Member Info for Quitie

Plenty buys with me (and plenty buyers of my shares if I wanted)

sell price rising all the time

Going to be seeing some incredible volumes today again

A lot of rash selling on the bell - already started recovering

I've found some cash and am loading up - ridiculously good prices as a buyer

Dummy sell price is rising rapidly - certainly plenty buyers here

fantastic time to average down, the field development situation is the exact same today as it was yesterday - it'll be funded via the partnership as Phase 1 was..

I'm on the same board - given how much shares were disposed of, I can see there being a couple of new high % shareholders in this one

Yes HH disposed of his stake but this looks very like due to personal issues / issues closer to home than ADME for him given the website is down and there's been nothing in the news etc.

The volumes we saw yesterday were huge, and clearly institutional investors given some of the trades that went through. It's clear there's more going on here than just HH leaving

To be honest I think there's alot more going on behind the scenes in HH's world given his website etc is offline..

Time for OO to step up, a couple of these 'opportunities' they are exploring coming to fruition would do wonders here in the short term

HH gone but as I said previously - alot more going on than just HH. Hopefully the partners can now crack on with Phase 2 development of Aje. Profitable after the next couple liftings also..

A business update and plan going forward following on from the next lifting would sort this share right out

Lot of stuff to be cleared up tomorrow then, weirdly looking forward to it.

What about if the huge volumes was due to people knowing he was transferring his holding and some of the old guard were on the way out? This has the potential to be a massive bounce. Weird the trade / transfer was 450k & 12.9m, and anything remotely closer together

Would reek of insider trading if they raised capital a couple weeks ago before HH was to dump his holding straight after

Does transfers get logged with all the usual trades? I would have thought this would have been off book

I agree that it’s absolutely crazy that the trade was only logged after hours, but can’t logically tie this to Lesoza at all.

Roll on 7am to get a handle on what’s going on. There’s no way this’ll wait the 3 days for a TR1

I’m pretty sure he has went - but think about how leaky the news of the last RNS was - there’s no way the people in the know in the city never knew what was going on. There was incredible volumes of buys going through, you really think that was all PI’s?? Also all the other random sells couldn’t have been HH, and this tranche appeared in 2 goes.

Very intrigued to see what the RNS divulges tomorrow. Can see some good coming from it in a roundabout way - would far rather them hands on having more skin in the game

There’s no way they’ve just conveniently mucked up the figures to match HH’s holding.

Look at the bigger picture with the company, plenty good to come

Different Shaiks

I think the whole share transfer theory is ambitious, but do feel good could come from this..

An RNS stating HH has sold and some other high wealth / experienced investor has come in, coupled with future guidance and this could even end blue. Being an oil man myself, I fully appreciate the magnitude of the development we are sitting on, and once the phase 2 is sanctioned this’ll fly. It’s on all of the partners (and our) publications that development planning is well underway

Another thing not to forget is the sheer amount of buys today - there was incredible volume. Yes I agree nobody knew what was coming, but the appetite was there to buy.
Hopefully the buying now look into what they’ve bought, and see there’s some solid fundamentals behind the headlines

There was always so much more at stake here than just HH, we have 5% of the Aje field which has Phase 2 planning well underway. Once sanctioned this development will produce 50-80k bpd, if which we’ll get 5% - that would be $280k per day before lift costs and expenses.

We got involved and funded phase 1 without HH, phase 2 will be no different.

Rough patch in store but minus HH nothing else has changed. OO has a track record of attracting investment, so can see this storm coming good on the end. That said, a company update is a must