Member Info for NMH21

I think this may be the second 500k sale and it seemed to follow a rise in the share price - if so it could very well be price manipulation or an institution selling into the rise....

lets see what tomorrow brings.

gla

0.31 to buy now...... bit silly really....

Something afoot here for sure - some very nice buying and the sp is staying in a very small range...as if it's being held back - but why would anyone want to do that??? the mm make money on the number of trades etc.

Come on lets have a nice run into the close and an offer sometime tomorrow... is that too much to ask?? lol

gla - rant over

To my uneducated eye it looks very much that buys are showing as sells.........

anyone have similar views??

I placed two low ball orders this morning:

EME, 1,500,000 shares at 0.11

HAMAK, 15,000 at 5.60

Looks like both have no chance...

That said my existing holdings are benefiting from the increasing sp.

GLA

News as expected...

gla

Sidara r not running the company...that's the duties of the board... grow up man !!

Looking a lot better now - looks like my low ball top up order has no chance....argh well - can't win them all.

gla

Amen to that !!!!!

Good here - in'it......

And so far so good !!!!

gla

5.8 to buy...... 5.6 to sell

well done the daily mail et al

Since the "Update on Historic Parcel" announcement and still we wait............

fingers crossed its news today or tomorrow...

gla

Well - i've yet to get my 7p... but tomorrow's another day.

gla

Edgefund

Do you mean support at 6.25 rather than 5.25?

Or am I misreading something??

So we have :

Seneca with 6.82%

Puma with 10.46%

Canaccord with 11.02%

I can't see these II selling at a loss - and they must feel this is still a good investment.....

GLA

Before i start a reply please note I sold out at just over 19p, however, the sp rose to that level and higher by your research relating to GAIL announcing an updated sales agreement with a supplier (or something similar) but look at the narrative from a recent announcement (and it was good research):

"Indus Gas Limited (AIM:IDNI) announces that it is still awaiting the extension to the Production Sharing Contract ("PSC") for Block RJ-ON/6. Additionally, gas sales to GAIL and associated revenue remain low. Granting an extension to the PSC is expected to facilitate a renewed contract with GAIL.

As previously announced, the Company will seek further funding as and when required from sources that may include shareholders."

So the PSC needs agreeing before any agreement can be renewed with GAIL and on top of this they probably have income of about £2m for H1 (needs checking but from memory H2 income from last year was very low).

If they are going to raise additional finance it might be a huge dilution for retail shareholders - well for all shareholders but again from memory there is a huge major shareholder here.....

So imho for the sp to re-rate we need to know that the PSC agreement is signed, followed by an updated agreement with GAIL and confirmation about the company's solvency. Then and only then (again imho) will we see an sp of 50p+

Anyway that's why I sold out - I'd love to buy back but happy to wait and buy back at a higher price once the outstanding issues are resolved - but that's just me.

GLA

Despite buying earlier today, I feel the 29's is an inevitability...

hard to grasp following the last update but there you go...

gla

Well

you can only sell your share once as it approaches 7p......

don't look back in anger if 8p presents itself today.... well that's what I heard them say....

lol

Some nice buying here.... long may it continue..

gla