Member Info for MaverickD

Looks like yesterdays sellers are coming back in again - more money heading this way and oil looking decent. Don't forget the hedges $57 for 60% of production this year and $52 of 40% production next year.

MMS yes - dropping to take out stops happen. I know as my friend looks after a DMA system. Matching the buyers and sellers is the game - 70%+ of retail investors lose money - just something to remember.

I can't knock them. They all sold at 29-34p yesterday and talked down the deal and got the share down to 22p. The MMs obliged and took it to the number that was spouted and then all the buys returned - that is the difference between trading and investing. I guess I will be one of the few waiting until we are back over £1!

Factory re-opens next week. CV levelling out in the UK. Buyers of Aston tend not to penny pinch.
Now we should have a clear run back to £1 min. Moving up nicely

A little shake, quick dive down and then heading back up - should see this trying to get ahead of PMO now

Next leg higher.
Was reading that Kenya is next on the agenda - very positive piece by the FT and Bloomberg!

Current price is a bargain
Traders washed out today and the investors came in.
This was a bargain in Feb at 50-60p, so with the news today and the appointment yesterday, with further divestment and the RBL being supported by our banking syndicate this is chump change for this outfit. Enjoy the rise and look for more to come.

Buy trades now outstripping the sells - so upward pressure.
As I have said Hedge in place for 50% production for the next 20 months at $53/54 - averaging this out.
Oil will rebound strongly and we will achieve $55 oil without doubt maybe higher - ignore the noise look at the facts.

Looks very strong buys 2-1

Will watch as thse try talk this down, but the truth is that todays news would support a sp in excess of 50p. We have a buyer in the background and I think traders have exited now its the time for the investors.

Orders filled and our buyer is mopping up as much as he can - Samuel if you end up with 29.9% table an offer that is respectable!

Looks like it is knocking through £1......should get through and then attempt £1.18

CNOOC has an option on the purchase and could trump Total's offer - just a throught!

Just a shake and an easing of stock from the weak.......take a look who's buying.
I managed a very cheeky buy at 25p.Those talking it down want to buy or close......its heading up

Volume is now building I think the MMS are about to finally let this have a crack at breaking through £1.18

Taking out some stops and some whopping buy orders filled. Agm at 12 noon

This is a massive shot in the arm and the current price a bargain - we have had the RBL confirmed by our banks 2 weeks ago, new CEO announced yesterday who is a known deal maker in Africa and now you have a sale to Tullow with $575m dollar value. Expect our sp to move higher.
The next thing to cosider - who has been buying in the background and are we now potentially primed for a takeover?

Reading the swissport news this is another bonus, as their business will head our way. Surprised the market has not picked up on this - next leg up I'd like to see us cross £1.18 towards the £1.60 mark, which was the last director buy only 5 weeks ago.

Hedges are agreed sale prices. When oil prices are increasing you tend to lose out on the deal, when the $57 deal was done oil actually went up to around $69 and I was cursing the deal. Now with the oil price where its is a 60% hedge at $57 appears to be a master stroke!

Pre 12 noon we should see this move higher, as there will not doubt be discussion of strategy, further divestment and farm downs. Without doubt the question of takeover will be mooted.....then see teh sp react. This news at this time just shows the quality of our assets!