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If they were that confident why not .20? More dilution.
0.145 sell 0.15 buy, paper profit all gone now for now
Pboo are you for real? How could have BD waited a few days? DB wouldn't have been able to buy 430,000,000 (3.2%) in the market without pushing the price a lot higher then 0.15p.
(The shares UJO bought are worth about £125,000 more than paid but would be worth approx £155,000 if they had waited a few days. Trouble is if they sell them to take profit it could crash the price and Heid would not like that.)
Https://www.malcysblog.com/2023/10/oil-price-angus-petrofac-reabold-and-finally/
Looks like the 781,624 trade at 32.44p started the rise at about 10:52, then another 789,656 trade at 35.88p about 11:05 pushed it to 38p. so someone might have bought 1,571,280 shares. Only guess work but if you look at today's chart it looks plausible.
Bluejay talk starts at 9.30
https://www.voxmarkets.co.uk/media/650d907651756d4edaacdfbb/?context=/series/daily-podcast
Water cut looks ok . Some on here was saying 3.75% was only for a few weeks in July and it will be a lot higher which is not the case.
Since late June 2023, limited amounts of water have been observed with water cut averaging approximately 3.72% of total field production. This figure has remained constant throughout July and August 2023.
The start of modest water production is significantly later than originally anticipated, providing further evidence that the expected recoverable volumes from the Ashover Grit are likely to be at the higher estimates detailed in the independent Competent Person's Report ("CPR") prepared by ERCE during 2016. The 2016 CPR forecast gross volumes from the Ashover Grit of 2P 0.54 MMstb and 3P 1.12 MMstb.
The Operator has planned for this event and a simple clean water disposal plan is in place which is an inexpensive exercise for the Joint Venture partners
I think Cmc or friends shorted the stock from about 1.3p then went to JAY and offer them 600k and they snatched their hands off. Cmc pay the shares back at a 1p. The same thing would have happened from they 1.75 placing .
Is it any wonder the way the city , press and LSE treat you.
SoftBank-Backed Arm Rules Out UK Listing for Now to Focus on US IPO
Chip design behemoth pursuing New York listing for time being
Arm may pursue secondary listing in London later, but unlikely
Arm Ltd. has decided against selling shares on the London Stock Exchange for now, dealing a blow to UK politicians who were lobbying the home-grown technology giant ahead of its initial public offering
Fair value per share now seen at 125p/share. You can read the full note here, free access: https://www.equitydevelopment.co.uk/research/eps-cashflow-beats-plus-dividend-reinstatement