Member Info for monet2

Crude oil prices are on their way up, despite the market panic caused by the collapse of two U.S. banks, the global head of commodities for Goldman Sachs said on Friday in a Bloomberg Television interview.
“We would argue you are buying the dip at this point,” Jeff Currie said, adding, “I have never seen a market sell off that sharply, but retain a bullish structure.”
https://oilprice.com/Latest-Energy-News/World-News/Time-To-Buy-The-Oil-Dip-Goldman-Sachs.html

What's it matter to you? you're not even a shareholder.

MM not got many shares, full offer being paid, just did a dummy buy MM want over offer price.

SP holding up well considering the sells at 24.85, is there a buy order in?

Down about 28p over 16% at the moment

So who bought that 250,000 at 25p last Friday?

100k buy at 24.25 nice

10,000 at 25.75 is a buy (11:23)

Pboo and persimmon are watching RBD BB like a hawk too.

It sounds like you are jealous of Heid persimmon.

Wressle gas solution and subsequent additional revenues: Phase 1 due to be online in February with Phase 2 expected Q2 2023"
https://www.europaoil.com/wp-content/uploads/2023/02/London-South-East-IR-Webinar_280223.pdf

How come we end the day down when the buy vol is about 170,808 against the sell vol of only about 24,877? Why are the MM after your shares?

chitty So what's my post got to do DB shorting? Shorting is selling shares and buying them back hopefully at a lower price. DB is doing the opposite, so your question doesn't make sense. And are you *** calling me darling and giving me kisses?

chitty who are you referring to?

Pboo you've no idea you're not looking at the bigger, you're too blinkered. Let me put it a bit more simple for you, DB thinks the shares are cheap now so he's putting some away and saving them, hopefully further down the line UJO shares should be worth a lot more, now with all the millions of ££££££ in the bank and millions of shares in treasury maybe David might want to make an acquisition. Or a third party working with UJO would rather get paid in shares, and all David has to use the shares that are in the treasury.

Nicely put HerbertDTurbot, David could use the shares for an acquisition later down the line say 6 to 18 months. Those that say the shares should be cancelled are short-sighted and not looking at the bigger picture.

David will have his reasons as to why he has put the shares into treasury . In one of his video interviews he said he was scared the company would get taken over on the cheap, that's when the shares were 11p on Dec 2021. Maybe he thinks by keeping the shares he can fight off a hostile takeover. Just a thought..

We know the final results are going to better than last year.
If I were DB I would get the final year results out as quickly as possible, to show how good the company is doing, good profits, EPS, final dividend maybe, and money in the bank. That should get the SP up and re rated. If this keeps drifting lower I can see someone making a bid for it on the cheap.

More shares bought and we still end the day down!

pboo( Russia needs all the income it can get from oil to pay for its war with Ukraine.) you just don't get it, by cutting production oil goes up 10/15 % Russia will have more income. You don't even know the basics. First week of February Russia's daily crude oil production average 9.9 million barrels per day