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Yeah, don't see the point in averaging up with SYN
Well let's see what happens in the run up to the bell.
What's occurring?
It could still happen before the election. Buys coming in an up we go
I'm hopefully that Roland has paused as much of the expenditure as he can, turned it down to a simmer. This should get us through to the GoI approval
Gone blue
Let's hope for that RNS soon!!
If patience id your game, I hope you have a pack of cards with you.
...people are getting bored of waiting!!!
Someone wants in.
I'll be here next week
"Shares of this oil exploration company surged over 8% on Friday after it became public that Dolly Khanna has taken a fresh stake in this company during the quarter under review."
The stock in question is Selan Exploration Technology.
According to the latest filing by the company, during the March 2024 quarter, Dolly Khanna added over 1% stake in the company for an amount not exceeding Rs 81 million (m).
In the past one year, the (Selan) stock is up around 94%.
You don't spend Rs 81,000,000 (equivalent to over £750,000) on a stock that has already gone up 94% on the year unless you believe it's going to go a lot higher !!
If it is next week, we might see some buying today in expectation of a Monday RNS.
Https://twitter.com/Synergiaenergy/status/1778467599128346645
"On CEO will add calibre of him is above that of RRR."
Are you drunk Gooner 221?
Oh, and the MM's don't seem to have dropped the sp early doors today. Interesting. Let's see if the blue trades turn up.
Remember charts are based on historical data being projected forward. They don't take into account the 'shocks' of a RNS announcing the JV being approved.
So I think what Zak is saying is that if the current level of interest in SYN grows at the historical rate, SYN will be at 0.2p by the end of next month, but yes I agree when we get the JV approval RNS this should be above 0.2p
Gordon,
We are testing the resistance, which is a good thing. We will probably test it again tomorrow. One day it will stay above this resistance, fingers crossed !!!
We need to break the 0.1405p and hold it, then we will be away. Sp tried 0.14p but fell away slightly, maybe the next wave of buying will get us through the resistance level.
GLA, and it certainly has a feeling that the approval is imminent.
LOL Silver,
Apr 13, 2023, the day last year Ajan announced ROQ were in 'deal mode' https://twitter.com/RoquefortTherap/status/1646487211670372353
Apr 10 2024, still waiting 🥱. ROQ have tweeted over and over about other pharms deals. The twitter boys have tweeted and retweet for over 2.5 years about a deal !!! So what's the hold up, the quality of data that would need to be given to the proposed JV partner? Results are as good as expected? Something has stopped a potential JV partner from taking the plunge after a year in deal mode?
You just need to to do a Google search on Ajan to establish his business background, including concerns over data quality and what his own solicitor said about him.
In terms of investment, you don't know where I invest, but I certainly haven't sat here watching my money go from 14p at the last placement to 4.35p today like some people. Invest your money elsewhere, make a profit and come back to here after the next placing. It's down again today and will stay low without a deal because the market, IMHO, believes a heavily discounted placing is on the way.
Gordon,
Doesn't it need approving from the MoPNG?
I think a lot of people emailed Briana yesterday about the Telegram interview and got the same answer, which is good. A consistent answer is what we need. Seems we are at the point of daily updates coming out of India on progress, this is inching to the line and people are now beginning to believe this will happen. I'm still saying before the 19th April when the Indian election starts.