Member Info for NAV_Mike

Hopefully we will break through this resistance very shortly as the fundamentals are rapidly improving. By the time of the results? sooner?

Cant help wondering if this lethargy is being caused by LLOG or other large holder supplying shares into the market

Regardless of that, all looking good oil price wise

Trouble is currently the 230-235 area is such an obvious trading top, that traders trade against it and thus a range develops.

Ultimately when it does break I would imagine it could shoot higher....may take a wee while

Sonofthebull

As Ive saide before, anyone on here can judge me, but not a moron like you....filtered

To use an old Premier Oil phrase for times like these......we are stuck in wading through treacle mode

Crazy to have seen such little benefit from $70+ oil so far. Perhaps GS are still flexing their tentacles re their sell rec

Smkr

Must be one hell of a bored seller! Not to mention theres a 80k and 75k marked as buys that probably arent

Noticeable that MMs took this down to 13.5p mid ie the conversion price of CLNs

Hmm have just seen the 2 x 100k from first thing today

Perhaps they were the delayed trades that were being worked yesterday and stopped us rising

Dont disagree...but is that not the case with many exploration minnows? At least ORCA are not a one trick pony and have a couple of VERY promising projects

Its probably the announcement of power station funding that will spark this into real action

No that was 35 mins of a director with great knowledge and willingness to engage with shareholders

WTF were you expecting? Free oil being given to shareholders from today?

I agree, but some people just help the company by buying the note and taking whatever short term profit they see

Yes bored seller more likely, but hopefully not

Im currently watching another Investor Meet presentation (ORCA).

What a total difference! The director oozes 40 years of knowledge, enthusiasm and willingness to answer ALL questions. Yes its a different type of company, but he is so keen to engage. Its a minnow in its field, and will need to raise funds over the years. If SAR's people could present like this we would probably have moaned a lot less

Sorry for meandering off topic

Agree on it not being a trading share. Its frequently NT to buy/sell so traders could easily get trapped

Looking at the volume last two days, I hope its related to some loan notes, rather than 'normal' selling

Yep...I cant handle his reams of bashing bs....even on a quiet day. Finally filtered

LOL Harbor rarely does a good Friday.....

Brent at $71.30 and we are in the red, following a meh day yesterday

Disappointing start....perhaps people were expecting news ahead of the presentation?

Alternatively, with the round number sells yesterday and this morning, perhaps we have some more loan note coversions going on?

If its just plain selling, would love to know the reasoning, with oil strong at the moment

I simply must commend isb for dedicating his time and effort to constantly bashing a share he allegedly owns

If you do hold and have decided not to sell, cant you just stfu or at least tone it down a bit? We get it....youre peed off, so are we. Go punch a wall or summat.

The update is out there now and short term all we can do is see what the results look like and if they deliver on invoice financing by the end of March. Endlessly banging on will acheive the square root of eff-all!

Well I dont usually believe in manipulation theories, but in the absence of any delayed trades, we should be up or unchanged on the day.

I make it 474k vs 280k with the almost continuous run of buys since 10:45 being practically ignored

No doubt something may show up early tomorrow to explain things, but as things are now, this stinks

Mate you know you cant take buy/sell stats on a SETS stock as gospel as its an order based system. What I see is higher than usual daily volume, so I stand by the possibility of LLOG shares hitting the market

Something has held the price in check today. Perhaps the oil price rise isnt trusted, or the general market tone has diluted any upward move. Either way +3 with Brent at $71 is not great. Lets hope we play catch up tomorrow

Well personally speaking, unless theres some delayed trades waiting to show up, I cant for the life of me see how we are down on the day. Let alone by 2p off the bid

Should I nip out and buy some popcorn in readiness for tonights deramp session? Im sure our resident tag team will have some well reasoned explanations......

Its not dilution as it was to buy producing assets

More shares but more assets and more production. The LLOG shares were issued at 215p so the market has been pretty neutral about it. Personally Im happy that the shareholder base has been widended

MMs persistently walking this down.....firstly by repeatedly closing the spread / dropping the offer, then looking for any reason to drop the bid

It wasnt even a bad RNS....but MMs have played this game before :(