Mirasol. No chart in the world could have to told you that was coming. Debt free! Ya would have converted lower if given the chance. Long term the best move clearing that debt in one go. Sanderson has realised his mistake.
Yes it is the same charts. Can’t remember saying anything about 2p but the .50 and .30p didn’t clear the top trend line as I also said they should to change the trend. As it’s a falling trend line the numbers become less. This time it’s cleared the top trend line and now trading above it. If you look at the hour chart and add the 100ma and 200ma you will see it is bouncing off support on the 100ma which is about to cross the 200ma. Positive! It’s also trading off the vwap as support. As I said before "Charts looking better." Sorry if it upsets people that this is now looking more positive but for me it’s all good.
Charts looking better. Trends changing after a long time trending down. It’s on the up. Once this clears .2650p it’s straight back to .30p. Onwards and upwards. Everyone knows when it’s best for them to press the button when to buy or sell. Do what’s best for you and forget the noise. Brents rising,over $40 this morning. All good.
Mullins58 All good here hope your Well and keeping safe. I think we have several building there pot the the shares are swept up. It’s amazing the following this share has.
Shows how oversold this. Buyers either buy now or pay more later. That’s the game. IMO the bottom looks like it’s been hit. We are now trading above the trend line and finding support on the 100ma hour. Looks good to me.
Someone is sweeping up these shares. Who? We may find out soon. Brents hit $39.55 this morning. On the up. Big pumps pumping. Tankers are rolling. Suns shining. All good.
GLA! Whatever your strategy. Stay safe. O “BJ” good name that.
Let’s see how far they let this go. First time we’ve been trading above the 200ma hour since August 2019. Briefly. Then it tanked. If it breaks .26p and stays above its change of trend. Looking better by the day.
We would have had a tr1 by now if canaccord were selling surely. It would be under the 5%. So it looks like they could be adding as someone is sweeping up these sells. Ukog bought back 23.5% of the last placement with cash. Positive move. Something’s brewing a corner may have been turned.
Someone is definitely sweeping these shares up building a position in the background. The last few weeks they’ve been swept up then bang tr1. I think there’s another coming or the Canadians are still buying. All good. It’s a sit and watch situation. Brents lifting - our costs are falling - profit increasing. What’s not to like.