Member Info for shakeypremis

Sanity has been restored and UKOG is now valued £3m higher than SDX as it is clearly a higher quality company.

LSE doesn't work reliably full stop.

Down nearly 5%, 48.1p equivalent.

I agree that the price is in absolute bargain basement territory though.

Pure conjecture, the share price here gets hammered whatever happens so your reasoning doesn't stand up.

Becaaaaaause, as I said, the trade gets marked as a buy or sell depending on the mid price at the time of the trade. It's really irrelevant to be honest. Every trade is a buy AND a sell. That's how trade works!

Down, down, deeper and down and back to the 40's.

And after reading AGAIN, I don't think it is SDX lol. Aparently they are in discussion with supplier who will build LPG storage facility for them. Doesn't matter anyway, if SDX had got this deal out would have been positive news for them and the share price would have gone down.

Hmm, reading again, could SDX supply the gas? The rns states that Emmerson require either LPG or LNG. So maybe.

It is very close to Kenitra and the Gharb centre but it can't be SDX if they are getting LPG as SDX only supply natural gas.

Can you post a link mate? Cheers

I would highly doubt that is the reason Chris. That implies most of the money invested here came in after not doing even the most basic due diligence. Which might be true for some PI money but not for the large institutions which control a very large percentage of the shares here. For example, one such institution holds just under 20% and would likely buy more if they didn't have to mount a takeover bid after doing so.

I can't believe I have to keep saying this but no one is 'misrepresenting' buys as sells and vice versa. At a time a trade goes through it is marked as a buy/sell based upon the mid-price. If the trade goes through at a higher price than the mid-price, then it gets marked as a buy. If it goes through at a price lower than the mid-price it is marked as a sell.

Besides, when someone 'sells', someone else bought those shares and obviously vice-versa.

No he won't. What a waste of money. They need it for exploration and development in SD and Morocco.

Unless this reverses course tomorrow or very soon after we are going back to the 40's, maybe 47ish. The rising channel has broken to the downside on AIM (technically speaking) and in Canada it is badly broken.

I'd once again like to remind everyone that rather than invest in a dog like SDX that only has no debt, generates crica ~US$4m/month cash, and looking to double production this year, that there is a a much better company just down the road from us. UKOG valued a touch higher than SDX after today's fall in the share price.

UKOG has over 5 billion shares in issue (more is obviously better right?), has wells that flow in to the HUNDREDS of barrels per day with working interests starting at 9%. This is clearly the company we should be investing in. I wish I had the foresight and the skill of UKOG investors and had invested there rather than this dog of a company.

Can this actually go back to the 40's again???

I was also interested to hear PW say in the LSE presentation that they thought there was more potential in Meseda around the Rabul area. He had said previously that they weren't going to drill it again. Those Rabul wells added a decent amount to net production.

Dude. Come on. Remember where you are invested. This has actually done WELL today to not tank.

The tweets could have been about meetings regarding various other things including gas price negotiations or whatever. I wish I had a larger portfolio with some spare cash, if I did I would be backing up the truck (again) at these ridiculous prices.