I’m definitely prepared to be patient with this one. Have a decent holding of just shy of 400k shares and happy with that. I first bought in around 6p thanks to a tip from doc holiday
And to the others who helped. Here’s to another good day. I’d be happy with some Consolidation today but expect some games from the MM this morning.
For me this is good news and the share price reaction shows that. Already stabilizing around 5.8p before the inevitable rise as we progress towards end of the month.
For me the company have looked out for our best interests. There’s nothing the HNW person has seen since the last placing so my guess is he/she wanted to subscribe to more at 2.8p but the bots said no as it would have been more dilution.
I was thinking of top slicing some of my 5.8m holding but this has made me even more confident. Good luck all and a particular thanks to Thoth and SOG as well as many others
My guess would be it would need to remain over 100m for a certain period of time. We'll soon know and if we see large trades appearing at the end of each day then i think we already have the answer
Not sure what your previous experience of oil and gas stocks are but 30% chance of success is normal. If it was over 50% everyone would be drilling. We wanted this news and now we got it but so much negativity around.
Placing done at a premium. For those who read RMM's post over the weekend it looks like he hit the nail on the head with wanting to raise a small amount for now. He never mentioned at a premium though so that's a bonus. A placing has never got me excited before but now we are good to go. Boom