Member Info for sankeys

he'll be going below 5% in a few days....

top ups or did you sell some before the placing?

the majority of the money raised was not thru primary thou.

could, but who's selling in the 3's? Not anyone who took the placing at 4p or 7.5p, PIs who have stayed in since 10-12p will probaly hold at least untill drill results are out. May well be some margins being taken out, but I can't see any move below 4p lasting very long.

Z21 is going to be August to restart so we have a couple of months to wait. Q2 production figures with the higher oil price should be a positive and the Indonesian asset could go either way, but at least if it's in the near term its thru debt not equity. Anyone getting in at this price could double their money pre Z21 results.

did you star in Allo Allo?

perhaps the post of raising 5m was correct, 2m from equity and 3m from debt? At least we found out who the cornerstone investor was - it was us mugs that bought in at 10p, a massive premium to the SP !!!!

lol, I've spent the afternoon watching paint dry to get some action. Im usually very patient but six months of this share and I'm one flee over the cuckoo nest.

is a steal for those that get in, I'm not sure how to do primary bid so I will look to buy some tomorrow if it drops below 4.5p. Short term its hard but if you're going to average down it will be a very good opportunity for later this year. I'm going to try and get my average down to 7/8p.

this placing has effected the SP for a couple of weeks so at least it gets it out the way and PIs can start buying in for the near term work overs. Someone also bought 5% on the market so with the 4p placing holders there's a few looking to make gains from here.

I hear team B has a couple of new spades and a pitchfork recently, they paid screwfix in shares of course.

and for clarity you will be heavily top slicing any rise on these events.

by a thousand 0.2p drops.

they had 500k in the bank and raised 750k. Since then 400k on Vibe, 200k on BITK, 200k on Argo, 150k on Portr. I roughly get all dealings in BTL including warrants as a positive on the balance sheet of 275k. So without any other costs there would be circa 575k. 600K on BITK and Vibe has wiped out most of the placing but added nothing to the SP, BTL dealings have been very good and prudent to take profit on the Dec/Jan rise. We assume Argo is going to add value at 16p IPO to bought price of 8p.

you can't just look at opex and then create a profit, there's G&A, interest payments, capex and taxes and other contractual payments. Free cash flow is certainly tight given the need for the recent loan.

I wonder if Clive is putting on a spread?

Massie bought it from administration for £160k.... I think we should have binned it. http://www.businesscloud.co.uk/news/matt-newing-hits-back-in-vibe-tickets-row

so at 4% holding and total investment of 600k Vela would need Vibe to be valued at £15m to break even.

you'll find he tops up every day on any stock he is in, never sells of course. Although he's very quiet these days on his thousands of top ups on Gkp from 150p to 10p - real price now 2p.....

I posted that link on Saturday morning from a link from Wednesday - get with it guys, last weeks news and not the driver for current price rise. But what is? :)