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33p going going...SMASHED.
If anyone is in doubt about the books then here it is - auction was smashed. All buys at full ask. Now 35p to get any volume at all.
Good Luck.
Hard luck to Mangrove this time.
AUCTION on currently.
There we go. 33.2p orders filled.
33.8 asking....
Going.... going.....
33p orders now being filled.
33.8p new level.
OUCH.
Kever, it appears you wont (?unable to) read the books.
MPMF are being 'facilitated'
Plain as day to anyone who has seen this pattern for the last 20+ years.
Check my posting history here. Find a day where I have been incorrect. (Good luck with that).
Orders currently being filled over 33p. Expect a push up to circa 33.1p
Ouch!
Opinion: STRONG BUY.
Mangrove Fund currently burned for £1.17m on their short. They are closing as fast as the MMs can facilitate the buy backs
The perfect time for retail to buy to create the squeeze! GameStop, anyone...??
https://shorteurope.com/history_player.php?player=THE%20MANGROVE%20PARTNERS%20MASTER%20FUND%20LTD.&land=united_kingdom#Pantheon%20Resources%20Plc
Gap to 44p set up!
Mangrove closing.
Squeeze
The books have all the hallmarks of a large order going through. This is almost certainly Mangrove closing out as quietly as possible!
Time to buy is NOW!
Gap to 44p is ON.
Munnie.
It looks as though PANR may gap to 44p within a few weeks. Interestingly that will trigger many index funds to include PANR before it fills that gap. The reshuffling from the Indexes would trigger an almight squeeze on any short interest.
That is why PANR is a stonking BUY.
HOW did I stumble across this one?!! All said, I am very glad I did.
OPINION: STRONG BUY
Pushing on to 31p. Small resistance but looks like it will breach. 44p gap to fill.
Mangrove... 13.8 million shares short that have to be bought back. Just today they are down another £70,000. Will be VERY painful for them to close out into this momentum.
Would not surprise me if this gaps up extremely fast with MMs facilitating a buy back of the majority of Mangroves position in set blocks.
Of all small cap oilers this stock looks set to absolutely rocket.
Opinion: BUY
31.2p is next minor resistance.
BUY
Incorrect petroinvestor. Mangrove stopped adding on 11th Sept and are instead now losing heavily to the tune of ~£800k
They are being burned to a crisp here.
Check the short tracker.
https://shorttracker.co.uk/company/GB00B125SX82/
THAT WAS FAST.
29.34 smashed. 30p is here.
BUY
Push to 30.4p very much on.
Brokers all quoting above after clearing 29.34p
Once over 30 the run is on.
Shorters are Burning here.
BUY signal.
Mangrove now -£790,000 on their short position.
They will have to close.
13.8m shares to buy back.
Ouch.
Run to 44p on charts is now opening up. 29p is inevitable.
Wowser. STRONG buying pressure!! Gapping up.
There we have it. Breached 29. Gap to 44p expected.
BUY & HOLD.
44p next stop.
Munnie.
Says it all. They will have to buy back. Painful for them.
https://shorteurope.com/history_player.php?player=THE%20MANGROVE%20PARTNERS%20MASTER%20FUND%20LTD.&land=united_kingdom#Pantheon%20Resources%20Plc
Well. As I said, 25.65 was a given. Smashed that. 44p is next support. If we breach 29.2 then its a closing noose and it will almost certainly gap up.
Keep watching. If shorts have to capitulate then all bets are off and this will rip.
Actually spent a few hrs reading rns (unlike me!). Seems this isnt a classic shi*tco AIM share but has actual prospects. Makes a change. Clearly was manipulated down by usual short interest over last year.
I bought 150,000 shares over last few days. I may ride them out for a while. Wasnt easy to buy either. Always a good sign.
This well frac re-entry looks promising. From what I can see the SMD horizon looks like it will produce robust data. That would really put the cat amongst the short pigeons.
Happy to be in.
Munnie