Member Info for Setanta1

See they've widened the spread considerably in order to discourage buying. Caveat punters, if you don't get in now, (and your'e not doing it in any important numbers), the opportunity for spectacular gain ,(for all but long term holders,) will be lost!!

Trading in the share is derisory. 275K the biggest buy so far! Anyway for the best take on todays news I'm waiting on ADON. Please!

Yet again Adon for some first class posting. The only thing I find surprising is the reluctace of the punters to put their money down. Buying levels hardly exist and ZPHR seems so close to very important news.

As usual ! Two excellent posts this morning!

We're on the verge of share changing news but the punters ,(in the main), are sitting on their wallets! Confidence ?

.... that this is on the cusp of a major success. A million shares traded in half a day and we're within a week or so of what might be a huge upwards share price movement. Not many punters making significant purchases these days!

Shares traded daily is around 6m. Nothing to write home about yet. Takeover anytime soon is highly unlikely. Sp possibility this year, even if it shows signs of becoming a mid tier oiler will be no more than 10P. I just wish it might be different. Posters here lose their common sense at the slightest sign of a good day. Read Adon. He's the one with the nous.

I'd guess that the Sp is being held back to facilitate some decent sized investors who'll put their money in when they are given news about a successful drill. Or maybe for a, (long awaited) institutional investor who won't move until big profit is guaranteed. Certainly the wide spread is there as a deterrent to buyers and it's doing that job very well.

Don't worry they're nothing to do with a takeover. Punters getting excited about nothing important.

Less than 4M shares traded out of 1.8B plus, and the individual trades are not impressive either.Little bits of profit being extracted. If you want to make money here you'll need to put some decent dosh in. If I were not heavily invested here already I would know that this is make ones mind up time. You have the cojones or you don't Most don't !!

Ask Adon. He's the one here who knows what it's about !!

Brilliantly informative post at 8.10 Adon !

I am a serious investor and I have a very major investment here. My hope is that all goes well and I will make a packet. I've been here a long time and I think the time is close. That's why I'm surprised at the low level of trading at this point.

Thanks Adon, I find your posts among the most informative on this bulletin board.

Whistler. But by the time the five weeks are up the SP will (probably) be miles higher than it is now, and the opportunity for a substantial profit lost.

Patience is ,indeed, a virtue but remember that the early bird catches the worm!

Not! an almost extreordinary lack of that life blood of that commodity given the good news related to the rigging up and imminent spudding. Does one therefore get the impression that the punters are not willing to invest their money so close to to potential gains or that they have serious doubts about the project? Remember one never makes a killing without putting the dosh in in good time!!

M Tucker ? With less than a million shares traded in a day. That just indicates the suspicion with which the BOD of ZPHR is held. It would be meaningless if it weren't laughable!!

And we're almost certain to see another big buy reported later.

I wasn't the ieast bit surprised. But the MM's couldn't have made a loss in any case. They set the sell and buy prices to ensure that they make a profit. But subsequent , ( and earlier), traders will have been affected by their machinations. That's how they work the market.

Why the MM's and the brokers are. That's why the lunchtime 3.9M trade wasn't reported until after hours. If it had been reported when it was made the effect would have been to create a resurgence in the SP which they didn't want yesterday afternoon.

But it WAS like old times to see a 3.9M trade anyway!