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I like your positive thinking Tony! I think you should post your thoughts for the day every day. Good luck with your investment!!
Good evening Rocklawn. A few of those trades today were as I've been buying adding today at less than 1p. I missed out last year when the price went below 1p intraday. Not this time around. Only time will tell if I've made the right decision this time... Here's hoping to some news on the spud shortly. GLA to all whatever your strategy is.
Rocklawn. We just need to be patient. The market needs to know if it's flowing at commercial rates before this is going to take off big time. All we know is that the new well drill is completed and showing oil (which is bloody fantastic don't get me wrong) but we don't know anything about the flow yet. I'm as impatient as you, just hold tight for a while longer ;-)
oh you're so clever. well done and thanks for sharing your cleverness
I think you only have to look at 88E, the last few days and maybe I'm putting 2 and 2 together and making 5 but I think that a number of the sales here are related to PI's piling in over there maybe for a quick gain. Who really knows, lot's of reasons why people might sell right?
My gut feeling is that we will be seeing some more TR1's over the next day or so that will reveal who's been doing some of the buying. I doubt that the trading with the volumes we've seen recently is all PI buys /sells.
The other point I meant to mention Applebee is that this was 'cream' that was not expected as part of the deal from what I understood.
$1.1m is not a lot surely? Applebee - Every dollar in the bank is money that can be put to use to progress the business without the need to raise more cash via dilution. Maybe not that much but when we we were told "The Company has postponed all new capital expenditure and has reduced the monthly cash burn in Georgia by 40% from US$107,000 to US$64,000 through a combination of cost-cutting and deferral of operating and administration expenses" we know that amount on it's own is enough to pay the basic business operating costs for a good while. Building block for a future cash flow positive company in the not too distant future...
7.5 million traded in the first hour or so of trading. This could be a HUGE volume day today...
Great news with the announcement today. Brilliant! Good luck to all.
Geowiz. You maybe right but you also be wrong. You state it like its fact. You have no fecking idea. Ever heard of a joint venture/farm out?
investverysmart. To say anyone selling now is stupid is a bit well stupid on your part to be honest. Everyone has different strategies. Those that bought at 2p or less are now sitting on 100%+ paper profits. Some may have bought at less than 1p and are sitting on 300%+ profits. It remains a profit only on paper unless you take it. None of us know what is around the corner.... and by the way I have not just revealed my strategy as I haven't sold but I'm just saying....
It seems like a really good consolidation day for the share after the big rise yesterday. Seems very positive hopefully to move onwards and upwards with the next positive news that will hopefully soon follow.
Big volume today for BLOE, not seen that amount traded for a while. Good evening to all.
Can still sell up to 500K shares @ 4.4p so still plenty of buyers at this price. They're not getting mine!
See recent rns. Fitzy = John fitzpatrick. Increased holding. See below.
Significant Shareholders | 18 August 2020
Significant Shareholders Number of Shares % of Issued Ordinary Share Capital
Amati Global Investors 51,136,000 11.72%
The Block Energy plc Employee Benefit Trust 39,291,602 9.01%
Mr Alastair Ferguson 20,514,243 4.70%
Mr Jon Fitzpatrick 17,435,648 3.99%
G.P. (Jersey) Limited 13,100,000 3.00%
Mr Roger McMechan (Director) 3,401,260 0.78%
Mr Paul Haywood (Director) 2,143,419 0.49%
Mr Philip Anthony Dimmock (Director) 626,649 0.14%
Mr Chris Brown (Director) 170,443 0.04%
Jon Fitzpatrick's revised holding today:
Mr Jon Fitzpatrick 17,460,000 4.00%
Unable to buy reasonable volume at the minute.
I'm feeling confident/happy with my 2x500k buys the last couple of days at under 2.10p. It looks like 2.50p just paid
The 500K trade today @2.10p is definitely a buy, that's showing as "Unknown". My trade from yesterday is still not showing in the list of trades strangely enough.
Maybe it will show up in the morning. 500k at 2.07p
Today has been the straw that has broken the camel's back. The company clearly knew that there were issues with the water content and the tweet last week is now in hindsight just absolutely shocking. I just cannot 'invest' in a company that is in my opinion deliberately trying to mislead their investors. Truly shocking. I've sold and will not be coming back here.