Member Info for pre2rcd

Please don't use the "imminent" word. Any other is fine just not that one!

Well, you're entitled to you opinion. I have gone back in as can see some upward motion from here!

Apologies for posting this again but the last few days action has been a very typical "Tree Shake". See below article.

https://www.investorschronicle.co.uk/shares/2019/10/24/shake-your-market-maker/

Wednesday closed with a spread of 7.12 - 7.5, Thursday morning the MM's opened the spread at 6.8 - 8.00, 17.5%!

And it worked, scared people into selling so they could gobble them up. Next week should see the opposite!

L2 showed a block of 1,000,000 shares on Thursday / Friday at 8p but they got taken off before reaching that level.
They reappeared on Monday this time at 9p but again were removed. I think however they did get sold yesterday as part of the late reported trade and the few 200k trades from midday.

Absolutely, share prices never go up in a straight line.

Big late reported trade of 650,000 at 17:06. Largest I've seen in RKH in years

https://www.investorschronicle.co.uk/shares/2019/10/24/shake-your-market-maker/

https://rockhopperexploration.co.uk/wp-content/uploads/2021/12/Corporate-presentation-Dec-2021.pdf

Silverfoil, I think they issued a **** load of shares since the heady heights of £4+ so the equivalent market cap would be much lower

Wow, that 971,000 shares got gobled up quick. I may be wrong about the gap up to 8p might be much higher

There’s always been a big gap up / down between 6.5 and 8p. I would be hopeful of 8p plus end of play tomorrow with some consolidation in that area until further news

6 x 200k blocks so far.

Would assume a hedge fund or institution taking a position which should hopefully continue

Grow up Ralph

Mogger, why do you see 1p Christmas? Or was that sarcasm?

https://markets.ft.com/data/equities/tearsheet/profile?s=RKH:LSE

Fidelity have dumped all their shares. I would think just due to environmental pressures at the moment.

Wood Mackenzie were warning years ago of lack of investment in new oil fields. It has only got worse with the pandemic.
Opec do not have the spare capacity they say they do. Soon crude is going t be in very short supply and Sea Lion will become very attractive. I believe it will get developed just can't gaurantee RKH will be around to see it!

Big flurry of share trades. Any news out there?

Quarterly report from Navitas just out. Mentions Sea Lion but nothing we didn't already know.

"The partnership continues to examine its course of action in relation to the Memorandum of Understanding and the Oil Asset, including Examining the possibility of acquiring rights in the oil asset on occasional terms, as it did in the circumstances Similar that took place in the Baskin and Shenandoah projects. In addition, the partnership is in the process of being examined And an assessment together with Rockhopper (the remaining partner in the oil asset) of the feasibility of asset development Oil and various business alternatives."

https://www.energyvoice.com/oilandgas/363939/harbours-sea-lion-exit-shows-ep-will-to-de-risk-say-analysts/

Interesting, thanks