The latest Investing Matters Podcast episode featuring financial educator and author Jared Dillian has been released. Listen here.
What do we think is triggering this? Could it be a leaky ship with good news to come? Simply people topping up their ISA's or something else? Up over 15% currently on no news is quite something.
Chariot's got that Friday feeling!
Happy Friday everyone. It’s gone very quiet on here. I suspect most are like me just so fed up seeing this share drop day after day after day. I dread to think where the SP could go without more news soon.
Agree. I’ve topped up for the first time in a while today. Even if this isn’t ultimately a 100p share it’s surely worth more than 15p
So despite the news about completion of the FEED last week with confirmation that everything else is running according to plan the SP is now below the level it was when we got that news. Why is their such a complete disconnect between the rare news we are getting and the SP?
I've noticed the last couple of days (Friday & today) there has been a huge disparity between buys and sells. Friday from memory it was over £80k sells vs about £2k buys. Today buys total about £2.50! I appreciate volume is still very low so it might not mean much but in terms of disparity the last couple of days have been the biggest I've seen for a long long time. Should we be concerned or could it be as simple as LSE recording buys as sells?
It certainly doesn't seem to be bringing the SP down. In fact it was slightly blue Friday and so far today.
Thanks
Hi BDC. I originally thought that Although I’m not convinced that timeline is reflective of when in the year things will happen. I think it is just showing the order of when things will happen in 2023. On other words loads of those could happen in H1 and not much in H2. Although that may be wishful thinking!
Yes agree with you Jagua. I re-watched the most recent Webcast the other day and am pretty sure they said FID was for H1 which I interpret as calendar year rather than financial year
I wouldn't be surprised if Jimmy has given up on this Board given all the ridiculous abuse he has received in recent weeks. All he has ever done is share his expert opinion. It up to people whether they want to accept it or not but the abuse was completely unnecessary. I hope he hasn't left but I wouldn't blame him if he has.
Are they the same amount as the large trade that showed up last night?
Would someone mind explaining to a lay man like me what a Price Monitoring Extension is. Thanks in advance
Yeah my view is it may be beneficial to Chariot longer term but short term it could cause investors jitters. It’s an example of how things can go wrong that hadn’t initially been anticipated. Still a long way to go before oil is successfully coming out of the ground
Given it’s two identical trades at the exact same price is it not likely to be simply a swap or someone moving from one account to another? Similar to a ‘bed and transfer’
No placing in my opinion. Was only Friday we shot up. The reality is until there is news the day traders and the market makers are just playing with this share and making a lot of money in the process. Imo this will keep bouncing up and down until news moves it into the next level. I hoped fridays action suggested news was coming but clearly we need to wait a little longer
Padfoot out of interest where are you getting your information that "millions are being sold off"?
So it would look like Friday's big rise was nothing to do with a leaky ship with a good RNS on the way and instead is just MM's and short term traders still milking this over and over again. Very frustrating.
Monday feels really important now. If we drift back downwards it would suggest the last few days are nothing Com it’s than the MM moving things up and down as they have done for the past few months.
For some reason today feels a bit different though. If we build on Monday even by a modest amount I’ll start to feel much more positive.
A 7am RND could send this flying
We are now up 3p in 3 days! As said earlier this would suggest to me the roadshow has garnered some interest. Only caveat remains that volume is still pretty low.
Sod it I'm going to curse it! We have risen from about 15.20p at Tuesday close to 17.50p intra day today. Is this a sign the roadshow has been going well? I appreciate volume is still very low albeit a little higher today pushed up by that early purchase Jimmy pointed out.
Haha ICB you're such a curse! Whenever you post something like that the price seems to immediately drop! Hopefully just temporarily