Member Info for Ricardo2019

> bloody hell its not even 1/30 of my current.

Could you elaborate please? You didn't get the basic entitlement you expected?

Hey, thanks for the heads up. Just checked my AJBell a/c and my basic entitlement shares have also been credited with the full basic entitlement that I expected.

I also put in for excess shares but zero have been credited so far. I am wondering if I need to be more patient, or if there were no excess shares? Any idea anyone?

0.75 is a decent avg. I estimate a max 50% downside for you but a rather nice upside if the drill succeeds.

Don't use stop losses on AIM, people! They are not an appropriate mechanism for volatile shares.

I don't recall there being any on LSE before around drill results times. Correct me if I'm wrong someone...

09:11 I already know thanks. 37% is a very good chance when considering the COS of all drills. But that's not what NewTraderLey said. He referred to the 'chance' of finding oil for this drill. He wasn't comparing drills. So I stand by my comment - 37 out of 100 is not "extremely high" despite it being relative good compared to many other drills.

37% is not "extremely high" in anyone's book.

You've seen the research that says if our well hits gas only then it's a failure?

> It’s gonna go 3p Friday
@newtraderley - do us a favour and refrain from spamming our board with BS. You've not got the credibility to post stuff like that and get away with it. The below was your post this morning, so spare us the pretence that you actually know anything.

"NewTraderLey
Today 09:45
Posts: 1
Price: 1.10
No Opinion

Will the share price drop below 1p?"

It's all relative. It's not punt money to the peasants but it is is to a very rich person. In other words, it doesn't mean they know any more than us. No-one will know any more until the RNS comes out.

For US data use: marketwatch.com/investing/stock/eeenf

Ah, that poster with the 5 posts and their amazing imagination. So much credible. So much wow.

And there was me thinking this was just going to trade in the usual range today then BOOM!

Hello and welcome! Yes, there is a long established group of LTHs here (inc. me). I wouldn't go as far as describing this share as great - woeful would be more accurate for the last 3 years - and we have been waiting a long time but there is great potential here if the next drill or two comes off. Good luck.

11:54 This is only going back to 0.5 and below if the current drill fails (I'd say 0.25-0.3 instantly on that news) with a slight recovery after due to future drill potential.

If the drill succeeds then I'm going to guess 2.8-4p in the short term. I'm less confident on that as it's harder to guess.

@tsbs1 - ah yeah, I knew. Sorry for the confusion. I was replying to the OP but I should have said so. :-)

@newtraderley - You got in at a decent price there. I cannot give financial advice, but from a common sense perspective, if you can't afford to lose any of that then top slice and take profits now. By doing so you may lose out somewhat on a rise but you protect yourself. And if there's one thing I've learnt from the last 4 years of AIM investing, it's always take profits when the opportunity allows.

HandspringGuy, apologies - I read your post as 88e buying up the shares and based my previous reply on that. Please ignore it.

What nonsense. Do you know anything about 88e at all?

Dude, I've been here since 2018 and watched it more or less constantly. I have no idea. I suspect, and it's just a hunch - nothing more - that the price will trickle down to a new support level about 50% higher than when it was at .5 for a short while before building back up at the anticipation of drill results. Or, maybe with the new influx of traders, the support level will be higher before news. That's reasonably possible I think. What I'm very confident about is that the pump and dump that started a couple of days ago is over for now. The traders have been in and sold on the spike. That's done - they've already moved on. Anyone saying that the US market is going to move the price today is probably lying to you.