We're about 5 days into a 40 day drill. There seems to be a large glut of disillusioned 'stale bulls' who will sell into any strength, but these are finite. So I'd expect things to change over the coming week or two as the potential prize looms on the horizon and the sellers die away.
Bishand, but what I posted is a quote from the RNS! Are you suggesting that your (ahem sorry the weasely posters) guesstimates are better than the company's and drilling companies judgement??
That was basically my question. The buyers are buying from DMA sellers who are putting offers in at lower and lower prices despite the buys, hence the price falling. Smacks of manipulation tbh.
Despite the weasel words of certain posters, the RNS did not say 'end of October' or 'start of November' for spudding. It said LATE OCTOBER. This means the last third of the month so from around 21/10.