shall see soon enough!

I've just added some - seen what happened at MARS and think we could potentially see this with IKO - soon find out

There is value here and they probably got out at 7p+ and got a cheeky re-entry at 6.55.....these are firmly in the draw for me. Nice recovery play!

It looks as though we have formed a base around 23.5p looks like there could well be a strong finish - dare I say we will be blue!
Long weekend, what with a bank hol Monday, so we have Tuesday, which could well see this rally and lead us nicely to results on Wednesday.

Looks like a 187,500 buy just worked through......keeping an eye on the bid

Still 50% higher in the week not bad if you managed to get them......I did say a move up was looking likely with the volume on Monday.

Yes agreed.

If there is a seller then there is a buyer - makes sense that's how the market works. JPM have dropped shares and these have been bought up, but we aren't sure who?

My view was that IKO may have been buying and perhaps that RNS could drop in which case their is no upper limit here, in the sense they hold almost 15% of the stock and they could well be positioning for a takeover. There would be a reason to keep the VWAP at a certain range perhaps?

Also yesterday's news - could their be a background story here - SIG aren't distressed sellers and clearly haven't pursued Kingspan on the deal.....it read like the deal could not be concluded and SIG walked away? Cash balance is £142m and profits re-stated at £42m.

Any weakness should be pounced on - that's all I have been saying!

It could well be that 23.5 is a higher low - volume seems more 'normal' right now........it may just go positive as its the weekend and results are Wednesday.

No prediction just will see if 22.5 holds that's what I have been saying

There we go it drops off

Pause for a breather and took out some sellers, nice an orderly on the way back up.

Still waiting to see how we get through the next couple hours, but nice to see it holding up

They had average production of 15,500 barrels from 2 wells and were trying to achieve 20k split between the 2. Expect them to get the production up from 1 well, which is at 10,200 back closer to 15,500 barrels and drill another production well.
The SP today is a real opportunity!

I do feel sorry for those that are on paper losses - I have been there before, but those on the sidelines. or who even sold first thing at 8-8.5p are buying back and reducing their average. You then those that see the opportunity.
Buys still coming in strong!

I think we will definitely finish above 8p......some need to evaluate the price and the buying action.....

Volume is massive 112m buys - 64m Sells
Offer is heading higher

Buys coming in - moving higher

100m buys 55m sells - anyone want to guess what way this will move.......buys churning out