All buys so far today, apart from the first trade. Sooner or later the delayed trade seller will finish, and then all of these buys will rapidly impact the share price. Have to be grateful for this buying opportunity whilst it lasts. However, the run-up to spud will see a share price rise, with or without this seller.
RE: Just put yet another top up order for the morning...09 Aug 2022 10:01
But it would transform the companies cash position and mean there would be no risk of a fundraise and West Newton could be comfortably financed to point of sale. That means a great deal to the true value of the company, and sentiment too.
"I'm pleased that we have now completed the final formalities of the Serenity Farm-in and look forward to updating the market as we progress, with i3 Energy as operator, towards starting drilling operations in early September."
You answered your own question, GP. As you know, they only issue RNSs when circumstances change. The situation will be as they last said:
Corallian has received a non-binding offer from a credible party for the Potential Sale. The Board of Corallian is progressing negotiations with the potential purchaser, including the purchaser finalising its due diligence process. The Corallian board of directors currently considers the offer sufficiently attractive for all shareholders to commence a sale process. A further update will be provided in due course.
I know you're a bit of a twit, Chitty, but were you a UJO shareholder 13 years ago? Of course you weren't. Were there any shareholders 13 years ago? Of course there weren't. Union Jack Oil only floated 9 years ago. Why do you keep repeating 'over 13 years of no evidence of shareholder value'?
I'm not sure why the market makers hide so many buys. Why is it to their advantage to hold the share price down? Maybe they want to encourage a boom in the share price to grab the headlines. After all, they know the best ways to work the market to make money for themselves. Glad I'm already in. This could move fast going into spud.