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Peel Hunt bought the majority of their 19.13% holding from we mug punters at ~ 10p when the sheikh sold out.
They've been continuing to buy them at ~6p ever since.
How much do you think they are going to sell them back to us for?
I think maybe they are plotting on getting all these deeps drilled before they flow any of them, then they'll put them on test one after another, then shut them in until such time as the pipline is built, which should be finished about the time they get the production licence.
@Spikej
Just been looking through your posting history :
https://www.lse.co.uk/profiles/spikeyj/
None of us win all the time...
If you look at the 2 Holdings RNS's, you will see the date on which their shareholding increased. You can then compare that to the minimum price paid on that date.
5. Date on which the threshold was crossed or reached:
22/08/2019 (Thursday)
6. Date on which issuer notified (DD/MM/YYYY):
27/08/2019
14.94%
7,417,972
5. Date on which the threshold was crossed or reached:
23/08/2019 (Friday)
6. Date on which issuer notified (DD/MM/YYYY):
28/08/2019
18.27%
9,067,804
Spikeyj
The Nomads are paid by the companies they represent, so they are the nomads customer.
Your deramping is not doing very well is it? Despite the time and effort you are spending on this board where you don't have an interest.
All the shouting about the shaikh selling his shares is just ******* in the wind. The FCA won't do anything.
Remember Rob Terry of Quindell fame, dumped all his shares on Equity First Holdings in return for a loan that didn't have to be repaid? Equity First dumped the shares on the market. Then Rob issued a holdings RNS.
FCA made a few we're going to investigate noises, and then did nothing of any consequence.
Spikeyj
You spent the entire weekend telling us what a bad investment this was. Look through your 3 pages of posts. You should be very embarrassed.
We did tell you to expect the share price to rise by Friday, but as you are still in full deramper mode you refuse to listen, whilst searching ever harder for possible reasons to not invest in a company that you say you are not invested in.