Member Info for OilyFred

For Every Sell Their is a Buy
For Every Buy Their is a Sell
When a placing has taken place it’s hard to tell what is what, you need to understand the motivation or the Seller and Buyer, and that you will not know.

So to analyse it is almost impossible, apart from using the volume as an indicator to how fast it’s churning

As the share price is languishing at 6p I need cheering up so come on then let’s here how you have been with The Soviet Unions last leader.

The Churn hopefully will clear by Next Friday, hopefully we will see some traction then towards Spud, my original sell price was 25p prior to Spud, revised to 15p.

With this in mind could you save me sometime and give me 25p a share for my several hundred thousand ?

I will worry about Ireland if and when, MOU2 should be the only interest currently.

The amount of shares entering is irrelevant to a certain degree, it’s all about the intentions of their owners. Also the appetite of new money to enter for the Spud

Tuesday is a crucial day to determine where this is going short term, is the placing churn finishing or just beginning.

Until all the 60M is “Sold” this could go down to 5p, hopefully this will happen before the actual shares hit the market. After that we should hopefully see a sustained rise into the spud .

GRH,

Sentiment needs to change, no matter how you look at it this wasn’t how they wanted it to go re funding, Crikey they didn’t even have the Headroom for the Shares……

Redbox,

You may well be right and I will make a judgement call prior to Spud.

I don’t really care about other peoples special dividend predictions, I will take 25p on the SP and move on. To be fair I thought I would get my 25p by the end of July.

25p is the key figure for me and then move one,

Forward selling ?

I remember GKP placing at 6p, less than a month later it was 90p

It is what it is, it doesn’t affect the drill outcome just dilutes us more than I would have liked, just need to churn the placing now and move forward

You are confusing areas of influence and concern

Never mind Ireland, it’s a long way down the line, let’s get our funding sorted for Sept/Oct Drill and testing campaign first.

I think we will see some buying pressure on the next 10 trading days, funding is the key

Just looking through some old emails in 2012 and 27 dollars a share was muted

Was Sinopec ever at the table? I thought that was just PR