Member Info for MickR

"Mobilisation of Nordic Calista’s Rig 2 at the Hickory-1 well location on our Project Phoenix acreage. The rig and associated equipment and camps are all set ahead of the imminent spud of Hickory-1."

Roll on the good times :-)

What SP are LTH's expecting in the event the sale is confirmed?

20p to 40p is my guesstimate?

DYOR

20p cash raise possible? Great for a trade but not sure where this will go short term?

DYOR

May go to 20p...too many sellers rushing for the exit?

Friday FOMO should kick in today as I would think any bid would be announced on Monday. Expecting a blue day later, healthy churn at the moment getting rid of the traders.

DYOR

IMO....Can't see 12p being accepted. Analysts and brokers are all the same, come up with wild suggestions seldom correct. Bid should be imminent IMO:

https://propertyindustryeye.com/purplebricks-founder-michael-bruce-considering-bid-to-regain-control-of-online-estate-agency/

DYOR

The company will be forced to make a statement to the market shortly: https://www.reuters.com/world/uk/uks-purplebricks-launches-formal-sale-process-2023-03-01/

My bet is on 20-27p for a bid price, let's see.
DYOR

Well done folks. But I do not think a takeover will be more than 27p a share which was the highest price in the past 12 months.

Let's see anyway.

DYOR

It was Nt to buy £5K just before the closing bell so am expecting a gap up at open tomorrow. With funding secured and CLNs at 25p, looks like the SP could go higher than 10p tomorrow.
DYOR

At 25p a share CLN. Looks like the market has gotten this wrong at 5p a share! Looks like a gift down here. Should be over 10p surely?

Dyor

Some huge buys just went through on level 2. News due anytime I believe?

Fingers crossed for all those sitting at averages of 0.75p and above, hopefully the positive financing news comes through soon.

DYOR

The big moves will come when people start buying clips of £5,000 and £10,000.

DYOR

0.082p to buy now. 0.010p on its way?

Bid ask moved to 0.075p/0.08p. I would rather we be at 0.010p before the RNS lands so that we clear 0.020p and higher easily.

DYOR

It is *now

Whoever sold that 150m clip this morning at 0.06p gave us a cheap entry today. It is not 0.075p to buy with not a lot available.

Looks like we are on the up.

DYOR

We all know the RNS is coming, the question is will you be in or out when the RNS lands?

Onwards and upwards.

Yesterday morning I tried buying just after the opening bell and I got NT to buy decent amount at 0.075p. This morning I topped up at 0.067p. What a gift and we are so close to game changing news IMO.

I expect the SP to go NT to buy once that RNS lands.

DYOR

Good find. The RNS should be due very shortly IMO.
The seller is providing another opportunity to mop up cheap shares this morning.

Tick tock...shes's about to blow.

DYOR

Expecting an ops and funding update now GOLD is pouring. Market not yet seen the pouring news looks like. Dyor