Confirms why I'll sit on the sidelines until value clear. Also, there is the Series A loan CLN from 27th Sept RNS 124 million @ 0.00266Aus$ equivalent to 0.145p
I am not currently in but sitting on sidelines. I am resisting feeling of FOMO but I did miss out on dilution and 20% SP fall; fortunate but anticipated IMO seeking extension to Koru exclusivity deal is not a good sign due to tight ASX rules.
Not really cricket to post a 10 million lunch time sell after hours. But it was n't hard to gauge the MM were overstocked Friday lunch time with all buys and Ask being slightly reduced all afternoon. Miton must be below 5% now. IMO: the half year results showed improving figures and good prospects. When Shandong Rui tie up comes good despite delays the SP is gonna fly. I have increased my holding on current SP weakness - decent multi-bagger potential.
I sold into news in the past but I'm holding this time... and possibly adding on dips. GSPC will shortly give us first bite on their 55% Cambay slot according to the settlement. Then we will have freedom to develop the multi-TCF field according to the Baker-Schlumberger plan. Joe S is itching to get those drills into the ground - thats his thing. India needs the gas and there is many an Indian partner. I am optimistic that the stars are lining up...and we have a couple of other satelittes.
Elartu, its a different type of communication app being a replacement for a bleeper. Be interesting to get feedback from anyone who has used medical comms app on the market.
I'm a johnny come lately according to coffeecups. Thought you'd be pleased to have new PI ? The main concern for any PI is a placing and since one was so recent I bought in. I like the idea of bleepa app - medical hq secure picture messaging system. Be interesting to hear the feedback from the NHS Expo 2019 Manchester 4-5 Sept.
Gordon, Tend to agree. More rational assessment. A farm-in partner might come in using the Baker-Schlumberger get the gas out method. But if not where's the cash to buy out GSPC let alone then drill ourselves ?