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very true squares, but does it not highlight the poor performance of energy management by government which varies from lack of foresight to panic policies when it is all too late? This obsession with net zero targets is proving costlier than ever as LNG with its higher carbon footprint and transportation cost is no alternative to the abundant resources of natural north sea gas right next to the UK coastline.
a limit buy to do better with a live top-up for 34k at 40.79p. Unless there is an institute thumper in the pipeline this looks like the right level to me.
harry - good decision! What I am asking has more than a touch of irony. Do I top slice now in order to pay my mounting gas bills?
Apologies dunder - post I was referring to was dellfrog singing from my songsheet!
So do I dunder, just sharing your frustration that they find it so hard to get the definition of trades right.
Both "Unknowns" at a price above market rates are very obviously Buys totalling over £323k - and no real effect on moving sp? How come? And as the late recorded trade must have been transacted during market hours, who has the clout to delay the trade being declared after the Bell? Logically, we must open tomorrow with a substantial mark up in price.
Well done scored, you are nothing if not bold and certainly deserve a result for your consistent support for IOG since the day of arrival!
Real spread now closed to 41.5/41.6 so no wonder they are getting it so badly wrong on this board. Last two trades for total 75k both recorded as Sells!! My hair now going thin as well!!
And you can Sell at 41.375 or Buy at 41.75. As a result dunder will be pulling his hair out at all the falsely read trades and an aggregate of sells exceeding buys! Spreads are too wide and create the problem.
toro - good summary and the key is the detailed research and forecasting from Finncap now they have something to work on. IOG need to prioritise work at Southwark to meet the Q3 target for gas flow and ensure continuity of supply. Some coverage at last in the DE and Scottish Herald!
monkey - seems like the logical explanation to strange movements today as the price was marked down before any serious selling took place. I expect the usual suspects picked up the fallen fruit?
How many times do I have to post that this company has a complete blank out where the very basic rules of PR apply? Countless opportunities have passed them by and they appear to be total strangers to the simple mechanics of the trade. Perfect alignment now of IOG news and the current hot topic of energy supply - and nothing!!
Absolutely never expected a buying opportunity today. But there it is, and as I have previously said "never look a gift horse in the mouth". So with Cheltenham starting tomorrow it has to be a nice little top-up for me at a surprising 41.48p.
Nice message AH, and in return our collective congratulations for getting us over the line in the all-time mega marathon. Income at last and the prospect of a pleasing get-together with all parties for re-assessment and future plans........what a gas!!
scored - think we will get a slightly muted and qualified response from the anti- fossil fuel brigade, but an enthusiastic flag-waver from the financially aware writers and broadcasters. Thankfully it is the latter that really counts with investors, but some contact massaging needs to take place before the issue of an RNS. This will very likely be Monday - certainly early next week whilst the iron is hot. For a change, lets congratulate AH on a comprehensive and well thought out offtake agreement with BP, and look forward to some massive advantages at current and future rates for IOG once the gas is flowing? GLA
Go with that lemmings and your stats indicate that RG could well have sold onto the general market by easing out the 10m in a number of smaller trades over the high volume days. Fair play and the right way to do it IMHO. We had a correction as a result, now back on track after a day when Buying was the winner. GLA and Roll on Monday for first gas news.
He hasn't. Sold 10m out of his TOTAL holding of 23m. I offered a solution in an earlier post - fund managers have a different strategy to PIs like us.
Recovering well now and getting a solid raft of buyers paying 40p. Need to hold this level before the next RNS - either first gas or new offtake agreement.
gator - I think you would need to be an investor in the Richard Griffith offshore fund to get a clue as to why. It might not make sense to LTHs like you and I, but other holdings within the fund have probably taken a recent bashing with the fairly dramatic retrace of the main markets since the Ukraine disasters. It could be the sole constituent investment showing a decent profit from his first entry, and he could be eyeing some bargain prices elsewhere. Also makes him look savvy to fund investors.
Anyone - do we know if the 10m was sold on the open market or an exchange with a fellow Ii for cash? If it was the former, a 1p correction is the least we could expect?