Member Info for ocelot

To have a 90% loss, you would need to have bought at 15p with the current price at 1.50p. So, hopefully, your loss is, at least, a little bit less than 90%.

Sorry for your loss, too. Personally, just ahead of the OGA's approval, think it is more a time to buy or to reinforce than to sell.

Shorttracker shows Carmignac are still there with 0.67%: https://shorttracker.co.uk/company/JE00B55Q3P39/

Whoever wrote this extract, wrote it in a hurry: the 52-week "high" of 8.97p should read "closing high", because without that qualification the high was 11.00p.

highest close since 03/12/15 (245.00p). Just need the stock to recover what it lost during the rest of 2015 :-)

Oil prices could rally to $100 a barrel next year, a level not seen since 2014, as supply risks in Venezuela and Iran strain global markets, according to Bank of America Corp... https://www.bloomberg.com/news/articles/2018-05-10/oil-at-100-is-a-possibility-next-year-bank-of-america-says

For myself, I think of the return to the 200p level as simply reversing the most excessive part of GENL's share price decline. And I think of the genuine recovery kicking in from about 200p and, as such, as having only just begun.

absorbing some stock from the placing, perhaps. Volume to date totals 36.2m shares on advfn.

reported with about a 2-hour delay, by the looks of it.

PS: wasn't in advfn's trading volume when, earlier, I posted the day's volume to date.

at 10:48:18 per advfn (haven't checked here).

and total volume is a miserly 5.6m shares so far. The placing stock does seem to have stuck ... in the hands of those who participated.

Oh!

So? What is your conclusion, CaptainBastard?

In truth, this is the level at which I sold the last of my GLEN holding - my average sell price was lower. In retrospect, was too cautious, because continued to believe GLEN was undervalued at the time.

This is the kind of level at which I sold my holding in Glencore. GLEN quickly went on to exceed 400p in the following months. Personally, I seek to avoid making that particular mistake a second time!

not sure your comment lives up to the promise of your monicker.

President Donald Trump�s withdrawal from the Iran nuclear deal seems to have finally gotten the attention of some folks at the back of the oil market. The day after the president�s announcement, Brent crude-oil swaps for 2018 all the way through 2022 were higher than $60 a barrel for the first time since November 2015 ... https://www.bloomberg.com/view/articles/2018-05-09/trump-s-iran-speech-gets-oil-s-back-up

Indeed, if the results from HH are encouraging, the placing might provide the opportunity to open up the share capital to some IIs.

Personally, would like to see the share price enjoy a healthy rise on the back of encouraging results from HH so that a placing (of an amount to be determined at the time) can be got away in favourable conditions.