Member Info for MrEMC2

Low at 08:09:38

Where is that bounce above 97p?

I believe the warrants are due to expire on 9th August 2019 (ie 12 months after the placing shares). So only a little over three months left.

Unhelpful RNS they don't bother tell us how many warrants are left to exercise!!

Just resting on the 200dma line - we need to bounce tomorrow.

I don't know can't trust taking my eyes of this for a moment. I've just been doing some gardening for a couple of hours and it drops. The dreaded 97p been hoping we would not close around this price since last Friday. All to no avail. Now I am stuck watching it fall probably to low 80s. I dare not sell just in case MrD is right and we rocket to 120p!!!

Surely the manipulation is not about the warrants issued with the refinancing. Steve73 (thanks) states "now just 46.85 MM warrants still to convert (which represents a further 5.75% dilution). This is just under half of the total warrants that were issued with the refinancing (47%)".

If they wanted to take this lower presumably couldn't be easier on today's low volume. So why are they keeping it at around £1?

What's in store???

I wonder how many PIs will sell if and when we get to 109/110p?

KingdomofOil, we all have our dreams!!!

British Bulls - market outlook 'watch out'.

"The outline again looks like a pregnant woman, as with the Bullish Harami Pattern. However, now the baby is a Doji".

Auson - whilst I was only comparing ENQ and PMO (for Mrd's benefit) I note that Cairn is up around 6%. However, since the December lows PMO is up around 80% and CNE 23% (or thereabout). Anyway I'm in PMO and not CNE ha ha!

ENQ or PMO who has the bigger daily rise now? Yes PMO

lets leave penny share status behind

No PMO is not the only oil share trading in the red:

https://shareprices.com/sectors/oil-and-gas-producers

"The Operating Review Committee considers that previous underperformance has been due to failures in leadership and a lack of clear targets and purpose"

But each time it is claimed that person appointed as CEO is first class. Look the company is not making any profit doh!

The price action is a bit like those in the 2015/16 dark days in Glencore. Drop during the day then a rise into the close. On that one I missed out on the big rise to £3 - don't propose to do that with PMO - famous last words!

Whew that was close nearly sold when it went below 97p ; 97.46 as I write

to see what happens to price after US opens - hoping we will get back above 97p but not looking good.

Right on the 200dma