The latest Investing Matters Podcast episode featuring financial educator and author Jared Dillian has been released. Listen here.
KB you are quick to criticise the people you call "happy clappers" but I'm interested in what your views are? Seems to me we are all in the same boat trying to understand why we are where we are. Gets a bit frustrating that you are always sniping at people who are trying to give a reason (their opinion) as to what is going on when I can't see that you have given an opinion on it? Why do you think we are stuck at 14p and what are your thoughts on these small automatic trades going through over the past 2 weeks?
Exactly my thoughts Mayomen. Great that the Board are now using "weeks" rather than "months"
Nordell are you still about? Any idea what is going on?
Very odd. I’ve been following this share closely since 2020 and cannot remember a day like this with so many tiny automatic buys. I don’t know enough about market making to understand what’s going on or what would cause that
I was hoping for a RNS this week to coincide with the conference but the volume has been none existent the past week or so. Unless Char is now the tightest ship in the world I would have expected volume to have picked up significantly in anticipation of an announcement.
If the Oil and Gas conference comes and goes next week without any major announcement I will become really despondent. The market will need some sort of updater next week imo
I don't think its a case of not believing what the board are telling us. I am sure they are telling us in good faith. Its about how realistic it is. Remember the board told us that FID would be complete by half year 2023. I am sure when they said that they believed it and weren't trying to mislead anyone but the reality is it didn't happen. In fact we are now in Q4 and still no sign of it.
I am happy with the direction of things because we have such a good asset but to blindly accept what we are told is naïve when we have clear examples of where what we have been told hasn't happened. (FID by h1, news imminently, no need for any more fund raises etc)
BDC I respect your opinion and think you're one of the most sensible contributors on this board but on this occasion I'm not sure you're quite right?
Surely any shareholder should do their due diligence and satisfy themselves that the numbers add up? If we all just blindly accepted everything an AIM company told us then we would all be in big financial trouble.
I am guessing you mean if you are invested for some time by this stage you would hope that you are at a point where you trust what the board are telling us and that you're satisfied the numbers add up?
For what it’s worth (not a lot) Mystic Nick thinks news will come on Monday. Will then allow them to flaunt it at the oil and gas conference starting Tuesday.
On that other hand if that was correct I would have expected volume to be much higher this week.
Thanks Jagua. Maybe more people will pick up on it over the weekend. I don’t know how well respected Liberum is?
My prediction is still that news will come in a couple of weeks at or just before the Morocco conference
Chariot have just tweeted that they featured in a Liberum research note today. Is anyone able to post it?
thanks
The SP is being walked back down. Will we hit 13p by the end of this week. Great chance to top up and all that but my god this is boring now. I expect people will also point out me moaning about it is also boring and i agree. I am boring myself.
Its just so annoying to see the SP being walked up and down over and over again over the last year. The same people (including me) moan when its walked down and the same people (including me) then get excited when its walked up again.
Am i right in thinking the last Anchois specific RNS was March?!
The Third Morocco Oil & Gas Summit is 24th to 26th October (i think someone posted about it yesterday). Could that be the perfect time for Chariot and ONHYM to get everything across the line. Obviously still lots from our side to do first.
Would be a great advert for Morocco to attract investment though if they could show a real life example of a deal being finalised at the summit.
Hi Whimax. Not looking to pick a fight. All good. Thanks for your response. I had maybe wrongly interpreted a few of your messages as digs at people who showed disappointment that the SP fell to the 11ps just over a week ago.
The way the SP has gone over the last 2-3 weeks someone out there could have made a hell of a lot of money!
Whimax isn't it you who is reverting to type? The week before last you were saying everyone was being too negative etc. Last week you were full of beans because the SP was going up and now you're back to saying everyone is being too negative.
I think my observation would be that last week people on here were thinking that actually this might be the start of a significant rise. People were calling 20p by the end of the week etc. I think what yesterday and today is showing is that probably this is still just the MM messing about with the SP. Even on the big days last week volume was still fairly low.
Welcome Oscar. You'll notice the board is very vocal when the price is going up but as soon as the price starts to drop it goes silent.
Hope you've not cursed it Snott!
Jimmy I hope you're preparing for a boom this evening! I hope I haven't cursed it!!!
Thanks ICB. Overall a very positive read. Clearly felt the need to calm the markets. Although we do have a new phrase to add to the Adonis bingo "pretty close". I wonder if that is sooner than "imminently".
Also great to see the SP picking up significantly from lunchtime Friday
So is the conclusion Whimax that the MM are dropping the SP to hit stop orders in turn filling a large order for someone?