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Another 100 million and they tick the ASK up .005. A joke
270 million Buys in last 90 minutes
IPF ??
I have been using Halifax iWeb for over 15 years ...
£5 per trade, NO annual fee and NEVER HAD A PROBLEM !!
2pm: Saudi Arabia, Russia reach oil production cuts preliminary agreement
The Footsie was further up after lunch, bagging 73 points to 6,293.
In the oil sector, Organisation of the Petroleum Exporting Countries (OPEC) leader Saudi Arabia and non-OPEC member Russia agreed a preliminary deal to extend production cuts by one month.
It will raise pressure on countries struggling to do so, Reuters reported.
“Any agreement on extending the cuts is conditional on countries who have not fully complied in May deepening their cuts in upcoming months to offset their overproduction,” an OPEC source was reported as saying.
Amid a plunge in demand during lockdowns, the so-called OPEC+ (which includes Russia) agreed to cut output by 9.7mln barrels per day, or 10%, in May and June in an attempt to lift prices.
UK-listed oil majors BP PLC (LON:BP.) and Royal Dutch Shell PLC (LON:RDSA) rose 2% to 335.48p and 3% to 1,377.4p, respectively.
RNS Number : 9792L
UK Oil & Gas PLC
05 May 2020
Wednesday Week ... June 17th
$39.14 ....
Last night closing
$37.73 +$1.70 +4.72%
$2.27 to go .... Lockdowns easing ... Think $40 about to break in June !!
Do you think ss is waiting till the AGM to announce progress ?
Late trade and adjusted bid/offer to justify .25p closing price.
May 28 2020, 17:12 0.25 5,056,600 0.20 0.30 Sell £12,641.5 O
Well the UT killed a nice increase. Would have closed @ .265 otherwise
Observation: Not one BUY since 15:14 so assumed filling a big buy.
They increased the spread (25-30)to encourage sells ... why
Then look at end of trading .. another 32 million sold
According to Research-Tree.com today, the only short now is
Gladstone Capital Management LLP 1.45 -0.10 13/05/2020
Deleted is
KUVARI PARTNERS LLP 0.48 21/05/2020
$36.05
Considering Tullow market capital is worth £352 million, why are Total are paying £500 million for part assets when
they could offer 40p per share and BUY the company for around the same price !!!!
Is my logic faulty ??
Ironhide
'clearly been sells....
Every trade is clearly a BUY ....
Have you actually checked the Buy price to the Asks price. I have
# Trades 94
Vol. Sold 0
Sold Value £0.00
Vol. Bought 40,435,944
Bought Value £86.94k
During this buying, MM's marked the ask price DOWN from .23 to .22
Surely all these buys the ask should go UP !!
May 13 2020, 16:26 0.215 50,000,000 0.21 0.22 Buy £107,500.00000 O
May 13 2020, 16:26 0.215 50,000,000 0.21 0.22 Buy £107,500.00000 O
As the buys were going up, the ask price went DOWN
MORE BUYS Than SELLS
# Trades 281
Vol. Sold 30,617,830
Sold Value £65.83k
Vol. Bought 56,782,017
Bought Value £122.08k
Surely the Auditors would see this, if it happened !
Burford’s 2019 financials use reclassification, redefinition to inflate cash receipts, operating profit, and to otherwise present a misleading picture of the business. Cutting through the new bull****, we adjust Burford’s cash receipts to show a YoY decline of -11.8%. We also adjust reported 2019 operating profit lower by approximately -8%. Burford manipulated its 2019 vintage “Direct” return recoveries up 13x by reclassifying a complex strategy case into Direct – after the end of the fiscal year. In 2019, Burford changed its definitions of deployments and realizations by including hedging in them for the first time. Removing this misleading padding (i.e., using the previous definition), balance sheet deployments actually declined in 2019 by – 35.5%, rather than the claimed -30.6%. Realizations, as previously defined, show a decrease – 22.9%, versus the reported -14.2%.
We wonder whether all this goalpost movement was the real reason Burford delayed releasing its 2019 accounts.