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Spread has tightened nicely & background buyer soaking up available float. Won’t be any left at this level!
People loading up, not small change either! Getting very interesting.
Will be an extremely strong finish imo. If news drops soon this will take off! Hopefully my top up was well timed!
Agreed most of the big trades are buys & not the printed ‘sells’. Hopefully news close then!
Looked lively into close, price action a big clue of what’s to come. Hopefully contract news next week then, not small change either, 10m +++, that’s just for starters. Been held back to long by negative sentiment... exciting times ahead imo.
Clearly a lot more stock being brought than sold here, same as yesterday. Huge prints after the drop yesterday as well, not small money either. I personally don’t think 0.375 raise was that bad of a price, as let’s not forget this was 0.2 only days ago after the 200% + rise it done. I think it was a little optimistic to get a better price than that. Room for a healthy return at this price. IMO
The facility under negotiation is a straight debt only facility which is expected to be drawn down in two tranches. The facility has been structured as straight debt to eliminate any dilutive effect for shareholders at the current share price. The Company is also in discussion with its major shareholder EBIOSS Energy SE regarding further investment in the Company to execute the expansion of its business plan.
Will be a solid day if we finish above .85, before funding & contract news, high risk but bigger returns on this one, not for everyone. My average is slightly higher so makes my decision slightly easier!