Member Info for ocelot

And if it looked as if production would begin in August, where would the share price be trading now?

Not at its current level, that's for sure.

Believe they can make back at least some of their losses by buying in at present levels.

10 mins ago

73.1m shares traded per advfn

spot price $2,022.44

27m late trade at the closing price

Some buying taking place - they may be classified as "sells", but the execution price is rising.

will1734,

The quotation in my post of 15:49 was from the RNS of 27/07 - there has been no other RNS re Turkey since then.

Once the documents are submitted re the assignment of the 50% interest from AME, Turkish governmental approval "is expected to take around 2 months ...".

Could be evidence soon of the intervention at HH-1.

Confirmation of the submission of the documents to the Turkish authorities re the assignment of AME's 50% interest "expected ... (to) be submitted over the next few weeks whilst the formal agreements between UKOG and AME are finalised". RNS of 23/07)

per advfn

total of 3.3m on AIM, Nex is beating AIM for volume so far.

But it increasingly looks as if the greater part of any flow-back from the placing took place yesterday.

so I was left with a decision, either sell at a significant loss or hold and hope the SP recovers with Balcombe and the 'new model management' ...
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or average down.

Haven't bought into one, but it's entirely up to the placee as to what he/she does with their stock, ie hold it or flip it.

From the company's point of view, they will be wanting their placing agent to place the shares into firm hands, if possible.

with whoM

We don't know with who the shares were placed, so we don't know the split between traders and longer-term investors.

It's the size of the flow-back that will tell us.

So far this morning it is looking promising.

Just 6 trades on AIM and 2 on Nex so far.

If it continues like this, then flow-back from the placing would appear to have ceased.

480.4m in the first hour, a record, if my memory serves me right.

Almost 80m+ more than in yesterday's full session.

Not expecting it to happen, will1734, but that's what the share needs for longer-term investors.

Need the price to continue its upward movement, so that the short-term traders who've taken profits find themselves locked out at this level.

Congratulations, Will, on your successful trading in UKOG!